122-32 Fieldway Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13591160

$499,900
For Sale
Just listed today
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to this beautifully designed 2-storey stacked townhouse in the heart of Islington-City Centre West, one of Etobicoke's most connected and desirable communities. Offering a functional 1-bedroom plus den layout comes with both Parking & Oversize Locker, this bright south-facing home combines modern comfort with unbeatable convenience.Thoughtfully situated within the complex away from road traffic and subway tracks, this quiet courtyard-facing unit provides a peaceful retreat while keeping you close to everything the city has to offer. The open-concept main level features a modern kitchen with stainless steel appliances, breakfast bar seating, and seamless flow into the living area, creating the perfect space for everyday living and entertaining.The spacious bedroom offers generous closet space and natural light, while the versatile den provides flexibility for a home office, or study area-ideal for today's lifestyle. Laminate flooring throughout adds a clean, contemporary feel.One of the property's standout features is the inclusion of both underground parking space and locker, offering additional storage.Located just a short walk to Islington Subway Station, Kipling Subway Station, Kipling GO, and airport transit connections, commuting throughout Toronto and the GTA is effortless. Enjoy nearby parks, walking trails, restaurants, shopping, grocery stores, banks, cinemas, and everyday amenities, all within minutes of your doorstep.Whether you're a first-time buyer, young professional, downsizer, or investor, this move-in-ready townhouse offers an exceptional opportunity to own in one of Etobicoke's most convenient and rapidly growing neighborhoods.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13591160
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Islington/Bloor St. W
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$362/mo
Exposure
South East
Property tax
$2,953 / 2025
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomMain4.48 × 3.13 m

laminate · closet · window floor to ceiling

KitchenMain2.74 × 2.43 m

open concept · breakfast bar · stainless steel appl

DenLower3.07 × 2.34 m

laminate · closet

BedroomLower3.71 × 3.04 m

laminate · double closet · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$530Kest. value

Listed at $499,900, this home is about 6% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($770/sqft) is above the area, which usually points to a smaller or more efficient layout.

In Islington-City Centre West lately, sellers have been getting about 100% of asking and homes sell in about 22 days. Prices are up 9% versus a year ago.

There were not many closely comparable homes right in Islington-City Centre West, so I widened the search to the surrounding area.

Based on 7 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 7 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $591K, 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, sold for $515K
  • Adjusts to $515K

That comparable adjusts to $515K; the $530K estimate above is the median of all 7 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$500KGreat deal$590KOverpriced

Total price vs nearby homes. Fair value about $530K, 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$621kavg asking

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

342-415 Jarvis Street$665k14-660B Wellington Street$550k79-23 Eldora Avenue$499k333-26 Douro Street$770k

The 4 closest active listings nearby.

See all comparable homes
500kThis home665k550k499k770kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $699K
$770this home / sqft
11active listings nearby
9sold nearby · 90 days
$1.03Mmedian sold price
100%of asking, on average
+9%vs a year ago

This home lists 10% above the area average of $698/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.

Nearby neighbourhoods

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

New Toronto
$780K
Niagara
$739K
Humbermede
$509K
Willowdale East
$654K
Newtonbrook West
$738K

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 2.6 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$2,278/mo
$105KIncome needed
4.8×Price ÷ income
$526Weekly 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.

79%mortgage
Mortgage $2,278Property tax $246Condo fee $362Total carry $2,887

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,742Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$246
Condo / maintenance fees
$362
Heating
$0
Estimated monthly cost
$2,742

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$2,050/mo
$24,600Gross annual rent
2.8%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.

4.9%
Gross yield
− Property tax $2,953− Condo fees $4,349− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,992

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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