$660,000 - 1793 Martin Grove Road Unit 116, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Mount Olive-Silverstone-Jamestown
- MLS Number
- W13520594
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- COMFREE
Bright upgraded corner-unit condo townhouse offering approximately 1,250 sq. ft. of above-grade living space. This 3-bedroom home features a full kitchen, 1 full bathroom, 2 parking spaces, and a private backyard backing onto a large common area. Interior features include quartz countertops, laminate flooring, stainless steel appliances, washer and dryer, ceiling fans with lights, Ecobee thermostat, smart security cameras, newer furnace, central air conditioning, tankless water heater, updated 100-amp electrical panel, and EV charger wiring. The finished basement offers approximately 400 sq. ft. of additional living space with a kitchenette and 3-piece bathroom, suitable for extended family, guests, a home office, or recreation space. Condo fees include water, snow removal, landscaping, roof and exterior building maintenance, and building insurance. Convenient location near TTC, YRT, Finch West LRT, schools, grocery stores, shopping, parks, library, pool, arena, Pearson Airport, and Highways 401, 427, 400, and 27.
Estimate your monthly payments for this property
Estimated Payment
$3,386.14/mo
Includes CMHC insurance ($18,414)
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 Mount Olive-Silverstone-Jamestown
Mount Olive-Silverstone-Jamestown 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 Mount Olive-Silverstone-Jamestown
- •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
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
Mount Olive-Silverstone-Jamestown 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.
1793 Martin Grove Road Unit 116, Etobicoke (West Mall / 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 $471/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 19 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Etobicoke. Good resale value as demand remains consistent.
About Mount Olive-Silverstone-Jamestown
I know Mount Olive-Silverstone-Jamestown 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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.