$1,089,000
Est. payment $4,822/moCalculate yours
586 Browns Line, Toronto, ON M8W 3V5
Alderwood, Etobicoke, ON M8W 3V5
- 7 Beds
- 3 Baths
- 1,100 Sq Ft
Listing courtesy of RE/MAX PROFESSIONALS INC. MLS® W13682366
About this home
Prime Corner Lot Opportunity in the Heart of Alderwood. Situated at the prominent intersection of Browns Line and Mitcham Drive, this well-maintained bungalow offers a unique footprint in one of Toronto’s high-growth neighborhoods. Having served as a staple of the community for over 25 years as a professional office, this property presents a versatile foundation for its next chapter as a custom residential renovation, a convenient live-work environment, or a potential redevelopment site. Substantial Interior Footprint: The property features approximately 2,100 square feet of total finished space across two functional levels. Main Floor (1,102 Sq Ft): Includes a bright, spacious front reception/living area, four generously sized rooms, a central utility/media room, and a washroom. Lower Level (1,000 Sq Ft): A fully renovated basement featuring a large boardroom/recreation room, an additional private room, a kitchenette, and a 3-piece bathroom. Flexible Utility: The lower level is further enhanced by an expansive, highly versatile area currently utilized for large-scale storage and administrative needs, offering immense potential for various home or hobby configurations. Site & Strategic Location: Exceptional Land Area: A significant 4,198 square foot corner lot providing excellent presence and accessibility. Parking & Access: Includes 4 dedicated surface parking spaces on-site. Regional Connectivity: Unparalleled access to the QEW, Highway 427, and the Gardiner Expressway. Minutes from CF Sherway Gardens, local schools, and a host of essential retail amenities. Property will be delivered vacant upon possession.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Finished with Walk-Out, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Unknown
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 56.48 x 125.17 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $4,193 (2025)
Location
- Neighbourhood
- Alderwood
- Cross Street
- Browns Line / Evans Ave
- Direction Faces
- West
Listing
- MLS® Number
- W13682366
- Days on Market
- 62
- Listed On
- 2026-08-17
- Possession
- TBD
- Listed By
- RE/MAX PROFESSIONALS INC.
Features
Interior
- Accessory Apartment
- Other
- Water Heater
Pool
- None
Mortgage calculator
Estimated mortgage payment
$4,822 per month
- Principal and interest
- $4,822
- Property tax
- $349
- Condo fees
- $0
- Estimated monthly cost
- $5,171
Your mortgage
- Mortgage amount
- $871,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $575,357
Cash to close
- Down payment
- $217,800
- Land transfer tax (Ontario + Toronto)
- $36,510
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $254,310
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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