3107-30 Gibbs Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W12940088

$599,000
For Sale
Listed 113 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Stop Settling For Compromised Square Footage And Move Into One Of The Best Floor Plan At 30 Gibbs Rd. Delivering Nearly 900 Square Feet Of Pure Functionality, This Rare 3-Bedroom, 2-Bathroom Residence Represents A Level Of Utility And Status Rarely Seen In Modern Builds. The Interior Footprint Is Optimized For Peak Layout Usage And A Bright Living Area Flooded With Natural Light. Step Out Onto A Massive 117 Square Foot Circular Balcony That Captures Commanding Views Of The Downtown Skyline And The Lake. Positioned For Location Dominance, This Unit Is A Commuter's Dream With Immediate Access To The 427, QEW, And 401, Plus Rapid Transit Via The Kipling-Bloor Subway Hub. Experience The Difference Of A Realistic Three-Bedroom Layout Where Every Square Foot Is Designed For Lifestyle And Maximum ROI. One Parking Included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12940088
Bedrooms
3
Bathrooms
2
Size
800-899
Cross streets
Bloor St W & The East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$757/mo
Exposure
South East
Property tax
$3,061 / 2025
Days on market
113
Listing brokerage
REMAX YOUR COMMUNITY REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$543Kest. value

Listed at $599,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Islington-City Centre West lately, sellers have been getting about 96% of asking and homes sell in about 37 days.

Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $658K, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $490K
  • Bedrooms +$30K
  • Adjusts to $520K

That comparable adjusts to $520K; the $543K estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$365KGreat deal$605KOverpriced

Total price vs nearby homes. Fair value about $543K, median of 96 comparables.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$638kavg asking

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

1802-9 Valhalla Inn Road$630k2623-9 Mabelle Avenue$649k709-10 Gibbs Road$565k1108-36 Zorra Street$647k303-1195 The Queens Way$699k

The 5 closest of 7 active listings nearby.

See all comparable homes
599kThis home630k649k565k647k699kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $565K
$705this home / sqft
45active listings nearby
113days on market
96sold nearby · 90 days
$531Kmedian sold price
96%of asking, on average

This home lists 4% below the area average of $733/sqft.

112 days longer than the Toronto average (1 days).

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.

Nearby neighbourhoods

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

Etobicoke West Mall
$565K
Mimico
$590K
Niagara
$701K
Waterfront Communities C1
$652K
Bay Street Corridor
$471K

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
$2,730/mo
$130KIncome needed
4.6×Price ÷ income
$630Weekly 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.

73%mortgage
Mortgage $2,730Property tax $255Condo fee $757Total carry $3,742

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,557per month

Mortgage amount $479,200 · 4.14% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,569Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,557
Property tax
$255
Condo / maintenance fees
$757
Heating
$0
Estimated monthly cost
$3,569

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

One-time closing costs

Ontario land transfer tax
$8,455
Toronto municipal land transfer tax
$8,455
Estimated closing costs
$16,910

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,106/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

$287,957Total interest paid
$767,157Total of all payments
Principal $479,200 Interest $287,957
YearPrincipalInterestBalance
1$11,226$19,460$467,974
2$11,696$18,991$456,278
3$12,185$18,501$444,094
4$12,694$17,992$431,399
5$13,225$17,461$418,174
6$13,779$16,908$404,395
7$14,355$16,331$390,040
8$14,955$15,731$375,085
9$15,581$15,105$359,504
10$16,233$14,454$343,271
11$16,912$13,775$326,359
12$17,619$13,067$308,740
13$18,356$12,330$290,384
14$19,124$11,562$271,260
15$19,924$10,762$251,336
16$20,757$9,929$230,579
17$21,625$9,061$208,954
18$22,530$8,156$186,424
19$23,472$7,214$162,951
20$24,454$6,232$138,497
21$25,477$5,209$113,020
22$26,543$4,144$86,477
23$27,653$3,033$58,824
24$28,810$1,877$30,015
25$30,015$672$0

At the end of your 5-year term

Total paid over the term
$153,431
Principal paid down
$61,026
Interest paid
$92,405
Balance remaining
$418,174

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
2.7%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.

5.4%
Gross yield
− Property tax $3,061− Condo fees $9,084− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,091

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

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