24 Ravenscrest Drive, Toronto W08

Price: $2,880,000

6 bedrooms, 6 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: W13758460

Newly rebuilt in 2026 on a prime 52 x 167 ft ravine lot backing onto Ravenscrest Park and the Mimico Creek corridor - mature canopy, no rear neighbour, and exceptional privacy. 3,245 sq ft above grade plus 1,494 finished below; 4+2 bedrooms, 6 bathrooms. Subtle and graceful architecture with extremely generous room sizes: stone-clad front elevation, black window frames, covered loggia behind a glass rail, and the preferred high lot elevation from the street. Double width living room with a full wall of glass to the terrace and treetop ravine views, overlooking kitchen and rear ravine yard. Kitchen with waterfall island seating for six, integrated premium appliances, full-height cabinetry, designed for entertaining. Formal dining seats ten to twelve with rough-in for TV electricals. Mudroom with 2-pc powder, porcelain floor, custom cabinetry and direct garage access. Second floor holds four bedrooms, four ensuites and four walk-in closets, all massive; primary 20'3 x 14'8 with 5-pc ensuite, freestanding tub, glass shower and twin vanity. Laundry on the bedroom level plus a second laundry below. Lower level offers a 19'7 x 25'10 recreation room, two further bedrooms, full bath and dedicated storage - a gracious floor plan throughout. Wide 1.5-car garage with 16 ft ceiling for car-lift option, room for car and motorcycle, plus 4-car private double drive. Engineered hardwood, floating staircase with glass balustrade, multiple foyer areas on main and second floors. Walk to Ravenscrest, Hampshire Heights and West Deane Parks. School districts St. Gregory and John G. Althouse; Rosethorn Junior and Kingsway College School minutes away. Thorncrest Village adjacent. Fifteen minutes to Pearson, thirty to the financial district, Sherway Gardens nearby. A prime ravine lot at an incredible price point.

24 Ravenscrest Drive - Detached photo 1 of 43 in Etobicoke (Islington / Rexdale), Ontario
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active

$2,880,000 - 24 Ravenscrest Drive, Etobicoke

Detached for Sale in Etobicoke

Neighbourhood: Princess-Rosethorn

6Beds
6Baths
3,000 - 3,499Sq Ft
Detached

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Property Details
MLS Number
W13758460
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
6
Bathrooms
6
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$6,361
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

Newly rebuilt in 2026 on a prime 52 x 167 ft ravine lot backing onto Ravenscrest Park and the Mimico Creek corridor - mature canopy, no rear neighbour, and exceptional privacy. 3,245 sq ft above grade plus 1,494 finished below; 4+2 bedrooms, 6 bathrooms. Subtle and graceful architecture with extremely generous room sizes: stone-clad front elevation, black window frames, covered loggia behind a glass rail, and the preferred high lot elevation from the street. Double width living room with a full wall of glass to the terrace and treetop ravine views, overlooking kitchen and rear ravine yard. Kitchen with waterfall island seating for six, integrated premium appliances, full-height cabinetry, designed for entertaining. Formal dining seats ten to twelve with rough-in for TV electricals. Mudroom with 2-pc powder, porcelain floor, custom cabinetry and direct garage access. Second floor holds four bedrooms, four ensuites and four walk-in closets, all massive; primary 20'3 x 14'8 with 5-pc ensuite, freestanding tub, glass shower and twin vanity. Laundry on the bedroom level plus a second laundry below. Lower level offers a 19'7 x 25'10 recreation room, two further bedrooms, full bath and dedicated storage - a gracious floor plan throughout. Wide 1.5-car garage with 16 ft ceiling for car-lift option, room for car and motorcycle, plus 4-car private double drive. Engineered hardwood, floating staircase with glass balustrade, multiple foyer areas on main and second floors. Walk to Ravenscrest, Hampshire Heights and West Deane Parks. School districts St. Gregory and John G. Althouse; Rosethorn Junior and Kingsway College School minutes away. Thorncrest Village adjacent. Fifteen minutes to Pearson, thirty to the financial district, Sherway Gardens nearby. A prime ravine lot at an incredible price point.

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Estimated Payment

$12,739.21/mo

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5-yr fixed avg.

Principal: $2,304,000Interest: $1,517,763
Mortgage Amount$2,304,000
Total Interest$1,517,763
Est. Property Tax$2,040/mo
Total Cost$3,821,763

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Princess-Rosethorn

Discover Princess-Rosethorn

Princess-Rosethorn is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Princess-Rosethorn

  • •Convenient location in Etobicoke (Islington / Rexdale)
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Princess-Rosethorn offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

24 Ravenscrest Drive, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,600/mo
Range: $3,910 - $5,290
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,600
Maintenance Fees-$0
Property Tax (est.)-$2,040
Insurance (est.)-$600
Net Cash Flow+$1,960

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $960/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Etobicoke are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Etobicoke.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    24 Ravenscrest Drive | $2,880,000 | Battaglia Team