$1,199,999 - 42 Masseygrove Crescent, Etobicoke
Detached for Sale in Etobicoke
New — Listed 2 days agoNeighbourhood: Mount Olive-Silverstone-Jamestown
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- MLS Number
- W14104584
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 7
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Taxes (2026)
- $4,036
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Step inside this beautiful and well-maintained home set on a private lot that backs onto greenspace. Perfect for growing and multi-generational families, this spacious home features 5 bedrooms plus a walk-out basement complete with in-law suite. The bright and welcoming foyer showcases a striking floating staircase, soaring ceiling with skylight plus an adjoining main floor fifth bedroom. The main level offers a generous family room with walk-out to a full-width deck overlooking the private backyard, a separate dining room and an updated kitchen featuring marble countertops, pantry, top of the line appliances, water filtration system and a second walk-out to the deck plus a main-floor laundry room with access to the garage and stairs leading to the backyard adds everyday convenience. Upstairs, you'll find four generous bedrooms, including a king-sized primary bedroom with walk-in closet along with an updated main bathroom featuring double sinks. The finished lower level offers flexibility for extended family or potential rental income with a separate entrance, rec room, kitchen with new appliances, water filtration system and pantry, spacious bedroom with walk-out to the back, 4 pc bathroom, separate washer/dryer plus an additional bedroom on the intermediate level. Recent updates include new appliances, new patio doors and basement entry door, updated flooring and freshly painted. Located close to LRT transit, schools, parks/trails, shopping, Etobicoke General Hospital and Humber College. Some images are virtually staged
Estimate your monthly payments for this property
Estimated Payment
$5,308.00/mo
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 Mount Olive-Silverstone-Jamestown
Mount Olive-Silverstone-Jamestown 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 Mount Olive-Silverstone-Jamestown
- •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
Mount Olive-Silverstone-Jamestown 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.
42 Masseygrove Crescent, Etobicoke (West Mall / Rexdale)
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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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Excellent Flexibility
With 7 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 3 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.
About Mount Olive-Silverstone-Jamestown
I know Mount Olive-Silverstone-Jamestown 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.