551 The West Mall N/A Unit 1620, Toronto W08

Price: $439,900

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: W12735992

Welcome To This Bright And Spacious 2-Bedroom Suite In The Sought After Grange Tower! Perfectly Located With Transit At Your Doorstep, Quick Access To Hwy 427 And Just Minutes From Pearson Airport, This Unit Offers Both Convenience And Comfort. Featuring An Open Concept Living And Dining Area That Seamlessly Extends To A Covered Balcony With Panoramic Northeast Views, It's Ideal For Relaxing Or Entertaining. The Spacious Bedrooms Provide Ample Closet Space, While The Walk-In Laundry Room With Extra Storage Adds Everyday Practicality. With 983 Sq Ft Of Living Space, This Home Is Perfect For First-Time Buyers, Downsizers Or Investors Alike. Residents Enjoy A Fantastic Array Of Amenities Including An Outdoor Swimming Pool, Fitness Centre, Party Room, Saunas And Hobby Room. A Wonderful Opportunity To Own A Beautiful Unit Close To Shopping, Parks, Schools And More!

551 The West Mall N/A Unit 1620 - Condo photo 1 of 36 in Etobicoke (Islington / Rexdale), Ontario
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$439,900 - 551 The West Mall N/A Unit 1620, Etobicoke

Condo for Sale in Etobicoke

160 days on market
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
W12735992
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
CAPITAL NORTH REALTY CORPORATION
Description

Welcome To This Bright And Spacious 2-Bedroom Suite In The Sought After Grange Tower! Perfectly Located With Transit At Your Doorstep, Quick Access To Hwy 427 And Just Minutes From Pearson Airport, This Unit Offers Both Convenience And Comfort. Featuring An Open Concept Living And Dining Area That Seamlessly Extends To A Covered Balcony With Panoramic Northeast Views, It's Ideal For Relaxing Or Entertaining. The Spacious Bedrooms Provide Ample Closet Space, While The Walk-In Laundry Room With Extra Storage Adds Everyday Practicality. With 983 Sq Ft Of Living Space, This Home Is Perfect For First-Time Buyers, Downsizers Or Investors Alike. Residents Enjoy A Fantastic Array Of Amenities Including An Outdoor Swimming Pool, Fitness Centre, Party Room, Saunas And Hobby Room. A Wonderful Opportunity To Own A Beautiful Unit Close To Shopping, Parks, Schools And More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,256.92/mo

Includes CMHC insurance ($12,273)

$
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5%10%50%

5-yr fixed avg.

Principal: $395,910Interest: $268,891
Mortgage Amount$408,183
Total Interest$268,891
Est. Property Tax$312/mo
Total Cost$677,075

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.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) 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 Etobicoke (Islington / Rexdale)

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Etobicoke (Islington / Rexdale) 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.

70
Walk Score
Varies
Price Range

551 The West Mall N/A Unit 1620, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$312
Insurance (est.)-$92
Net Cash Flow+$1,291

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $489/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.

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 900 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.

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.

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    551 The West Mall N/A Unit 1620 | $439,900 | Battaglia Team