$548,000 - 15 Viking Lane Unit 801, Etobicoke
Condo for Sale in Etobicoke
New — Listed yesterday- MLS Number
- W13426830
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- THE KEY MARKET INC.
Welcome to this bright and beautifully maintained 1-bed + oversized den suite at the prestigious Parc Nuvo by Tridel, ideally located in the heart of City Centre. Offering approximately 671 sq. ft. + balcony with a highly functional open-concept layout, this sun-filled home features southeast exposure with breathtaking unobstructed panoramic views stretching all the way to Lake Ontario. Large windows and 9-foot ceilings flood the space with natural light throughout the day, creating an airy and inviting atmosphere perfect for both relaxing and entertaining. The spacious living and dining area seamlessly connects to a modern kitchen complete with granite countertops, stainless steel appliances, shaker-style cabinetry, backsplash, and a central island with breakfast bar, offering both style & practicality. The XL den is truly versatile and bedroom-sized, making it ideal as a home office, guest room, nursery, or creative studio, with the potential to easily enclose it into a separate room if desired. The generously sized primary bdrm features ample closet space and oversized windows with stunning city and lake views, while the suite also includes ensuite laundry with additional storage space, laminate flooring T/O, one parking space & a private open balcony. Residents of Parc Nuvo enjoy access to an exceptional collection of resort-style amenities, including a 24-hour concierge, fully equipped gym, indoor pool, hot tub, sauna, theatre, party lounge, meeting rooms, outdoor BBQ patio, guest entertainment areas, and beautifully maintained common spaces. Unmatched convenience awaits just steps from Kipling TTC, GO, and MiWay transit, making commuting throughout Toronto and the GTA effortless. Surrounded by everyday essentials including Farm Boy, Shoppers Drug Mart, GoodLife Fitness, cafés, restaurants, shopping along Bloor and Dundas, and with quick access to Hwy 427, 401, and the QEW, this prime location truly delivers urban living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$2,811.52/mo
Includes CMHC insurance ($15,289)
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.
15 Viking Lane Unit 801, 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
Fair Market Value
At $913/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 600 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.
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 $2,283 (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.