$544,999 - 215 Sherway Gardens Road Unit PH101, Etobicoke
Condo for Sale in Etobicoke
109 days on market- MLS Number
- W12905270
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Stop your search, because this is the one you have been waiting for! Penthouse 101 at 215 Sherway Gardens Road is a super sassy one bedroom plus den retreat that redefines high-floor living with unobstructed, panoramic east views stretching across the city skyline and down to the lake! The interior vibe is elevated by soaring 9' ceilings, floor-to-ceiling windows that drench the space in natural light, and sleek engineered hardwood floors. Function meets style in the eat-in kitchen, which boasts stainless steel appliances, granite counters, a breakfast bar, and an impressive amount of storage for the home chef. The heart of the home is an open-concept living and dining area that flows seamlessly to a generous balcony-perfect for morning coffee with a view-while the versatile den offers ample space for a dedicated home office. Retreat to a bright bedroom featuring double closets and chic, floating built-in bedside tables. Beyond the unit's separate laundry and utility room, you'll find oodles of extra storage with a premium-sized locker and included parking. Life here feels like a five-star vacation thanks to incredible amenities, including a 24-hour concierge, an indoor pool and sauna, a gym and yoga studio, a billiards room, and a stunning bi-level party room for entertaining. With the TTC at your doorstep and immediate access to the QEW/Gardiner, Highway 427, and the premier shopping at Sherway Gardens, the location is truly unbeatable. It doesn't get any better than this! Did we mention the views?!
Estimate your monthly payments for this property
Estimated Payment
$2,796.13/mo
Includes CMHC insurance ($15,205)
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 Etobicoke (Islington / Rexdale)
Etobicoke (Islington / Rexdale) 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 (Islington / Rexdale)
- •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
Etobicoke (Islington / Rexdale) 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.
215 Sherway Gardens Road Unit PH101, 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 $908/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.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 600 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.
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 $2,271 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.