$500,000 - 5 Rowntree Road Unit 1006, Etobicoke
Condo for Sale in Etobicoke
- MLS Number
- W13151626
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Discover Resort-Style Living In This Bright And Spacious 2 Bedroom Plus Den Suite With A Desirable South-East Exposure Filling The Home With Natural Sunshine Throughout The Day. Enjoy Breathtaking, Ravine, Humber River And Rowntree Mills Park Views From The Kitchen, Breakfast Area, Den And Private Balcony - The Park Truly Feels Like Your Backyard. This Thoughtfully Designed Layout Features 2 Full Bathrooms Including A Primary Ensuite, Ensuite Laundry And A Generous Open-Concept Living And Dining Area Ideal For Both Everyday Living And Entertaining. Tasteful Upgrades Include A Modern Kitchen With Glass Backsplash, Updated Bathrooms, Light Hardwood-Style Laminate Flooring And Large Modern Ceramic Tiles. Located In The Prestigious Platinum On The Humber, A 24-Hour Gated Community Surrounded By Mature Landscaping, Residents Enjoy Exceptional Resort-Style Amenities Including Indoor And Outdoor Pools, Hot Tub, Four Tennis Courts, Squash Courts, Gym, Party Room, Games Room And More. Outdoor Enthusiasts Will Appreciate Direct Access To The Humber Trail Just Steps From The Building - Perfect For Walking, Jogging, Cycling Or Scenic Rides All The Way To Lake Ontario. Exceptionally Located Close To The Newly Opened Finch West LRT, Highways 400, 401 & 407,Pearson International Airport, York University, Humber College, University Of Guelph-Humber, Transit, Shopping, Parks And More. A Rare Opportunity To Enjoy Spacious Condo Living Surrounded By Nature With Incredible Convenience.
Estimate your monthly payments for this property
Estimated Payment
$2,565.26/mo
Includes CMHC insurance ($13,950)
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 (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
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.
5 Rowntree Road Unit 1006, Etobicoke (West Mall / 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 $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.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.