2 Fieldway Road Unit 803, Toronto W08

Price: $845,000

3 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13017104

Rare two-storey loft with dramatic 18-ft ceilings and nearly 1,348 sq ft. Steps to GO, Islington, and Kipling stations, with an approx. 20-minute transit commute to downtown. True loft living of this scale rarely comes available near transit in the Bloor & Islington area. Layouts of this size & style only come to market every few years, making this a truly special offering for loft lovers searching for something distinctive. ***Unlike conventional single level condos, this thoughtfully designed 2storey layout creates a natural separation between living & private spaces. The main level is ideal for entertaining & everyday living, while the upper level offers privacy& retreat. The soaring vertical space fills the home with light& gives the loft an open feel.The kitchen features full size appliances, generous storage,& a functional moveable island. The main floor also includes a spacious 2nd bedroom w/ double closet& unobstructed east views, plus a versatile den that can function as a third bedroom or home office. A four piece bathroom with ensuite laundry completes the level.Upstairs, the primary retreat features a unique L shaped walk in closet with custom storage& a private three piece ensuite. The bedroom overlooks the living space below & enjoys sweeping east facing views including the CN Tower.Convenience continues w/ a locker directly across the hall& one underground parking space. ***Amenities: concierge, gym, rooftop terrace, guest suites, visitor parking, sauna, party & media room, & management.Maintenance fees include heat, water, air conditioning, building insurance,& parking . Hydro averages $60-$80/m.Steps to Islington subway, Bloor Street cafes and restaurants, Kingsway Village, parks, trails,& quick access to the Gardiner+ downtown.***

2 Fieldway Road Unit 803 - Condo photo 1 of 26 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$845,000 - 2 Fieldway Road Unit 803, Etobicoke

Condo for Sale in Etobicoke

New — Listed yesterday
3Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W13017104
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
East
Balcony
Juliette
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Rare two-storey loft with dramatic 18-ft ceilings and nearly 1,348 sq ft. Steps to GO, Islington, and Kipling stations, with an approx. 20-minute transit commute to downtown. True loft living of this scale rarely comes available near transit in the Bloor & Islington area. Layouts of this size & style only come to market every few years, making this a truly special offering for loft lovers searching for something distinctive. ***Unlike conventional single level condos, this thoughtfully designed 2storey layout creates a natural separation between living & private spaces. The main level is ideal for entertaining & everyday living, while the upper level offers privacy& retreat. The soaring vertical space fills the home with light& gives the loft an open feel.The kitchen features full size appliances, generous storage,& a functional moveable island. The main floor also includes a spacious 2nd bedroom w/ double closet& unobstructed east views, plus a versatile den that can function as a third bedroom or home office. A four piece bathroom with ensuite laundry completes the level.Upstairs, the primary retreat features a unique L shaped walk in closet with custom storage& a private three piece ensuite. The bedroom overlooks the living space below & enjoys sweeping east facing views including the CN Tower.Convenience continues w/ a locker directly across the hall& one underground parking space. ***Amenities: concierge, gym, rooftop terrace, guest suites, visitor parking, sauna, party & media room, & management.Maintenance fees include heat, water, air conditioning, building insurance,& parking . Hydro averages $60-$80/m.Steps to Islington subway, Bloor Street cafes and restaurants, Kingsway Village, parks, trails,& quick access to the Gardiner+ downtown.***

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Estimated Payment

$4,335.29/mo

Includes CMHC insurance ($23,576)

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5-yr fixed avg.

Principal: $760,500Interest: $516,511
Mortgage Amount$784,076
Total Interest$516,511
Est. Property Tax$599/mo
Total Cost$1,300,586

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 803, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$599
Insurance (est.)-$176
Net Cash Flow+$1,365

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 $704/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.

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 $3,521 (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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