102-2825 Islington Avenue, Toronto, ON

Humber Summit, Toronto · MLS® W13045632

$489,900
For Sale
Listed 82 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Beautiful, bright 2-bedroom condo in one of the area's most desirable locations. This renovated suite features a spacious, well-designed layout with modern finishes and quality upgrades throughout. The contemporary kitchen offers a sleek, carpet-free interior, while the primary bedroom includes a convenient 2-piece ensuite.Enjoy a sun-filled southwest-facing corner unit in a well-maintained building that reflects pride of ownership. Additional highlights include a separate laundry room and access to excellent amenities such as an exercise room and on-site daycare.Ideally located with a bus stop right at the front of the building, and just minutes from parks, schools, a library, community centre, public transit, hospital, places of worship, and grocery stores. Located in a prime, convenient neighbourhood, you're also just minutes from Highways 401/400, Pearson Airport, shopping, and TTC transit.Maintenance fees include water, common elements, and High Speed Internet, adding even more value to this fantastic home. This condo truly delivers the lifestyle you're looking for.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13045632
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Islington/Finch W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick, Concrete Poured
Maintenance
$649/mo
Exposure
East
Property tax
$1,009 / 2025
Days on market
82
Listing brokerage
RE/MAX GOLD REALTY INC.

Rooms

Bedroom 2Main3.59 × 2.80 m

vinyl floor · window · large closet

Primary BedroomMain4.49 × 2.99 m

vinyl floor · 3 pc bath

KitchenMain3.95 × 2.35 m

ceramic floor · quartz counter

Dining RoomMain3.30 × 2.62 m

vinyl floor · w/o to balcony

Living RoomMain4.99 × 3.24 m

vinyl floor · open concept

Moe’s TakeTeam Asgarian · Broker
Above comparables
$400Kest. value

Listed at $489,900, this home is about 23% 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 $398K, a close match.

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 $465K
  • Adjusts to $465K

That comparable adjusts to $465K; the $400K 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 Humber Summit 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 2825 Islington Ave is about a 1-minute walk away.

List price
$367KGreat deal$490KOverpriced

Total price vs nearby homes. Fair value about $400K, median of 7 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Humber Summit · asking prices
$475kavg asking

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

209-2835 Islington Avenue$465k104-2825 Islington Avenue$560k507-2825 Islington Avenue$400k

The 3 closest active listings nearby.

See all comparable homes
490kThis home465k560k400kThis home vs active comparables
Live market pulseActive comparables in Humber Summit · median list $499K
$516this home / sqft
7active listings nearby
82days on market

This home lists 15% above the area average of $448/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

Humber Summit, 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

67/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 2825 Islington Ave, about 0 m away

20+ transit stops7 grocery20+ dining17 parks12 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 West
$770K
Willowdale East
$441K
Mimico
$800K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 Gracedale Public School
53%
Gracedale Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 53% meet the provincial standard

Affordability & Mortgage

Affordability
$2,233/mo
$103KIncome needed
4.8×Price ÷ income
$515Weekly 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.

75%mortgage
Mortgage $2,233Property tax $84Condo fee $649Total carry $2,966

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)
$2,091per month

Mortgage amount $391,920 · 4.14% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$2,825Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,091
Property tax
$84
Condo / maintenance fees
$649
Heating
$0
Estimated monthly cost
$2,825

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

One-time closing costs

Ontario land transfer tax
$6,273
Toronto municipal land transfer tax
$6,273
Estimated closing costs
$12,546

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,540/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

$235,509Total interest paid
$627,429Total of all payments
Principal $391,920 Interest $235,509
YearPrincipalInterestBalance
1$9,181$15,916$382,739
2$9,565$15,532$373,173
3$9,965$15,132$363,208
4$10,382$14,715$352,825
5$10,817$14,281$342,009
6$11,269$13,828$330,740
7$11,740$13,357$318,999
8$12,231$12,866$306,768
9$12,743$12,354$294,025
10$13,276$11,821$280,749
11$13,831$11,266$266,917
12$14,410$10,687$252,507
13$15,013$10,084$237,494
14$15,641$9,456$221,854
15$16,295$8,802$205,559
16$16,977$8,121$188,582
17$17,687$7,411$170,896
18$18,426$6,671$152,469
19$19,197$5,900$133,272
20$20,000$5,097$113,272
21$20,837$4,260$92,435
22$21,708$3,389$70,727
23$22,616$2,481$48,110
24$23,562$1,535$24,548
25$24,548$549$0

At the end of your 5-year term

Total paid over the term
$125,486
Principal paid down
$49,911
Interest paid
$75,575
Balance remaining
$342,009

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$3,050/mo
$36,600Gross annual rent
4.7%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.

7.5%
Gross yield
− Property tax $1,009− Condo fees $7,788− Insurance $600− Vacancy & upkeep $4,026Net operating income $23,177

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

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