2702-15 Viking Lane, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13678102

$655,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
2Garage
700-799Sq Ft

About this home

Exquisite Corner Unit On The 27th Floor Of The Luxurious Parc Nuvo Tridel Building. 2 Bed & 2 Bath/2 Parking and 1 Locker Unit With Unobstructed Southern Views Of The Lake And City. Airy 9' Ceilings Throughout. Condo Living At Its Finest With World Class Amenities. Steps To Kipling TTC Subway and Buses, GO Transit and MiWay Mississauga.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13678102
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Kipling/Dundas St. West
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$657/mo
Exposure
South
Property tax
$2,798 / 2025
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomMain4.44 × 3.44 m

4 Pc Ensuite

Living RoomMain3.60 × 3.80 m

W/O To Balcony

KitchenMain3.42 × 1.75 m

Separate Room

FoyerMain2.20 × 2.52 m

Carpet Free

Bedroom 2Main2.91 × 2.66 m

Carpet Free

Our TakeTeam Asgarian · Broker
Above comparables
$497Kest. value

Listed at $655,000, and my independent estimate is about 32% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 96% of asking; homes sell in ~41 days.

List price
$468KGreat deal$655KOverpriced

Total price vs nearby homes. Fair value about $497K, median of 80 comparables.

How this estimate is builtthe short version

I take the 80 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 $568K, a bit higher.

What the listing highlights1 point to weigh

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

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Based on 80 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$627kavg asking

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

2502-15 Viking Lane$660k1303-15 Viking Lane$628k218-2 Fieldway Road$600k1810-235 Sherway Gardens Road$650k202-15 Zorra Street$595k

The 5 closest of 8 active listings nearby.

See all comparable homes
655kThis home660k628k600k650k595kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $509K
$874this home / sqft
80active listings nearby
98sold nearby · 90 days
$510Kmedian sold price
96%of asking, on average

This home lists 14% above the area average of $764/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.

Mimico
$543K
South Parkdale
$629K
Niagara
$488K
Waterfront Communities C1
$762K
Church-Yonge Corridor
$644K

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
$2,985/mo
$137KIncome needed
4.8×Price ÷ income
$689Weekly 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.

77%mortgage
Mortgage $2,985Property tax $233Condo fee $657Total carry $3,875

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 14, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,825per month

Mortgage amount $524,000 · 4.24% over 25 years

$131,000Down payment (20.0%)
$524,000Loan before insurance
$0CMHC premium
$3,715Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,825
Property tax
$233
Condo / maintenance fees
$657
Heating
$0
Estimated monthly cost
$3,715

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

One-time closing costs

Ontario land transfer tax
$9,575
Toronto municipal land transfer tax
$9,575
Estimated closing costs
$19,150

Plus your down payment of $131,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$3,428/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

$323,483Total interest paid
$847,483Total of all payments
Principal $524,000 Interest $323,483
YearPrincipalInterestBalance
1$12,107$21,792$511,893
2$12,626$21,274$499,267
3$13,167$20,733$486,101
4$13,731$20,168$472,370
5$14,319$19,580$458,051
6$14,933$18,966$443,118
7$15,573$18,327$427,545
8$16,240$17,659$411,305
9$16,936$16,963$394,369
10$17,662$16,238$376,708
11$18,418$15,481$358,289
12$19,208$14,692$339,082
13$20,031$13,869$319,051
14$20,889$13,010$298,162
15$21,784$12,115$276,378
16$22,717$11,182$253,661
17$23,691$10,209$229,970
18$24,706$9,193$205,264
19$25,765$8,135$179,500
20$26,869$7,031$152,631
21$28,020$5,879$124,611
22$29,221$4,679$95,391
23$30,473$3,427$64,918
24$31,778$2,121$33,140
25$33,140$759$0

At the end of your 5-year term

Total paid over the term
$169,497
Principal paid down
$65,949
Interest paid
$103,547
Balance remaining
$458,051

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
2.2%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.

4.4%
Gross yield
− Property tax $2,798− Condo fees $7,879− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,355

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

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