7 Smith Crescent Unit 609, Toronto W07

Price: $675,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13666064

Welcome to this spacious split bedroom 2 bdrm, 2 washroom condo (approx 850 sqft) at a stylish & modern boutique building on The Queensway. Featuring expansive and open north west views with great summer sunsets off the balcony. This north facing unit is tucked away from the traffic of The Queensway & boasts a clear unobstructed view over The Queensway park. Practical kitchen island serves a dining table, storage and counterspace. Custom blinds: primary bedroom with blackout roller shades & living room with light filtering. Building amenities incl: well equipped & bright gym, extensive rooftop deck with 2 BBQ areas, community garden plots, kids playroom, lounge, games & hobby room. All kind of amenities are just steps away: from groceries, restaurants, cafes, salons, pet related services and more. Other nearby amenities: Movie Theatre, Costco, Ikea, Sherway Gardens, Titan Islington Plaza, Kipling-Queensway Mall. Loads of parks: Humber Bay Parks, Grand Avenue Park, Mimico Creek Park, High Park. Schools: Castelbar Junior, Norseman Middle, Etobicoke Collegiate, Holy Angels Catholic School, as well as the highly ranked Etobicoke School for the Arts. Hospitals: Queensway Health Center, St.Joseph's Health Center. Easy Commute: quick access to Gardiner Expwy, Hwy 427. Hop on the TTC light rail on The Queensway and connect to Bloor-Danforth subway line, Mimico Go Station. Some furnishings avail for sale.

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$675,000 - 7 Smith Crescent Unit 609, Corso Italia

Condo for Sale in Corso Italia

Popular Listing

Neighbourhood: Stonegate-Queensway

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13666064
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE/BAYVIEW REALTY INC.
Description

Welcome to this spacious split bedroom 2 bdrm, 2 washroom condo (approx 850 sqft) at a stylish & modern boutique building on The Queensway. Featuring expansive and open north west views with great summer sunsets off the balcony. This north facing unit is tucked away from the traffic of The Queensway & boasts a clear unobstructed view over The Queensway park. Practical kitchen island serves a dining table, storage and counterspace. Custom blinds: primary bedroom with blackout roller shades & living room with light filtering. Building amenities incl: well equipped & bright gym, extensive rooftop deck with 2 BBQ areas, community garden plots, kids playroom, lounge, games & hobby room. All kind of amenities are just steps away: from groceries, restaurants, cafes, salons, pet related services and more. Other nearby amenities: Movie Theatre, Costco, Ikea, Sherway Gardens, Titan Islington Plaza, Kipling-Queensway Mall. Loads of parks: Humber Bay Parks, Grand Avenue Park, Mimico Creek Park, High Park. Schools: Castelbar Junior, Norseman Middle, Etobicoke Collegiate, Holy Angels Catholic School, as well as the highly ranked Etobicoke School for the Arts. Hospitals: Queensway Health Center, St.Joseph's Health Center. Easy Commute: quick access to Gardiner Expwy, Hwy 427. Hop on the TTC light rail on The Queensway and connect to Bloor-Danforth subway line, Mimico Go Station. Some furnishings avail for sale.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,463.10/mo

Includes CMHC insurance ($18,833)

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5-yr fixed avg.

Principal: $607,500Interest: $412,597
Mortgage Amount$626,333
Total Interest$412,597
Est. Property Tax$478/mo
Total Cost$1,038,930

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: Stonegate-Queensway

Discover Stonegate-Queensway

Stonegate-Queensway 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 Stonegate-Queensway

  • Convenient location in Corso Italia / Dufferin Grove
  • 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

Stonegate-Queensway 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 Smith Crescent Unit 609, Corso Italia / Dufferin Grove

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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)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$478
Insurance (est.)-$141
Net Cash Flow+$1,061

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

Fair Market Value

At $844/sqft, this property is priced in line with current Corso Italia 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 800 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 Stonegate-Queensway

I know Stonegate-Queensway 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: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,813 (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.

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    7 Smith Crescent Unit 609 | $675,000 | Battaglia Team