716 The West Mall N/A Unit 1208, Toronto W08

Price: $549,999

2 bedrooms, 1 bathrooms

1,200 sqft

Property Type: Condo

MLS#: W13781318

Bright & Very Spacious 2 Bedroom + Den Condo in Desirable Central Location! Absolutely Perfect for Singles or Small Family. This Suite Offers a Spacious Open-Concept Layout w/Enclosed Balcony Overlooking Downtown! Large Eat-in Kitchen, 2 Bright Large Bedrooms + a Den; Perfect For Office, Family Room, Kid's Play Room or 3rd Bedroom! Ample Closet + Storage Space in this one! Master Bedroom incl. Large Walk-In Closet and Two Large, Bright Windows Overlooking Downtown! Move In-Ready in Desirable Etobicoke Neighbourhood! Close To Airport, Centennial Park, Public Transit, Shopping, Great Schools, 427 & 401. 20 Mins To Downtown Toronto. Motivated Seller. Photos are virtually staged.

716 The West Mall N/A Unit 1208 - Condo photo 1 of 13 in Etobicoke (Islington / Rexdale), Ontario
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$549,999 - 716 The West Mall N/A Unit 1208, Etobicoke

Condo for Sale in Etobicoke

Neighbourhood: Eringate-Centennial-West Deane

2Beds
1Baths
1,200Sq Ft
Condo

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Property Details
MLS Number
W13781318
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
2
Bathrooms
1
Square Feet
1,200 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$1,446
Maintenance Fees
$1,014/mo
Locker
None
Exposure
South East
Balcony
Enclosed
Listing Brokerage
NEST SEEKERS INTERNATIONAL REAL ESTATE
Description

Bright & Very Spacious 2 Bedroom + Den Condo in Desirable Central Location! Absolutely Perfect for Singles or Small Family. This Suite Offers a Spacious Open-Concept Layout w/Enclosed Balcony Overlooking Downtown! Large Eat-in Kitchen, 2 Bright Large Bedrooms + a Den; Perfect For Office, Family Room, Kid's Play Room or 3rd Bedroom! Ample Closet + Storage Space in this one! Master Bedroom incl. Large Walk-In Closet and Two Large, Bright Windows Overlooking Downtown! Move In-Ready in Desirable Etobicoke Neighbourhood! Close To Airport, Centennial Park, Public Transit, Shopping, Great Schools, 427 & 401. 20 Mins To Downtown Toronto. Motivated Seller. Photos are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.78/mo

Includes CMHC insurance ($15,345)

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5%10%50%

5-yr fixed avg.

Principal: $494,999Interest: $336,190
Mortgage Amount$510,344
Total Interest$336,190
Est. Property Tax$390/mo
Total Cost$846,534

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: Eringate-Centennial-West Deane

Discover Eringate-Centennial-West Deane

Eringate-Centennial-West Deane 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 Eringate-Centennial-West Deane

  • •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

Eringate-Centennial-West Deane 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

716 The West Mall N/A Unit 1208, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$1,014
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,001

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 $458/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.

Market Position

At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $1014/month fees should cover building insurance, common elements, and reserve contributions.

About Eringate-Centennial-West Deane

I know Eringate-Centennial-West Deane 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 $2,292 (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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    716 The West Mall N/A Unit 1208 | $549,999 | Battaglia Team