$489,000 - 205 Sherway Gardens Road Unit 206, Etobicoke
Condo for Sale in Etobicoke
42 days on market- MLS Number
- W13100102
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Bright, refined, and exceptionally well-located, this 712 square foot,1-bedroom, 1-bathroom suite offers a seamless blend of comfort and everyday convenience. Positioned just outside the city core, the spacious and classic layout is ideal for both quiet evenings and effortless entertaining. Thoughtfully designed, featuring a spacious bedroom with excellent closet space, expansive windows and rare 9 ft ceilings invite natural light throughout, and enhances the suite's warm and welcoming feel. Perfectly situated for those seeking connectivity without compromise, the Sherway transit hub is just steps away, providing direct access into Toronto, subway stations, the GO train, and Mississauga transit. Nearby parks and scenic paths offer a peaceful escape, while Sherway Gardens Mall is moments from your door, delivering an exceptional mix of shopping, dining, and everyday essentials. Countless medical specialists & Trillium Health Centre are steps away, offering excellent nearby healthcare. Walmart, Costco, IKEA are close by to add to the conveniences. Residents enjoy a fully equipped fitness centre, yoga studio with classes, indoor swimming pool, hot tub, steam room, and dual dry saunas, and a sun deck invites warm summer evenings. Entertain in the party room or theatre room, unwind in the billiards lounge, host guests in the on-site guest suite, or take meetings in the quiet study room. A 24-hour concierge ensures seamless living, with ample visitor parking for added convenience. 205 Sherway Gardens is a well-balanced offering in a highly convenient setting, ideal for those looking to enjoy both urban access and a quieter pace of living.
Estimate your monthly payments for this property
Estimated Payment
$2,508.82/mo
Includes CMHC insurance ($13,643)
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.
205 Sherway Gardens Road Unit 206, 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 $699/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.
Market Position
At 42 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 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.