1412-205 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13576814

$548,800
For Sale
Just listed today
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to this beautifully renovated, move-in-ready suite in the prestigious One Sherway community. Freshly painted and finished with brand-new laminate flooring throughout, this bright and inviting home truly feels like new. The thoughtfully designed open-concept layout provides comfortable space for everyday living and entertaining, enhanced by soaring 9-foot ceilings and large west-facing windows that fill the suite with warm afternoon light. Unlike many units in the area, this home overlooks the quiet landscaped courtyard rather than the highway, creating a peaceful and private setting to enjoy every day. The upgraded kitchen features elegant granite countertops, quality stainless steel appliances and generous workspace, while the beautifully updated bathroom adds a fresh, modern touch. The spacious bedroom offers excellent closet space, making this suite ideal for professionals, first-time buyers, downsizers or investors. Residents enjoy exceptional resort-style amenities, including a 24-hour concierge, indoor pool, hot tub, steam room, saunas, fully equipped fitness centre, yoga studio, theatre room, party room, billiards lounge, guest suites, study room, sun deck and ample visitor parking. Ideally located just steps from Sherway Gardens, restaurants, parks, walking trails, transit connections, Trillium Health Centre and everyday conveniences, with quick access to Highways 427, the Gardiner and QEW. Costco, IKEA, Walmart and many other shopping options are nearby. Vacant and exceptionally easy to show, this immaculate suite offers flexible closing and immediate possession. Whether you are purchasing your first home, downsizing or adding a quality investment property to your portfolio, this beautifully updated suite combines style, comfort, tranquillity, and an unbeatable location. Simply unpack and enjoy the exceptional One Sherway lifestyle from day one. A turnkey opportunity in a highly desirable location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13576814
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
Qew>evans Ave
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$657/mo
Exposure
West
Property tax
$2,617 / 2026
Listing brokerage
SUTTON GROUP QUANTUM REALTY INC.

Rooms

Primary BedroomMain4.45 × 2.69 m
Bedroom 2Main3.05 × 2.57 m
KitchenMain2.67 × 2.51 m
Living RoomMain5.36 × 3.58 m
Moe’s TakeTeam Asgarian · Broker
In line
$541Kest. value

Listed at $548,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 38 similar homes nearby, adjusted for size, beds, and baths.Median of 38 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $578K, 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 $499K
  • Adjusts to $499K

That comparable adjusts to $499K; the $541K estimate above is the median of all 38 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 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.

On location, this is a very walkable address with everyday errands close by. Sherway Gardens Rd at Sherway Gate Mall) is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$512KGreat deal$563KOverpriced

Total price vs nearby homes. Fair value about $541K, median of 38 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$524kavg asking

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

207-20 Thomas Riley Road$540k605-1 Michael Power Place$519k2238-35 Viking Lane$510k1123-5233 Dundas Street$550k2101-1 Valhalla Inn Road$499k

The 5 closest of 8 active listings nearby.

See all comparable homes
549kThis home540k519k510k550k499kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $510K
$732this home / sqft
74active listings nearby

This home lists 3% below the area average of $755/sqft.

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

78/ 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: Sherway Gardens Rd at Sherway Gate Mall), about 51 m away

20+ transit stops4 grocery20+ dining11 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
Waterfront Communities C8
$1.19M
Church-Yonge Corridor
$577K

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 · 1.0 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$2,501/mo
$118KIncome needed
4.6×Price ÷ income
$577Weekly 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 $2,501Property tax $218Condo fee $657Total carry $3,376

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)
$2,343per month

Mortgage amount $439,040 · 4.14% over 25 years

$109,760Down payment (20.0%)
$439,040Loan before insurance
$0CMHC premium
$3,218Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,343
Property tax
$218
Condo / maintenance fees
$657
Heating
$0
Estimated monthly cost
$3,218

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

One-time closing costs

Ontario land transfer tax
$7,451
Toronto municipal land transfer tax
$7,451
Estimated closing costs
$14,902

Plus your down payment of $109,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,846/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

$263,824Total interest paid
$702,864Total of all payments
Principal $439,040 Interest $263,824
YearPrincipalInterestBalance
1$10,285$17,829$428,755
2$10,715$17,399$418,039
3$11,164$16,951$406,876
4$11,631$16,484$395,245
5$12,117$15,998$383,128
6$12,624$15,491$370,504
7$13,152$14,963$357,352
8$13,702$14,413$343,650
9$14,275$13,839$329,375
10$14,872$13,242$314,503
11$15,494$12,620$299,008
12$16,143$11,972$282,866
13$16,818$11,297$266,048
14$17,521$10,593$248,527
15$18,254$9,860$230,273
16$19,018$9,097$211,255
17$19,813$8,301$191,442
18$20,642$7,473$170,800
19$21,505$6,609$149,295
20$22,405$5,710$126,890
21$23,342$4,773$103,548
22$24,318$3,796$79,230
23$25,335$2,779$53,895
24$26,395$1,719$27,499
25$27,499$615$0

At the end of your 5-year term

Total paid over the term
$140,573
Principal paid down
$55,912
Interest paid
$84,661
Balance remaining
$383,128

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$2,400/mo
$28,800Gross annual rent
2.6%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.

5.2%
Gross yield
− Property tax $2,617− Condo fees $7,884− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,531

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP QUANTUM REALTY INC.. MLS®/PropTx.

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