#60-385 The East Mall, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13508696
About this home
Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small families, or anyone seeking a well-connected, low-maintenance lifestyle. Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining, seamlessly flowing into a crisp, modern kitchen that has been tastefully renovated with granite countertops, a breakfast bar, porcelain flooring, ample cabinetry, and upgraded stainless steel appliances (except the fridge), including a newer Samsung smart range. Enjoy effortless indoor-outdoor living with a walk-out to the deck and fully fenced yard, ideal for morning coffee, summer barbecues, or quiet evenings at home. Upstairs, two generous bedrooms each offer walk-in closets and private, renovated ensuite bathrooms with modern finishes; the primary suite serves as a serene retreat, while the second bedroom is enhanced by a charming Juliette balcony that fills the space with natural light. The finished basement adds valuable living space with a renovated recreation room and upgraded laundry area with sink, complementing the home's carpet-free interior and thoughtful updates throughout the kitchen, bathrooms, and all principal rooms. Also close to Highway 427, public transit, and downtown, this home offers exceptional convenience with quick access to parks, schools, libraries, places of worship, shops, dining, and everyday amenities. Meticulously maintained and thoughtfully upgraded, this townhome truly has it all-style, comfort, and location-and you'll fall in love the moment you step inside; it's even better in person than in photos. **Listing contains virtually staged photos**
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W13508696
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Burnhamthorpe Rd & The East Mall
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Maintenance
- $599/mo
- Exposure
- North South
- Property tax
- $3,476 / 2025
- Days on market
- 16
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
hardwood floor · w/o to deck · combined w/dining
2 pc bath · tile floor · b/i vanity
porcelain floor · breakfast bar · granite counters
4 pc bath · porcelain floor · b/i vanity
w/o to balcony · 4 pc ensuite · walk-in closet(s)
4 pc bath · porcelain floor · b/i vanity
hardwood floor · bay window · combined w/kitchen
laminate · above grade window · renovated
laminate · laundry sink · renovated
4 pc ensuite · laminate · walk-in closet(s)
Listed at $849,000, this home is about 16% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($653/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Islington-City Centre West, so I widened the search to the surrounding area.
Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $848K, a bit higher.
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 $800K
- Bedrooms −$30K
- Adjusts to $770K
That comparable adjusts to $770K; the $731K estimate above is the median of all 22 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.
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. The East Mall at Burnhamthorpe Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $731K, median of 22 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Lifestyle
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 8% below the area average of $712/sqft.
12 days longer than the Toronto average (4 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.
Getting around
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: The East Mall at Burnhamthorpe Rd, about 106 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $679,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,624
- Property tax
- $290
- Condo / maintenance fees
- $599
- Heating
- $0
- Estimated monthly cost
- $4,513
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,455
- Toronto municipal land transfer tax
- $13,455
- Estimated closing costs
- $26,910
Plus your down payment of $169,800. 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
- $217,468
- Principal paid down
- $86,496
- Interest paid
- $130,972
- Balance remaining
- $592,704
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.