840 Queens Plate Drive Unit 205, Toronto W10

Price: $599,000

3 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W12970616

Incredible value at under $600/sqft!! Experience refined living in this modern and spacious 2-bedroom + den, 2-bathroom residence in Etobicoke's convenient Humberwood community. Encompassing over 1,000 sq. ft. of thoughtfully updated space, this bright condo features a desirable open-concept split plan layout, offering privacy between bedrooms while maintaining an airy flow. The gourmet kitchen is appointed with sleek stainless steel appliances and granite countertops, and the living area opens to coveted sweeping, unobstructed views of the lush Humber Arboretum - a rare blend of sophistication and tranquility. Enjoy sunsets and serenity from your expansive wraparound balcony with envious western exposure. The primary bedroom features private treed views, a walk-in closet and ensuite. The versatile den is ideal for a private office or spacious dining room, while premium conveniences include parking and a locker. Residents enjoy an array of upscale amenities, from the concierge to a stylish party room and lobby, as well as a well-appointed fitness center, designed to complement a refined urban lifestyle. Perfectly positioned across from Woodbine Racetrack and the Great Canadian Casino, with Humber College North Campus just minutes away, the location balances vibrant energy with natural beauty. Effortless connectivity via Highway 427, GO transit and Toronto Pearson International Airport (YYZ) ensures exceptional convenience for both business and leisure travel. Nearby shopping, dining and everyday conveniences complete the picture of a dynamic and well-connected community.

840 Queens Plate Drive Unit 205 - Condo photo 1 of 26 in Etobicoke (West Mall / Rexdale), Ontario
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$599,000 - 840 Queens Plate Drive Unit 205, Etobicoke

Condo for Sale in Etobicoke

71 days on market
3Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W12970616
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
3
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Incredible value at under $600/sqft!! Experience refined living in this modern and spacious 2-bedroom + den, 2-bathroom residence in Etobicoke's convenient Humberwood community. Encompassing over 1,000 sq. ft. of thoughtfully updated space, this bright condo features a desirable open-concept split plan layout, offering privacy between bedrooms while maintaining an airy flow. The gourmet kitchen is appointed with sleek stainless steel appliances and granite countertops, and the living area opens to coveted sweeping, unobstructed views of the lush Humber Arboretum - a rare blend of sophistication and tranquility. Enjoy sunsets and serenity from your expansive wraparound balcony with envious western exposure. The primary bedroom features private treed views, a walk-in closet and ensuite. The versatile den is ideal for a private office or spacious dining room, while premium conveniences include parking and a locker. Residents enjoy an array of upscale amenities, from the concierge to a stylish party room and lobby, as well as a well-appointed fitness center, designed to complement a refined urban lifestyle. Perfectly positioned across from Woodbine Racetrack and the Great Canadian Casino, with Humber College North Campus just minutes away, the location balances vibrant energy with natural beauty. Effortless connectivity via Highway 427, GO transit and Toronto Pearson International Airport (YYZ) ensures exceptional convenience for both business and leisure travel. Nearby shopping, dining and everyday conveniences complete the picture of a dynamic and well-connected community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,073.18/mo

Includes CMHC insurance ($16,712)

$
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5-yr fixed avg.

Principal: $539,100Interest: $366,142
Mortgage Amount$555,812
Total Interest$366,142
Est. Property Tax$424/mo
Total Cost$921,954

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 (West Mall / Rexdale)

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

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 (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.

70
Walk Score
Varies
Price Range

840 Queens Plate Drive Unit 205, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$650
Property Tax (est.)-$424
Insurance (est.)-$125
Net Cash Flow+$1,561

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 $599/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 71 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.

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 $2,496 (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.

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    840 Queens Plate Drive Unit 205 | $599,000 | Battaglia Team