$799,995 - 1320 Islington Avenue Unit 1005, Etobicoke
Condo for Sale in Etobicoke
72 days on market- MLS Number
- W12962940
- Property Type
- Condo
- Status
- active
- Days on Site
- 72
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to a beautifully reimagined suite in the sought-after Barclay Terrace, where thoughtful design meets everyday comfort. This fully renovated residence offers a unique, open-concept layout that maximizes both space and flow, creating an inviting atmosphere that feels as good as it looks. Expansive north-west facing windows frame peaceful treetop views stretching toward Islington Golf & Country Club, filling the home with natural light while offering exceptional privacy. Smooth ceilings and premium hardwood flooring carry throughout, enhancing the suite's clean, modern aesthetic across approximately 1,060 sqft. At the heart of the home, the kitchen is designed to impress and perform, featuring full-sized appliances, a sleek built-in range hood, quartzite surfaces, and a generous waterfall island with abundant storage. Perfectly positioned between the living and dining areas, it's ideal for both casual living and hosting. The dining area includes a custom built-in with glass cabinetry and integrated lighting, comfortably accommodating both intimate dinners and larger gatherings. In the living room, elegant French doors open to a flexible second bedroom or home office, offering versatility for today's lifestyle. The primary bedroom is a calm retreat with room for a king-sized bed, custom shelving, and a refined 3pc ensuite with a walk-in shower. A second full bathroom features an oak vanity, marble countertop, and tub, blending style with practicality. A standout feature is the dedicated laundry room, thoughtfully designed with a large quartzite counter and excellent storage-bringing ease and organization to daily routine. Residents enjoy exceptional amenities including 24-hour concierge, indoor pool and hot tub, sauna, tennis and pickleball courts, squash, fitness centre, library, billiards room, and beautifully maintained outdoor spaces with BBQs and a courtyard. A true sense of community, making Barclay Terrace a place residents are proud to call home.
Estimate your monthly payments for this property
Estimated Payment
$4,104.39/mo
Includes CMHC insurance ($22,320)
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.
1320 Islington Avenue Unit 1005, 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 $800/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 72 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.
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 $3,333 (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.