$399,998 - 840 Queens Plate Drive Unit 1207, Etobicoke
Condo for Sale in Etobicoke
65 days on market- MLS Number
- W13074220
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to the Lexington Condominium-an unbeatable opportunity for those entering the market or looking to invest in a growing area. This bright and modern 568 SQFT 1-bedroom, 1-bath condo has 9 ft ceilings, spacious living area, in addition to a breathtaking 121 SQFT wraparound balcony with simultaneous views of green space, the Humber River and the CN Tower. A perfect place for your morning cup of coffee. The sleek kitchen has stainless steel appliances, granite countertops, extended cabinetry with plenty of storage and prep space as well as breakfast bar for entertaining. Upgraded pendant lighting illuminates the seating space. The generously sized bedroom includes a large walk-in closet. The unit is filled with natural light throughout. Custom blinds are included. Close to Hwys 27/427/401/409, shopping and Woodbine Casino and Racetrack, U of Guelph/Humber College, Hospital, Parks and much more. LRT and GO Station coming soon!
Estimate your monthly payments for this property
Estimated Payment
$2,052.20/mo
Includes CMHC insurance ($11,160)
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 / Rexdale)
Etobicoke (West Mall / 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 (West Mall / Rexdale)
- •Convenient location in Etobicoke (West Mall / 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 / 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.
840 Queens Plate Drive Unit 1207, Etobicoke (West Mall / Rexdale)
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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
Competitive Pricing
At $800/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 65 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 500 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.