2406-30 Gibbs Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13134058

$549,900
For Sale
Listed 70 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Valhalla Town Square - Luxurious Top-Floor Living with Stunning Panoramic ViewsExperience the perfect blend of elegance, comfort, and convenience in this contemporary unit located on the High floor. Bright and inviting, the open-concept living spaces feature expansive floor-to-ceiling windows that flood the interiors with natural light. The chef-inspired kitchen is equipped with stainless steel appliances and ample cabinetry, providing plenty of storage for all your culinary needs.This spacious home offers 2 generous bedrooms and 2 modern bathrooms, ideal for relaxing and entertaining. Step out onto your private balcony to enjoy unobstructed views of Downtown Toronto, perfect for unwinding or hosting friends.Building Amenities:Fitness CentreParty SpaceBBQ Area & Many More..Landscaped Outdoor Terrace on the Fifth FloorConvenient Transit & Location:Close to Kipling Subway and GO Stations, TTCEasy access to Highways 401, HWR 427, and QEWShuttle service to Kipling Station during peak hours.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13134058
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Bloor St W And The East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$715/mo
Exposure
East
Property tax
$2,650 / 2025
Days on market
70
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD
Our TakeTeam Asgarian · Broker
Below comparables
$579Kest. value

Listed at $549,900, and my independent estimate is about 5% below comparable homes, worth a close look.

In Islington-City Centre West lately, sellers get about 95% of asking; homes sell in ~38 days.

List price
$550KGreat deal$596KOverpriced

Total price vs nearby homes. Fair value about $579K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $585K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($734/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$551kavg asking

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

903-1195 The Queensway$545k3433-5 Mabelle Avenue$559k543-26 Gibbs Road$565k616-10 Gibbs Road$535k713-17 Michael Power Place$549k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home545k559k565k535k549kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $500K
$734this home / sqft
76active listings nearby
70days on market
100sold nearby · 90 days
$500Kmedian sold price
95%of asking, on average

This home lists 3% below the area average of $756/sqft.

69 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.

Mimico
$662K
Niagara
$575K
Annex
$2.03M
Bay Street Corridor
$948K
Moss Park
$742K

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
$2,506/mo
$119KIncome needed
4.6×Price ÷ income
$578Weekly 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 $2,506Property tax $221Condo fee $715Total carry $3,442

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $439,920 · 4.14% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,283Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$221
Condo / maintenance fees
$715
Heating
$0
Estimated monthly cost
$3,283

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

One-time closing costs

Ontario land transfer tax
$7,473
Toronto municipal land transfer tax
$7,473
Estimated closing costs
$14,946

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,851/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

$264,353Total interest paid
$704,273Total of all payments
Principal $439,920 Interest $264,353
YearPrincipalInterestBalance
1$10,306$17,865$429,614
2$10,737$17,434$418,877
3$11,186$16,985$407,691
4$11,654$16,517$396,037
5$12,141$16,030$383,896
6$12,649$15,522$371,247
7$13,178$14,993$358,069
8$13,730$14,441$344,339
9$14,304$13,867$330,035
10$14,902$13,269$315,133
11$15,525$12,645$299,608
12$16,175$11,996$283,433
13$16,851$11,319$266,581
14$17,556$10,615$249,025
15$18,291$9,880$230,734
16$19,056$9,115$211,679
17$19,853$8,318$191,826
18$20,683$7,488$171,143
19$21,548$6,623$149,594
20$22,450$5,721$127,145
21$23,389$4,782$103,756
22$24,367$3,804$79,389
23$25,386$2,785$54,003
24$26,448$1,723$27,554
25$27,554$616$0

At the end of your 5-year term

Total paid over the term
$140,855
Principal paid down
$56,024
Interest paid
$84,831
Balance remaining
$383,896

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$2,400/mo
$28,800Gross annual rent
2.5%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.

5.2%
Gross yield
− Property tax $2,650− Condo fees $8,580− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,802

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

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