1609-235 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13823302

$449,800
For Sale
Listed 25 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome To 235 Sherway Garden Unit 1609, Absolutely Gorgeous One Bedroom Plus Den In Popular One Sherway Tower.
  • Open Concept Kitchen, Living And Dining.
  • This Lovely Unit Features Hardwood Flooring Throughout, 9Ft Ceilings, Private Large Balcony, Ensuite Laundry And Much More.
  • 1 Underground Parking And 1 Locker.
  • Top Notch Amenities, Including: 24-Hour Concierge Service, New Uneekor Golf Simulator, Fitness Center, Indoor Pool, Hot Tub And Sauna, Party Room, Guest Suites...

Welcome To 235 Sherway Garden Unit 1609, Absolutely Gorgeous One Bedroom Plus Den In Popular One Sherway Tower. Open Concept Kitchen, Living And Dining. Unobstructed View Allows For Plenty Of Light All Day. This Lovely Unit Features Hardwood Flooring Throughout, 9Ft Ceilings, Private Large Balcony, Ensuite Laundry And Much More. White Kitchen With Stainless Steel Fridge/Stove, Backsplash And Breakfast Bar. Den is Perfect for a Home Office. 1 Underground Parking And 1 Locker. Top Notch Amenities, Including: 24-Hour Concierge Service, New Uneekor Golf Simulator, Fitness Center, Indoor Pool, Hot Tub And Sauna, Party Room, Guest Suites, Visitor Parking, Top Dining Options, Library, Media Room, Yoga Room, Games Room (Billiards And Ping Pong). Other Great Features Include Possibility To Set Up EV Charging. Walking Distance To Sherway Gardens Mall, Great Restaurants, Shopping And TTC At Your Doorsteps. Mins To Hwy 427, QEW & Gardener. Move In & Enjoy!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13823302
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
427 & Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$535/mo
Exposure
North
Property tax
$2,096 / 2025
Days on market
25
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

KitchenMain3.36 × 2.58 m

ceramic floor · open concept

Dining RoomMain3.37 × 4.70 m

laminate · combined w/living

Cold Room/CantinaMain2.76 × 1.70 m
BedroomMain2.76 × 3.71 m

laminate · large closet

DenMain2.72 × 2.21 m

laminate · open concept

Living RoomMain3.37 × 4.70 m

laminate · combined w/dining

BathroomMain1.50 × 2.40 m

ceramic floor · 4 pc bath

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 Lanor Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$437kavg asking

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

Per square foot, these ask about $769/sqft; this home lists at $819/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
450kThis home449k460k415k399k460kThis home vs active comparables

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
Little Portugal
$549K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$727K
Waterfront Communities C1
$691K

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 2 more schools within 2.5 km
Sir Adam Beck Junior School · Public elementary1.2 km · 86% at standard
St Josaphat Catholic School · Catholic elementary2.5 km · 45% at standard

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

Affordability & Mortgage

Affordability
$2,050/mo
$97KIncome needed
4.6×Price ÷ income
$473Weekly cost
$10,942Land 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.

74%mortgage
Mortgage $2,050Property tax $175Condo fee $535Total carry $2,759

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,990per month

Mortgage amount $359,840 · 4.49% over 25 years

$89,960Down payment (20.0%)
$359,840Loan before insurance
$0CMHC premium
$2,699Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,990
Property tax
$175
Condo / maintenance fees
$535
Heating
$0
Estimated monthly cost
$2,699

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

One-time closing costs

Ontario land transfer tax
$5,471
Toronto municipal land transfer tax
$5,471
Estimated closing costs
$10,942

Plus your down payment of $89,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,408/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

$237,045Total interest paid
$596,885Total of all payments
Principal $359,840 Interest $237,045
YearPrincipalInterestBalance
1$8,030$15,845$351,810
2$8,395$15,481$343,415
3$8,776$15,100$334,639
4$9,174$14,701$325,465
5$9,591$14,285$315,874
6$10,026$13,849$305,848
7$10,482$13,394$295,366
8$10,957$12,918$284,409
9$11,455$12,420$272,954
10$11,975$11,900$260,979
11$12,519$11,357$248,460
12$13,087$10,788$235,373
13$13,681$10,194$221,691
14$14,303$9,573$207,389
15$14,952$8,923$192,437
16$15,631$8,245$176,806
17$16,341$7,535$160,465
18$17,083$6,793$143,383
19$17,858$6,017$125,525
20$18,669$5,206$106,856
21$19,517$4,359$87,339
22$20,403$3,473$66,937
23$21,329$2,546$45,607
24$22,298$1,578$23,310
25$23,310$565$0

At the end of your 5-year term

Total paid over the term
$119,377
Principal paid down
$43,966
Interest paid
$75,411
Balance remaining
$315,874

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$1,700/mo
$20,400Gross annual rent
2.0%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.

4.5%
Gross yield
− Property tax $2,096− Condo fees $6,414− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,045

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

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