801-15 Viking Lane, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13426830

$548,000
For Sale
Listed 44 days ago
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1Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this bright and beautifully maintained 1-bed + oversized den suite at the prestigious Parc Nuvo by Tridel, ideally located in the heart of City Centre. Offering approximately 671 sq. ft. + balcony with a highly functional open-concept layout, this sun-filled home features southeast exposure with breathtaking unobstructed panoramic views stretching all the way to Lake Ontario. Large windows and 9-foot ceilings flood the space with natural light throughout the day, creating an airy and inviting atmosphere perfect for both relaxing and entertaining. The spacious living and dining area seamlessly connects to a modern kitchen complete with granite countertops, stainless steel appliances, shaker-style cabinetry, backsplash, and a central island with breakfast bar, offering both style & practicality. The XL den is truly versatile and bedroom-sized, making it ideal as a home office, guest room, nursery, or creative studio, with the potential to easily enclose it into a separate room if desired. The generously sized primary bdrm features ample closet space and oversized windows with stunning city and lake views, while the suite also includes ensuite laundry with additional storage space, laminate flooring T/O, one parking space & a private open balcony. Residents of Parc Nuvo enjoy access to an exceptional collection of resort-style amenities, including a 24-hour concierge, fully equipped gym, indoor pool, hot tub, sauna, theatre, party lounge, meeting rooms, outdoor BBQ patio, guest entertainment areas, and beautifully maintained common spaces. Unmatched convenience awaits just steps from Kipling TTC, GO, and MiWay transit, making commuting throughout Toronto and the GTA effortless. Surrounded by everyday essentials including Farm Boy, Shoppers Drug Mart, GoodLife Fitness, cafés, restaurants, shopping along Bloor and Dundas, and with quick access to Hwy 427, 401, and the QEW, this prime location truly delivers urban living at its finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13426830
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Kipling Ave & Dundas St W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$567/mo
Exposure
South East
Property tax
$2,471 / 2026
Days on market
44
Listing brokerage
THE KEY MARKET INC.

Rooms

Dining RoomFlat5.46 × 3.24 m

laminate · open concept · combined w/living

Primary BedroomFlat3.31 × 3.10 m

window floor to ceiling · double closet · laminate

LaundryFlat0.00 × 0.00 m

Separate Room

KitchenFlat2.44 × 2.36 m

stainless steel appl · granite counters · overlooks dining

Living RoomFlat5.46 × 3.24 m

window floor to ceiling · w/o to balcony · south view

DenFlat2.81 × 1.68 m

laminate · separate room

BathroomFlat0.00 × 0.00 m

4 pc bath · wall sconce lighting · tile floor

FoyerFlat0.00 × 0.00 m

mirrored closet · double closet

Our TakeTeam Asgarian · Broker
Above comparables
$490Kest. value

Listed at $548,000, and my independent estimate is about 12% above what comparable homes suggest.

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

List price
$476KGreat deal$548KOverpriced

Total price vs nearby homes. Fair value about $490K, median of 13 comparables.

How this estimate is builtthe short version

I take the 13 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 $509K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 13 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$434kavg asking

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

2606-15 Viking Lane$529k423-50 Thomas Riley Road$410k715-11 Michael Power Place$400k407-1040 The Queensway$399k

The 4 closest active listings nearby.

See all comparable homes
548kThis home529k410k400k399kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $490K
$844this home / sqft
66active listings nearby
44days on market
100sold nearby · 90 days
$503Kmedian sold price
95%of asking, on average

This home lists 11% above the area average of $757/sqft.

43 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 · 1.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,498/mo
$116KIncome needed
4.7×Price ÷ income
$576Weekly 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.

76%mortgage
Mortgage $2,498Property tax $206Condo fee $567Total carry $3,270

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)
$2,339per month

Mortgage amount $438,400 · 4.14% over 25 years

$109,600Down payment (20.0%)
$438,400Loan before insurance
$0CMHC premium
$3,112Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,339
Property tax
$206
Condo / maintenance fees
$567
Heating
$0
Estimated monthly cost
$3,112

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

One-time closing costs

Ontario land transfer tax
$7,435
Toronto municipal land transfer tax
$7,435
Estimated closing costs
$14,870

Plus your down payment of $109,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,841/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

$263,440Total interest paid
$701,840Total of all payments
Principal $438,400 Interest $263,440
YearPrincipalInterestBalance
1$10,270$17,803$428,130
2$10,700$17,374$417,430
3$11,147$16,926$406,283
4$11,614$16,460$394,669
5$12,099$15,974$382,570
6$12,605$15,468$369,964
7$13,133$14,941$356,831
8$13,682$14,391$343,149
9$14,254$13,819$328,895
10$14,851$13,223$314,044
11$15,472$12,602$298,572
12$16,119$11,955$282,453
13$16,793$11,280$265,660
14$17,496$10,578$248,165
15$18,227$9,846$229,937
16$18,990$9,084$210,947
17$19,784$8,289$191,163
18$20,612$7,462$170,551
19$21,474$6,600$149,077
20$22,372$5,701$126,705
21$23,308$4,766$103,397
22$24,283$3,791$79,115
23$25,299$2,775$53,816
24$26,357$1,717$27,459
25$27,459$614$0

At the end of your 5-year term

Total paid over the term
$140,368
Principal paid down
$55,830
Interest paid
$84,538
Balance remaining
$382,570

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.5%
Gross yield
− Property tax $2,471− Condo fees $6,804− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,020

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE KEY MARKET INC.. MLS®/PropTx.

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