$529,999 - 40 Panorama Court Unit 903, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Mount Olive-Silverstone-Jamestown
- MLS Number
- W13629006
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- Ensuite+Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
**Bright & Spacious 3-Bedroom, 2 FULL Bathroom Condo with All-Inclusive Maintenance Fees [EXCEPT HYDRO]**Experience exceptional value in today's condo market with this UPDATED bright, spacious, and freshly painted 3-bedroom, 2 full bathroom suite. Offering a functional layout, generous room sizes, scenic views, and all-inclusive maintenance fees, this home provides worry-free, low-maintenance living that's hard to find.**Top Reasons You'll Love This Home: ****1. Truly All-Inclusive Maintenance Fees**Enjoy the convenience of one monthly payment covering almost everything. Maintenance fees include heat, ac, water, building insurance, common element maintenance, parking, and access to an outstanding selection of building amenities. Budget with confidence and eliminate the hassle of multiple monthly utility bills.**2. High end Amenities**Enjoy an impressive collection of amenities designed for an active lifestyle, including:* Indoor swimming pool* Tennis courts*gym* Bike storage* And much more**3. Spacious & Functional Layout**This well-designed suite offers THREE generous bedrooms, two full MODERN UPDATED bathrooms, a bright open-concept living and dining area, Carpet free ample living space. Oversized bedrooms and a practical floor plan make it ideal for families, professionals, downsizers, or investors.Walk to 25 x 8 ft huge Balcony and Enjoy your summer time.**4. Excellent Location**Conveniently located less than 15 minutes from the Finch LRT, Highway 407, Etobicoke General Hospital, and Woodbine Mall. You'll also enjoy easy access to TTC transit, Finch LRT schools, parks, shopping, restaurants, and everyday amenities. Whether you're a first-time buyer, downsizer, or investor, this home offers outstanding value with spacious living, exceptional amenities, and the convenience of having nearly all your monthly housing expenses include Renovations: NEW KITCHEN,, NEWLY RENOVATED 2 FULL WASHROOM, NEW LAMINATE FLOOR, FRESHLY PAINTED UNIT
Estimate your monthly payments for this property
Estimated Payment
$2,719.17/mo
Includes CMHC insurance ($14,787)
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 903, 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 $530/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 23 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
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 $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.