707-30 Gibbs Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W12549186

$699,000
For Sale
Listed 244 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Ideally located near 427 exit. High-end living. Rare find 3 bedrooms and 2 washroom unit for any size of family. Ideally priced to sell fast. It's vacant. Photos to show if staged, furniture is removed to give it a fresh paint for you to feel like entering in a new unit. This unit has advantage to overlook garden that gives extra pleasure to occupants. This project have private shuttle. The unit comes with a car parking spot and a locker. Shop in Sherway Mall, Cloverdale Mall, IKEA, Home Depot, Walmart, Loblaws and much more. Kipling Subway is minutes away. This is the project like no other. Buy your dream for less.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12549186
Bedrooms
3
Bathrooms
2
Size
800-899
Cross streets
Bloor & East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$782/mo
Exposure
West
Property tax
$2,520 / 2024
Days on market
244
Listing brokerage
MIZONE REALTY INC.

Rooms

Bedroom 2Flat2.87 × 2.52 m

large window · large closet · laminate

Bedroom 3Flat2.46 × 2.44 m

laminate · large window · large closet

Primary BedroomFlat3.35 × 2.77 m

3 pc ensuite · walk-in closet(s) · large window

Living RoomFlat4.57 × 3.10 m

laminate · overlook patio · large window

KitchenFlat3.74 × 2.36 m

centre island · open concept · combined w/dining

Moe’s TakeTeam Asgarian · Broker
Above comparables
$630Kest. value

Listed at $699,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $477K, lower 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 $630K
  • Adjusts to $630K

That comparable adjusts to $630K; the $630K estimate above is the median of all 7 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.

The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. The East Mall at Gibbs Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$625KGreat deal$699KOverpriced

Total price vs nearby homes. Fair value about $630K, median of 7 comparables.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$684kavg asking

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

303-1195 The Queens Way$699k2623-9 Mabelle Avenue$649k710-1040 The Queensway$755k1108-36 Zorra Street$685k1802-9 Valhalla Inn Road$630k

The 5 closest of 7 active listings nearby.

See all comparable homes
699kThis home699k649k755k685k630kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $565K
$823this home / sqft
50active listings nearby
244days on market

This home lists 13% above the area average of $731/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

Islington-City Centre 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

76/ 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: The East Mall at Gibbs Rd, about 195 m away

20+ transit stops4 grocery20+ dining19 parks9 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.

Mimico
$800K
Waterfront Communities C1
$688K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,186/mo
$146KIncome needed
4.8×Price ÷ income
$735Weekly 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 $3,186Property tax $210Condo fee $782Total carry $4,178

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)
$2,984per month

Mortgage amount $559,200 · 4.14% over 25 years

$139,800Down payment (20.0%)
$559,200Loan before insurance
$0CMHC premium
$3,976Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$210
Condo / maintenance fees
$782
Heating
$0
Estimated monthly cost
$3,976

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

One-time closing costs

Ontario land transfer tax
$10,455
Toronto municipal land transfer tax
$10,455
Estimated closing costs
$20,910

Plus your down payment of $139,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$336,030Total interest paid
$895,230Total of all payments
Principal $559,200 Interest $336,030
YearPrincipalInterestBalance
1$13,100$22,709$546,100
2$13,648$22,161$532,452
3$14,219$21,590$518,233
4$14,814$20,995$503,419
5$15,433$20,376$487,986
6$16,079$19,730$471,907
7$16,751$19,058$455,155
8$17,452$18,357$437,703
9$18,182$17,627$419,521
10$18,943$16,866$400,578
11$19,735$16,074$380,843
12$20,561$15,249$360,283
13$21,421$14,389$338,862
14$22,317$13,493$316,546
15$23,250$12,559$293,296
16$24,222$11,587$269,073
17$25,236$10,573$243,838
18$26,291$9,518$217,546
19$27,391$8,418$190,155
20$28,537$7,272$161,619
21$29,730$6,079$131,888
22$30,974$4,835$100,914
23$32,270$3,540$68,645
24$33,619$2,190$35,026
25$35,026$784$0

At the end of your 5-year term

Total paid over the term
$179,046
Principal paid down
$71,214
Interest paid
$107,832
Balance remaining
$487,986

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 $2,520− Condo fees $9,384− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,332

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

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