$1,023,000Asking Price
505 Silverstone Drive, Toronto W10, ON M9V 4G8
Smithfield, Toronto
Welcome to this beautifully maintained detached home in the heart of Etobicoke, featuring a newly renovated kitchen with brand-new cabinetry, elegant quartz countertops, and a stylish quartz backsplash. Recent upgrades include new vinyl flooring throughout the living room, dining room, and bedrooms, a brand-new dishwasher, fresh paint throughout, and modern pot lights in the living and dining areas. Ideally located just steps from the LRT, this home offers exceptional convenience for commuters and families while being situated in a quiet, established neighborhood. Enjoy easy access to parks, schools, shopping, restaurants, and all essential amenities. A separate entrance to the basement adds tremendous value and flexibility, offering excellent income potential. The basement can generate approximately $2,500-$3,000 per month in rental income, making this property an attractive opportunity for both investors and homeowners looking to help offset mortgage costs. Combining modern upgrades, a prime location, and strong income potential, this is a fantastic opportunity to own a versatile property in one of Etobicoke's most convenient and desirable opportunity to own a versatile property in one of Etobicoke's most convenient and desirable
Welcome to this beautifully maintained detached home in the heart of Etobicoke, featuring a newly renovated kitchen with brand-new cabinetry, elegant quartz countertops, and a stylish quartz backsplash. Recent upgrades include new vinyl flooring throughout the living room, dining room, and bedrooms, a brand-new dishwasher, fresh paint throughout, and modern pot lights in the living and dining areas. Ideally located just steps from the LRT, this home offers exceptional convenience for commuters and families while being situated in a quiet, established neighborhood. Enjoy easy access to parks, schools, shopping, restaurants, and all essential amenities. A separate entrance to the basement adds tremendous value and flexibility, offering excellent income potential. The basement can generate approximately $2,500-$3,000 per month in rental income, making this property an attractive opportunity for both investors and homeowners looking to help offset mortgage costs. Combining modern upgrades, a prime location, and strong income potential, this is a fantastic opportunity to own a versatile property in one of Etobicoke's most convenient and desirable opportunity to own a versatile property in one of Etobicoke's most convenient and desirable
See MoreKey Info
- Bungalow Detached
- 4-Car Driveway
- No Garage
- Finch Ave And Martin Grove Rd
- 700-1100 Approximate Sq Feet
- Finished Basement
- 2 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 45.06 x 85.26 Feet
- Brick Exterior
- Taxes were $3,265 in 2025
- Possession: 30-60 Days
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #W13485754
- HOMELIFE/MIRACLE REALTY LTD
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 3-Piece Bathroom on Main Floor | |||
| 2 3-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Smithfield, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants, particularly those from Iraq and India, and Punjabi and Gujarati speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 45 to 49.
Families
Kids Per Family
1.7
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
48%
of residents
are renters.
48% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
28%
of residents are
university grads.
28% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$86K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Trades | 11% |
| Manufacturing | 9% |
| Business | 7% |
| Government | 5% |
Immigrants
65%
of residents were
born outside of Canada.
65% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
18.1% from India
All-time
Birthplace - Recent
3.0% from India
Recent
Foreign Languages
Foreign Languages
| Punjabi | 9% |
| Gujarati | 7% |
| Arabic | 3% |
| Spanish | 3% |
| Urdu | 3% |
Religions
Religions
| Christian | 51% |
| Hindu | 20% |
| Muslim | 11% |
| Sikh | 10% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
72
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
