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408 - 238 Albion Road
Elms-Old Rexdale, Toronto
$389,999
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.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,195 |
| Locker | None |
| Balcony | Open |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $943 |
| mls© Number | W13649770 |
| Listed By | RE/MAX PREMIER INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,996
- Property tax
- $79
- Heat allowance
- $150
- Condo fees, half counted
- $598
- Housing costs
- $2,822 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $78,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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