1602-15 Viking Lane, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13659682

$639,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Wake up to panoramic views of Lake Ontario, the Toronto skyline & spectacular sunsets from this exceptional southwest facing corner suite in one of Tridel's premier luxury residences, "Parc Nuvo." With floor to ceiling windows on two sides, this bright, beautifully designed home is filled with natural light & offers 2 generously sized bedrooms, 2 full bathrooms & a highly sought after split bedroom layout for the perfect balance of privacy & functionality.Designed for modern living, the thoughtfully designed floor plan welcomes you with a private foyer, creating a warm first impression while keeping your living space out of sight from the front door. The open concept layout features 9 foot ceilings, floor to ceiling windows, a contemporary kitchen with stainless steel appliances, centre island/breakfast bar, ensuite laundry & a private balcony overlooking the lake & skyline. The spacious primary retreat features his & hers closets & a private 3 piece ensuite. Complete with parking & locker.The location is second to none. Simply cross the street to Kipling Subway Station, GO Station, MiWay transit, grocery stores, restaurants, cafés, medical offices & everyday shopping. Enjoy quick access to Highways 427, Gardiner Expressway & 401, Pearson International Airport, downtown Toronto, the waterfront, parks, bike trails, Sherway Gardens & excellent schools. With a Walk Score of 88 & Transit Score of 98, almost everything you need is within easy reach.Residents enjoy first class Tridel amenities including 24 hour concierge, indoor swimming pool, fitness centre, sauna, theatre room, party room, billiards, meeting room & outdoor BBQ terrace.Whether you're a professional seeking an effortless commute, a frequent traveller wanting quick airport access, or a downsizer looking for luxury without compromise, this spectacular home offers breathtaking views, quality construction & unmatched convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13659682
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Kipling/Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$695/mo
Exposure
South West
Property tax
$2,903 / 2026
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
Above comparables
$585Kest. value

Listed at $639,000, and my independent estimate is about 9% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 96% of asking; homes sell in ~39 days.

List price
$568KGreat deal$639KOverpriced

Total price vs nearby homes. Fair value about $585K, median of 13 comparables.

How this estimate is builtthe short version

I take the 13 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $591K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($752/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 13 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$636kavg asking

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

1810-235 Sherway Gardens Road$650k2504-5 Valhalla Inn Road$625k1603-3 Michael Power Place$619k904-25 Cordova Avenue$600k3832-5 Mabelle Avenue$688k

The 5 closest of 8 active listings nearby.

See all comparable homes
639kThis home650k625k619k600k688kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $559K
$752this home / sqft
51active listings nearby
98sold nearby · 90 days
$510Kmedian sold price
96%of asking, on average

This home lists 3% above the area average of $728/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.

High Park-Swansea
$589K
Mimico
$695K
Dovercourt-Wallace Emerson-Junction
$450K
Niagara
$609K
Waterfront Communities C1
$740K

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 · 1.6 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,912/mo
$135KIncome needed
4.7×Price ÷ income
$672Weekly 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.

76%mortgage
Mortgage $2,912Property tax $242Condo fee $695Total carry $3,849

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 10, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,742per month

Mortgage amount $511,200 · 4.19% over 25 years

$127,800Down payment (20.0%)
$511,200Loan before insurance
$0CMHC premium
$3,679Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,742
Property tax
$242
Condo / maintenance fees
$695
Heating
$0
Estimated monthly cost
$3,679

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

One-time closing costs

Ontario land transfer tax
$9,255
Toronto municipal land transfer tax
$9,255
Estimated closing costs
$18,510

Plus your down payment of $127,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$3,329/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

$311,378Total interest paid
$822,578Total of all payments
Principal $511,200 Interest $311,378
YearPrincipalInterestBalance
1$11,893$21,010$499,307
2$12,397$20,506$486,910
3$12,922$19,982$473,988
4$13,469$19,434$460,520
5$14,039$18,864$446,481
6$14,633$18,270$431,848
7$15,253$17,650$416,595
8$15,899$17,004$400,696
9$16,572$16,331$384,124
10$17,273$15,630$366,851
11$18,005$14,898$348,846
12$18,767$14,136$330,079
13$19,562$13,341$310,517
14$20,390$12,513$290,127
15$21,253$11,650$268,874
16$22,153$10,750$246,721
17$23,091$9,812$223,630
18$24,069$8,835$199,562
19$25,088$7,816$174,474
20$26,150$6,753$148,324
21$27,257$5,646$121,067
22$28,411$4,492$92,656
23$29,614$3,289$63,042
24$30,868$2,035$32,175
25$32,175$729$0

At the end of your 5-year term

Total paid over the term
$164,516
Principal paid down
$64,719
Interest paid
$99,796
Balance remaining
$446,481

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$2,700/mo
$32,400Gross annual rent
2.7%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.

5.1%
Gross yield
− Property tax $2,903− Condo fees $8,340− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,993

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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