11 Applewood Lane Unit Parking, Toronto W08

Price: $50,000

0 bedrooms, 0 bathrooms

Property Type: Condo

MLS#: W13800172

Rare Opportunity! Don't miss the chance to purchase this underground parking spot - perfect for personal use or as an investment opportunity to rent it out. Parking Spots Are Renting between $250-$350/Month. Please note: this parking spot is available for purchase only to current unit owners within the complex

11 Applewood Lane Unit Parking - Condo photo 1 of 2 in Etobicoke (Islington / Rexdale), Ontario
11 Applewood Lane Unit Parking - Condo photo 2 of 2 in Etobicoke (Islington / Rexdale), Ontario
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$50,000 - 11 Applewood Lane Unit Parking, Etobicoke

Condo for Sale in Etobicoke

Neighbourhood: Etobicoke West Mall

0Beds
0Baths
N/ASq Ft
Condo

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Property Details
MLS Number
W13800172
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
0
Bathrooms
0
Square Feet
N/A sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Listing Brokerage
KHOULANI REAL ESTATE GROUP INC.
Description

Rare Opportunity! Don't miss the chance to purchase this underground parking spot - perfect for personal use or as an investment opportunity to rent it out. Parking Spots Are Renting between $250-$350/Month. Please note: this parking spot is available for purchase only to current unit owners within the complex

Mortgage Calculator

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Estimated Payment

$256.53/mo

Includes CMHC insurance ($1,395)

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5-yr fixed avg.

Principal: $45,000Interest: $30,563
Mortgage Amount$46,395
Total Interest$30,563
Est. Property Tax$35/mo
Total Cost$76,958

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

Discover Etobicoke West Mall

Etobicoke West Mall 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

  • •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

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 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

11 Applewood Lane Unit Parking, Etobicoke (Islington / 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)
41.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$35
Insurance (est.)-$10
Net Cash Flow+$1,740

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

Market Position

At 20 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 0 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 Etobicoke West Mall

I know Etobicoke West Mall 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.

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    11 Applewood Lane Unit Parking | $50,000 | Battaglia Team