Gurvinder Nokwal REALTOR®
For Sale Co-op Apartment 19 days on market

$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
Map

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

Room Level Dimensions
Living Room Flat 22′ 1″ × 12′ 0″
Primary Bedroom Flat 15′ 11″ × 10′ 11″
Dining Room Flat 10′ 0″ × 8′ 1″
Bedroom Flat 10′ 7″ × 10′ 5″
Kitchen Flat 9′ 10″ × 7′ 9″

Features

Interior

  • Carpet Free
Included
All existing light fixtures, Fridge, stove & dishwasher.Window AC Unit

Mortgage calculator

Minimum for this price: $22,490 (5%)

Amortization, years

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
Total, before legal fees
$100,902
Talk to me about financing

Estimates 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

557 The East Mall 502, Toronto, ON M9B 4A5 Islington-City Centre West, Etobicoke, ON M9B 4A5
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Also listed as MLS® W13675166

Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$449,800 557 The East Mall 502, Toronto, ON M9B 4A5
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