1300 Islington Avenue Unit 303, Toronto W08

Price: $622,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13157778

Welcome to this beautifully maintained 3rd-floor suite in the Barclay Terrace community. Offering 2 bedrooms + den and 1.5 bathrooms across approximately 1,340 sq. ft., this bright and spacious home enjoys a sunny east-facing exposure. Resort-style living with incredible amenities including an indoor pool, tennis courts, fitness facilities, and 24-hour concierge. Ideally located just steps to Islington Subway Station, Bloor Street and Islington Village shops and restaurants, Thomas Riley Park, Mimico Creek, and Montgomery's Inn - this is convenience at its best. Maintenance fees include all utilities, and the suite also offers one underground parking space, in-suite laundry and an in-suite walk-in storage closet. Experience comfort, convenience, and a superb lifestyle at Barclay Terrace.

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$622,000 - 1300 Islington Avenue Unit 303, Etobicoke

Condo for Sale in Etobicoke

2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13157778
Property Type
Condo
Status
active
Days on Site
18
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Ensuite
Exposure
North East
Balcony
None
Listing Brokerage
BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Description

Welcome to this beautifully maintained 3rd-floor suite in the Barclay Terrace community. Offering 2 bedrooms + den and 1.5 bathrooms across approximately 1,340 sq. ft., this bright and spacious home enjoys a sunny east-facing exposure. Resort-style living with incredible amenities including an indoor pool, tennis courts, fitness facilities, and 24-hour concierge. Ideally located just steps to Islington Subway Station, Bloor Street and Islington Village shops and restaurants, Thomas Riley Park, Mimico Creek, and Montgomery's Inn - this is convenience at its best. Maintenance fees include all utilities, and the suite also offers one underground parking space, in-suite laundry and an in-suite walk-in storage closet. Experience comfort, convenience, and a superb lifestyle at Barclay Terrace.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,191.18/mo

Includes CMHC insurance ($17,354)

$
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5%10%50%

5-yr fixed avg.

Principal: $559,800Interest: $380,201
Mortgage Amount$577,154
Total Interest$380,201
Est. Property Tax$441/mo
Total Cost$957,355

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.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

1300 Islington Avenue Unit 303, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$441
Insurance (est.)-$130
Net Cash Flow+$1,169

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $518/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 18 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.

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 $2,592 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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.

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    1300 Islington Avenue Unit 303… — $622,000 | Battaglia Team