308-400 The East Mall, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13416546

$890,000
For Sale
Listed 42 days ago
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◎ Directions
2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft
13 schools20+ transit stops16 parks20+ restaurantswithin 1.5 km

About this home

Rare dual-income or multi-gen opportunity! Stunning, bright corner condo townhome featuring 2 self-contained units with direct front door access. Modern upgrades throughout, 9ft ceilings, laminate flooring, & a sleek kitchen island. TTC at your doorstep, 7 mins to Kipling Station, quick access to Hwy 427/Pearson & mins to Downtown Toronto. Incredible amenities: indoor/outdoor gym, chef's kitchen, party room, outdoor BBQs, & visitor parking. A must-see

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
W13416546
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Burnhamthorpe & East Mall
Parking
1 garage (underground)
Basement
None
Kitchens
2 (1 + 1)
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$538/mo
Exposure
East
Property tax
$4,193 / 2025
Days on market
42
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

Primary BedroomMain2.44 × 3.30 m

broadloom · double closet · window

Living RoomMain3.81 × 5.11 m

laminate · 3 pc bath · w/o to balcony

Bedroom 2Upper3.20 × 3.35 m

broadloom · double closet · window

Dining RoomMain0.00 × 0.00 m

laminate · open concept · combined w/living

Living RoomUpper3.05 × 5.03 m

laminate · open concept · window

Dining RoomUpper0.00 × 0.00 m

laminate · 3 pc bath · combined w/living

KitchenUpper0.00 × 0.00 m

ceramic floor · open concept

KitchenMain0.00 × 0.00 m

ceramic floor · quartz counter · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

On location, this is a very walkable address with everyday errands close by. Burnhamthorpe Rd at The East Mall is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$711kavg asking

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

304-58 Sidney Belsey Crescent$600k256-1496 Victoria Park Avenue$729k38 Cole Street$800k63-73 Curlew Drive$789k105-3686 St Clair Avenue$639k

The 5 closest of 8 active listings nearby.

See all comparable homes
890kThis home600k729k800k789k639kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $688K
$685this home / sqft
6active listings nearby
42days on market

This home lists 7% below the area average of $740/sqft.

38 days longer than the Toronto average (4 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.

Getting around

65/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Burnhamthorpe Rd at The East Mall, about 95 m away

20+ transit stops1 grocery20+ dining16 parks5 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.

New Toronto
$780K
Humbermede
$509K
Niagara
$649K
Willowdale East
$654K
Don Valley Village
$720K

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 · 1.1 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,056/mo
$179KIncome needed
5.0×Price ÷ income
$936Weekly 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.

82%mortgage
Mortgage $4,056Property tax $349Condo fee $538Total carry $4,943

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,799per month

Mortgage amount $712,000 · 4.14% over 25 years

$178,000Down payment (20.0%)
$712,000Loan before insurance
$0CMHC premium
$4,687Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,799
Property tax
$349
Condo / maintenance fees
$538
Heating
$0
Estimated monthly cost
$4,687

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

One-time closing costs

Ontario land transfer tax
$14,275
Toronto municipal land transfer tax
$14,275
Estimated closing costs
$28,550

Plus your down payment of $178,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,615/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

$427,849Total interest paid
$1,139,849Total of all payments
Principal $712,000 Interest $427,849
YearPrincipalInterestBalance
1$16,680$28,914$695,320
2$17,377$28,217$677,943
3$18,104$27,490$659,839
4$18,862$26,732$640,977
5$19,650$25,943$621,327
6$20,472$25,122$600,854
7$21,329$24,265$579,525
8$22,221$23,373$557,305
9$23,150$22,444$534,154
10$24,119$21,475$510,035
11$25,128$20,466$484,908
12$26,179$19,415$458,729
13$27,274$18,320$431,456
14$28,414$17,180$403,041
15$29,603$15,991$373,438
16$30,841$14,753$342,597
17$32,131$13,463$310,466
18$33,475$12,119$276,990
19$34,875$10,718$242,115
20$36,334$9,260$205,781
21$37,854$7,740$167,926
22$39,437$6,156$128,489
23$41,087$4,507$87,402
24$42,806$2,788$44,596
25$44,596$998$0

At the end of your 5-year term

Total paid over the term
$227,970
Principal paid down
$90,673
Interest paid
$137,296
Balance remaining
$621,327

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$4,100/mo
$49,200Gross annual rent
3.7%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.

5.5%
Gross yield
− Property tax $4,193− Condo fees $6,453− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,542

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

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