$564,998 - 840 Queens Plate Drive Unit 1605, Etobicoke
New Construction for Sale in Etobicoke
34 days on marketNeighbourhood: West Humber-Clairville
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- MLS Number
- W13740592
- Property Type
- New Construction
- Status
- active
- Days on Site
- 34
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Taxes (2026)
- $3,553
- Maintenance Fees
- $865/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rare opportunity to own a spacious and meticulously maintained sub-penthouse offering 2 bedrooms, a den, and 2 bathrooms with soaring 10-ft ceilings and stunning views of lush greenspace and hiking trails. This 966 sq. ft. 16th-floor residence features abundant natural light and a generous 176 sq. ft. balcony that seamlessly extends the living space outdoors. The upgraded kitchen offers extended cabinetry and ample granite counter space, ideal for both everyday living and entertaining. The open-concept layout creates an inviting setting for gatherings, while both bedrooms feature oversized windows and walk-in closets. The versatile den is perfect for a home office, playroom, or additional living space. Ideally located steps from shopping, transit, and entertainment, and minutes from William Osler Health Centre, Humber College, the University of Guelph-Humber, and major highways.
Estimate your monthly payments for this property
Estimated Payment
$2,898.73/mo
Includes CMHC insurance ($15,763)
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 West Humber-Clairville
West Humber-Clairville 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 West Humber-Clairville
- •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
West Humber-Clairville 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 1605, Etobicoke (West Mall / 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
Competitive Pricing
At $628/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 34 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.
Efficient Living
At 900 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About West Humber-Clairville
I know West Humber-Clairville 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 $2,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.