406-2 Fieldway Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13555704
About this home
Incredible Value, Fully renovated Carpet free Loft with rarely offered 10.5 foot soaring ceilings that includes a locker and 2 parking spots!!! Welcome To The Network Lofts Where Industrial Chic Meets Modern Luxury! Step Into This Show-Stopping, Authentic Loft Conversion In The Iconic Former Bell Canada Building. This Corner Unit Boasts A Sprawling 1,200+ Sq Ft Of Sun-Drenched Space With Wraparound, Wall-To-Wall Windows, Bold Exposed Ductwork, And Striking Concrete Columns That Embody True Loft Living. A truly wonderful open concept layout with hardwood floors throughout. Gorgeous L shaped chefs kitchen with Quartz counters, Stainless Steel Appliances, plenty of cabinetry space and spacious breakfast bar as well as breakfast room next to it. Open yet separate living and dining rooms, featuring great views with huge windows and Juliet balcony, space for any size dining table! Large Primary bedroom with a Walk-in closet featuring custom closet organizer. The primary includes a wonderful 4 piece ensuite bath with a stand up glass shower and marble countertop beautiful vanity. Spacious 2nd bedroom with West views and second full 4 piece bathroom with modern features and laundry room access. Great Amenities, Including A Fully Equipped Fitness Centre, A Stylish Party Room, Whirlpool, BBQ, A Rooftop Terrace With Panoramic Views, And A 24-Hour Concierge. And The Location? You're Just Steps From Islington Station, Making It A Commuter's Dream. Enjoy Quick Access To The TTC, Kipling GO, And The QEW. You're Surrounded By Great Local Cafes, Parks, And Restaurants In The Heart Of Etobicoke. Just Minutes Away, Explore Kingsway Village With Its Charming Shops, The Historic Kingsway Theatre, And Vibrant Dining Scene. Outdoor Lovers Will Appreciate Being Close To James Gardens And Humber Bay Park, Both Offering Beautiful Trails And Scenic Escapes. If You're Looking For A Unique Space That Offers Both Style And Substance, This Loft Could Be Your Next Move!
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- W13555704
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Bloor & Islington
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Concrete
- Foundation
- Poured Concrete
- Roof
- Rolled
- Maintenance
- $1,200/mo
- Exposure
- South
- Property tax
- $3,844 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Rooms
hardwood floor · double closet · window
hardwood floor · stainless steel appl · quartz counter
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · open concept
hardwood floor · double closet · finished
hardwood floor · open concept · window
hardwood floor · open concept
Listed at $800,000, this home is tracking about 17% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $825K, a bit lower.
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 $790K
- Bedrooms −$30K
- Adjusts to $760K
That comparable adjusts to $760K; the $962K estimate above is the median of all 5 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.
Total price vs nearby homes. Fair value about $962K, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 18% below the area average of $747/sqft.
On the market now.
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: Bloor St At Green Lanes, about 138 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 $640,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,415
- Property tax
- $320
- Condo / maintenance fees
- $1,200
- Heating
- $0
- Estimated monthly cost
- $4,936
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,475
- Toronto municipal land transfer tax
- $12,475
- Estimated closing costs
- $24,950
Plus your down payment of $160,000. 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
- $204,917
- Principal paid down
- $81,504
- Interest paid
- $123,413
- Balance remaining
- $558,496
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 RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.