$449,800
Est. payment $1,992/moCalculate yours
557 The East Mall 502, Toronto, ON M9B 4A5
Islington-City Centre West, Etobicoke, ON M9B 4A5
- 2 Beds
- 1 Baths
- 1 Garage
- 900 Sq Ft
Listing courtesy of GOWEST REALTY LTD. MLS® W13838060
About this home
One of the Lowest-Cost Properties to Own in Toronto! The total monthly cost of maintaining this large, completely renovated 2-bedroom co-op apartment is only $628, including all utilities and property taxes. This is arguably one of the lowest monthly ownership costs you will find in Toronto. This spacious and beautifully renovated co-op apartment offers an excellent combination of size, comfort and value. It features two large bedrooms, a beautiful updated kitchen, spacious living and dining areas, and a large balcony perfect for relaxing or entertaining. One covered carport parking space is included. The location is excellent, with easy access to Highway 427, major roads, public transit, shopping, restaurants, parks and everyday amenities. Everything you need is close by, while the surrounding area offers plenty of green space and a convenient Etobicoke lifestyle .This is a rare opportunity to own a large, fully renovated 2-bedroom co-op apartment with parking and a large balcony, while keeping monthly carrying costs exceptionally low. Only $628/month including all utilities and property taxes - an exceptional value in Toronto!
Property details
Overview
- Property Type
- Co-op Apartment
- Style
- Apartment
- For
- For Sale
- Status
- New
- Size
- 900 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Other (Electric)
- Cooling
- Window Unit(s)
- Exterior
- Brick
Lot & Parking
- Parking
- Carport garage · 1 total
Financial
- Condo Fee
- $628/mo
- Fee Includes
- Heat Included, Water Included, Hydro Included, Common Elements Included, Building Insurance Included, Parking Included, Condo Taxes Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Islington-City Centre West
- Cross Street
- Rathburn Rd
Listing
- MLS® Number
- W13838060
- Days on Market
- 19
- Listed On
- 2026-09-29
- Possession
- Flexible
- Listed By
- GOWEST REALTY LTD.
Rooms
Features
Interior
- Carpet Free
- Included
- All existing light fixtures, Fridge, stove & dishwasher.Window AC Unit
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $0
- Condo fees
- $628
- Estimated monthly cost
- $2,620
Your mortgage
- Mortgage amount
- $359,840
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,645
Cash to close
- Down payment
- $89,960
- Land transfer tax (Ontario + Toronto)
- $10,942
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $100,902
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.