$685,000 - 68 Allenby Avenue, Etobicoke
Detached for Sale in Etobicoke
New — Listed 6 days agoNeighbourhood: Elms-Old Rexdale
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- MLS Number
- W13848582
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Taxes (2025)
- $3,378
- Listing Brokerage
- Royal LePage Real Estate Associates
Opportunity is knocking! Attention first-time buyers, renovators and investors-this charming 1.5-storey home is being offered for the first time in over 60 years. Ideally located in Etobicoke near the Humber River, it sits on a generous 49 x 132-ft lot offering space, flexibility and exciting potential. Renovate the existing home, reimagine the layout, add an addition or explore the possibility of building something larger-the possibilities are yours to explore. The main level features a spacious living area, good-sized kitchen with a dining area, 4-piece bathroom and convenient main-floor bedroom. Upstairs are two well-sized bedrooms, while the finished basement provides additional living space and a separate workshop. The expansive, extra-deep backyard provides a wonderful setting for summer entertaining and outdoor enjoyment. Enjoy exceptional everyday convenience with Costco and Walmart just a short walk away. Easy access to Highways 401, 427 and 400 makes commuting a breeze, with Toronto Pearson Airport approximately 10 minutes away. Pine Point Park, tennis club, banquet hall and outdoor pool are located just off the street, while the Humber River Trail is just minutes away. Whether you're looking to renovate, invest or create your forever home, this is a rare opportunity to bring your vision to life on a larger-than-average lot in a well-connected Etobicoke neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,514.41/mo
Includes CMHC insurance ($19,112)
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 Elms-Old Rexdale
Elms-Old Rexdale 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 Elms-Old Rexdale
- •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
Elms-Old Rexdale 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.
68 Allenby Avenue, 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
Fair Market Value
At $979/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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 Elms-Old Rexdale
I know Elms-Old Rexdale 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.