$2,999,999 - 47 Great Oak Drive, Etobicoke
Detached for Sale in Etobicoke
New — Listed 4 days agoNeighbourhood: Princess-Rosethorn
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- MLS Number
- W13796614
- Property Type
- Detached
- Status
- active
- Days on Site
- 4
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Offered for the first time in decades, this exceptional custom-built residence presents a rare opportunity to own a landmark home in the prestigious Princess-Rosethorn community. Built in 1994 and set on a magnificent 70 x 141 ft lot surrounded by mature trees, this beautifully maintained home offers outstanding privacy, timeless craftsmanship, and approximately 4,200 sqft of above-grade living space.Thoughtfully designed and built for family living, the home features expansive principal rooms, a functional layout, and abundant natural light. Meticulously maintained over the years, every detail reflects the pride of ownership and quality construction that have defined this home for decades.The massive lower level, measuring approximately 2,500 sqft, offers exceptional potential, with full insulation and rough-ins already in place for a future custom living area tailored to your family's needs. A rare bonus is the large room beneath the garage, which provides additional flexibility for a workshop, wine cellar, home gym, storage, or specialty area of your choosing.Ideally situated in one of Etobicoke's most sought-after neighbourhoods, this home is within walking distance to top-rated elementary and secondary schools, parks, playgrounds, and recreational facilities. Enjoy convenient access to golf courses, tennis clubs, community centres, shopping, hospitals, TTC, subway stations, Toronto Pearson International Airport, and major highways including the Gardiner Expressway, QEW, 401, and 427.Whether you choose to move in and enjoy this lovingly maintained home or update it to reflect your own vision, 47 Great Oak Drive offers an exceptional opportunity on one of Princess-Rosethorn's most desirable streets. A true legacy property where quality construction, generous proportions, and an unbeatable location come together to create an extraordinary place to call home.
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Estimated Payment
$13,270.01/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 Princess-Rosethorn
Princess-Rosethorn 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 Princess-Rosethorn
- •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
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
Princess-Rosethorn 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.
47 Great Oak Drive, Etobicoke (Islington / 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
Fair Market Value
At $857/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.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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 5 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.