238 Albion Road 208

Elms-Old Rexdale, Toronto, M9W 6A7 · More in this building

$489,999

Reduced $9,001 from $499,000

3 bedrooms
2 bathrooms
2 parking
1000-1199 sq ft

Listed 64 days ago · MLS® W13683256

About this home

Once-in- Opportunity to own this fantastic apartment, one of the Best ! Around 1200 sq. ft.3-bedroom, 2-3 pc. bathroom, 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 neighborhood with strong rental appeal. Featuring a bright and functional layout, laminate flooring throughout, large new 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 , 2 underground Parking ,Visitor Parking. A rare 3-bedroom layout, an unbeatable location, and outstanding potential-this is one you won't want to miss. Monthly maintenance fees include all major utilities-hydro, water, heating, central air conditioning-as well as 2 underground parking spots, making ownership both simple and cost-effective. EXTRAS: SS Fridge, SS Stove, SS Dishwasher. New Vents, New Thermostat, very nice Kitchen and Washrooms.

Details

Type: Condo Apartment
Style: Apartment
Size: 1000-1199 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $1,021 (2026)
Maintenance fee: $1,205/month
Neighbourhood: Elms-Old Rexdale
Municipality: Toronto W10
Price per sq ft: $446 (13% above condo apartments in Elms-Old Rexdale, $395)
Fee per sq ft: $1.10/month (Toronto median $0.92)

Interior

Bedrooms: 3 above ground
Bathrooms: 2 × 3-piece (flat)
Rooms: 6 above ground
Family room or den: No
Fireplace: Electric, Living Room
Laundry: In-Suite Laundry, Ensuite
Features: Auto Garage Door Remote, Carpet Free, Countertop Range, Primary Bedroom - Main Floor

Heating, cooling and services

Heating: Forced Air, Electric
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick
Roof: Asphalt Rolled
Foundation: Block, Concrete

Parking

Garage spaces: 2
Total parking: 2

Condo

Monthly fee: $1,205
Fee includes: Heat Included, Hydro Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
Amenities: Elevator, Party Room/Meeting Room, Visitor Parking
Balcony: Open
Exposure: North West
View: Clear
Pets: Yes-with Restrictions
Security: Alarm System, Security System, Smoke Detector
Property manager: Orion management

Possession: 60 days or to be arranged
Nearby: Hospital, Public Transit, Ravine, School, School Bus Route
Cross street: Weston

Rooms

Room	Level	Size	Features
Living Room	Main	3.86 × 5.3 m (12'8" × 17'5")	Laminate, Overlooks Dining, W/O To Balcony
Dining Room	Main	3.8 × 3.06 m (12'6" × 10')	Combined w/Living, Laminate, Marble Fireplace
Kitchen	Main	3.97 × 2.76 m (13' × 9'1")	Quartz Counter, Ceramic Floor, Ceramic Backsplash
Primary Bedroom	Main	3.07 × 4.86 m (10'1" × 15'11")	Laminate, Walk-In Closet(s), 3 Pc Ensuite
Bedroom 2	Main	2.9 × 3.93 m (9'6" × 12'11")	Laminate, Large Window, Closet
Bedroom 3	Main	1.86 × 2.44 m (6'1" × 8')	Laminate, Large Window, Closet
Laundry	Main	1.88 × 1.7 m (6'2" × 5'7")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

🚆 Etobicoke North GO2.4 km

Within a 10-minute walk: no grocery stores, 4 cafés and restaurants, 7 parks. Nearest park: Louise Russo Park (300 m).

Schools nearby

Elementary

The Elms Junior Middle School
EQAO: Gr 6 reading 74%, math 28%11 min walk
Braeburn Junior School
EQAO: Gr 3 reading 71%, math 61%11 min walk
St. Stephen Catholic School Catholic
EQAO: Gr 6 reading 78%, math 31%13 min walk
Elmlea Junior School
EQAO: Gr 3 reading 57%, math 39%14 min walk

Secondary

Can-AIM High School10 min walk
St. Basil-the-Great College School Catholic
EQAO: Gr 9 math 45%, literacy test 71%17 min walk
Thistletown Collegiate Institute
EQAO: Gr 9 math 33%, literacy test 78%1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M9W

Owners / renters: 58% / 42%
Median household income: $85,000
Average age: 41
Children under 15: 15%
Homes: 37% detached, 32% high-rise
Commute by transit: 22%
Population: 40,977

Languages spoken most at home besides English: Punjabi (Panjabi) 6.8%, Spanish 3.2%, Gujarati 2.4%, Tagalog (Pilipino, Filipino) 1.5%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Toronto and Region Conservation Authority): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Elms-Old Rexdale (2025): 23% above the Toronto average, down 5% from the year before.

Assaultabout average
Break and enterabout average
Auto theft116% above average
Robbery77% above average
Theft from vehicles25% below average
Shootings143% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Toronto and Region Conservation Authority open data. Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 16 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RAC

Residential Apartment Commercial (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

Other · 2024 · Inspection
Proposed replacement of windows at each unit. No alternations on sizes or structural components.
Interior Alterations · 2023 · Closed
Proposal for interior alterations
Balcony/Guard Repairs · 2015 · Permit Issued
Permit for balcony repair/guard replacement at existing apartment building.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

8 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ULTIMATE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $2,146
Property tax: $85
Maintenance: $1,205
Total: $3,436

$98,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $98,000
Land transfer tax (Ontario + Toronto): $12,666
Legal and other costs: ~$2,500
Total: $113,166

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$3,000/month

Typical asking rent for 3 bedroom condos like this within 3.5 km (5 for rent now; most $2,800–$3,300).

As a rental, with 20% down

Rent: $3,000
Mortgage: −$2,146
Property tax: −$85
Maintenance fee: −$1,205
Insurance, repairs, vacancy: −$215
Cash flow: −$651/month

Cap rate 3.7% · gross yield 7.3%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby