$349,000 - 1195 The Queensway N/A Unit 406, Etobicoke
Condo for Sale in Etobicoke
112 days on market- MLS Number
- W12825298
- Property Type
- Condo
- Status
- active
- Days on Site
- 112
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
Welcome to urban living at its finest! This stylish 1+1 bedroom condo offers contemporary design and convenience in the heart of Etobicoke. Perfect for young professionals, couples, or small families, this unit boasts comfort, functionality, and an unbeatable location. This is the most functional layout The Tailor has to offer for a 1+1 bedroom suite with a separate private den which can be utilized as a home office, guest room, or cozy relaxation area, offering flexibility to suit your lifestyle. The large windows flood the unit with natural light and the 9' ceilings creates a airy ambiance throughout. Exceptional location with a bus stop right in front of the building, close to all amenities nearby (Ikea, Sherway Gardens mall, Costco) and easy access to Gardiner Expressway & 427 for a short drive to downtown. For family with kids and pets, you are steps away from the Senator Marian Maloney Park and the Zorra park (Dog park) to spend the sunny days outside with your loved ones. This building offers Executive Concierge, Fitness Area, Library/Study, BBQ, Lobby Lounge, Rooftop Lounge, Dining Area, Event Space with kitchen, Outdoor Terrace. Take advantage of the affordable maintenance and utilities with this functional sized unit!
Estimate your monthly payments for this property
Estimated Payment
$1,790.55/mo
Includes CMHC insurance ($9,737)
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.
1195 The Queensway N/A Unit 406, 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 $698/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.
Negotiation Opportunity
At 112 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 500 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.