1810-235 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13503616

$649,900
For Sale
Listed 23 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Incredible 2 Bedroom 2 Bathroom Suite with corner balcony at high in demand One Sherway. Pride of ownership! Enjoy Living and Dining Room with smooth ceilings, beautiful hardwood floors, floor to ceiling windows for plenty of natural light, and walk-out. The open Kitchen features beautiful white cabinets, granite counters, and newer stainless steel appliances. The Primary Bedroom has a large closet and 4-Piece Ensuite Bathroom. The 2nd Bedroom also has a large closet and is located next to a 3-Piece Bathroom with walk-in shower. Finally your large corner balcony is ready for Summer with great clear views! Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Gym, Sauna, Virtual Golf, Games Room, Party Room, Guest Suites, 24 Hour Concierge, and more! Steps To TTC, Upscale Sherway Gardens. Quick Access To Major Highways. Go Station, Parks, & Trails. This unit has been very well maintained and it shows. Come see this incredible unit today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13503616
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
The Queensway/427/Gardiner
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$772/mo
Exposure
North East
Property tax
$2,579 / 2025
Days on market
23
Listing brokerage
PANORAMA R.E. LIMITED

Rooms

Dining RoomMain4.89 × 4.33 m

hardwood floor · open concept · combined w/living

Primary BedroomMain3.26 × 3.14 m

broadloom · mirrored closet · 4 pc ensuite

Living RoomMain4.89 × 4.33 m

hardwood floor · window floor to ceiling · w/o to balcony

KitchenMain2.99 × 2.36 m

tile floor · granite counters · stainless steel appl

Bedroom 2Main3.01 × 2.79 m

broadloom · window floor to ceiling · mirrored closet

FoyerMain2.23 × 2.23 m

hardwood floor · mirrored closet · 3 pc bath

Our TakeTeam Asgarian · Broker
Above comparables
$606Kest. value

Listed at $649,900, and my independent estimate is about 7% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 97% of asking; homes sell in ~40 days · prices down 4% YoY.

List price
$592KGreat deal$650KOverpriced

Total price vs nearby homes. Fair value about $606K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 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 $606K, 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

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

Priced above comparable homes overall, but the price per square foot ($765/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$633kavg asking

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

904-25 Cordova Avenue$659k1304-9 Valhalla Inn Road$639k2502-5 Valhalla Inn Road$625k2504-5 Valhalla Inn Road$625k1603-3 Michael Power Place$619k

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home659k639k625k625k619kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $560K
$765this home / sqft
49active listings nearby
23days on market
17sold nearby · 90 days
$535Kmedian sold price
97%of asking, on average
4%vs a year ago

This home lists 5% above the area average of $730/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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$524K
Niagara
$550K
Waterfront Communities C1
$578K
Bay Street Corridor
$638K
Church-Yonge Corridor
$611K

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$2,962/mo
$137KIncome needed
4.7×Price ÷ income
$684Weekly 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.

75%mortgage
Mortgage $2,962Property tax $215Condo fee $772Total carry $3,949

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)
$2,774per month

Mortgage amount $519,920 · 4.14% over 25 years

$129,980Down payment (20.0%)
$519,920Loan before insurance
$0CMHC premium
$3,761Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,774
Property tax
$215
Condo / maintenance fees
$772
Heating
$0
Estimated monthly cost
$3,761

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

One-time closing costs

Ontario land transfer tax
$9,473
Toronto municipal land transfer tax
$9,473
Estimated closing costs
$18,946

Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,370/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

$312,426Total interest paid
$832,346Total of all payments
Principal $519,920 Interest $312,426
YearPrincipalInterestBalance
1$12,180$21,114$507,740
2$12,689$20,604$495,051
3$13,220$20,074$481,830
4$13,773$19,521$468,057
5$14,349$18,945$453,708
6$14,949$18,344$438,759
7$15,575$17,719$423,184
8$16,226$17,068$406,958
9$16,905$16,389$390,053
10$17,612$15,682$372,440
11$18,349$14,945$354,092
12$19,116$14,178$334,975
13$19,916$13,378$315,060
14$20,749$12,545$294,311
15$21,617$11,677$272,694
16$22,521$10,773$250,173
17$23,463$9,831$226,710
18$24,444$8,849$202,265
19$25,467$7,827$176,798
20$26,532$6,762$150,266
21$27,642$5,652$122,624
22$28,798$4,496$93,826
23$30,003$3,291$63,823
24$31,258$2,036$32,565
25$32,565$729$0

At the end of your 5-year term

Total paid over the term
$166,469
Principal paid down
$66,212
Interest paid
$100,257
Balance remaining
$453,708

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$2,700/mo
$32,400Gross annual rent
2.5%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.

5.0%
Gross yield
− Property tax $2,579− Condo fees $9,265− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,392

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PANORAMA R.E. LIMITED. MLS®/PropTx.

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