$1,219,000 - 71 Old Mill Road Unit 305, Etobicoke
Condo for Sale in Etobicoke
New — Listed 2 days ago- MLS Number
- W13453106
- Property Type
- Condo
- 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
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to 71 Old Mill Road, an exclusive boutique residence tucked away in one of Toronto's most coveted neighbourhoods. Surrounded by mature trees and steps from the Humber River and scenic trails, yet only a three-minute walk to the Old Mill subway station, this is a rare opportunity to enjoy a nature-inspired setting without sacrificing urban convenience. Recently and extensively renovated, this elegant two-storey suite offers nearly 1,300SF of beautifully appointed living space that feels more like a townhome than a condominium. Thoughtfully designed for comfortable everyday living and effortless entertaining, the spacious layout features rich walnut flooring throughout, generous principal rooms, abundant storage, and expansive floor-to-ceiling windows that fill the home with natural light while framing tranquil green views. At the heart of the residence is a stunning chef's kitchen featuring extensive cabinetry, professional-grade appliances, exceptional prep space, and outstanding storage. The inviting living room showcases a striking contemporary wood-burning fireplace, creating a warm and sophisticated atmosphere. A large private balcony extends the living space outdoors, offering the perfect setting to relax or entertain amid the surrounding greenery. Upstairs, the spacious primary retreat features a walk-in closet, ensuite privilege to the beautifully renovated four-piece bath, and access to a second private balcony. The versatile second bedroom is ideal as a guest room, home office, or creative workspace. Convenient in-suite laundry and additional storage space further enhance the suite's exceptional functionality. This intimate 20-unit building offers underground parking, a storage locker, car wash, and firewood room. Ideally located just steps from Etienne Brûlé Park, the Humber River trail system, The Old Mill Inn & Spa, The Kingsway, and Bloor West Village, this is a truly unique lifestyle opportunity in one of Toronto's most picturesque communities.
Estimate your monthly payments for this property
Estimated Payment
$5,392.05/mo
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.
71 Old Mill Road Unit 305, 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 $1016/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.
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.
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 $5,079 (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.