205 Sherway Gardens Road Unit 2306, Toronto W08

Price: $470,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13773758

Visit the REALTOR website for further information about this Listing. This bright, open-concept sub-penthouse gets a ton of natural light and features engineered hardwood and tile floors throughout. The kitchen is spacious, complete with granite countertops, a breakfast bar, and stainless steel appliances. One of the best things about this unit is the view-you get a clear, incredible sight of both the Toronto skyline and the lake! The location is super convenient, too. It's right across the street from Sherway Gardens and a short walk to public transit. If you drive, it's just a few minutes to the QEW and Highway 427.The condo comes with stainless steel: fridge, stove, dishwasher, microwave. In-suite washer and dryer is also included as pictured. Included with the unit is 1 parking spot and 1 storage locker. All window coverings and light fixtures are included as well. The building itself has some great amenities, including an indoor pool, a gym, a sauna, a party room, guest suites, and a concierge.

205 Sherway Gardens Road Unit 2306 - Condo photo 1 of 21 in Etobicoke (Islington / Rexdale), Ontario
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$470,000 - 205 Sherway Gardens Road Unit 2306, Etobicoke

Condo for Sale in Etobicoke

Neighbourhood: Islington-City Centre West

1Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
W13773758
Property Type
Condo
Status
active
Days on Site
26
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$2,234
Maintenance Fees
$528/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
EASY LIST REALTY LTD.
Description

Visit the REALTOR website for further information about this Listing. This bright, open-concept sub-penthouse gets a ton of natural light and features engineered hardwood and tile floors throughout. The kitchen is spacious, complete with granite countertops, a breakfast bar, and stainless steel appliances. One of the best things about this unit is the view-you get a clear, incredible sight of both the Toronto skyline and the lake! The location is super convenient, too. It's right across the street from Sherway Gardens and a short walk to public transit. If you drive, it's just a few minutes to the QEW and Highway 427.The condo comes with stainless steel: fridge, stove, dishwasher, microwave. In-suite washer and dryer is also included as pictured. Included with the unit is 1 parking spot and 1 storage locker. All window coverings and light fixtures are included as well. The building itself has some great amenities, including an indoor pool, a gym, a sauna, a party room, guest suites, and a concierge.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,411.34/mo

Includes CMHC insurance ($13,113)

$
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5%10%50%

5-yr fixed avg.

Principal: $423,000Interest: $287,290
Mortgage Amount$436,113
Total Interest$287,290
Est. Property Tax$333/mo
Total Cost$723,403

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: Islington-City Centre West

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

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

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.

70
Walk Score
Varies
Price Range

205 Sherway Gardens Road Unit 2306, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$528
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$841

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

Fair Market Value

At $940/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.

Market Position

At 26 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. The $528/month fees should cover building insurance, common elements, and reserve contributions.

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.

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    205 Sherway Gardens Road Unit 2306 | $470,000 | Battaglia Team