Condos For Sale In Etobicoke
Looking for condos for sale in Etobicoke? This article provides a comprehensive overview of your expectations: average prices, top amenities, and the unique advantages of living in this vibrant area. Whether you’re buying as a resident or investor, you’ll find valuable insights here.
Condos in Etobicoke: An Overview
In recent years, Etobicoke has emerged as an attractive alternative to downtown Toronto, offering more affordable condos for sale without sacrificing the urban experience.
Nestled between Lake Ontario, the Humber River, and Mississauga, Etobicoke is a diverse and vibrant area of Toronto.
In early 2023, condos in Etobicoke were listed at an average price of approximately $637,654, considerably lower than the $726,664 average in downtown Toronto.
This price gap, however, is narrowing, making it an opportune time to explore Etobicoke condos with Re Max.
Real estate experts at Re Max highlight this trend, showcasing the potential for both buyers and investors. With Re Max, you can find the perfect condo to fit your needs in this burgeoning market.
Real Estate in Etobicoke
Etobicoke’s real estate landscape is as diverse as its job market, offering a range of options from modern high-rise condos to boutique mid-rises.
Condo prices in Etobicoke vary widely, making the area accessible for first-time buyers and those seeking premium properties.
Etobicoke condos, like the Royal Lepage by Signature Realty, come with various amenities such as fitness centers, rooftop terraces, and concierge services, adding to the overall living experience. Real Estate Centre Inc is a notable player in this market, providing comprehensive services to potential buyers.
Investing in Condos in Etobicoke
Investing in condos for sale in Etobicoke Toronto condo market can be a wise decision, given the strong rental demand and potential for appreciation. The area’s growing population and limited housing supply ensure a vast pool of potential tenants. Adding to this demand are the Humber College and University of Guelph campuses, contributing to a steady stream of student tenants.
The high potential for equity gains in Islington City Centre West in Etobicoke Toronto condos increases investors’ purchasing power over time, making them a promising investment in the home realty market.
Location & Accessibility
Etobicoke’s strategic location provides easy access to the following highways:
- QEW
- Highway 427
- Highway 401
- Highway 409
Residents of Islington City Centre West in Etobicoke Toronto can reach Pearson Airport in less than 20 minutes by car, adding to the area’s convenience.
Public transportation is also well catered for in Islington City Centre West, with several TTC Subway Stations including Royal York Station, Islington, and Kipling Station. Additionally, the area is served by four GO Transit Stations: Mimico, Long Branch, Kipling, and Etobicoke North, ensuring seamless travel across the region.
The city is well-connected with public transit, including the 405 Etobicoke bus route nearby. Additionally, Islington Station, westbound platform is just a 4-minute drive away.
Entertainment in Etobicoke
Beyond its residential appeal, Etobicoke Toronto is home to several shopping centers, including Sherway Gardens, a premier shopping destination boasting over 200 stores and numerous dining options. Whether you’re a shopaholic or a foodie, Sherway Gardens caters to your every whim.
Condos in Etobicoke For Sale:
Etobicoke’s condo market is constantly evolving, with several new developments currently on sale. Edenbridge Kingsway Condosset to be completed by 2025, is currently selling. Offering a blend of luxury and convenience, this development is sure to attract prospective homeowners.
900 The East Mall Condos, with an expected completion date in 2027, are another exciting development in the area. Similarly, Mirabella Condos are currently being sold and are expected to be completed by 2027, offering state-of-the-art amenities and stunning architecture.
Noteworthy developments also include Arcadia District Master Planned Community and Curio Condos, both expected to be completed in 2025.
These developments provide modern amenities and are designed to cater to the growing demand for urban living within a suburban setting. Working with RE MAX can help you stay updated on these and other new listings.
Additionally, check our Etobicoke new condos section!
FAQs
How is the job market in Etobicoke?
The job market in Etobicoke is thriving and offers numerous opportunities across various sectors including food, beverage, manufacturing, and more, so it’s a great place to explore employment options.
What are the transit options in Etobicoke?
Etobicoke offers various transit options, including major expressways, the TTC subway system, and four suburban rail stations of GO Transit, providing efficient transportation for residents and visitors.
What are the benefits of investing in Etobicoke’s condo market?
Investing in Etobicoke’s condo market offers strong rental demand, potential for appreciation, and lower costs compared to detached homes. These benefits make it a lucrative investment option.
Our Verdict
With its unique blend of city living mixed with suburbia within Toronto city limits, easy access to downtown Toronto, and affordable living, Etobicoke presents an ideal choice for those looking to buy a condo.
Its diverse real estate options, thriving job market, and abundance of green spaces make it a worthy consideration for homeowners and investors alike.