Listed for:Listed Aug 17, 2026
$1,089,000

586 Browns Line

Etobicoke (Alderwood), ON M8W 3V5

Detached House For Sale
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Sale & Price History for 586 Browns Line, Etobicoke, Alderwood

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 586 Browns Line, Etobicoke, Alderwood

Summarized Description

  • Prime corner lot in high-growth Alderwood neighborhood
  • Fully renovated basement with versatile spaces
  • Spacious front reception area and four rooms
  • Excellent regional connectivity to major highways
  • Potential for custom residential renovation or redevelopment
  • Dedicated parking spaces enhance accessibility
  • Property served as a professional office for 25 years
  • Delivered vacant upon possession for immediate use

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,193
Land Transfer Tax Fee
$36,510

Basement Type
Finished with Walk-Out, Full

Interior Features

Interior Extras
Accessory Apartment, Other, Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick, Concrete
Roof
Shingles
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
56.48 ft
Lot Depth
125.17 ft
Lot Shape
Irregular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
7
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Washrooms

  • 3-piece

Municipality
Etobicoke
Neighbourhood
Alderwood
Main cross streets
Browns Line / Evans Ave
Directions
Browns Line / Evans Ave

MLS® number
W13682366
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-17
Updated on
2026-09-02
Days on market
66 days
Possession type
Flexible
Co-op commission
2.5% +HST
Seller
Listed by
RE/MAX PROFESSIONALS INC.

Home Market Value

Current home valuation for 586 Browns Line, Etobicoke, Alderwood, Etobicoke, ON. Listed for $1,089,000

HOMEH Estimate

?

$1,073,175

Estimated Sales Range

?

$643,905 - $1,502,445

HOMEH Estimate for 586 Browns Line, Etobicoke, Alderwood

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,073,175Low confidence
Based on 15 comparable properties
+ $15,825 (1%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Etobicoke, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $589,000 over $500K

Minimum down payment

$83,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,162$30,383$25,918$0
=Total mortgage
$1,044,220$1,010,483$951,568$871,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,098monthly$4,934monthly$4,646monthly$4,254monthly
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Land Transfer Tax

Provincial

$18,255

Municipal (Toronto)

$18,255

Total Land Transfer Tax

$36,510

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