$1,249,999 - 88 Rabbit Lane, Etobicoke
Detached for Sale in Etobicoke
39 days on marketNeighbourhood: Eringate-Centennial-West Deane
- MLS Number
- W13570138
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Lot Size
- 8,547 sqft
- Listing Brokerage
- MARTIN GROUP
Perfectly optimized for multi-generational families or those requiring a private, functional in-law setup, this home offers an ideal structural footprint in Etobicoke's established Eringate-Centennial-West Deane neighbourhood. The property stands out with a rare, expansive pie-shaped backyard and independent living zones designed to comfortably accommodate large families. The main floor layout features an open-concept living and dining room highlighted by elegant crown moulding, a warm gas fireplace, and a large picture window. The updated kitchen is complete with stone tile flooring, classic Shaker-style cabinetry, granite countertops, stainless steel appliances, and a convenient pantry cupboard. The kitchen walks out directly to a spacious rear deck and patio area, overlooking a deep, fully fenced backyard equipped with a children's play structure and a massive 9'8" x 9'11" storage shed. Upstairs, the second level features three generous bedrooms with hardwood flooring, including a principal bedroom with a practical two-piece ensuite bath. Tailored for privacy and independent living, a dedicated back entrance provides direct access to the lower levels. The ground-level lower floor contains a bright family room with a walk-out to the rear yard, a 2-piece bathroom, and a flexible bedroom or quiet home office. The finished basement expands the living space further with an additional bedroom, 3-piece bathroom, utility space, and a full laundry room with sink and counter space easily adaptable into a future kitchenette. Important mechanical updates provide long-term peace of mind, including a new roof (2024), central A/C (2022), a reliable furnace (2016), and updated windows (2014). Situated steps from West Deane Park trails, a short walk (400 meters) to Josyf Cardinal Slipyj Catholic School (JK-8 featuring Ukrainian language and cultural programs), and minutes by transit to three high schools, with quick highway access to 401 and 427. Virtually staged photos.
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Estimated Payment
$5,529.17/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 Eringate-Centennial-West Deane
Eringate-Centennial-West Deane 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 Eringate-Centennial-West Deane
- •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
Eringate-Centennial-West Deane 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.
88 Rabbit Lane, 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 $833/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 39 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 Eringate-Centennial-West Deane
I know Eringate-Centennial-West Deane 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.