$389,999

For sale

#408 238 Albion Road, Toronto (Elms-Old Rexdale) - Single Family for Sale

#408 238 Albion Road, Toronto (Elms-Old Rexdale), Ontario, M9W6A7

3 beds2 baths1 parking1,100 ft²$1,195/mo condo feeListed 89 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. Listed at $389,999, it is attractively priced about 8% below the $424,900 median asking price in Toronto.

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Description

Opportunity is knocking! Spacious 1,174 sq. ft. 3-bedroom, 2-bathroom condo in one of Etobicoke's most sought-after locations. Whether you're a first-time buyer, growing family, or investor, this home offers exceptional value in a high-demand neighbourhood with strong rental appeal.Featuring a bright and functional layout, laminate flooring throughout, large windows that fill the space with natural light, in-suite laundry, and a generous private balcony perfect for relaxing or entertaining.Conveniently located just minutes from Highway 401 and major commuter routes, with schools, shopping, parks, golf courses, public transit, and places of worship all within easy reach.Building Amenities: Fitness Centre, Party Room ,Underground Parking ,Visitor Parking. A rare 3-bedroom layout, an unbeatable location, and outstanding potential-this is one you won't want to miss. (id:66096)

Property Details

MLS®: W13649770
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,195/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $943/yr
Listed: 89 days ago

Rooms

Main level

Kitchen: 3.79 x 2.64 meters
Eating area: 2.76 x 2.91 meters
Family room: 5.84 x 3.87 meters
Primary Bedroom: 4.73 x 3.08 meters
Bedroom 2: 3.45 x 2.88 meters
Bedroom 3: 4.28 x 2.98 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan
Flooring: Laminate
Exterior: Brick
Lot Features: Elevator, Wheelchair access, Balcony, Carpet Free, Laundry- Coin operated

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

89d

Toronto (Elms-Old Rexdale) listings, avg age

63d

Price / ft²

$355

List price

$390K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Elms-Old Rexdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX PREMIER INC. · FRANCA RENDE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $389,999, about 4.6× the local median household income of $85,000.

Carrying it typically needs a household income of about $76,180 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$389,999· $355/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,499.95

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,820 capitalized)

Property tax (est.)$79/mo

Condo fee$1,195/mo

Total monthly$3,328

Cash Needed to Close

Down payment (5%)$19,500

Land transfer tax$8,650

Est. closing costs$3,670

Total cash needed$31,820

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