406-10 Gibbs Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13819794

$569,000
For Sale
Listed 27 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this bright and spacious 2-bedroom, 2-bath corner unit in prime West Etobicoke.
  • Freshly painted and move-in ready, it features 9-foot ceilings, a beautifully upgraded kitchen with custom built-in cabinetry, an integrated fridge, and seamlessly...
  • Ideally located near Highways 427 and 401, Pearson Airport, transit, Cloverdale Mall, Sherway Gardens, shops, restaurants and groceries.
  • Residents enjoy resort-style amenities, including a 24-hour concierge, outdoor pool, gym, yoga area, sauna, theatre room, party room, kids playroom, rooftop patio...

Welcome to this bright and spacious 2-bedroom, 2-bath corner unit in prime West Etobicoke. Freshly painted and move-in ready, it features 9-foot ceilings, a beautifully upgraded kitchen with custom built-in cabinetry, an integrated fridge, and seamlessly integrated appliances for a sleek, modern look. Also offering ensuite laundry, custom built-in closets in the primary, secondary and main entrance, custom window coverings, and a rare wraparound terrace. Ideally located near Highways 427 and 401, Pearson Airport, transit, Cloverdale Mall, Sherway Gardens, shops, restaurants and groceries. Residents enjoy resort-style amenities, including a 24-hour concierge, outdoor pool, gym, yoga area, sauna, theatre room, party room, kids playroom, rooftop patio, and a pet spa. A shuttle bus runs daily to Kipling Station and on weekends to Sherway Gardens and nearby grocery destinations. Includes one underground parking spot and internet. This beautiful condo offers the perfect combination of style, comfort, and convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13819794
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Bloor St W & The East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$793/mo
Exposure
North West
Property tax
$3,016 / 2025
Days on market
27
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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 · 0.4 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
Eatonville Junior School · Public elementary0.6 km · 75% at standard
Etobicoke Secondary Alternative School · Public secondary0.9 km
Bloordale Middle School · Public elementary1.0 km · 69% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.0 km
West Glen Junior School · Public elementary1.2 km · 57% at standard
Wedgewood Junior School · Public elementary1.2 km · 79% at standard
Broadacres Junior Public School · Public elementary1.4 km · 55% at standard
St Clement Catholic School · Catholic elementary1.4 km · 85% at standard
Millwood Junior School · Public elementary1.6 km · 65% at standard
Our Lady of Peace Catholic School · Catholic elementary1.6 km · 71% at standard
Nativity of Our Lord Catholic School · Catholic elementary2.0 km · 68% at standard
Seneca School · Public elementary2.2 km

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

Affordability & Mortgage

Affordability
$2,593/mo
$125KIncome needed
4.5×Price ÷ income
$598Weekly cost
$15,710Land 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.

71%mortgage
Mortgage $2,593Property tax $251Condo fee $793Total carry $3,637

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)
$2,517per month

Mortgage amount $455,200 · 4.49% over 25 years

$113,800Down payment (20.0%)
$455,200Loan before insurance
$0CMHC premium
$3,561Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,517
Property tax
$251
Condo / maintenance fees
$793
Heating
$0
Estimated monthly cost
$3,561

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

One-time closing costs

Ontario land transfer tax
$7,855
Toronto municipal land transfer tax
$7,855
Estimated closing costs
$15,710

Plus your down payment of $113,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,046/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

$299,864Total interest paid
$755,064Total of all payments
Principal $455,200 Interest $299,864
YearPrincipalInterestBalance
1$10,158$20,044$445,042
2$10,619$19,583$434,423
3$11,102$19,101$423,321
4$11,606$18,597$411,715
5$12,132$18,070$399,583
6$12,683$17,519$386,900
7$13,259$16,943$373,640
8$13,861$16,341$359,779
9$14,491$15,712$345,288
10$15,149$15,054$330,140
11$15,836$14,366$314,304
12$16,555$13,647$297,748
13$17,307$12,895$280,441
14$18,093$12,110$262,348
15$18,914$11,288$243,434
16$19,773$10,429$223,661
17$20,671$9,532$202,990
18$21,609$8,593$181,380
19$22,591$7,612$158,790
20$23,616$6,586$135,173
21$24,689$5,514$110,485
22$25,810$4,393$84,675
23$26,981$3,221$57,694
24$28,207$1,996$29,487
25$29,487$715$0

At the end of your 5-year term

Total paid over the term
$151,013
Principal paid down
$55,617
Interest paid
$95,396
Balance remaining
$399,583

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
2.8%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.

5.7%
Gross yield
− Property tax $3,016− Condo fees $9,511− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,708

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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