7 MABELLE Avenue Unit 1406, Toronto W08

Price: $479,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13805100

Welcome to 7 Mabelle Avenue, ideally located in the heart of Toronto's vibrant Islington City Centre. This bright and modern one-bedroom plus den condo offers a functional open-concept layout designed for comfortable urban living. The versatile den is perfect for a home office, study area or guest space. Enjoy the convenience of one included parking spot, along with easy access to Islington Subway Station, shopping, restaurants, parks and major highways. An excellent opportunity for professionals, couples or anyone seeking a stylish home in a well-connected Toronto neighbourhood.

7 MABELLE Avenue Unit 1406 - Condo photo 1 of 1 in Etobicoke (Islington / Rexdale), Ontario
active
New Listing
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$479,000 - 7 MABELLE Avenue Unit 1406, Etobicoke

Condo for Sale in Etobicoke

New — Listed 3 days ago

Neighbourhood: Islington-City Centre West

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13805100
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to 7 Mabelle Avenue, ideally located in the heart of Toronto's vibrant Islington City Centre. This bright and modern one-bedroom plus den condo offers a functional open-concept layout designed for comfortable urban living. The versatile den is perfect for a home office, study area or guest space. Enjoy the convenience of one included parking spot, along with easy access to Islington Subway Station, shopping, restaurants, parks and major highways. An excellent opportunity for professionals, couples or anyone seeking a stylish home in a well-connected Toronto neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

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5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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: Islington-City Centre West

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

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

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.

70
Walk Score
Varies
Price Range

7 MABELLE Avenue Unit 1406, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$1,371

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 $798/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. 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 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.

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    7 MABELLE Avenue Unit 1406 | $479,000 | Battaglia Team