PH 22-9 Mabelle Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13167664

$879,000
For Sale
Listed 60 days ago
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3Bedrooms
3Bathrooms
2Garage
900-999Sq Ft

About this home

Perched High Above The City, This Striking Penthouse Serves As An Exclusive Sanctuary Of Natural Light, Modern Design, And Unparalleled, Unobstructed Skyline And Water Views. Penthouse 22 Boasts An Intelligent 976 Square Foot Open Floor Plan, Meticulously Curated With A Desirable Split Two Bedroom Layout, A Versatile Den, 2.5 Refined Bathrooms, And Two Private Balconies That Frame The Sweeping Vistas. This Premier Residence Is Completed By The Rare Convenience Of Two Parking Spaces And A Storage Locker. Access The Best Of City Living In A Stunning Tridel Tower Replete With Everything You Need For An Enriched Lifestyle - Including 50,000 Square Feet Of Incredible Amenities. Bloorvista Is A Place To Call Home, Where Style And Elegance Are Part Of The Everyday. And With Islington Subway Station Just Steps Away, You're Never Far From Any GTA Destination.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13167664
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
900-999
Cross streets
Bloor St W & Islington Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$798/mo
Exposure
South East
Property tax
$4,734 / 2026
Days on market
60
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Our TakeTeam Asgarian · Broker
Above comparables
$680Kest. value

Listed at $879,000, and my independent estimate is about 29% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$647KGreat deal$879KOverpriced

Total price vs nearby homes. Fair value about $680K, median of 23 comparables.

How this estimate is builtthe short version

I take the 23 most comparable recent listings 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 listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.05M, higher than the comparables and worth a second look.

Schools & getting aroundcatchment and transit

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 23 comparable homes nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$636kavg 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$649k1802-9 Valhalla Inn Road$630k709-10 Gibbs Road$565k

The 4 closest active listings nearby.

See all comparable homes
879kThis home699k649k630k565kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $639K
$926this home / sqft
36active listings nearby
60days on market
100sold nearby · 90 days
$518Kmedian sold price
96%of asking, on average

This home lists 29% above the area average of $719/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.

Nearby neighbourhoods

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

Mimico
$502K
Niagara
$599K
Waterfront Communities C1
$615K
Bay Street Corridor
$618K
Church-Yonge Corridor
$611K

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 Islington Junior Middle School
66%
Islington Junior Middle SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 66% meet the provincial standard

Affordability & Mortgage

Affordability
$4,006/mo
$184KIncome needed
4.8×Price ÷ income
$925Weekly 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.

77%mortgage
Mortgage $4,006Property tax $395Condo fee $798Total carry $5,199

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,753per month

Mortgage amount $703,200 · 4.14% over 25 years

$175,800Down payment (20.0%)
$703,200Loan before insurance
$0CMHC premium
$4,945Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,753
Property tax
$395
Condo / maintenance fees
$798
Heating
$0
Estimated monthly cost
$4,945

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

One-time closing costs

Ontario land transfer tax
$14,055
Toronto municipal land transfer tax
$14,055
Estimated closing costs
$28,110

Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,558/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

$422,561Total interest paid
$1,125,761Total of all payments
Principal $703,200 Interest $422,561
YearPrincipalInterestBalance
1$16,474$28,557$686,726
2$17,163$27,868$669,564
3$17,880$27,150$651,683
4$18,628$26,402$633,055
5$19,408$25,623$613,647
6$20,219$24,811$593,428
7$21,065$23,965$572,363
8$21,946$23,084$550,416
9$22,864$22,166$527,552
10$23,821$21,210$503,732
11$24,817$20,213$478,915
12$25,855$19,175$453,060
13$26,937$18,094$426,123
14$28,063$16,967$398,060
15$29,237$15,793$368,823
16$30,460$14,570$338,363
17$31,734$13,296$306,628
18$33,062$11,969$273,567
19$34,444$10,586$239,122
20$35,885$9,145$203,237
21$37,386$7,644$165,851
22$38,950$6,080$126,901
23$40,579$4,451$86,322
24$42,277$2,754$44,045
25$44,045$985$0

At the end of your 5-year term

Total paid over the term
$225,152
Principal paid down
$89,553
Interest paid
$135,599
Balance remaining
$613,647

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
2.0%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.

4.2%
Gross yield
− Property tax $4,734− Condo fees $9,579− Insurance $600− Vacancy & upkeep $4,026Net operating income $17,661

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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