234 Albion Road Unit 1401, Toronto W10

Price: $410,000

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12359622

LOCATION, LOCATION, LOCATION - Only 4 minutes from Hwy 401! This bright 2-bedroom condo features an open-concept layout and a large balcony with unobstructed views of the downtown skyline and CN Tower. The primary bedroom offers its own ensuite bathroom and a walk-in closet. Enjoy the convenience of in-suite laundry with added storage shelving.Just steps away is the scenic Pan Am Trail, connecting to the Humber River Trail and offering kilometres of walking and cycling paths. Parks, ponds, and green spaces surround the area, giving you plenty of opportunities to enjoy the outdoors right at your doorstep.Prime Convenience, TTC at the door, quick access to Highways 400, 401, and 427, only 10 minutes to Yorkdale Mall and Humber River Hospital, and 25-35 minutes to downtown Toronto.Building Amenities: Outdoor pool, gym, sauna, and party/meeting room.Perfect for first-time buyers, families, or anyone looking for a home that blends nature-filled surroundings with urban accessibility.

234 Albion Road Unit 1401 - Condo photo 1 of 23 in Etobicoke (West Mall / Rexdale), Ontario
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$410,000 - 234 Albion Road Unit 1401, Etobicoke

Condo for Sale in Etobicoke

141 days on market
2Beds
1Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12359622
Property Type
Condo
Status
active
Days on Site
141
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

LOCATION, LOCATION, LOCATION - Only 4 minutes from Hwy 401! This bright 2-bedroom condo features an open-concept layout and a large balcony with unobstructed views of the downtown skyline and CN Tower. The primary bedroom offers its own ensuite bathroom and a walk-in closet. Enjoy the convenience of in-suite laundry with added storage shelving.Just steps away is the scenic Pan Am Trail, connecting to the Humber River Trail and offering kilometres of walking and cycling paths. Parks, ponds, and green spaces surround the area, giving you plenty of opportunities to enjoy the outdoors right at your doorstep.Prime Convenience, TTC at the door, quick access to Highways 400, 401, and 427, only 10 minutes to Yorkdale Mall and Humber River Hospital, and 25-35 minutes to downtown Toronto.Building Amenities: Outdoor pool, gym, sauna, and party/meeting room.Perfect for first-time buyers, families, or anyone looking for a home that blends nature-filled surroundings with urban accessibility.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,103.51/mo

Includes CMHC insurance ($11,439)

$
$
5%10%50%

5-yr fixed avg.

Principal: $369,000Interest: $250,615
Mortgage Amount$380,439
Total Interest$250,615
Est. Property Tax$290/mo
Total Cost$631,054

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 1401, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$290
Insurance (est.)-$85
Net Cash Flow+$1,335

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 $410/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 141 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.

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 1401 | $410,000 | Battaglia Team