$475,000 - 1040 The Queensway Avenue Unit 502, Etobicoke
Condo for Sale in Etobicoke
Popular ListingNeighbourhood: Islington-City Centre West
- MLS Number
- W13489584
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to this beautifully designed one-bedroom condo offering an exceptional open-concept layout with 587 sqft of thoughtfully planned living space. Enjoy two walkouts to an impressive 100 sq. ft. balcony overlooking the quiet residential neighbourhood on the north side of the building-an ideal setting for morning coffee, evening sunsets, or relaxing outdoors.The functional kitchen features sleek black appliances and a mirrored backsplash, while laminate and ceramic flooring flow throughout thesuite. The spacious bedroom includes a double closet and its own walkout to the balcony. Ensuite laundry, a locker, and an exceptionally well-positioned, generously sized parking space complete this fantastic offering.Located in the heart of The Queensway, one of Etobicoke's most desirable and convenient neighbourhoods, you're surrounded by excellent restaurants, cafés, shops, parks, and everyday amenities. Enjoy quick access to public transit, major highways, downtown Toronto, Sherway Gardens, and the waterfront. A perfect opportunity for first-time buyers, professionals, downsizers, or investors seeking comfort, convenience,and a peaceful residential outlook.
Estimate your monthly payments for this property
Estimated Payment
$2,437.00/mo
Includes CMHC insurance ($13,253)
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 Islington-City Centre West
Islington-City Centre West 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 Islington-City Centre West
- •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
Islington-City Centre West 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.
1040 The Queensway Avenue Unit 502, 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 $950/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.
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 500 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.
About Islington-City Centre West
I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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.