$399,000 - 50 Thomas Riley Road Unit 520, Etobicoke
Condo for Sale in Etobicoke
New — Listed 7 days agoNeighbourhood: Islington-City Centre West
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- MLS Number
- W14087920
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2026)
- $2,356
- Maintenance Fees
- $623/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Experience Modern Condo Living At Cypress At Pinnacle Etobicoke! This Bright And Stylish 1 Bedroom + Den Suite Offers 626 Sq.Ft. Of Thoughtfully Designed Living Space, Featuring An Open-Concept Layout And Floor-To-Ceiling Windows That Fill The Home With Natural Light. The Contemporary Kitchen Boasts Stainless Steel Appliances, Modern Cabinetry, And A Breakfast Bar, Seamlessly Connecting To The Living And Dining Area-Perfect For Everyday Living And Entertaining. The Versatile Den 9'3"X7'3" Is Ideal For A Home Office, Dining Area, Or Additional Living Space. Step Out Onto Your Private Balcony To Enjoy Your Morning Coffee Or Unwind After A Long Day. Enjoy Exceptional Building Amenities, Including A Fully Equipped Fitness Centre, Yoga Studio, Party Room, Rooftop Terrace With BBQs, And Concierge Service. Unbeatable Location Just Minutes To Kipling And Islington Subway Stations And GO Transit, With Convenient Access To Highways 427, QEW, And 401. Close To Shopping, Restaurants, Parks, And Everyday Conveniences. Includes 1 Parking Space And 1 Locker. Unlimited High-Speed Internet Included In Maintenance Fees! An Outstanding Opportunity For First-Time Buyers, Downsizers, And Investors To Own In One Of Etobicoke's Desirable Condominium Communities. Don't Miss Out!
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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 Islington-City Centre West
Islington-City Centre West 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 Islington-City Centre West
- •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
Islington-City Centre West 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.
50 Thomas Riley Road Unit 520, 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
Competitive Pricing
At $665/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $623/month fees should cover building insurance, common elements, and reserve contributions.
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 Islington-City Centre West
I know Islington-City Centre West 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.