209-2835 Islington Avenue, Toronto, ON

Humber Summit, Toronto · MLS® W13535382

$465,000
For Sale
Listed 10 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to Unit 209 at 2835 Islington Ave - a spacious and well-maintained condo offering comfort, convenience, and exceptional value in a prime Toronto location. This bright and functional unit features a generous open-concept layout with large principal rooms, spacious bedrooms, and a private balcony perfect for relaxing after a long day. The thoughtfully designed floor plan provides plenty of living and storage space, making it ideal for first-time buyers, downsizers, families, or investors alike.Located in a well-managed building with excellent amenities including a sauna room, games room, and pool table/recreation area, residents also enjoy underground parking and convenient access to everyday essentials. Situated just minutes from Highways 400, 401, 427 & 407, commuting is a breeze. TTC transit is at your doorstep with the new Finch West LRT nearby, providing quick access across the city.Enjoy being close to Humber College, York University, Etobicoke General Hospital, schools, shopping, parks, walking trails, and Rowntree Mills Park. A fantastic opportunity to own in a central Toronto location with incredible connectivity and lifestyle convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13535382
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999
Cross streets
Islington/Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Brick
Roof
Flat
Maintenance
$687/mo
Exposure
West
Property tax
$1,109 / 2025
Days on market
10
Listing brokerage
Royal LePage Credit Valley Real Estate Inc., Brokerage

Rooms

Living RoomGround6.35 × 3.42 m

Laminate

KitchenGround4.00 × 2.40 m

Ceramic Floor

Primary BedroomGround3.66 × 2.74 m

laminate · ensuite bath

Dining RoomGround3.35 × 2.65 m

Laminate

BreakfastGround4.00 × 2.40 m

Ceramic Floor

Bedroom 2Ground2.70 × 1.90 m

Laminate

Moe’s TakeTeam Asgarian · Broker
In line
$400Kest. value

Listed at $465,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $438K, 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, listed at $560K
  • Adjusts to $560K

That comparable adjusts to $560K; the $400K estimate above is the median of all 7 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 Humber Summit 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Islington Av / Aviemore Dr is about a 2-minute walk away.

List price
$367KGreat deal$490KOverpriced

Total price vs nearby homes. Fair value about $400K, median of 7 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Humber Summit · asking prices
$483kavg asking

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

102-2825 Islington Avenue$490k507-2825 Islington Avenue$400k104-2825 Islington Avenue$560k

The 3 closest active listings nearby.

See all comparable homes
465kThis home490k400k560kThis home vs active comparables
Live market pulseActive comparables in Humber Summit · median list $499K
$490this home / sqft
7active listings nearby
10days on market

This home lists 8% above the area average of $452/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

Humber Summit, 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

69/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Islington Av / Aviemore Dr, about 154 m away

20+ transit stops6 grocery20+ dining19 parks10 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.

Willowdale West
$770K
Willowdale East
$441K
Mimico
$800K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 Gracedale Public School
53%
Gracedale Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 53% meet the provincial standard

Affordability & Mortgage

Affordability
$2,119/mo
$100KIncome needed
4.7×Price ÷ income
$489Weekly 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.

73%mortgage
Mortgage $2,119Property tax $92Condo fee $687Total carry $2,899

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)
$1,985per month

Mortgage amount $372,000 · 4.14% over 25 years

$93,000Down payment (20.0%)
$372,000Loan before insurance
$0CMHC premium
$2,765Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,985
Property tax
$92
Condo / maintenance fees
$687
Heating
$0
Estimated monthly cost
$2,765

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

One-time closing costs

Ontario land transfer tax
$5,775
Toronto municipal land transfer tax
$5,775
Estimated closing costs
$11,550

Plus your down payment of $93,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,411/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

$223,539Total interest paid
$595,539Total of all payments
Principal $372,000 Interest $223,539
YearPrincipalInterestBalance
1$8,715$15,107$363,285
2$9,079$14,742$354,206
3$9,459$14,363$344,747
4$9,855$13,967$334,893
5$10,267$13,555$324,626
6$10,696$13,125$313,929
7$11,144$12,678$302,786
8$11,610$12,212$291,176
9$12,095$11,726$279,081
10$12,601$11,220$266,479
11$13,128$10,693$253,351
12$13,678$10,144$239,673
13$14,250$9,572$225,423
14$14,846$8,976$210,578
15$15,467$8,355$195,111
16$16,114$7,708$178,997
17$16,788$7,034$162,210
18$17,490$6,332$144,720
19$18,221$5,600$126,498
20$18,984$4,838$107,515
21$19,778$4,044$87,737
22$20,605$3,217$67,132
23$21,467$2,355$45,665
24$22,365$1,457$23,300
25$23,300$521$0

At the end of your 5-year term

Total paid over the term
$119,108
Principal paid down
$47,374
Interest paid
$71,734
Balance remaining
$324,626

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$3,050/mo
$36,600Gross annual rent
4.9%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.

7.9%
Gross yield
− Property tax $1,109− Condo fees $8,244− Insurance $600− Vacancy & upkeep $4,026Net operating income $22,621

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Credit Valley Real Estate Inc., Brokerage. MLS®/PropTx.

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