234 Albion Road Unit 1203, Toronto W10

Price: $389,900

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12919150

Spacious and well-appointed 3-bedroom, 2-bathroom suite offering approximately 1,136 sq ft in a highly convenient, commuter-friendly location. Situated in the desirable Elms-Old Rexdale community, this unit provides exceptional value with maintenance fees that include all utilities. Enjoy a functional layout ideal for families or downsizers alike, with generous living space and comfortable bedrooms. Residents have access to an excellent range of amenities including a concierge, outdoor pool, fitness centre, sauna, party/meeting room, and playground. Perfectly located just steps to TTC transit and minutes to Highways 401, 427, 409, and 400, as well as Pearson Airport and Humber College. Surrounded by everyday essentials including Albion Mall, schools, parks, golf courses, Humber River trails, recreation centres, and places of worship. A fantastic opportunity to own in a central location that offers convenience, lifestyle, and outstanding overall value. SEE ADDITIONAL REMARKS TO DATA FORM. Some photos are virtually staged.

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$389,900 - 234 Albion Road Unit 1203, Etobicoke

Condo for Sale in Etobicoke

84 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12919150
Property Type
Condo
Status
active
Days on Site
84
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX CROSSROADS REALTY INC.
Description

Spacious and well-appointed 3-bedroom, 2-bathroom suite offering approximately 1,136 sq ft in a highly convenient, commuter-friendly location. Situated in the desirable Elms-Old Rexdale community, this unit provides exceptional value with maintenance fees that include all utilities. Enjoy a functional layout ideal for families or downsizers alike, with generous living space and comfortable bedrooms. Residents have access to an excellent range of amenities including a concierge, outdoor pool, fitness centre, sauna, party/meeting room, and playground. Perfectly located just steps to TTC transit and minutes to Highways 401, 427, 409, and 400, as well as Pearson Airport and Humber College. Surrounded by everyday essentials including Albion Mall, schools, parks, golf courses, Humber River trails, recreation centres, and places of worship. A fantastic opportunity to own in a central location that offers convenience, lifestyle, and outstanding overall value. SEE ADDITIONAL REMARKS TO DATA FORM. Some photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,000.39/mo

Includes CMHC insurance ($10,878)

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5-yr fixed avg.

Principal: $350,910Interest: $238,329
Mortgage Amount$361,788
Total Interest$238,329
Est. Property Tax$276/mo
Total Cost$600,117

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 (West Mall / Rexdale)

Discover Etobicoke (West Mall / Rexdale)

Etobicoke (West Mall / 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 (West Mall / Rexdale)

  • Convenient location in Etobicoke (West Mall / 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 (West Mall / 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

234 Albion Road Unit 1203, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,753

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 $390/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.

Negotiation Opportunity

At 84 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    234 Albion Road Unit 1203 | $389,900 | Battaglia Team