$749,000 - 65 Old Burnhamthorpe Road Unit 94, Etobicoke
Condo for Sale in Etobicoke
New — Listed yesterdayNeighbourhood: Markland Wood
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- MLS Number
- W14107166
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2025)
- $3,145
- Maintenance Fees
- $713/mo
- Locker
- None
- Exposure
- East West
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Markland Wood "Elm Crest Creek Ravine" Just Steps from Centennial Park! With over 2000 sq ft of living space, this 3+1 bed 2-bath, walkout basement townhouse checks all the boxes. Desirable ravine setting with scenic views and ideal location, convenient access to nearby amenities, one bus to subway and steps to shopping! The spacious main level features an eat-in kitchen, expansive living and dining room and a renovated 2-piece powder room all with laminate flooring. Enjoy an escape from the city with tranquil views from the walkout balcony off the living room overlooking the ravine. The second level features 3 bedrooms with hardwood flooring and a 4-piece bathroom. The fully finished walkout basement provides additional living space featuring a family room, bedroom / office, craft room and laundry room. The walkout basement provides direct access to an open backyard backing onto the ravine, offering a wonderful extension of the home's living area. Enjoy the added benefit of having rare above ground parking in front of your unit. Ideally located steps from Centennial Park, with walking trails, green space and recreational facilities nearby. A great opportunity to enjoy townhouse living in a sought-after location!
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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 Markland Wood
Markland Wood 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 Markland Wood
- •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
Markland Wood 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.
65 Old Burnhamthorpe Road Unit 94, 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
Competitive Pricing
At $624/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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $713/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Markland Wood
I know Markland Wood 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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.