5 Valhalla Inn Road Unit 511, Toronto W08

Price: $399,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W12719082

This well-appointed 5th-floor 1-bedroom + den condo in the sought-after Valhalla community offers just under 700 sq. ft. of thoughtfully designed living space. The open-concept layout is enhanced by floor-to-ceiling windows, filling the home with natural light. The versatile den, measuring 8 x 8 feet, is ideal for a home office or potential second bedroom. An additional office nook is conveniently located within the main living area.The kitchen is both functional and stylish, featuring a large movable island and a pantry for added storage. The spacious bedroom comfortably accommodates a queen-sized bed and includes both a walk-in closet and a separate linen closet.Residents of Valhalla enjoy an exceptional array of amenities, including 24-hour concierge service, multiple fully equipped gyms, an indoor pool and hot tub, yoga studios, saunas, a theatre room, billiards, a children's playroom, and two party rooms. Three guest suites are also available for rental. The building is pet-friendly, permitting up to two pets per unit.Ideally located near the parking space and storage locker on the 3rd floor, this condo also benefits from low-cost internet options and a no short-term rental policy-offering both comfort and peace of mind in a well-managed community.

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$399,000 - 5 Valhalla Inn Road Unit 511, Etobicoke

Condo for Sale in Etobicoke

140 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W12719082
Property Type
Condo
Status
active
Days on Site
140
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

This well-appointed 5th-floor 1-bedroom + den condo in the sought-after Valhalla community offers just under 700 sq. ft. of thoughtfully designed living space. The open-concept layout is enhanced by floor-to-ceiling windows, filling the home with natural light. The versatile den, measuring 8 x 8 feet, is ideal for a home office or potential second bedroom. An additional office nook is conveniently located within the main living area.The kitchen is both functional and stylish, featuring a large movable island and a pantry for added storage. The spacious bedroom comfortably accommodates a queen-sized bed and includes both a walk-in closet and a separate linen closet.Residents of Valhalla enjoy an exceptional array of amenities, including 24-hour concierge service, multiple fully equipped gyms, an indoor pool and hot tub, yoga studios, saunas, a theatre room, billiards, a children's playroom, and two party rooms. Three guest suites are also available for rental. The building is pet-friendly, permitting up to two pets per unit.Ideally located near the parking space and storage locker on the 3rd floor, this condo also benefits from low-cost internet options and a no short-term rental policy-offering both comfort and peace of mind in a well-managed community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

5 Valhalla Inn Road Unit 511, 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)
4.3%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,444

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 $665/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 140 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.

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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    5 Valhalla Inn Road Unit 511 | $399,000 | Battaglia Team