707-2 Fieldway Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13231304

$679,000
For Sale
Listed 50 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to "Network Lofts" a urban hard loft conversion in the heart of Islington City Centre. Surrounded by established residential this suite has the preferred southern exposure over treetops with views to Lake Ontario and the City Skyline. Trendy vibe industrial features within the unit: open mechanical components, dramatic 10.5 foot ceiling height, exposed support column and polished concrete in the primary. Spacious sunfilled open concept main living space perfect for entertaining and open the Juliette Balcony door for fresh air and peaceful community white noise. Well appointed Cooks Kitchen. Primary has a large window for full southern exposure with an updated ensuite. The second bedroom has been fully enclosed for privacy with a paneled window to let in light. One parking and same level locker. Building amenities include a well appointed gym, hydro pool, rooftop garden with BBQ's, party/meeting room, visitor parking and concierge for all those amazon packages. Stroll to Bloor Islington Place or vibrant Kingsway shops and restaurants. A Commuters paradise: Minutes to Islington Subway or Kipling GO station. Easy Highway access to Pearson or the Financial District. Approximately 975 square feet of convenient living and lifestyle.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13231304
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Islington & Bloor
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Foundation
Unknown
Roof
Unknown
Maintenance
$880/mo
Exposure
South
Property tax
$3,062 / 2026
Days on market
50
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

KitchenFlat3.05 × 2.86 m

centre island · granite counters · stainless steel appl

Living RoomFlat4.88 × 4.27 m

juliette balcony · combined w/dining · south view

Primary BedroomFlat5.24 × 3.26 m

walk-in closet(s) · 2 pc ensuite · concrete floor

FoyerFlat3.81 × 1.22 m

wainscoting · mirrored closet · laminate

Dining RoomFlat4.88 × 4.27 m

open concept · laminate · combined w/living

Bedroom 2Flat3.11 × 3.05 m

laminate · double closet · window

Our TakeTeam Asgarian · Broker
Above comparables
$630Kest. value

Listed at $679,000, and my independent estimate is about 8% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 95% of asking; homes sell in ~36 days.

List price
$622KGreat deal$679KOverpriced

Total price vs nearby homes. Fair value about $630K, 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 $618K, a close match.

What the listing highlights3 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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

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

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

Priced above comparable homes overall, but the price per square foot ($715/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Islington-City Centre West, so I widened the search to the surrounding area.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$704kavg asking

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

505-2 Fieldway Road$629k316-2 Fieldway Road$599k406-2 Fieldway Road$800k206-2 Fieldway Road$790k

The 4 closest active listings nearby.

See all comparable homes
679kThis home629k599k800k790kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $629K
$715this home / sqft
5active listings nearby
50days on market
99sold nearby · 90 days
$512Kmedian sold price
95%of asking, on average

This home lists 2% below the area average of $727/sqft.

49 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
$541K
Niagara
$572K
Waterfront Communities C1
$604K
Bay Street Corridor
$560K
Church-Yonge Corridor
$578K

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 2.5 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$3,095/mo
$146KIncome needed
4.7×Price ÷ income
$714Weekly 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 $3,095Property tax $255Condo fee $880Total carry $4,229

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)
$2,899per month

Mortgage amount $543,200 · 4.14% over 25 years

$135,800Down payment (20.0%)
$543,200Loan before insurance
$0CMHC premium
$4,034Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,899
Property tax
$255
Condo / maintenance fees
$880
Heating
$0
Estimated monthly cost
$4,034

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

One-time closing costs

Ontario land transfer tax
$10,055
Toronto municipal land transfer tax
$10,055
Estimated closing costs
$20,110

Plus your down payment of $135,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,521/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

$326,415Total interest paid
$869,615Total of all payments
Principal $543,200 Interest $326,415
YearPrincipalInterestBalance
1$12,725$22,059$530,475
2$13,258$21,527$517,217
3$13,812$20,972$503,405
4$14,390$20,395$489,015
5$14,992$19,793$474,023
6$15,619$19,166$458,404
7$16,272$18,512$442,132
8$16,953$17,832$425,180
9$17,662$17,123$407,518
10$18,401$16,384$389,117
11$19,170$15,614$369,947
12$19,972$14,812$349,974
13$20,808$13,977$329,167
14$21,678$13,107$307,489
15$22,585$12,200$284,904
16$23,529$11,255$261,374
17$24,514$10,271$236,861
18$25,539$9,246$211,322
19$26,607$8,177$184,715
20$27,720$7,064$156,994
21$28,880$5,905$128,115
22$30,088$4,697$98,027
23$31,346$3,438$66,681
24$32,657$2,127$34,023
25$34,023$761$0

At the end of your 5-year term

Total paid over the term
$173,923
Principal paid down
$69,177
Interest paid
$104,746
Balance remaining
$474,023

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
2.7%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 $3,062− Condo fees $10,556− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,356

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

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