3989 Bloor Street, Toronto W08

Price: $1,499,900

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13804724

BUY ONE. BUY TWO. BUY ALL FOUR. Individual redevelopment opportunity on Bloor Street West, newly priced at $1,499,900. This 40 x 150 ft lot offers approximately 6,000 sq. ft. of land on a Toronto Major Street, minutes from Kipling and Islington subway stations and the Kipling Mobility Hub. Toronto's evolving EHON Major Streets planning framework supports increased low-rise residential intensification on qualifying properties along Major Streets, creating an opportunity for builders and developers to explore a small-scale multi-residential project on this deep, well-proportioned site. Buyer to independently verify all zoning, density, unit count, garden suite potential, servicing, permitting and development requirements. The opportunity can also scale. The three adjacent properties at 3985, 3987 and 3989 Bloor Street West are separately available, allowing a purchaser to acquire one property or assemble two, three or all four sites. Combined-site information, including lot dimensions and parcel mapping, is available for purchasers evaluating a larger development opportunity. Hold while you plan: the existing well maintained brick bungalow offers 3+1 bedrooms, a finished basement, private drive, attached garage and parking for three, providing potential rental income during the planning and approvals process. A rare opportunity to acquire an individual development site or create a larger land assembly, along a transit-supported stretch of Bloor Street West in rapidly intensifying Islington-City Centre West.

3989 Bloor Street - Detached photo 1 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 2 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 3 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 4 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 5 of 20 in Etobicoke (Islington / Rexdale), Ontario
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3989 Bloor Street - Detached photo 8 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 9 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 10 of 20 in Etobicoke (Islington / Rexdale), Ontario
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3989 Bloor Street - Detached photo 13 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 14 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 15 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 16 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 17 of 20 in Etobicoke (Islington / Rexdale), Ontario
3989 Bloor Street - Detached photo 18 of 20 in Etobicoke (Islington / Rexdale), Ontario
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active
New Listing

$1,499,900 - 3989 Bloor Street, Etobicoke

Detached for Sale in Etobicoke

New — Listed 3 days ago

Neighbourhood: Islington-City Centre West

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13804724
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

BUY ONE. BUY TWO. BUY ALL FOUR. Individual redevelopment opportunity on Bloor Street West, newly priced at $1,499,900. This 40 x 150 ft lot offers approximately 6,000 sq. ft. of land on a Toronto Major Street, minutes from Kipling and Islington subway stations and the Kipling Mobility Hub. Toronto's evolving EHON Major Streets planning framework supports increased low-rise residential intensification on qualifying properties along Major Streets, creating an opportunity for builders and developers to explore a small-scale multi-residential project on this deep, well-proportioned site. Buyer to independently verify all zoning, density, unit count, garden suite potential, servicing, permitting and development requirements. The opportunity can also scale. The three adjacent properties at 3985, 3987 and 3989 Bloor Street West are separately available, allowing a purchaser to acquire one property or assemble two, three or all four sites. Combined-site information, including lot dimensions and parcel mapping, is available for purchasers evaluating a larger development opportunity. Hold while you plan: the existing well maintained brick bungalow offers 3+1 bedrooms, a finished basement, private drive, attached garage and parking for three, providing potential rental income during the planning and approvals process. A rare opportunity to acquire an individual development site or create a larger land assembly, along a transit-supported stretch of Bloor Street West in rapidly intensifying Islington-City Centre West.

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Estimated Payment

$6,634.56/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,199,920Interest: $790,449
Mortgage Amount$1,199,920
Total Interest$790,449
Est. Property Tax$1,062/mo
Total Cost$1,990,369

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: Islington-City Centre West

Discover Islington-City Centre West

Islington-City Centre West 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 Islington-City Centre West

  • 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

Islington-City Centre West 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

3989 Bloor Street, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,426

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

Premium Pricing

At $1364/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Islington-City Centre West

I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    3989 Bloor Street | $1,499,900 | Battaglia Team