3 Rowntree Road Unit 510, Toronto W10

Price: $582,900

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W12701942

BEST VALUE AT ROWNTREE! MOTIVATED SELLER!! 2 Bedroom, 2 Full Bathroom Unit-Well Maintained And Newly Renovated Features A Brand-New Modern Kitchen With Extended Countertop, Freshly Painted, New Countertops, New Appliances, And New Ceiling In Dining And Family Room. Freshly Painted With New Faucets In Washrooms. Spacious, Functional Layout With Plenty Of Natural Sunlight And Stunning West Views. Building Offers Excellent Amenities Including Pool, Exercise Room, 24Hr Gate Security, Tennis Courts, And More. 3 Rowntree Is Known For Its Exceptional Management-Better Maintained Than Neighboring Buildings-And Offers All Utilities Included, A Rare Find! En-Suite Laundry, Indoor Spacious Parking, And Ample Visitor Parking. Lower Maintenance Fees Than #1 And #5 Neighbors. Perfect For First-Time Buyers, Retiring Residents, Or Young Families!

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$582,900 - 3 Rowntree Road Unit 510, Etobicoke

Condo for Sale in Etobicoke

141 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
W12701942
Property Type
Condo
Status
active
Days on Site
141
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Locker
Ensuite
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.
Description

BEST VALUE AT ROWNTREE! MOTIVATED SELLER!! 2 Bedroom, 2 Full Bathroom Unit-Well Maintained And Newly Renovated Features A Brand-New Modern Kitchen With Extended Countertop, Freshly Painted, New Countertops, New Appliances, And New Ceiling In Dining And Family Room. Freshly Painted With New Faucets In Washrooms. Spacious, Functional Layout With Plenty Of Natural Sunlight And Stunning West Views. Building Offers Excellent Amenities Including Pool, Exercise Room, 24Hr Gate Security, Tennis Courts, And More. 3 Rowntree Is Known For Its Exceptional Management-Better Maintained Than Neighboring Buildings-And Offers All Utilities Included, A Rare Find! En-Suite Laundry, Indoor Spacious Parking, And Ample Visitor Parking. Lower Maintenance Fees Than #1 And #5 Neighbors. Perfect For First-Time Buyers, Retiring Residents, Or Young Families!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,990.58/mo

Includes CMHC insurance ($16,263)

$
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5%10%50%

5-yr fixed avg.

Principal: $524,610Interest: $356,301
Mortgage Amount$540,873
Total Interest$356,301
Est. Property Tax$413/mo
Total Cost$897,174

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

3 Rowntree Road Unit 510, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$413
Insurance (est.)-$121
Net Cash Flow+$1,206

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 $486/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.

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 $2,429 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    3 Rowntree Road Unit 510 | $582,900 | Battaglia Team