$724,800 - 1185 The Queensway N/A Unit 603, Etobicoke
Condo for Sale in Etobicoke
- MLS Number
- W13217858
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RED HOUSE REALTY
From the moment you enter, you'll appreciate the warmth of hardwood flooring that flows seamlessly throughout this 2 Bedroom 2 Bathroom + Den, The largest layout in the building! Integrated with custom cabinetry thoughtfully integrated into the den, kitchen, bedrooms, and walk-in closet. Every space has been carefully designed to maximize both functionality and style. Floor-to-ceiling windows flood the home with natural light while framing breathtaking, unobstructed southeast views of the Toronto skyline. Whether enjoying your morning coffee or evening sunsets, the panoramic cityscape provides a spectacular backdrop year round. The open concept living and dining area is ideal for both entertaining and everyday living, while the kitchen offers abundant storage, custom cabinetry, and refined finishes. The spacious primary retreat features custom closet organizers and a beautifully maintained ensuite. The second bedroom features a custom Murphy bed, offering incredible versatility for guests, a home office, or everyday living. Immaculately maintained and presented in exceptional condition, this is a rare opportunity to own a move in ready residence where every detail has already been thoughtfully completed. Enjoy the rare convenience of being located on the same level as the building's outdoor terrace and BBQ area, perfect for effortless summer entertaining. Residents enjoy Hotel like collection of amenities including an indoor pool, sauna, hot tub, gym, outdoor terrace with BBQs, guest suites, visitor parking, and 24 hour concierge service. Ideally situated within walking distance to Longo's, parks, restaurants, cafes, and public transit, with quick access to the Gardiner Expressway, Highway 427, downtown Toronto, and Pearson Airport. Luxury, convenience, and lifestyle come together in one exceptional offering.
Estimate your monthly payments for this property
Estimated Payment
$3,718.60/mo
Includes CMHC insurance ($20,222)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Etobicoke (Islington / Rexdale)
Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Etobicoke (Islington / Rexdale)
- •Convenient location in Etobicoke (Islington / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1185 The Queensway N/A Unit 603, Etobicoke (Islington / Rexdale)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $805/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.