2 Fieldway Road Unit 1016, Toronto W08

Price: $499,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13211804

In a city full of average condos, choose a building that is truly one of a kind. Welcome to Network Lofts, one of Etobicoke's most iconic authentic loft conversions, where industrial character meets modern urban living in all the right ways. Perfectly positioned within a vibrant, walkable neighbourhood, this exceptional residence offers the rare balance of peaceful residential charm and effortless city convenience. Enjoy tree-lined streets at your doorstep while being just moments from the boutiques, cafés, and restaurants of The Kingsway, as well as easy access to Islington Station for seamless commuting across the city. Inside, this stunning loft showcases all the authentic industrial details buyers dream about: soaring 10.5-foot ceilings, dramatic floor-to-ceiling windows, polished concrete floors, and exposed ductwork that create an unmistakably chic urban aesthetic. Don't miss out on that lovely breeze with your Juliette balcony and north west views. The thoughtfully designed kitchen features granite countertops and stainless steel appliances, while the unit also includes the convenience of parking and a locker. Even better, this highly sought-after building is genuinely dog-friendly with no weight restrictions - a rare find in the city. Residents enjoy an impressive collection of amenities including a rooftop terrace with BBQs, 24-hour concierge, whirlpool spa, fitness centre, steamroom, guest suite, and party room, delivering the perfect blend of lifestyle, comfort, and community. This is not just a condo - it's a loft with heart and soul.

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$499,900 - 2 Fieldway Road Unit 1016, Etobicoke

Condo for Sale in Etobicoke

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13211804
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
North West
Balcony
Juliette
Listing Brokerage
ROYAL LEPAGE REALTY PLUS
Description

In a city full of average condos, choose a building that is truly one of a kind. Welcome to Network Lofts, one of Etobicoke's most iconic authentic loft conversions, where industrial character meets modern urban living in all the right ways. Perfectly positioned within a vibrant, walkable neighbourhood, this exceptional residence offers the rare balance of peaceful residential charm and effortless city convenience. Enjoy tree-lined streets at your doorstep while being just moments from the boutiques, cafés, and restaurants of The Kingsway, as well as easy access to Islington Station for seamless commuting across the city. Inside, this stunning loft showcases all the authentic industrial details buyers dream about: soaring 10.5-foot ceilings, dramatic floor-to-ceiling windows, polished concrete floors, and exposed ductwork that create an unmistakably chic urban aesthetic. Don't miss out on that lovely breeze with your Juliette balcony and north west views. The thoughtfully designed kitchen features granite countertops and stainless steel appliances, while the unit also includes the convenience of parking and a locker. Even better, this highly sought-after building is genuinely dog-friendly with no weight restrictions - a rare find in the city. Residents enjoy an impressive collection of amenities including a rooftop terrace with BBQs, 24-hour concierge, whirlpool spa, fitness centre, steamroom, guest suite, and party room, delivering the perfect blend of lifestyle, comfort, and community. This is not just a condo - it's a loft with heart and soul.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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

2 Fieldway Road Unit 1016, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,017

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

Fair Market Value

At $1000/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.

Market Position

At 21 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 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.

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    2 Fieldway Road Unit 1016 | $499,900 | Battaglia Team