$1,198,000 - 7 Pettit Drive, Etobicoke
Detached for Sale in Etobicoke
82 days on market- MLS Number
- W13007172
- Property Type
- Detached
- Status
- active
- Days on Site
- 82
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Etobicoke (Kingsview Village / Humber Heights)
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to this approx. 1300 square feet on each level "RICHMOND GARDENS BUNGALOW". A well-maintained family home on a family-friendly street featuring a covered front entry and a bright, spacious interior. The large pie shaped lot with a width of 50' in the front and spanning out to 65' in the backyard offers ample room for landscaping and area for outdoor hosting. The large living and dining room combination is filled with natural light from oversized picture windows and blonde shade hardwood floors, creating an inviting space for everyday living and entertaining. The eat-in kitchen offers plenty of room for casual meals. The main floor includes three generously sized bedrooms, all with large closets, and hardwood floors and a full 4-piece bathroom which features a whirlpool tub. The finished basement adds excellent living space with a large recreation area, two rooms that can double as bedrooms, one with above-grade window, a 3-piece bathroom, and ample storage including a dedicated storage room and convenient under-the-stairs storage. In-law capability with separate side entrance. Additional highlights include an oversized attached tandem garage (13'2" X 30') that can accommodate 2 small cars with loft storage, large workshop space and a rear access door to the backyard. The large, fully fenced yard is ideal for families and gardeners alike. Ideally located close to day-cares and schools (Richview Collegiate Institute, Westway Junior School, Dixon Grove Junior Middle School, Father Serra Catholic School) as well as churches, and nearby retail amenities. This home offers space, comfort, and a charming and convenient neighbourhood setting. Recent updates; Roof Shingles Aug 2021, Furnace and central air 2020, Eavestrough Covers added July 2022.
Estimate your monthly payments for this property
Estimated Payment
$5,299.16/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 Etobicoke (Kingsview Village / Humber Heights)
Etobicoke (Kingsview Village / 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 Etobicoke (Kingsview Village / 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
Etobicoke (Kingsview Village / 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.
7 Pettit 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 $1089/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.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $4,992 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.