225 Sherway Gardens Road Unit 1601, Toronto W08

Price: $464,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13150796

Welcome to this bright and spacious unit at One Sherway Condominiums. Featuring hardwood floors, floor to ceiling windows, ensuite laundry, underground parking, and a locker, this unit offers a functional layout with comfortable everyday living. The spacious den provides excellent flexibility and can easily be used as a home office, nursery, or guest space. Enjoy the west-facing sunset views that bring natural light into the living area and create a warm atmosphere throughout the day. Maintenance fees include water and gas. Located just steps from Sherway Gardens, residents have convenient access to shopping, dining, groceries, and everyday essentials. The building is well connected to major highways including the QEW, 427, and Gardiner Expressway, making commuting into Toronto or around the GTA straightforward. Nearby parks, trails, transit options, and local amenities enhance the convenient location.

225 Sherway Gardens Road Unit 1601 - Condo photo 1 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 2 of 15 in Etobicoke (Islington / Rexdale), Ontario
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225 Sherway Gardens Road Unit 1601 - Condo photo 4 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 5 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 6 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 7 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 8 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 9 of 15 in Etobicoke (Islington / Rexdale), Ontario
225 Sherway Gardens Road Unit 1601 - Condo photo 10 of 15 in Etobicoke (Islington / Rexdale), Ontario
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$464,000 - 225 Sherway Gardens Road Unit 1601, Etobicoke

Condo for Sale in Etobicoke

New — Listed 4 days ago
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13150796
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Welcome to this bright and spacious unit at One Sherway Condominiums. Featuring hardwood floors, floor to ceiling windows, ensuite laundry, underground parking, and a locker, this unit offers a functional layout with comfortable everyday living. The spacious den provides excellent flexibility and can easily be used as a home office, nursery, or guest space. Enjoy the west-facing sunset views that bring natural light into the living area and create a warm atmosphere throughout the day. Maintenance fees include water and gas. Located just steps from Sherway Gardens, residents have convenient access to shopping, dining, groceries, and everyday essentials. The building is well connected to major highways including the QEW, 427, and Gardiner Expressway, making commuting into Toronto or around the GTA straightforward. Nearby parks, trails, transit options, and local amenities enhance the convenient location.

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Estimate your monthly payments for this property

Estimated Payment

$2,380.56/mo

Includes CMHC insurance ($12,946)

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5-yr fixed avg.

Principal: $417,600Interest: $283,623
Mortgage Amount$430,546
Total Interest$283,623
Est. Property Tax$329/mo
Total Cost$714,168

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.

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Walk Score
Varies
Price Range

225 Sherway Gardens Road Unit 1601, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$329
Insurance (est.)-$97
Net Cash Flow+$1,384

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 $773/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 600 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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