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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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557 The East Mall #502 Toronto W08
For SaleIslington

557 The East Mall #502 Toronto W08, Co-op Apartment for Sale

MLS® W13838060

Islington, Toronto, ON

39 days on market
$449,800
Show on Map
Show on Map
2Beds
1Baths
950Sqft
1Parking
Pet Friendly
Co-op Apartment

Overview· 557 The East Mall #502 Toronto

MLS® #W13838060

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!

Inclusions

All existing light fixtures, Fridge, stove & dishwasher.Window AC Unit

Broker

GOWEST REALTY LTD.

Neighbourhood

Islington

Walk 71Avg $1.36MArea guide

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Walk Score®65Somewhat WalkableSomewhat Walkable
Transit Score®49Some TransitSome Transit
Bike Score®53BikeableBikeable
SchoolsLoading school data...Loading school data...
ParksLoading park data...Loading park data...
ConvenienceLoading amenity data...Loading amenity data...
Safety71Safer than 71% of Toronto neighbourhoods (2025)Islington: 1,144 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.
Pet Friendly100Pets are Welcome

Highlights & Amenities· 557 The East Mall #502 Toronto

Source: MLS® listing data
557 The East Mall #502 Toronto

Co-op Apartment

557 The East Mall #502 Toronto

Islington

Type

Co-op Apartment

Basement

None

Parking

Carport (1)

Property Tax

~$0/yr

Heating

Other

Laundry

Coin Operated

Buying Essentials

Maintenance Fee

$628/mo

Fee Includes

Heat · Water · Hydro · Common Elements · Building Insurance · Parking · Condo Taxes

Square Feet

950 sqft

Parking

Carport (1)

Locker

Ensuite

Finances

List Price

$449,800

Price per SQFT

$473/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Co-op Apartment

MLS Size

950 sqft

Exposure

South West

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

Coin Operated

Heating Type

Other

Features

Carpet Free

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Islington

Corp #

0 0

Property Manager

The 557 East Mall Ltd

Listed On

Sep 29, 2026

Price & Listing History

Days on Market

Current: 39 days

0306090120+

Rooms

Living Room(Flat)

Laminate, W/O To Balcony

22.0 x 12.0

265 sqft

Primary Bedroom(Flat)

Laminate

15.9 x 11.0

175 sqft

Dining Room(Flat)

Laminate

10.0 x 8.1

81 sqft

Bedroom(Flat)

Laminate

10.6 x 10.4

110 sqft

Kitchen(Flat)

Renovated

9.8 x 7.7

76 sqft

RoomsDimensionsFeaturesSqft
Living Room(Flat)22.0 x 12.0Laminate, W/O To Balcony265
Primary Bedroom(Flat)15.9 x 11.0Laminate175
Dining Room(Flat)10.0 x 8.1Laminate81
Bedroom(Flat)10.6 x 10.4Laminate110
Kitchen(Flat)9.8 x 7.7Renovated76

Rooms

5

Listed Room Area

707 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Schools closest to 557 The East Mall #502 Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,809/mo
Total Monthly$1,809

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0