23 Government Road, Toronto W08, ON

$2,199,000
MLS#:W9038804
3 beds
1 baths
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Kingsway South. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Premium 65.64 x 147.89 ft lot size
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["wall unit(s)"] central cooling and highly efficient radiant heating via oil

Attention Developers, Builders & Buyers looking to design & build Dream Home in prime Kingsway pocket by Humber River. One of the largest remaining Parcels of Land (approx 65 ft Frontage & 135 ft Depth) available in this pocket. Has potential to sever into 2 Lots or your Build Dream Home. Over last 5-7 yrs many 50 Foot Lots have been severed into Two 25 Foot Lots with new multi-million $ homes built. Existing solid brick 2-Storey, 3-Bedrm Home is dated but well maintained. Ideally located close to Royal York Subway, Kingsway Shops, Humber River, Walking & Bike Trails. Steps from highly rated Lambton Kingsway & Our Lady of Sorrows & Etobicoke Collegiate & Bishop Allen HS. 23 Government Rd is NOT a DESIGNATED HERITAGE Property but is on the HERITAGE LIST. A new Provincial Act, Bill C23, essentially states, if a property has been on the Heritage List for several yrs without being DESIGNATED there's a 'beneficial Property Owner time limit' that allows a higher probability for removal from "HERITAGE LIST". Allowing the Owner to demolish or sever lot to build providing normal city building by-laws are met. Consult Bill C23 for complete detail.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 4, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size65.64 × 147.89 Feet
CountyToronto
Annual Tax$8,111.38
Legal DescriptionPT LT 7, PL 531, AS IN EB188458; ETOBICOKE, CITY OF TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces5
Garage TypeDetached

Heating & Cooling

Heat SourceOil
Heat TypeRadiant
Cooling["Wall Unit(s)"]

Features

Property Features

Golf, Greenbelt/Conservation, Public Transit, Ravine, River/Stream, School

Community Features

Location

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23 Government Road, Toronto W08, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 23 Government Road, Toronto W08, ON M8X 1V8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,759,200
Monthly Mortgage$10,222
Property Tax (Est.)$676
Utilities & Maint.$350
Total Monthly Cost$11,248

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W08.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kingsway South, Toronto W08.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$2,351,583

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Lambton Kingsway
PublicDundas Street West, Etobicoke, Toronto, Ontario, M8X 0B3
9.3
Our Lady of Sorrows
Public3053 Bloor Street West, Etobicoke, Toronto, Ontario, M8X 1C4
8.9
Warren Park
Public135 Varsity Road, York, Toronto, Ontario, M6S 4P4
7.4
Humbercrest
Public14 St Mark's Road, York, Toronto, Ontario, M6S 2H7
7.7
St James
Public230 Humbercrest Boulevard, York, Toronto, Ontario, M6S 4L3
7.9

Secondary Schools

Runnymede
Public569 Jane Street, York, Toronto, Ontario, M6S 4A3
4.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.