$549,999 - 25 Neighbourhood Lane Unit 513, Corso Italia
Condo for Sale in Corso Italia
36 days on marketNeighbourhood: Stonegate-Queensway
- MLS Number
- W13581180
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- STARION REALTY
Welcome to this exquisite functional 2B+2Bath CORNER-UNIT in a boutique condo that commands attention at every turn. Where can you get such a 2bed+2bath including one parking and locker for a very competitive price? Live and/or invest in the quiet, tranquil, quintessential South Etobicoke "Queensview steps to trails, transit, minutes to Humber River Trail, Sherway Gardens, QEW, The Gardiner, Downtown Toronto and restaurants like Joeys, The Key, Cactus, Toms ice Cream and much more. This impressive 5th floor unit boast a bright open-concept floor plan with laminate floors throughout, Stainless Appliances, Caesar stone Countertops, Valance Lighting, and Backsplash. This unit comes with one parking and one locker with 9" ceiling. Perfect for anyone looking for a perfect opportunity with Parking and Locker. Enjoy Indoor Gym, Guest Suite,Ground Floor Party Room with Kitchenette, Fireplace Lounge, Meeting/Dining Room, Pet Grooming Room, Children's Play Centre, and Outdoor Patio with BBQ Area and a 1 acre park with playground and splash-pad. Showings to be books with 24 hour notice
Estimate your monthly payments for this property
Estimated Payment
$2,821.78/mo
Includes CMHC insurance ($15,345)
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 Stonegate-Queensway
Stonegate-Queensway 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 Stonegate-Queensway
- •Convenient location in Corso Italia / Dufferin Grove
- •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
Stonegate-Queensway 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.
25 Neighbourhood Lane Unit 513, Corso Italia / Dufferin Grove
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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 $917/sqft, this property is priced in line with current Corso Italia 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 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. 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.
About Stonegate-Queensway
I know Stonegate-Queensway 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: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.