Gurvinder Nokwal REALTOR®
For Sale Detached 62 days on market

$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
Map

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

Minimum for this price: $83,900 (7.7%)

Amortization, years

Estimated mortgage payment

$4,822 per month

Principal and interest
$4,822
Property tax
$349
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
Total, before legal fees
$254,310
Talk to me about financing

Estimates 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

586 Browns Line, Toronto, ON M8W 3V5 Alderwood, Etobicoke, ON M8W 3V5
Open in Google Maps

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,089,000 586 Browns Line, Toronto, ON M8W 3V5
Request a showing