1806-5162 Yonge Street, Toronto, ON

Willowdale West, Toronto · MLS® C13552630

$698,000
For Sale
Listed 6 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Experience upscale urban living at Gibson Square Condominiums one of the best condos in the heart of North York where convenience meets sophistication. This spacious and modern 2 bedroom suite offers approximately 893 sqft of thoughtfully designed living space with a practical open-concept layout. Enjoy high ceiling, high-quality finishes, and a bright living area that opens onto a generous balcony with stunning East-facing views-perfect for taking in sunrise. Residents benefit from direct subway access and premium building amenities. Just steps away from shops, restaurants, the library, and more, this is city living at its finest. Move in and enjoy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13552630
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
YONGE AND PARK HOME
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$626/mo
Exposure
East
Property tax
$4,336 / 2026
Days on market
6
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Primary BedroomFlat4.20 × 2.90 m

laminate · walk-in closet(s) · 4 pc ensuite

Living RoomFlat5.48 × 3.05 m

laminate · w/o to balcony · combined w/dining

KitchenFlat2.43 × 2.43 m

laminate · modern kitchen · b/i appliances

Dining RoomFlat5.48 × 3.05 m

laminate · east view · combined w/living

Bedroom 2Flat3.50 × 2.80 m

laminate · double closet · window

Moe’s TakeTeam Asgarian · Broker
In line
$698Kest. value

Listed at $698,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 25 similar homes nearby, adjusted for size, beds, and baths.Median of 25 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $890K, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $838K
  • Adjusts to $838K

That comparable adjusts to $838K; the $698K estimate above is the median of all 25 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Willowdale Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Yonge St. @ Park Home Ave. is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$647KGreat deal$751KOverpriced

Total price vs nearby homes. Fair value about $698K, median of 25 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Willowdale West · asking prices
$691kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1915-233 Beecroft Road$699k2308-5508 Yonge Street$728k1610-503 Beecroft Road$729k1507-30 Canterbury Place$650k1202-509 Beecroft Road$649k

The 5 closest of 8 active listings nearby.

See all comparable homes
698kThis home699k728k729k650k649kThis home vs active comparables
Live market pulseActive comparables in Willowdale West · median list $659K
$822this home / sqft
52active listings nearby
6days on market

This home lists 1% below the area average of $832/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Willowdale West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

86/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Yonge St. @ Park Home Ave., about 66 m away

20+ transit stops11 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$441K
Banbury-Don Mills
$500K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C1
$694K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Willowdale Middle School
78%
Willowdale Middle SchoolPublic · Elementary · 1.0 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$3,181/mo
$148KIncome needed
4.7×Price ÷ income
$734Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $3,181Property tax $361Condo fee $626Total carry $4,169

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,980per month

Mortgage amount $558,400 · 4.14% over 25 years

$139,600Down payment (20.0%)
$558,400Loan before insurance
$0CMHC premium
$3,967Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,980
Property tax
$361
Condo / maintenance fees
$626
Heating
$0
Estimated monthly cost
$3,967

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$10,435
Toronto municipal land transfer tax
$10,435
Estimated closing costs
$20,870

Plus your down payment of $139,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,619/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$335,549Total interest paid
$893,949Total of all payments
Principal $558,400 Interest $335,549
YearPrincipalInterestBalance
1$13,081$22,677$545,319
2$13,629$22,129$531,690
3$14,199$21,559$517,491
4$14,793$20,965$502,699
5$15,411$20,347$487,288
6$16,056$19,702$471,232
7$16,728$19,030$454,504
8$17,427$18,331$437,077
9$18,156$17,602$418,921
10$18,916$16,842$400,005
11$19,707$16,051$380,299
12$20,531$15,227$359,767
13$21,390$14,368$338,378
14$22,285$13,473$316,093
15$23,217$12,541$292,876
16$24,188$11,570$268,688
17$25,200$10,558$243,489
18$26,254$9,504$217,235
19$27,352$8,406$189,883
20$28,496$7,262$161,387
21$29,688$6,070$131,700
22$30,930$4,828$100,770
23$32,223$3,535$68,547
24$33,571$2,187$34,975
25$34,975$783$0

At the end of your 5-year term

Total paid over the term
$178,790
Principal paid down
$71,112
Interest paid
$107,677
Balance remaining
$487,288

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.6%
Gross yield
− Property tax $4,336− Condo fees $7,517− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,383

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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