PH304-101 Subway Crescent, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13591500

$999,000
For Sale
Just listed today
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3Bedrooms
3Bathrooms
4Garage
2250-2499Sq Ft
6 schools20+ transit stops12 parks20+ restaurantswithin 1.5 km

About this home

Welcome to the Residences at Kingsgate, a spectacular hotel-style 2-storey penthouse offering over 2,350 sq. ft. of luxurious living space. Rarely offered with 4 owned parking spaces, this grand corner suite combines the spacious feel of a detached home with the convenience of upscale condominium living. The breathtaking living room features soaring double-height ceilings, walls of windows, stunning panoramic views of the city skyline and Lake Ontario, a cozy gas fireplace, and a walk-out to an expansive 300 sq. ft. terrace-perfect for relaxing or entertaining.The formal dining room is surrounded by windows, filling the space with natural light, while the open-concept kitchen overlooks the terrace, making it ideal for hosting family and friends. Two generously sized bedrooms on the main level share a 4-piece ensuite bathroom. The entire upper level is dedicated to the private primary retreat, complete with a walk-in closet and a spa-inspired ensuite featuring double sinks, a massive vanity, a Jacuzzi tub, and a glass shower.Ideally located just steps from Kipling Subway and GO Stations, with quick access to Highways 427, 401, and the Gardiner/QEW, and only 15 minutes from Toronto Pearson Airport. Shopping at Costco, IKEA, and Sherway Gardens is just minutes away. Residents enjoy outstanding amenities including a sunlit indoor pool, sauna, fitness centre, guest suites, party room, concierge, and visitor parking.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
W13591500
Bedrooms
3
Bathrooms
3 (1 half)
Size
2250-2499
Cross streets
Kipling/Dundas
Parking
4 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,871/mo
Exposure
South West
Property tax
$4,962 / 2025
Listing brokerage
POWER 7 REALTY

Rooms

KitchenFlat7.35 × 3.20 m

stainless steel appl · granite counters · open concept

Dining RoomFlat40.10 × 3.35 m

ceramic floor · window floor to ceiling · glass doors

Living RoomFlat6.38 × 5.79 m

ceramic floor · cathedral ceiling(s) · gas fireplace

LaundryFlat4.81 × 3.20 m

ceramic floor · sliding doors

Primary BedroomSecond6.48 × 4.08 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Bedroom 3Flat3.58 × 3.00 m

hardwood floor · closet · large window

Bedroom 2Flat4.25 × 3.07 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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. Kipling Bus Terminal Platform 15 is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.
  • 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.
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.02Mavg asking

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

109-326 Carlaw Avenue$2.00M1014-155 Dalhousie Street$1.55MPH04-99 Harbour Square$2.29M609-259 The Kingsway$2.25M

The 4 closest active listings nearby.

See all comparable homes
999kThis home2.00M1.55M2.29M2.25MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $585K
$421this home / sqft
67active listings nearby
93sold nearby · 90 days
$525Kmedian sold price
96%of asking, on average
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

86/ 100

Walker's ParadiseA 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: Kipling Bus Terminal Platform 15, about 54 m away

20+ transit stops4 grocery20+ dining12 parks7 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
$994K
High Park-Swansea
$550K
Niagara
$740K
Annex
$513K
Waterfront Communities C1
$653K

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$4,553/mo
$225KIncome needed
4.4×Price ÷ income
$1,051Weekly 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.

67%mortgage
Mortgage $4,553Property tax $414Condo fee $1,871Total carry $6,837

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)
$4,265per month

Mortgage amount $799,200 · 4.14% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$6,549Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,265
Property tax
$414
Condo / maintenance fees
$1,871
Heating
$0
Estimated monthly cost
$6,549

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,180/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

$480,248Total interest paid
$1,279,448Total of all payments
Principal $799,200 Interest $480,248
YearPrincipalInterestBalance
1$18,722$32,455$780,478
2$19,506$31,672$760,972
3$20,322$30,856$740,650
4$21,172$30,006$719,479
5$22,057$29,121$697,422
6$22,980$28,198$674,442
7$23,941$27,237$650,501
8$24,942$26,236$625,559
9$25,986$25,192$599,573
10$27,073$24,105$572,500
11$28,205$22,973$544,295
12$29,385$21,793$514,911
13$30,614$20,564$484,297
14$31,894$19,284$452,402
15$33,229$17,949$419,174
16$34,618$16,560$384,555
17$36,066$15,111$348,489
18$37,575$13,603$310,914
19$39,147$12,031$271,767
20$40,784$10,394$230,983
21$42,490$8,688$188,493
22$44,267$6,910$144,225
23$46,119$5,059$98,106
24$48,048$3,130$50,058
25$50,058$1,120$0

At the end of your 5-year term

Total paid over the term
$255,890
Principal paid down
$101,778
Interest paid
$154,111
Balance remaining
$697,422

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$7,650/mo
$91,800Gross annual rent
5.4%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.

9.2%
Gross yield
− Property tax $4,962− Condo fees $22,448− Insurance $600− Vacancy & upkeep $10,098Net operating income $53,692

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of POWER 7 REALTY. MLS®/PropTx.

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