$699,900 - 364 The East Mall Street Unit 318, Etobicoke
Condo for Sale in Etobicoke
104 days on market- MLS Number
- W12842920
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Ensuite
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Unit 318 at 364 The East Mall offers a rare opportunity to own a spacious and beautifully updated 5-bedroom, 3-full-bathroom residence in the heart of Etobicoke. Spanning approximately 1,430 square feet across two thoughtfully designed levels, this home is ideal for large families, multi-generational living, or those simply seeking space without compromise.Completely renovated in 2016 and meticulously maintained since, the unit blends modern finishes with everyday functionality. The smart 2-level layout features a main-floor bedroom and full bathroom-perfect for in-laws, guests, or a private home office. Upstairs, you'll find four full bedrooms designed to accommodate growing families.Storage is abundant and practical throughout, making day-to-day living seamless and organized. Step outside and enjoy not one, but two private terraces-ideal for morning coffee, evening relaxation, or entertaining friends.With all-inclusive amenities and utilities-including internet-you can enjoy predictable monthly costs and a worry-free lifestyle. Set in a convenient Etobicoke location close to transit, shopping, parks, and major highways, this is a unique offering that combines size, flexibility, and value in one exceptional package.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
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.
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
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.
364 The East Mall Street Unit 318, Etobicoke (Islington / Rexdale)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $500/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 104 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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Etobicoke.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.