234 Albion Road Unit 309, Toronto W10

Price: $389,900

2 bedrooms, 1 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13734276

Step into this beautifully updated 2-bedroom condo offering a bright, modern living space that's ready to enjoy from day one. The open-concept layout is finished with laminate flooring and complemented by a stylish kitchen featuring custom cabinetry and stainless steel appliances. A renovated bathroom and carpet-free interior add to the clean, contemporary feel throughout. Large windows bring in plenty of natural light, while the private balcony provides a relaxing outdoor space to take in the evening sunset. One underground parking space is included for added convenience. Located close to public transit, schools, Humber River trails, golf courses, the hospital, shopping, and major highways, you'll have easy access to everything you need. Thoughtfully renovated and well located, this is a fantastic opportunity for anyone looking for a comfortable, low-maintenance home with excellent value.

234 Albion Road Unit 309 - Condo photo 1 of 46 in Etobicoke (West Mall / Rexdale), Ontario
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active

$389,900 - 234 Albion Road Unit 309, Etobicoke

Condo for Sale in Etobicoke

36 days on market

Neighbourhood: Elms-Old Rexdale

2Beds
1Baths
1,000Sq Ft
Condo

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Property Details
MLS Number
W13734276
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
1
Square Feet
1,000 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Taxes (2025)
$830
Maintenance Fees
$972/mo
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
KING REALTY INC.
Description

Step into this beautifully updated 2-bedroom condo offering a bright, modern living space that's ready to enjoy from day one. The open-concept layout is finished with laminate flooring and complemented by a stylish kitchen featuring custom cabinetry and stainless steel appliances. A renovated bathroom and carpet-free interior add to the clean, contemporary feel throughout. Large windows bring in plenty of natural light, while the private balcony provides a relaxing outdoor space to take in the evening sunset. One underground parking space is included for added convenience. Located close to public transit, schools, Humber River trails, golf courses, the hospital, shopping, and major highways, you'll have easy access to everything you need. Thoughtfully renovated and well located, this is a fantastic opportunity for anyone looking for a comfortable, low-maintenance home with excellent value.

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Estimate your monthly payments for this property

Estimated Payment

$2,000.39/mo

Includes CMHC insurance ($10,878)

$
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5-yr fixed avg.

Principal: $350,910Interest: $238,329
Mortgage Amount$361,788
Total Interest$238,329
Est. Property Tax$276/mo
Total Cost$600,117

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: Elms-Old Rexdale

Discover Elms-Old Rexdale

Elms-Old 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 Elms-Old Rexdale

  • •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

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

Elms-Old 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.

70
Walk Score
Varies
Price Range

234 Albion Road Unit 309, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$972
Property Tax (est.)-$276
Insurance (est.)-$81
Net Cash Flow+$1,031

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

Competitive Pricing

At $390/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 36 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 $972/month fees should cover building insurance, common elements, and reserve contributions.

About Elms-Old Rexdale

I know Elms-Old Rexdale 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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    234 Albion Road Unit 309 | $389,900 | Battaglia Team