I walked into that Islington Avenue semi last Tuesday and immediately smelled it — that sweet, musty

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Aamir Yaqoob, RHI

RHI Certified · OAHI Member · InterNACHI · E&O Insured

April 8, 2026 · 5 min read

I walked into that Islington Avenue semi last Tuesday and immediately smelled it — that sweet, musty odor that screams moisture problems. The basement felt wrong before I even flicked on my flashlight, and sure enough, there was a dark stain spreading across the foundation wall like spilled coffee. The homeowner kept saying it was "just a little dampness from the spring rain," but I've been doing this for 15 years and that stain told a completely different story. What I found behind their finished drywall was going to cost someone $18,400 to fix properly.

That's Etobicoke for you these days. With 33 homes currently listed and an average price hitting $1,348,932, buyers are so focused on getting into this market that they're ignoring what I see every single day. These aren't new builds we're talking about — most of these properties date back to the 1950s and 1970s, and they're showing their age in ways that'll empty your renovation budget faster than you can say "firm offer."

I've inspected three homes just this week in the Royal York and Islington corridor, and what I find most concerning is how buyers are waiving inspections on properties that desperately need professional eyes. Twenty days on market might seem quick, but it's not quick enough to skip the fundamentals. You're not just buying a house — you're buying decades of deferred maintenance, questionable DIY repairs, and systems that were installed when disco was still popular.

Take that Renforth Drive bungalow I looked at yesterday. Beautiful curb appeal, freshly painted, staging that belonged in a magazine. The seller had done everything right to make it show well. But the moment I opened that electrical panel, I knew we had problems. Knob and tube wiring running through half the house, mixed with newer circuits that weren't properly grounded. The insurance company would've had a field day with that setup, and the rewiring quote? $14,200 minimum.

In my experience, Etobicoke's older homes hide their problems better than most neighborhoods I work in. These post-war builds were solid when they went up, but seventy years of Lake Ontario winters and hot summers have taken their toll. I see foundation settling in homes along the Humber River corridor that owners don't even realize is happening. Those hairline cracks in your basement wall aren't "character" — they're movement, and movement costs money to fix.

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The furnace situation across this area is what keeps me up at night, honestly. I can't tell you how many times I've found original equipment still running in these homes, held together with duct tape and prayers. Buyers always underestimate this expense because the seller mentions "the heat works great." Great until it doesn't, and then you're looking at $8,900 for a new high-efficiency unit in the middle of January when every HVAC company in the city is backed up three weeks.

What really gets me is the plumbing. These Etobicoke homes were built when cast iron was the standard, and I'm seeing failures everywhere. That slow drain in the powder room isn't a minor inconvenience — it's often the first sign that your main stack is deteriorating from the inside out. I had a client on Prince Edward Drive discover this three months after closing. The full repipe ended up costing $11,600, and that was with a contractor who gave them a deal.

Here's what buyers don't realize about Etobicoke's risk profile, which currently sits at 46 out of 100. That number reflects the reality I see daily — older infrastructure, properties that have changed hands multiple times, renovations done without permits by owners who meant well but didn't know better. I've found electrical work that makes my hair stand on end, bathroom renos where they tiled right over water damage, and basement apartments that were never properly permitted.

The roof situation alone should make every buyer pause. I'm seeing a lot of homes where the original asphalt shingles have been overlayed multiple times instead of properly stripped and replaced. Looks fine from the street, but get me up there with a ladder and you'll often find three layers of shingles, inadequate ventilation, and flashing that's been "repaired" with roofing cement more times than I can count. A proper roof replacement in this market runs $16,800 to $22,000 depending on the size and complexity.

You know what I tell every client before we start? This isn't about being negative — it's about being realistic. At $1,348,932 average, you deserve to know exactly what you're buying. I'd rather spend three hours finding problems you can negotiate or walk away from than get a call six months later about something we missed because we rushed.

The spring market heading into April 2026 isn't slowing down the way some predicted, which means the pressure to make quick decisions isn't going away. But quick doesn't have to mean blind. I've seen too many families stretch to afford these Etobicoke homes only to discover they need another $25,000 in immediate repairs.

That sweet smell I mentioned from the Islington Avenue property? It turned out the previous owner had been running a dehumidifier continuously for two years to mask a foundation leak that was slowly destroying the support beam. The beam replacement and waterproofing fix came to $23,400. The buyer walked away, and honestly, that was the smartest decision they could've made.

I've been protecting Etobicoke buyers for fifteen years, and I'm not about to stop now. If you're serious about buying in this neighborhood, let's talk before you make any offers. Your future self will thank you for taking the time to do this right.

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