4 Cranston Road, Toronto W08

Price: $1,249,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W12917298

This charming, carpet-free all-brick bungalow is nestled on a quiet, family-friendly street in the heart of Eatonville. Meticulously maintained and filled with natural light, the main level features spacious living and dining areas, an updated 4-piece bathroom, and three well-proportioned bedrooms, including a primary with dual closets. The bright eat-in kitchen offers ample storage and a welcoming space for daily meals. Outdoors, you'll find a fully enclosed yard with perennial and vegetable gardens, perfect for summer hosting. The versatile finished basement, accessible via a separate side entrance, is flooded with natural light from large above-grade windows. It features a spacious family room or fourth bedroom, a massive laundry area, and extensive storage-ideal for an in-law suite or potential rental income. Complete with an attached garage and ample parking, this move-in-ready home is steps from top-rated schools, parks, TTC, and shopping. Enjoy quick access to Hwy 427, Pearson Airport, and a short commute to downtown.

4 Cranston Road - Detached photo 1 of 23 in Etobicoke (Islington / Rexdale), Ontario
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$1,249,000 - 4 Cranston Road, Etobicoke

Detached for Sale in Etobicoke

104 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W12917298
Property Type
Detached
Status
active
Days on Site
104
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
SUTTON GROUP REALTY SYSTEMS INC.
Description

This charming, carpet-free all-brick bungalow is nestled on a quiet, family-friendly street in the heart of Eatonville. Meticulously maintained and filled with natural light, the main level features spacious living and dining areas, an updated 4-piece bathroom, and three well-proportioned bedrooms, including a primary with dual closets. The bright eat-in kitchen offers ample storage and a welcoming space for daily meals. Outdoors, you'll find a fully enclosed yard with perennial and vegetable gardens, perfect for summer hosting. The versatile finished basement, accessible via a separate side entrance, is flooded with natural light from large above-grade windows. It features a spacious family room or fourth bedroom, a massive laundry area, and extensive storage-ideal for an in-law suite or potential rental income. Complete with an attached garage and ample parking, this move-in-ready home is steps from top-rated schools, parks, TTC, and shopping. Enjoy quick access to Hwy 427, Pearson Airport, and a short commute to downtown.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,524.75/mo

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5-yr fixed avg.

Principal: $999,200Interest: $658,224
Mortgage Amount$999,200
Total Interest$658,224
Est. Property Tax$885/mo
Total Cost$1,657,424

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: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) 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 Etobicoke (Islington / Rexdale)

  • 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

Etobicoke (Islington / Rexdale) 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

4 Cranston Road, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,055

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 $1135/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.

Negotiation Opportunity

At 104 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Etobicoke. Good resale value as demand remains consistent.

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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    4 Cranston Road | $1,249,000 | Battaglia Team