624-10 Gibbs Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W12971418
About this home
Welcome to elevated living in the prestigious Valhalla Square community!! This bright and airy 1-bedroom suite offers desirable west-facing exposure, filling the space with warm afternoon sunlight and stunning sunset views-perfect for unwinding after a long day.Thoughtfully designed for modern living, this beautifully maintained unit features 9-ft ceilings, a smart and functional layout, ensuite laundry, and a private balcony ideal for relaxing or entertaining. The upgraded kitchen is a standout, showcasing sleek quartz countertops, a designer range hood, pantry, and custom panel-integrated appliances for a seamless, contemporary finish.Enjoy resort-style amenities including a state-of-the-art fitness centre, outdoor pool with expansive terrace and BBQ stations, elegant party room, theatre, pet spa, sauna, yoga room, library, kids room and more-bringing luxury right to your doorstep.Convenience is unmatched with heated underground parking, a complimentary shuttle to Kipling GO Station and subway, and quick access to major highways. Just minutes from Sherway Gardens, grocery stores, and a wide variety of dining options.Maintenance fees offer exceptional value, covering Gas, internet, security, shuttle bus service, snow removal, and landscaping.Experience the perfect blend of comfort, style, and convenience in one of West Toronto's most desirable communities-ideal for first-time buyers, professionals, or investors.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W12971418
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- The East mall and Bloor St W
- Parking
- 1 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Maintenance
- $518/mo
- Exposure
- West
- Property tax
- $1,976 / 2025
- Days on market
- 105
- Listing brokerage
- EXECUTIVE REAL ESTATE SERVICES LTD.
Listed at $399,990, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($728/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In Islington-City Centre West lately, sellers have been getting about 95% of asking and homes sell in about 38 days.
Based on 70 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 70 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $410K, a bit higher.
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 $385K
- Adjusts to $385K
That comparable adjusts to $385K; the $340K estimate above is the median of all 70 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.
Total price vs nearby homes. Fair value about $340K, median of 70 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% below the area average of $770/sqft.
104 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Islington-City Centre West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $319,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,708
- Property tax
- $165
- Condo / maintenance fees
- $518
- Heating
- $0
- Estimated monthly cost
- $2,390
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,475
- Toronto municipal land transfer tax
- $4,475
- Estimated closing costs
- $8,950
Plus your down payment of $79,998. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $102,456
- Principal paid down
- $40,751
- Interest paid
- $61,705
- Balance remaining
- $279,241
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXECUTIVE REAL ESTATE SERVICES LTD.. MLS®/PropTx.