2 Fieldway Road Unit 601, Toronto W08

Price: $509,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13154384

Rare opportunity to own a highly coveted, custom-designed corner unit at the iconic Network Lofts! This bright and spacious 1-bedroom plus den masterpiece features a unique, seller-customized floor plan that maximizes every inch of its 700 sq ft layout. Dramatic 10.5-ft concrete ceilings and wrap-around windows flood the open-concept living space with natural light. The entire suite has been freshly painted from top to bottom (walls, trims, doors and floors) and shines with brand-new designer light fixtures. The modern kitchen boasts a brand-new stainless-steel dishwasher and microwave rangehood. Enjoy the incredible everyday convenience of an owned storage locker located on the exact same level as your suite. Includes 1 owned parking space. Unbeatable West Toronto location: steps to Islington Subway Station, TTC, dining, and shops. Quick, effortless access to Hwy 427, 401, Gardiner, and Pearson Airport. Turn-key loft living at its absolute finest!

2 Fieldway Road Unit 601 - Condo photo 1 of 34 in Etobicoke (Islington / Rexdale), Ontario
2 Fieldway Road Unit 601 - Condo photo 2 of 34 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$509,900 - 2 Fieldway Road Unit 601, Etobicoke

Condo for Sale in Etobicoke

New — Listed 5 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13154384
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
North East
Balcony
Juliette
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Rare opportunity to own a highly coveted, custom-designed corner unit at the iconic Network Lofts! This bright and spacious 1-bedroom plus den masterpiece features a unique, seller-customized floor plan that maximizes every inch of its 700 sq ft layout. Dramatic 10.5-ft concrete ceilings and wrap-around windows flood the open-concept living space with natural light. The entire suite has been freshly painted from top to bottom (walls, trims, doors and floors) and shines with brand-new designer light fixtures. The modern kitchen boasts a brand-new stainless-steel dishwasher and microwave rangehood. Enjoy the incredible everyday convenience of an owned storage locker located on the exact same level as your suite. Includes 1 owned parking space. Unbeatable West Toronto location: steps to Islington Subway Station, TTC, dining, and shops. Quick, effortless access to Hwy 427, 401, Gardiner, and Pearson Airport. Turn-key loft living at its absolute finest!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,616.05/mo

Includes CMHC insurance ($14,226)

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5-yr fixed avg.

Principal: $458,910Interest: $311,679
Mortgage Amount$473,136
Total Interest$311,679
Est. Property Tax$361/mo
Total Cost$784,815

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 601, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$361
Insurance (est.)-$106
Net Cash Flow+$1,278

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 $728/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.

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 700 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 $2,125 (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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