$850,000 - 1320 Islington Avenue Unit 1508, Etobicoke
Condo for Sale in Etobicoke
New — Listed 2 days agoNeighbourhood: Islington-City Centre West
- MLS Number
- W13524328
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Suite 1508 is a stunning corner residence that has been extensively renovated with luxurious finishes throughout and showcases breathtaking panoramic views of the Toronto skyline, the historic Montgomery Inn, Tom Riley Park, and Lake Ontario. The expansive open-concept floor plan offers spacious living and dining areas, creating the perfect setting for entertaining family-sized gatherings. The elegant dining room features custom built-ins, while light colored hardwood floors flow throughout the suite. The den provides flexible living space and the open concept eat-in kitchen has stainless appliances and quartz counters. Both generously sized bedrooms feature their own ensuite bathrooms and closet organizers. This is a rare opportunity to enjoy sophisticated, turnkey living with spectacular views from every angle. Barclay Terrace is situated on two acres of beautifully landscaped grounds with tennis courts, jogging track and a beautiful reflective pool with a gazebo and seating areas. The recreation area is a tribute to fun, fitness and leisure having a large indoor pool, hot tub and saunas where you can relax after playing racquet ball, squash, tennis or working out in the exercise room. The full time Recreation Coordinator provides residents with free aqua fit and exercise classes. There is also a party room with a dance floor, a hobby room/workshop and you can play billiards or pool, watch a video or chat by the fireplace in the pool side lounge. You can also enjoy a ladies club, happy hour, bingo and poker nights and a book club. Barclay Terrace is ideally located within walking distance of the Bloor and Islington subway, GO Station, shops and cafes in one of Etobicoke's established and premier neighbourhoods of Islington Village and The Kingsway. The complex is minutes from major routes, downtown and the airport.
Estimate your monthly payments for this property
Estimated Payment
$4,360.94/mo
Includes CMHC insurance ($23,715)
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.
1320 Islington Avenue Unit 1508, 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 $708/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.
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.
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.
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.
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 $3,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.