Sold for:Sold Feb 20, 2025
$1,300,000

618 Brown's Line

Etobicoke (Alderwood), ON M8W 3V5

Other SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 618 Brown's Line, Etobicoke, Alderwood

2025-07-14
2025-12-31
Expired
Price
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2025-02-14
2025-02-20
Sold
Price
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MLS#
w11973455

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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 618 Brown's Line, Etobicoke, Alderwood

Welcome to 618 Browns Line, a versatile investment opportunity in Toronto's vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you're an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you're looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don't miss this unique opportunity to own a mixed-use property in a sought-after Toronto location!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,410
Land Transfer Tax Fee
$44,950

Rental Items

Under Contract
Hot Water Heater

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Other
Building Style
Bungalow

Construction

Exterior Finish
Concrete, Other
Roof
Asphalt Shingle
Foundation Details
Unknown

Lot

Lot Front
52.00 ft
Lot Depth
140.00 ft

Parking & Garages

Garage Type
Other
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
7

Bedrooms
3
Washrooms
3
Kitchens
2

Washrooms

  • 2-piece
  • 4-piece
  • 3-piece

Municipality
Etobicoke
Neighbourhood
Alderwood
Main cross streets
Brown's Line & Evans Ave

MLS® number
W11973455
Data source
Toronto Regional Real Estate Board
Status change
2025-02-20
Listed on
2025-02-14
Days on market
6 days
Possession type
To Be Arranged
Co-op commission
2.5%
Seller
Listed by
RE/MAX HALLMARK REALTY LTD.

Home Market Value

Current home valuation for 618 Brown's Line, Etobicoke, Alderwood, Etobicoke, ON. Listed for $1,300,000

HOMEH Estimate

?

$1,177,837

Estimated Sales Range

?

$883,377 - $1,472,297

HOMEH Estimate for 618 Brown's Line, Etobicoke, Alderwood

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

$1,177,837Low confidence
Based on 10 comparable properties

Estimate based on similar-style homes nearby

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:8.1%

5% on first $500K + 10% on $800,000 over $500K

Minimum down payment

$105,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,788$36,270$30,940$0
=Total mortgage
$1,242,488$1,206,270$1,135,940$1,040,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,066monthly$5,890monthly$5,546monthly$5,078monthly
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Land Transfer Tax

Provincial

$22,475

Municipal (Toronto)

$22,475

Total Land Transfer Tax

$44,950

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