22 Applewood Lane Unit 33, Toronto W08

Price: $897,000

4 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13303270

Gorgeous Rarely Offered Large 4 Bedroom 3 Bath Luxurious Condo Townhome. Features 1590 Sqft Of Living Space, 400 Sqft Basement, Balcony On 2nd Floor & Rooftop Terrance Perfect For Entertaining Or Creating You Own Oasis. Open Concept Living Space With Upgraded Kitchen, Quartz Counter Top & Ss Appliances. Prime Location - Quick Access To Major Hwy's 427/401/Qew. Fantastic Amenities Including Restaurants, Shops, Transit, Schools & Parks. This Unit Won't Last!!!

22 Applewood Lane Unit 33 - Condo photo 1 of 31 in Etobicoke (Islington / Rexdale), Ontario
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New Listing
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$897,000 - 22 Applewood Lane Unit 33, Etobicoke

Condo for Sale in Etobicoke

New — Listed 5 days ago
4Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W13303270
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Gorgeous Rarely Offered Large 4 Bedroom 3 Bath Luxurious Condo Townhome. Features 1590 Sqft Of Living Space, 400 Sqft Basement, Balcony On 2nd Floor & Rooftop Terrance Perfect For Entertaining Or Creating You Own Oasis. Open Concept Living Space With Upgraded Kitchen, Quartz Counter Top & Ss Appliances. Prime Location - Quick Access To Major Hwy's 427/401/Qew. Fantastic Amenities Including Restaurants, Shops, Transit, Schools & Parks. This Unit Won't Last!!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,602.07/mo

Includes CMHC insurance ($25,026)

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5%10%50%

5-yr fixed avg.

Principal: $807,300Interest: $548,296
Mortgage Amount$832,326
Total Interest$548,296
Est. Property Tax$635/mo
Total Cost$1,380,622

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

22 Applewood Lane Unit 33, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,480/mo
Range: $2,958 - $4,002
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,480
Maintenance Fees-$910
Property Tax (est.)-$635
Insurance (est.)-$187
Net Cash Flow+$1,748

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 $641/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Etobicoke. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $3,738 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    22 Applewood Lane Unit 33, Etob… — $897,000 | Battaglia Team