30 Old Mill Road Unit 301, Toronto W08

Price: $828,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13062714

Welcome to Riverhouse at the Old Mill, where timeless design meets a truly tranquil setting along the Humber River. This beautifully upgraded 1+1 bedroom suite offers a rare combination of refined finishes and thoughtful functionality, all set within one of the west end's most sought-after boutique buildings.The open-concept living space is anchored by custom built-in cabinetry, creating a polished focal point while adding exceptional storage and everyday practicality. Rich and elegant wood flooring carries throughout, complementing the warm, modern kitchen complete with quartz countertops, full-height cabinetry, integrated appliances, and a clean-lined tile backsplash.The living and dining areas are filled with natural southern exposure light and extends seamlessly to a private balcony overlooking the historic Old Mill setting, offering a peaceful view that is unique to this special location. The bedroom is well-proportioned with generous closet space, while the bathroom features excellent storage and sleek finishes. Additional highlights include new in-suite laundry, upgraded lighting, and a functional entry with custom millwork and built in office space. Residents enjoy full-service amenities including 24-hour concierge, indoor pool, hot tub, steam room, fitness facilities, and party room. The parking space has been upgraded with wiring in place for an EV charger, adding a valuable and forward-thinking feature.Ideally located just a short walk to Old Mill Subway Station, steps to the Humber River trails, and approximately 2 km to High Park. Enjoy easy access to the shops and restaurants of Bloor Street West, all while living in a peaceful, established setting.A rare opportunity to enjoy quiet, upscale living surrounded by nature, without compromising on convenience.

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$828,000 - 30 Old Mill Road Unit 301, Etobicoke

Condo for Sale in Etobicoke

49 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13062714
Property Type
Condo
Status
active
Days on Site
49
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Welcome to Riverhouse at the Old Mill, where timeless design meets a truly tranquil setting along the Humber River. This beautifully upgraded 1+1 bedroom suite offers a rare combination of refined finishes and thoughtful functionality, all set within one of the west end's most sought-after boutique buildings.The open-concept living space is anchored by custom built-in cabinetry, creating a polished focal point while adding exceptional storage and everyday practicality. Rich and elegant wood flooring carries throughout, complementing the warm, modern kitchen complete with quartz countertops, full-height cabinetry, integrated appliances, and a clean-lined tile backsplash.The living and dining areas are filled with natural southern exposure light and extends seamlessly to a private balcony overlooking the historic Old Mill setting, offering a peaceful view that is unique to this special location. The bedroom is well-proportioned with generous closet space, while the bathroom features excellent storage and sleek finishes. Additional highlights include new in-suite laundry, upgraded lighting, and a functional entry with custom millwork and built in office space. Residents enjoy full-service amenities including 24-hour concierge, indoor pool, hot tub, steam room, fitness facilities, and party room. The parking space has been upgraded with wiring in place for an EV charger, adding a valuable and forward-thinking feature.Ideally located just a short walk to Old Mill Subway Station, steps to the Humber River trails, and approximately 2 km to High Park. Enjoy easy access to the shops and restaurants of Bloor Street West, all while living in a peaceful, established setting.A rare opportunity to enjoy quiet, upscale living surrounded by nature, without compromising on convenience.

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Estimated Payment

$4,248.07/mo

Includes CMHC insurance ($23,101)

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5-yr fixed avg.

Principal: $745,200Interest: $506,120
Mortgage Amount$768,301
Total Interest$506,120
Est. Property Tax$587/mo
Total Cost$1,274,421

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

30 Old Mill Road Unit 301, 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)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$587
Insurance (est.)-$173
Net Cash Flow+$1,050

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

Premium Pricing

At $1380/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 49 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.

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.

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 $3,450 (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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    30 Old Mill Road Unit 301 | $828,000 | Battaglia Team