$1,199,888 - 42 Newstead Road, Etobicoke
Detached for Sale in Etobicoke
Neighbourhood: Willowridge-Martingrove-Richview
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- MLS Number
- W13775838
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Taxes (2025)
- $5,301
- Listing Brokerage
- SNOBAR REALTY GROUP INC.
Put this one on your "Must-See" list for Fall 2026! Much loved by the same owners for nearly 50 years, this charming rarely available 4 bedroom home offers fantastic curb appeal and is ready for your personal touch to make it your own "Home Sweet Home". Featuring a sunroom off the kitchen and an oversized bungalow with an in-law suite, it's ideal for a large or multi-generational family. Located on one of the best streets in Royal York Gardens, this is a wonderful opportunity to create something truly special in a highly sought-after neighbourhood. Walking Distance To Coveted Father Serra School District. Show & Sell!!!
Estimate your monthly payments for this property
Estimated Payment
$5,307.51/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 Willowridge-Martingrove-Richview
Willowridge-Martingrove-Richview 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 Willowridge-Martingrove-Richview
- •Convenient location in Etobicoke (Kingsview Village / Humber Heights)
- •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
Willowridge-Martingrove-Richview 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 Newstead Road, Etobicoke (Kingsview Village / Humber Heights)
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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 $1091/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 25 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.
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 Willowridge-Martingrove-Richview
I know Willowridge-Martingrove-Richview 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 $5,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.