400 The East Mall N/A Unit 308, Toronto W08

Price: $890,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: New Construction

MLS#: W13416546

Rare dual-income or multi-gen opportunity! Stunning, bright corner condo townhome featuring 2 self-contained units with direct front door access. Modern upgrades throughout, 9ft ceilings, laminate flooring, & a sleek kitchen island. TTC at your doorstep, 7 mins to Kipling Station, quick access to Hwy 427/Pearson & mins to Downtown Toronto. Incredible amenities: indoor/outdoor gym, chef's kitchen, party room, outdoor BBQs, & visitor parking. A must-see

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New Listing
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$890,000 - 400 The East Mall N/A Unit 308, Etobicoke

New Construction for Sale in Etobicoke

New — Listed 2 days ago
2Beds
2Baths
1,200Sq Ft
New Construction
Property Details
MLS Number
W13416546
Property Type
New Construction
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Rare dual-income or multi-gen opportunity! Stunning, bright corner condo townhome featuring 2 self-contained units with direct front door access. Modern upgrades throughout, 9ft ceilings, laminate flooring, & a sleek kitchen island. TTC at your doorstep, 7 mins to Kipling Station, quick access to Hwy 427/Pearson & mins to Downtown Toronto. Incredible amenities: indoor/outdoor gym, chef's kitchen, party room, outdoor BBQs, & visitor parking. A must-see

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,566.16/mo

Includes CMHC insurance ($24,831)

$
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5%10%50%

5-yr fixed avg.

Principal: $801,000Interest: $544,017
Mortgage Amount$825,831
Total Interest$544,017
Est. Property Tax$630/mo
Total Cost$1,369,848

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

400 The East Mall N/A Unit 308, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$1,585

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 $742/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.

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 $3,708 (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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    400 The East Mall N/A Unit 308… — $890,000 | Battaglia Team