$888,000 - 385 The East Mall N/A Unit #60, Etobicoke
Condo for Sale in Etobicoke
New — Listed 4 days ago- MLS Number
- W13161070
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- None
- Exposure
- North South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small families, or anyone seeking a well-connected, low-maintenance lifestyle. Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining, seamlessly flowing into a crisp, modern kitchen that has been tastefully renovated with granite countertops, a breakfast bar, porcelain flooring, ample cabinetry, and upgraded stainless steel appliances (except the fridge), including a newer Samsung smart range. Enjoy effortless indoor-outdoor living with a walk-out to the deck and fully fenced yard, ideal for morning coffee, summer barbecues, or quiet evenings at home. Upstairs, two generous bedrooms each offer walk-in closets and private, renovated ensuite bathrooms with modern finishes; the primary suite serves as a serene retreat, while the second bedroom is enhanced by a charming Juliette balcony that fills the space with natural light. The finished basement adds valuable living space with a renovated recreation room and upgraded laundry area with sink, complementing the home's carpet-free interior and thoughtful updates throughout the kitchen, bathrooms, and all principal rooms. Also close to Highway 427, public transit, and downtown, this home offers exceptional convenience with quick access to parks, schools, libraries, places of worship, shops, dining, and everyday amenities. Meticulously maintained and thoughtfully upgraded, this townhome truly has it all-style, comfort, and location-and you'll fall in love the moment you step inside; it's even better in person than in photos. **Listing contains virtually staged photos**
Estimate your monthly payments for this property
Estimated Payment
$4,555.90/mo
Includes CMHC insurance ($24,775)
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.
385 The East Mall N/A Unit #60, Etobicoke (Islington / Rexdale)
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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 $740/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $3,700 (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.