314-362 The East Mall Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13802618

$599,900
For Sale
Listed 31 days agoNo offer date stated
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • This condo is the one you've have been waiting for.
  • The living area is open concept with space for a sectional couch and chairs and a 6-seater dining table.
  • Primary bedroom is king sized to fit a large bed and dresserw with a Walk-Thru closet & a 2 Pc ensuite.
  • 2 more spacious bedrooms(one is a den converted to a bedroom with a closet) and smooth laminate floors throughout.
  • Enjoy the Indoor/Outdoor Pool, Gym, Games Room, Squash, Rec.

Downsizers! This condo is the one you've have been waiting for! Spacious and designed with all your furniture in mind. This Corner Unit is on a lower floor and comes with a large private balcony and beautiful park views from all rooms. The living area is open concept with space for a sectional couch and chairs and a 6-seater dining table. The kitchen has ample storage cabinets and can accomodate more! Primary bedroom is king sized to fit a large bed and dresserw with a Walk-Thru closet & a 2 Pc ensuite. 2 more spacious bedrooms(one is a den converted to a bedroom with a closet) and smooth laminate floors throughout! This unit comes with an ensuite laundry room, an ensuite storage unit,1 parking and all utilities included! Plus excellent amenities to enjoy. Updated & Ready to move in! Bus stop steps from condo. 6 min drive to the Kipling subway! Enjoy the Indoor/Outdoor Pool, Gym, Games Room, Squash, Rec. Center, Sauna, Hot Tub, Kids Play Room, 24 Hours Security, Close To Loblaws & Cloverdale Mall W/Easy Access To The 427 & 401! Extra parking spots are available to rent as per availability.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13802618
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Bloor & The East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,001/mo
Exposure
East
Property tax
$1,857 / 2026
Days on market
31
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Bedroom 2Flat4.15 × 3.02 m

laminate · overlooks park · double closet

Dining RoomFlat3.35 × 2.74 m

laminate · combined w/living · open concept

KitchenFlat3.96 × 3.32 m

eat-in kitchen · pantry

Bedroom 3Flat3.91 × 2.67 m

laminate · overlooks park · closet

Primary BedroomFlat5.12 × 3.14 m

overlooks park · walk-in closet(s) · 2 pc ensuite

LaundryFlat1.83 × 1.52 m

Ceramic Floor

LockerFlat1.70 × 1.25 m

Separate Room

Living RoomFlat5.79 × 3.48 m

laminate · open concept · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

Markland Wood
$680K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 · 0.6 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Burnhamthorpe Collegiate Institute · Public secondary0.7 km
Eatonville Junior School · Public elementary0.8 km · 75% at standard
West Glen Junior School · Public elementary0.9 km · 57% at standard
Wedgewood Junior School · Public elementary1.1 km · 79% at standard
Bloordale Middle School · Public elementary1.1 km · 69% at standard
Etobicoke Secondary Alternative School · Public secondary1.2 km
Broadacres Junior Public School · Public elementary1.2 km · 55% at standard
Our Lady of Peace Catholic School · Catholic elementary1.5 km · 71% at standard
St Clement Catholic School · Catholic elementary1.6 km · 85% at standard
Millwood Junior School · Public elementary1.8 km · 65% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.8 km · 68% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary2.0 km · 83% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,734/mo
$131KIncome needed
4.6×Price ÷ income
$631Weekly cost
$16,946Land transfer tax, one-time (Ontario + Toronto)
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.

70%mortgage
Mortgage $2,734Property tax $155Condo fee $1,001Total carry $3,890

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,654per month

Mortgage amount $479,920 · 4.49% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,809Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$155
Condo / maintenance fees
$1,001
Heating
$0
Estimated monthly cost
$3,809

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,148Total interest paid
$796,068Total of all payments
Principal $479,920 Interest $316,148
YearPrincipalInterestBalance
1$10,710$21,133$469,210
2$11,196$20,647$458,014
3$11,704$20,138$446,310
4$12,236$19,607$434,074
5$12,791$19,051$421,283
6$13,372$18,471$407,910
7$13,979$17,863$393,931
8$14,614$17,229$379,317
9$15,278$16,565$364,040
10$15,971$15,872$348,068
11$16,696$15,146$331,372
12$17,454$14,388$313,918
13$18,247$13,596$295,671
14$19,075$12,767$276,595
15$19,942$11,901$256,654
16$20,847$10,996$235,807
17$21,793$10,049$214,013
18$22,783$9,060$191,230
19$23,817$8,025$167,413
20$24,899$6,944$142,514
21$26,029$5,813$116,485
22$27,211$4,632$89,273
23$28,447$3,396$60,827
24$29,738$2,104$31,089
25$31,089$754$0

At the end of your 5-year term

Total paid over the term
$159,214
Principal paid down
$58,637
Interest paid
$100,576
Balance remaining
$421,283

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$4,100/mo
$49,200Gross annual rent
4.9%Cap rate after taxes and upkeep

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.

8.2%
Gross yield
− Property tax $1,857− Condo fees $12,017− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,314

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

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