1016-2 Fieldway Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13464592

$479,900
For Sale
Listed 29 days ago
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1Bedrooms
1Bathrooms
1Parking
500-599Sq Ft

About this home

In a city full of average condos, choose a building that is truly one of a kind. Welcome to Network Lofts, one of Etobicoke's most iconic authentic loft conversions, where industrial character meets modern urban living in all the right ways. Perfectly positioned within a vibrant, walkable neighbourhood, this exceptional residence offers the rare balance of peaceful residential charm and effortless city convenience. Enjoy tree-lined streets at your doorstep while being just moments from the boutiques, cafés, and restaurants of The Kingsway, as well as easy access to Islington Station for seamless commuting across the city, but also includes parking for those with a vehicle. Inside, this stunning loft showcases all the authentic industrial details buyers dream about: soaring 10.5-foot ceilings, dramatic floor-to-ceiling windows, polished concrete floors, and exposed ductwork that create an unmistakably chic urban aesthetic. Don't miss out on that lovely breeze with your Juliette balcony and north west views. The thoughtfully designed kitchen features granite countertops and stainless steel appliances, while the unit also includes parking and locker. Even better, this highly sought-after building is genuinely dog-friendly with no weight restrictions - a rare find in the city. Residents enjoy an impressive collection of amenities including a rooftop terrace with BBQs, 24-hour concierge, whirlpool spa, fitness centre, steamroom, guest suite, and party room, delivering the perfect blend of lifestyle, comfort, and community. This is not just a condo - it's a loft with heart and soul.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13464592
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Islington/Bloor
Parking
1 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete Poured, Stucco (Plaster)
Maintenance
$573/mo
Exposure
North West
Property tax
$2,248 / 2026
Days on market
29
Listing brokerage
ROYAL LEPAGE REALTY PLUS

Rooms

KitchenMain5.36 × 4.45 m

concrete floor · stainless steel appl · open concept

Dining RoomMain5.36 × 4.45 m

combined w/living · concrete floor · large window

Living RoomMain5.36 × 4.45 m

combined w/dining · concrete floor · juliette balcony

Primary BedroomMain3.26 × 2.93 m

double closet · concrete floor

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$386Kest. value

Listed at $479,900, this home is tracking about 24% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 83 similar homes nearby, adjusted for size, beds, and baths.Median of 83 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $499K, higher than the comparables and worth a second look.

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, listed at $499K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $454K

That comparable adjusts to $454K; the $386K estimate above is the median of all 83 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a very walkable address with everyday errands close by. Bloor St At Green Lanes is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$344KGreat deal$480KOverpriced

Total price vs nearby homes. Fair value about $386K, median of 83 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Worth verifying
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$477kavg asking

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

902-9 Michael Power Place$480k901-1185 The Queensway$480k311-215 Sherway Gardens Road$480k502-1040 The Queensway Avenue$475k704-1040 The Queensway$469k

The 5 closest of 8 active listings nearby.

See all comparable homes
480kThis home480k480k480k475k469kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $500K
$873this home / sqft
84active listings nearby
29days on market

This home lists 7% above the area average of $814/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.

Getting around

81/ 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: Bloor St At Green Lanes, about 138 m away

20+ transit stops6 grocery20+ dining19 parks12 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.

Mimico
$800K
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$577K
Waterfront Communities C8
$1.19M

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
$2,187/mo
$104KIncome needed
4.6×Price ÷ income
$505Weekly 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.

74%mortgage
Mortgage $2,187Property tax $187Condo fee $573Total carry $2,948

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,049per month

Mortgage amount $383,920 · 4.14% over 25 years

$95,980Down payment (20.0%)
$383,920Loan before insurance
$0CMHC premium
$2,809Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,049
Property tax
$187
Condo / maintenance fees
$573
Heating
$0
Estimated monthly cost
$2,809

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

One-time closing costs

Ontario land transfer tax
$6,073
Toronto municipal land transfer tax
$6,073
Estimated closing costs
$12,146

Plus your down payment of $95,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,488/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

$230,702Total interest paid
$614,622Total of all payments
Principal $383,920 Interest $230,702
YearPrincipalInterestBalance
1$8,994$15,591$374,926
2$9,370$15,215$365,556
3$9,762$14,823$355,794
4$10,170$14,414$345,624
5$10,596$13,989$335,028
6$11,039$13,546$323,989
7$11,501$13,084$312,488
8$11,982$12,603$300,506
9$12,483$12,102$288,023
10$13,005$11,580$275,018
11$13,549$11,036$261,469
12$14,116$10,469$247,353
13$14,706$9,879$232,647
14$15,321$9,263$217,325
15$15,962$8,623$201,363
16$16,630$7,955$184,733
17$17,326$7,259$167,407
18$18,050$6,535$149,357
19$18,805$5,780$130,552
20$19,592$4,993$110,960
21$20,411$4,173$90,548
22$21,265$3,320$69,283
23$22,155$2,430$47,128
24$23,081$1,503$24,047
25$24,047$538$0

At the end of your 5-year term

Total paid over the term
$122,924
Principal paid down
$48,892
Interest paid
$74,032
Balance remaining
$335,028

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$1,700/mo
$20,400Gross annual rent
1.8%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.

4.3%
Gross yield
− Property tax $2,248− Condo fees $6,881− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,427

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

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