215 Sherway Gardens Road Unit 2005, Toronto W08

Price: $499,990

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: W13428978

Welcome to 215 Sherway Gardens Unit 2005, this Bright & Spacious Bachelor/Bachelorette Unit features an open concept and functional floor plan with a modern eat in kitchen, s/s appliances, en-suite laundry room, Appx 595 Sq Ft, 1 parking, 1 locker, Spacious 1 Bedroom, 1 Bath, laminate floors throughout, large open balcony, ideal for investors or first time buyers looking to enter the market in a stunning location. Floor to ceiling windows, very secure condo building with lots of safety features. Condo Amenities: include an indoor pool, hot tub, steam room, gym, party room, visitor parking, & 24-hour concierge. Excellent Etobicoke location, located just steps from Sherway Gardens, with TTC access at your door step, scenic trails for jogging or walking, and major highways to access Downtown. Maintenance Fees Include: Building Insurance, Parking, Water, Heat, Common Elements - Only Hydro Separate!

215 Sherway Gardens Road Unit 2005 - New Construction photo 1 of 25 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$499,990 - 215 Sherway Gardens Road Unit 2005, Etobicoke

New Construction for Sale in Etobicoke

New — Listed 3 days ago
1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
W13428978
Property Type
New Construction
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Welcome to 215 Sherway Gardens Unit 2005, this Bright & Spacious Bachelor/Bachelorette Unit features an open concept and functional floor plan with a modern eat in kitchen, s/s appliances, en-suite laundry room, Appx 595 Sq Ft, 1 parking, 1 locker, Spacious 1 Bedroom, 1 Bath, laminate floors throughout, large open balcony, ideal for investors or first time buyers looking to enter the market in a stunning location. Floor to ceiling windows, very secure condo building with lots of safety features. Condo Amenities: include an indoor pool, hot tub, steam room, gym, party room, visitor parking, & 24-hour concierge. Excellent Etobicoke location, located just steps from Sherway Gardens, with TTC access at your door step, scenic trails for jogging or walking, and major highways to access Downtown. Maintenance Fees Include: Building Insurance, Parking, Water, Heat, Common Elements - Only Hydro Separate!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.21/mo

Includes CMHC insurance ($13,950)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,991Interest: $305,622
Mortgage Amount$463,941
Total Interest$305,622
Est. Property Tax$354/mo
Total Cost$769,562

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

215 Sherway Gardens Road Unit 2005, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,542

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.

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.

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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    215 Sherway Gardens Road Unit 2… — $499,990 | Battaglia Team