$1,988,000 - 43 Riverlea Drive, Etobicoke
Detached for Sale in Etobicoke
36 days on marketNeighbourhood: Humber Heights
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- MLS Number
- W13730624
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Taxes (2026)
- $7,160
- Listing Brokerage
- HOMELIFE/CIMERMAN REAL ESTATE LIMITED
WELCOME TO BRIGHT HOME FILLED WITH NATURAL LIGHT, SITUATED IN ONE OF ETOBICOKE'S MOST PRESTIGIOUS NEIGHBOURHOODS. THE MAIN FLOOR OFFERS A RELAXING LIVING ROOM WITH A FIREPLACE THATCREATES AN INVITING ATMOSPHERE, AN ENTERTAINER'S KITCHEN THAT A WALK-OUT TO A SPACIOUS DECK AND PATIO OVERLOOKING A LANDSCAPED YARD AND PERENNIAL GARDEN THAQT RETURNS ANNUALLY, THE HOUSE HAS HARDWOOD FLOOR THRU-OUT. THE UPPER LEVEL INCLUDED 4 SPACIOUS BEDROOMS AND A WALK-IN CLOSETS. ONE BEDROOM IS CURRENTLY BEING USED AS AN OFFICE. THE LOWER LEVEL OFFERS A COZY APARTMENT, WHICH PRESENTLY RENTED AND A LOT OF STORAGE SPACE. THERE ARE 4 BATHROOMS IN THE HOUSE, ONE CONVIENTLY LOCATED ON MAIN LEVEL. 3 FULL BATHROOMS ON SECOND AND BASEMENT LEVEL. STEPS TO TTC: 5 MIN WALK TO ROYAL YORK, SCARLETT SUBWAY, UP, GO, BUS ON THE CORNER. THE KINGSWAY SHOPS & RESTAURANTS AND ROYAL YORK PLAZA, YORKDALE MALL. CLOSE TO 2 GOLF AND COUNTRY CLUB, AND TOP-RANKED SCHOOLS. WALK OR BIKE ALONG THE SCENIC TRAILS OF PRESTIGIOUS JAMES GARDEN. HOUSE IS FRESHLY PAINTED MOVE IN AND ENJOY!
Estimate your monthly payments for this property
Estimated Payment
$8,793.59/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 Humber Heights
Humber Heights 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 Humber Heights
- •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
Humber Heights 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.
43 Riverlea Drive, Etobicoke (Kingsview Village / Humber Heights)
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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
Fair Market Value
At $994/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 36 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.
Excellent Flexibility
With 5 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 4 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 Humber Heights
I know Humber Heights 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.