$619,000 - 7 Applewood Lane Unit 221, Etobicoke
Condo for Sale in Etobicoke
Popular ListingNeighbourhood: Etobicoke West Mall
- MLS Number
- W13675818
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
RARE!! Middle (Above Ground) Unit In One Of The Best Locations In West Toronto * NOT A (Underground) Basement Unit, And Not A Multi-Storey With Endless Stairs * Menkes-Built, Dwell City Towns * Incredibly Low Maintenance Fees (3 Times Lower Than Condos Of This Size) * Functional 2Br Floorplan Is Ideal For First-Time Homebuyers, Downsizers, Or As A Rental Investment * Lots Of Natural Light, With A Sitting Porch In The Front AND A Balcony In The Back * Suite Features High Quality Laminate Floors, Open Concept Layout, & Smooth Ceilings * Kitchen Has Granite Counters & Stainless Steel Appliances * Lots Of In-Suite Storage * Underground Parking Spot And Large Storage Locker, Ideally Situated Away From Main Driveway Next To Parking Stairwell * Amazing Location: Less Than 10 Mins To Pearson Airport, 5 Min To Sherway Gardens (Mall,) Minutes To 401 Or QEW, With Amenities And TTC All Around * Schools: Broadacres Junior Public School (With French Immersion) Is A 10 Min Walk, Michael Powers (An IB School) Is Just A Short Drive * Put This One On Your Must-See List!
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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 Etobicoke West Mall
Etobicoke West Mall 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 West Mall
- •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
Etobicoke West Mall 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.
7 Applewood Lane Unit 221, Etobicoke (Islington / Rexdale)
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1032/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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 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 Etobicoke West Mall
I know Etobicoke West Mall 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 $2,579 (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.