89 Valecrest Drive, Toronto W08

Price: $3,988,800

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13772156

A rare opportunity on one of Edenbridge-Humber Valley's most prestigious streets. 89 Valecrest Drive occupies an exceptional ravine lot surrounded by natural beauty, privacy and mature greenery. With virtually no undeveloped ravine lots remaining on Valecrest, this is one of the street's last few opportunities to create a truly remarkable custom residence. Build your dream home, renovate and transform the existing residence, or move in comfortably now and complete your plans over time. Whether envisioned as a sophisticated renovation or an architectural new build, this property offers extraordinary potential in an established luxury neighbourhood. An increasingly scarce ravine setting, a coveted address and endless possibilities-opportunities like this are rarely available on Valecrest Drive.

89 Valecrest Drive - Detached photo 1 of 33 in Etobicoke (Islington / Rexdale), Ontario
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$3,988,800 - 89 Valecrest Drive, Etobicoke

Detached for Sale in Etobicoke

Popular Listing

Neighbourhood: Edenbridge-Humber Valley

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13772156
Property Type
Detached
Status
active
Days on Site
10
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

A rare opportunity on one of Edenbridge-Humber Valley's most prestigious streets. 89 Valecrest Drive occupies an exceptional ravine lot surrounded by natural beauty, privacy and mature greenery. With virtually no undeveloped ravine lots remaining on Valecrest, this is one of the street's last few opportunities to create a truly remarkable custom residence. Build your dream home, renovate and transform the existing residence, or move in comfortably now and complete your plans over time. Whether envisioned as a sophisticated renovation or an architectural new build, this property offers extraordinary potential in an established luxury neighbourhood. An increasingly scarce ravine setting, a coveted address and endless possibilities-opportunities like this are rarely available on Valecrest Drive.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,643.81/mo

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5-yr fixed avg.

Principal: $3,191,040Interest: $2,102,102
Mortgage Amount$3,191,040
Total Interest$2,102,102
Est. Property Tax$2,825/mo
Total Cost$5,293,142

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.

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Neighbourhood Guide: Edenbridge-Humber Valley

Discover Edenbridge-Humber Valley

Edenbridge-Humber Valley 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 Edenbridge-Humber Valley

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Edenbridge-Humber Valley 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.

70
Walk Score
Varies
Price Range

89 Valecrest Drive, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$2,825
Insurance (est.)-$831
Net Cash Flow+$694

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1596/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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 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 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 Edenbridge-Humber Valley

I know Edenbridge-Humber Valley 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 $16,620 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    89 Valecrest Drive | $3,988,800 | Battaglia Team