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518 - 7 Smith Crescent

Stonegate-Queensway, Toronto

$499,950

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to Queensway Park Condos at 7 Smith Cres, a well-managed 9-storey low-rise residence in the heart of South Etobicoke, offering a quieter and more private living environment, surrounded by parks and everyday conveniences.This bright south-facing suite features 10-foot ceilings, floor-to-ceiling windows, and a highly efficient open-concept layout that maximizes space for living, dining, working from home, and entertaining. Extensive upgrades and high-end finishes throughout are complemented by a rare walk-in closet, ample in-suite storage, and custom built-in blinds for added privacy.Enjoy outdoor living on a large open balcony with nice open view. Residents have access to excellent amenities including gym, concierge, visitor parking, party room, hobby room, dog wash station, kids' playroom, and more.Steps to transit, walk to Costco, parks, and shops, with quick access to GO Station, Gardiner Expressway, and Highway 427, and an easy bike ride to Humber Bay Park and the waterfront. Located in a family-friendly neighbourhood with access to established schools and community facilities.A rare opportunity for quality condo living in Etobicoke.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$406
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,443
mls© NumberW12853894
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
Building Insurance Included
CAC Included
Heat Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$204
Heat allowance
$150
Condo fees, half counted
$203
Housing costs
$3,115 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,990
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,990

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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