502 - 557 The East Mall, Toronto, ON M9B 4A5
Islington-City Centre West, Toronto · Near Rathburn Rd · View map
About this home
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!
The home
- Type
- Co-op Apartment
- Square footage
- 900-999 sq ft
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 5
- Floor
- 5th
- Exposure
- South West
- Balcony
- Open
- Laundry
- Coin Operated
Building & fees
- Maintenance fee
- $628.00/mo
- Fee includes
- Heat, Water, Hydro, Common Elements, Building Insurance, Parking, Condo Taxes
- Condo corporation
- 0 0
- Property management
- The 557 East Mall Ltd
- Pets
- Allowed, with restrictions
- Locker
- Ensuite
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Electric
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Parking
- Parking spaces
- 1
- Garage
- Carport
Taxes & other
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Rathburn Rd
- Neighbourhood
- Islington-City Centre West
More
- Price per sq ft
- ~$473 (at 950 sq ft)
- Listed
- Sep 29, 2026 · 12 days ago
- MLS® number
- W13838060
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Included in the maintenance fee
- Heat
- Water
- Hydro
- Common Elements
- Building Insurance
- Parking
- Condo Taxes
The unit and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
557 The East Mall N/A, Toronto, ON M9B 4A5
Islington-City Centre West, Toronto · Near Rathburn Rd
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Listing history for 557 The East Mall N/A
See what this unit and others in the building were listed for, what they sold for, and how long it took.
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Frequently asked questions about 502 - 557 The East Mall
Answers come straight from this condo’s MLS® listing.
How much is 502 - 557 The East Mall listed for?
502 - 557 The East Mall is listed for $449,800. With 20% down ($89,960), the mortgage payment would be roughly $1,814 a month at 4.5% over 30 years, before the maintenance fee and property tax. That figure is an illustration, not a quote.
How many bedrooms and bathrooms does 502 - 557 The East Mall have?
502 - 557 The East Mall has 2 bedrooms and 1 bathroom.
How big is 502 - 557 The East Mall?
The listing puts the unit between 900 and 999 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.
What type of home is 502 - 557 The East Mall?
502 - 557 The East Mall is a co-op apartment in Islington-City Centre West, Toronto. The unit is on the 5th floor, facing south west.
What are the maintenance fees at 502 - 557 The East Mall, and what do they cover?
The maintenance fee is $628.00 a month. The listing says it covers heat, water, hydro, common elements, building insurance, parking, condo taxes. Fees can change, so confirm the current amount in the status certificate.
Does 502 - 557 The East Mall come with parking and a locker?
The listing includes 1 parking space. The locker is listed as ensuite.
Are pets allowed at 502 - 557 The East Mall?
Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.
How is 502 - 557 The East Mall heated and cooled?
Heating is (electric). Cooling is window unit(s).
What neighbourhood is 502 - 557 The East Mall in?
502 - 557 The East Mall is in the Islington-City Centre West community of Toronto. The nearest main intersection is Rathburn Rd. The postal code is M9B 4A5.
Is 502 - 557 The East Mall still for sale?
Yes. 502 - 557 The East Mall is an active listing (MLS® W13838060), on the market since September 29, 2026. Listings here update from the board through the day and come down once a condo sells.
What have condos at 557 The East Mall N/A sold for?
Recent sales, leases and expired listings for this unit and the rest of the building are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 502 - 557 The East Mall?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this condo and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.