$898,000 - 40 Benway Drive, Etobicoke
Detached for Sale in Etobicoke
Popular ListingNeighbourhood: Rexdale-Kipling
- MLS Number
- W13482378
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to this well maintained bungalow in a quiet neighbourhood of Etobicoke. This home offers 3 bedrooms and 2 bathrooms. The large living room, with fireplace and separate dining room complement this home providing wonderful space to gather with family and friends. The kitchen has ample cupboards and ready to prepare fan favorite meals. The main floor bathroom has been recently updated with a tiled and glass shower. The original hardwood flooring in the bedrooms and dining room have been meticulously cared for. There is carpet in the hallways and living room, however underneath you will be surprised to find the same beautiful hardwood. The basement is finished and functional with a large recreation room, additional bedroom, den/study, laundry room and workshop. There are possibilities in the basement to suit your family needs and/or multigenerational living. The backyard is fully fenced with lots of beautiful trees, hedges and perennials for amazing privacy and natural beauty. From the backyard, you can enter the house through the doorway that takes you to the kitchen or basement entry. The attached, single car garage also provides backyard access. Storage in this home is plentiful with many cupboards, storage areas in the basement and a garage loft. This home is conveniently located with easy access to HWY 401 and 427 for quick trips to Pearson Airport or downtown Toronto! Public transit (TTC) stops are within walking distance to Kipling Ave. This community is close to elementary, high schools, libraries and places of worship. Please review the Feature List and check the property website at 40benway.com This home is waiting for your personal touch! If you are downsizing or first-time home buyers...this home will be very suitable for you! Don't wait, come see this beauty today!
Estimate your monthly payments for this property
Estimated Payment
$4,607.21/mo
Includes CMHC insurance ($25,054)
5-yr fixed avg.
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.
Discover Rexdale-Kipling
Rexdale-Kipling 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 Rexdale-Kipling
- •Convenient location in Etobicoke (West Mall / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Rexdale-Kipling 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.
40 Benway Drive, Etobicoke (West Mall / Rexdale)
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $816/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.
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.
About Rexdale-Kipling
I know Rexdale-Kipling 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 $3,742 (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.