$489,900 - 50 Thomas Riley Road Unit 819, Etobicoke
New Construction for Sale in Etobicoke
38 days on market- MLS Number
- W13114988
- Property Type
- New Construction
- Status
- active
- Days on Site
- 38
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ONE PERCENT REALTY LTD.
Spacious and bright 1+1 bedroom condo with modern finishes in a prime Etobicoke location, featuring 9 ft ceilings and 8 laminate flooring throughout. The open-concept living and dining area offers a walk-out to an open balcony with unobstructed views of Toronto. The kitchen boasts quartz countertops, a breakfast bar and stainless steel appliances. The large den is ideal for a home office or additional living space, and the primary bedroom includes a generous closet. This unit comes with a double-depth tandem parking spot and one locker. Building amenities include a 24-hour concierge, fully equipped gym, yoga room, party room, guest suites, childrens play area, outdoor BBQ terrace, and visitor parking. Located just steps to Kipling GO and TTC Station, with quick access to Hwy 427, Gardiner Expressway, and QEW, and close to shopping, dining, schools, and parks.
Estimate your monthly payments for this property
Estimated Payment
$2,513.44/mo
Includes CMHC insurance ($13,668)
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.
50 Thomas Riley Road Unit 819, 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
Fair Market Value
At $817/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 38 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.
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.