Home / Listings
All Photos · 68
Islington-City Centre West · M8Z 5G2
$1,500,000
MLS® #W13113140
4
Bedrooms
1
Bathrooms
About This Property
Property can be tenanted on closing to hold with cashflow. Exceptional investment and redevelopment opportunity in the heart of Etobicoke, with potential for land assembly allowing for larger-scale future development. This strategically located property offers strong medium-density redevelopment potential, with preliminary indications supporting up to six storeys (buyer to verify). Over $300,000 has been invested in extensive recent renovations, providing an ideal turnkey asset for investors, end-users, or those seeking interim rental income while pursuing future development plans. The property features high 9-12 ft cathedral ceilings, a modernized kitchen, and three upgraded washrooms, combining functionality with quality finishes. Significant capital improvements include a new sewer line (2024), upgraded 200-amp electrical service, and copper plumbing throughout. The expansive newly paved driveway accommodates 10+ vehicles and is enhanced by a detached garage and secure gated access, offering excellent utility for commercial or mixed-use applications. Positioned in a highly accessible location near Kipling Station, Sherway Gardens, and major GTA highways, this property presents a rare opportunity to acquire a well-maintained asset with immediate usability and substantial long-term redevelopment potential.
General Information
Building & Mechanicals
Parking & Garage
Lot & Land
Taxes
Mortgage Calculator
Estimated monthly payment
$7,369
Down payment: $300,000 · Loan: $1,200,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
Royal Lepage Real Estate Associates
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.