$415,000 - 40 Panorama Court Unit 807, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Mount Olive-Silverstone-Jamestown
- MLS Number
- W13621410
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rare Opportunity in Prime Etobicoke! Welcome to this bright, spacious, and functional 2-bedroom, 1-bathroom condominium apartment situated in one of Etobicoke's most vibrant and high-demand neighborhoods. Perfect for first-time homebuyers, downsizers, or savvy investors seeking exceptional value and high returns, this unit boasts UNBEATABLE CARRYING COSTS WITH ANNUAL PROPERTY TAXES UNDER $500/YEAR! Step into a beautifully designed layout featuring seamless laminate flooring throughout and an abundance of natural light. The combined living and dining area provides a versatile space for everyday living and entertaining, with a seamless walkout to a large open balcony ideal for relaxing or enjoying outdoor views. The upgraded kitchen is a delight, complete with quartz countertops, ample cabinet space, and great finishes. Both bedrooms are generously sized, with the primary bedroom featuring a walk-in closet for ultimate convenience. The unit is equipped with hookups ready for ensuite laundry and includes 1 secure underground parking space. Residents enjoy access to top-tier building amenities, including a fully equipped fitness gym, an indoor pool, a games room, an outdoor tennis court and two expansive party rooms for special occasions. Unmatched location with superior transit access! Step out your door to the TTC, and enjoy immediate connectivity to the NEW Finch West LRT and major GTA highways. Walking distance to Albion Mall, shopping plazas, top schools, public libraries, parks, places of worship, and everyday essentials. Move-in ready with ultra-low overhead costs in a thriving location. A must-see gem-book your private tour today!
Estimate your monthly payments for this property
Estimated Payment
$2,129.17/mo
Includes CMHC insurance ($11,579)
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 Mount Olive-Silverstone-Jamestown
Mount Olive-Silverstone-Jamestown 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 Mount Olive-Silverstone-Jamestown
- •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
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
Mount Olive-Silverstone-Jamestown 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.
40 Panorama Court Unit 807, Etobicoke (West Mall / 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
Competitive Pricing
At $415/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 25 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.
About Mount Olive-Silverstone-Jamestown
I know Mount Olive-Silverstone-Jamestown 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.