$1,379,000 - 30 Old Mill Road Unit 512, Etobicoke
Condo for Sale in Etobicoke
37 days on marketNeighbourhood: Kingsway South
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- MLS Number
- W13728448
- Property Type
- Condo
- Status
- active
- Days on Site
- 37
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2026)
- $7,589
- Maintenance Fees
- $1,327/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to Riverhouse at the Old Mill. This exquisite 2 bedroom, 2 bathroom, 1200sf south facing suite offers an ideal balance of classic elegance and modern convenience. High-end finishes abound including dark wood floors, crown molding and premium stone accents throughout. Gourmet open concept kitchen features sleek granite countertops, breakfast bar and premium appliances- perfect for everyday meals and entertaining. The sun filled living and dining area is flooded with bright southern light and centered around a warm gas fireplace flanked by custom built-ins. Enjoy seamless light control with automated window shades. Primary suite is a serene sanctuary and features a walk in closet, two double closets and automated blackout blinds. The 6 piece spa ensuite boasts his and her vanities and a private water closet. The versatile second bedroom offers direct walk-out access to your private south facing balcony, double closet and manual blackout blinds. Thoughtful upgrades include organization in all closets by California Closets. Large welcoming foyer with spacious double closet. Extras include dedicated parking space and storage locker. Steps to Old Mill subway, walkable to Kingsway & Bloor West Village shops/dining, with easy access to downtown and airports. Parking actual space is P5 120 - Legal E32. Locker actual is P5 #42 Legal is E96
Estimate your monthly payments for this property
Estimated Payment
$6,099.78/mo
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 Kingsway South
Kingsway South 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 Kingsway South
- •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
Kingsway South 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.
30 Old Mill Road Unit 512, 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
Premium Pricing
At $1149/sqft, this property is priced above the Etobicoke average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 37 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 $1327/month fees should cover building insurance, common elements, and reserve contributions.
About Kingsway South
I know Kingsway South 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 $5,746 (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.