905-215 Sherway Gardens Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13463984
About this home
Few locations deliver convenience quite like One Sherway. With Sherway Gardens directly across the street, transit steps from the lobby, and direct access to the 427, QEW, Gardiner Expressway and Pearson Airport, life here feels remarkably well connected. It's easy to understand this address's enduring appeal, which continues to attract professionals, first-time buyers and investors alike.Thoughtfully laid out and surprisingly spacious for its 533 square feet, this bright one-bedroom suite makes excellent use of every inch. Floor-to-ceiling windows draw in natural light throughout the day, while the southwest exposure offers leafy views and sunsets from the private balcony. Hardwood floors, stainless steel appliances, an oversized granite breakfast bar and one owned parking space complete the package.Residents enjoy access to an impressive collection of amenities, including a 24-hour concierge, fitness centre, theatre room, billiards lounge, party room, guest suites and visitor parking. Water lovers will appreciate the building's aquatic centre, featuring an indoor pool, hot tub, sauna and steam room. Beyond the building, One Sherway's appeal is rooted in its location. Sherway Gardens, restaurants, cafés and everyday essentials are all just steps away, while TTC service, GO Transit, major highways and Pearson Airport place the GTA within easy reach. Nearby parks, trails and green spaces offer a welcome balance to the convenience of city living.Keep a quality tenant in place for income from day one, or take occupancy and make it your own.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13463984
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- The West Mall/Sherway Gdns Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $471/mo
- Exposure
- South West
- Property tax
- $1,995 / 2026
- Days on market
- 34
- Listing brokerage
- SAGE REAL ESTATE LIMITED
Rooms
hardwood floor · combined w/living · breakfast bar
window floor to ceiling · closet · broadloom
stainless steel appl · granite counters · ceramic floor
window floor to ceiling · w/o to balcony · hardwood floor
Listed at $429,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Islington-City Centre West lately, sellers have been getting about 97% of asking and homes sell in about 40 days. Prices are down 3% versus a year ago.
Based on 47 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 47 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $449K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $319K
- Adjusts to $319K
That comparable adjusts to $319K; the $447K estimate above is the median of all 47 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Lanor Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $447K, median of 47 comparables.
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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 1% above the area average of $770/sqft.
33 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Islington-City Centre West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $343,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,831
- Property tax
- $166
- Condo / maintenance fees
- $471
- Heating
- $0
- Estimated monthly cost
- $2,469
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,055
- Toronto municipal land transfer tax
- $5,055
- Estimated closing costs
- $10,110
Plus your down payment of $85,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $109,887
- Principal paid down
- $43,707
- Interest paid
- $66,180
- Balance remaining
- $299,493
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.