$549,800 - 8 Fieldway Road Unit 613, Etobicoke
Condo for Sale in Etobicoke
42 days on market- MLS Number
- W13097020
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Welcome to penthouse living in a quiet boutique building, offering the perfect blend of comfort, convenience, and style. This move-in ready suite features a functional open-concept layout with 2 spacious bedrooms plus a versatile den, ideal for a home office or guest space. Thoughtfully designed with bedrooms positioned on opposite sides of the unit for maximum privacy. The modern kitchen is perfect for entertaining, complete with a large center island, stainless steel appliances, stylish backsplash, and ample cabinet space. Bright and inviting living areas feature laminate flooring throughout and large windows that fill the space with natural light. Step out onto your private balcony overlooking the peaceful courtyard - a perfect place to relax and unwind. This unit also includes 1 parking space and the rare bonus of 2 lockers for extra storage. Ideally located within walking distance to Islington TTC Station and just minutes to Kipling GO Station, making commuting a breeze. Enjoy nearby parks, Islington Golf Course, restaurants, shops, and plazas, all just moments from your door. A fantastic opportunity to own in a highly desirable, well-maintained building in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$2,820.76/mo
Includes CMHC insurance ($15,339)
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.
8 Fieldway Road Unit 613, 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
Competitive Pricing
At $785/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 42 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.
Efficient Living
At 700 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.
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.
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 $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.