302-1 Lomond Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13834756

$849,000
For Sale
Listed 21 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Unit 302 at 1 Lomond Drive, ideally situated in a sought-after west-end neighbourhood.
  • This well-appointed 2+Den, 2 Bathroom suite offers 1,250 sq. ft. of living space, with a functional layout that includes generous living and dining areas, a versatile...
  • The renovated kitchen features a bright breakfast area with a window, while both bedroom offer walk-in closets.
  • Residents enjoy a full range of building amenities, including 24-hour concierge service, party room, gym, billiards room and bicycle storage.

Welcome to Unit 302 at 1 Lomond Drive, ideally situated in a sought-after west-end neighbourhood. This well-appointed 2+Den, 2 Bathroom suite offers 1,250 sq. ft. of living space, with a functional layout that includes generous living and dining areas, a versatile den, in-suite laundry and one dedicated parking space. The renovated kitchen features a bright breakfast area with a window, while both bedroom offer walk-in closets. Enjoy an exceptional location with Thomas Riley park directly behind the building and Islington subway station just steps away. The Kingsway is nearby, offering an array of shops, cafes and restaurant, with Sobeys and GoodLife Fitness directly across the street. Excellent schools are also within close proximity. Residents enjoy a full range of building amenities, including 24-hour concierge service, party room, gym, billiards room and bicycle storage. This smoke-free building offers a well-rounded lifestyle with generous living space, thoughtful updates and an unbeatable west-end location with everyday essentials and recreation right outside your door.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13834756
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Islington and Bloor
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Asphalt Shingle
Maintenance
$1,334/mo
Exposure
South West
Property tax
$4,105 / 2026
Days on market
21
Listing brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD.

Rooms

Living RoomFlat4.94 × 3.65 m

hardwood floor · crown moulding · w/o to patio

FoyerFlat1.47 × 1.14 m

Marble Floor

BreakfastFlat2.44 × 2.44 m

combined w/kitchen · window · ceramic floor

FoyerFlat3.40 × 1.60 m

hardwood floor · double closet

Dining RoomFlat3.26 × 3.04 m

hardwood floor · crown moulding · combined w/living

KitchenFlat2.79 × 2.44 m

ceramic floor · ceramic backsplash · quartz counter

DenFlat3.26 × 2.74 m

hardwood floor · crown moulding

Living RoomFlat5.00 × 3.65 m

hardwood floor · combined w/dining · crown moulding

Dining RoomFlat3.35 × 3.05 m

hardwood floor · combined w/living · crown moulding

Bedroom 2Flat4.27 × 2.74 m

hardwood floor · double closet · picture window

LaundryFlat2.35 × 1.10 m

Ceramic Floor

Primary BedroomFlat4.37 × 3.35 m

broadloom · walk-in closet(s) · 4 pc bath

BedroomFlat3.65 × 2.74 m

hardwood floor · walk-in closet(s)

Primary BedroomFlat4.26 × 3.20 m

hardwood floor · walk-in closet(s) · ensuite bath

DenFlat3.40 × 3.10 m

hardwood floor · french doors

KitchenFlat4.35 × 2.44 m

cork floor · granite counters · breakfast area

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

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO 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 Islington Junior Middle School
66%
Islington Junior Middle SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 66% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Sunnylea Junior School · Public elementary1.3 km · 96% at standard
Norseman Junior Middle School · Public elementary1.5 km · 77% at standard
Our Lady of Peace Catholic School · Catholic elementary1.5 km · 71% at standard
Lambton Kingsway Junior Middle School · Public elementary1.7 km · 91% at standard
Castlebar Junior School · Public elementary1.9 km · 82% at standard
Wedgewood Junior School · Public elementary1.9 km · 79% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Holy Angels Catholic School · Catholic elementary2.0 km · 84% at standard
Rosethorn Junior School · Public elementary2.0 km · 65% at standard
Humber Valley Village Junior Middle School · Public elementary2.1 km · 85% at standard
St Gregory Catholic School · Catholic elementary2.3 km · 83% at standard
Park Lawn Junior and Middle School · Public elementary2.3 km · 71% at standard

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

Affordability & Mortgage

Affordability
$3,869/mo
$187KIncome needed
4.5×Price ÷ income
$893Weekly cost
$26,910Land 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 $3,869Property tax $342Condo fee $1,334Total carry $5,546

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)
$3,755per month

Mortgage amount $679,200 · 4.49% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$5,431Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,755
Property tax
$342
Condo / maintenance fees
$1,334
Heating
$0
Estimated monthly cost
$5,431

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,545/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

$447,424Total interest paid
$1,126,624Total of all payments
Principal $679,200 Interest $447,424
YearPrincipalInterestBalance
1$15,157$29,908$664,043
2$15,845$29,220$648,198
3$16,564$28,500$631,634
4$17,317$27,748$614,317
5$18,103$26,962$596,214
6$18,925$26,140$577,290
7$19,784$25,281$557,506
8$20,682$24,383$536,823
9$21,621$23,444$515,202
10$22,603$22,462$492,599
11$23,629$21,436$468,970
12$24,702$20,363$444,268
13$25,824$19,241$418,444
14$26,996$18,069$391,448
15$28,222$16,843$363,226
16$29,503$15,562$333,722
17$30,843$14,222$302,879
18$32,243$12,822$270,636
19$33,707$11,358$236,929
20$35,238$9,827$201,691
21$36,838$8,227$164,853
22$38,510$6,555$126,343
23$40,259$4,806$86,084
24$42,087$2,978$43,998
25$43,998$1,067$0

At the end of your 5-year term

Total paid over the term
$225,325
Principal paid down
$82,986
Interest paid
$142,339
Balance remaining
$596,214

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
2.7%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.

5.8%
Gross yield
− Property tax $4,105− Condo fees $16,011− Insurance $600− Vacancy & upkeep $5,412Net operating income $23,072

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE WEST REALTY GROUP LTD.. MLS®/PropTx.

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