$495,000 - 20 Thomas Riley Road Unit 306, Etobicoke
Condo for Sale in Etobicoke
New — Listed yesterday- MLS Number
- W13248072
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Rarely offered and one of the largest 1 bedroom + den layouts in The Kip District! Offering nearly 700 sq ft plus a balcony, this bright and spacious suite is located on the 3rd floor, perfect for anyone who doesn't want long elevator rides or endless stairs.The layout feels open and airy with rare 9.5 ft ceilings and large windows bringing in beautiful natural light throughout the day. The balcony overlooks peaceful treetop views with a glimpse of the city skyline, giving it a calm feel that's hard to find in condo living.The kitchen offers plenty of counter space, storage, a nice size island, a new fridge, and custom built cupboards handcrafted by a professional carpenter, adding both character and thoughtful functionality to the space. The den is a versatile space that works perfectly as a home office, reading nook, or extra room for overnight guests. The living room also features a custom wood feature wall that adds warmth and character throughout and gives the whole condo a really inviting vibe.What truly makes this building special is the sense of community. The concierge is genuinely friendly, management is helpful, and there's a warm "everybody knows your name" kind of feeling here. People look out for one another. It feels like home, not just another condo where you're a stranger passing through - a rare feeling in condo living and one that's hard to find.Includes 1 parking spot conveniently located on P2 with no long ramp drives, and 1 locker. Enjoy 24-hour concierge/security, rooftop party room, BBQs, gym, billiards room, theatre, EV charging stations, dog washing station, bike storage, and tons of visitor parking.Just a short 10-minute walk to Kipling Subway and GO Station with quick access to the Gardiner, 427, airport, and Sherway Gardens. The area continues to grow and develop, making this an incredible opportunity to get into one of Etobicoke's most connected communities.
Estimate your monthly payments for this property
Estimated Payment
$2,539.61/mo
Includes CMHC insurance ($13,811)
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.
20 Thomas Riley Road Unit 306, 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 $707/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.
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.