807-215 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13838662

$599,900
For Sale
Listed 20 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • An amazing 2 Bedroom 2 Bathroom suite at highly desired One Sherway.
  • Rest in your Primary Bedroom with rare Walk-in Closet and 4-Piece Ensuite.
  • There is also a spacious 2nd Bedroom located next to an additional 4-Piece Bathroom.
  • Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Sauna, Steam Room, Gym, Theatre, Billiards Room, Library, Party Room, Guest Suites, 24 Hour Concierge.

Welcome to Suite 807! An amazing 2 Bedroom 2 Bathroom suite at highly desired One Sherway. This incredible corner unit features high quality laminate flooring throughout with no carpet and floor to ceiling windows to brighten up your Living and Dining Rooms. Fabulous modern Kitchen with great stainless steel appliances and granite counters. Rest in your Primary Bedroom with rare Walk-in Closet and 4-Piece Ensuite. There is also a spacious 2nd Bedroom located next to an additional 4-Piece Bathroom. Includes underground parking spot. Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Sauna, Steam Room, Gym, Theatre, Billiards Room, Library, Party Room, Guest Suites, 24 Hour Concierge. Located steps to TTC, Upscale Sherway Gardens Shopping Mall. Quick access to Major Hwys. Go Trains, Parks, & Trails. Includes Parking Spot. Come see this great unit today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13838662
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
427/Qew/Gardiner
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$687/mo
Exposure
North West
Property tax
$2,624 / 2025
Days on market
20
Listing brokerage
PANORAMA R.E. LIMITED

Rooms

Living RoomMain5.31 × 3.18 m

laminate · large window · w/o to balcony

Dining RoomMain5.31 × 3.18 m

laminate · open concept · combined w/living

Bedroom 2Main2.85 × 2.72 m

laminate · large window · large closet

KitchenMain2.92 × 2.52 m

tile floor · granite counters · stainless steel appl

Primary BedroomMain3.28 × 3.05 m

laminate · walk-in closet(s) · 4 pc ensuite

FoyerMain2.80 × 1.83 m

tile floor · mirrored closet · 4 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$584Klikely sale price

Listed at $599,900. Going by how homes in Islington-City Centre West have actually closed against their asking prices (about 97%, 91 local closings in 90 days), the likely sale price is near $584K, if it sells. A realistic range is $550K to $632K.

Independent value check: $547K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $509K and $575K).

Why $547K. The typical condo sold in Islington-City Centre West over the past year went for about $518K (415 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $2,624 a year; the typical home sold here pays about $2,400.
List price
$550KBelow recent closings$632KAbove recent closings

Total price vs nearby homes. Likely closing about $584K, from 91 recent closings in this pocket.

The market behind the math:

91sold nearby · 90 days
$501Kmedian sold price
97%of asking, on average
−7%prices vs a year ago
~24 dayshomes like this take to sell
20days on market so far
$2,708/moest. rent · 15 leases
5.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 83 condo apartment homes for sale in the area against 91 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $800/sqft against an area asking average of $740/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 91 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $520K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 13 homes sold in this building over the past 15 months, from 500 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$582kavg 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 $758/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home565k639k550k549k609kThis home vs active comparables

Sold price trend

Median sold price for condos in Islington-City Centre West: $500K in September 2026, down 3% from a year ago, on 400 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$540K40
November 2025$535K36
December 2025$480K25
January 2026$480K19
February 2026$540K34
March 2026$504K32
April 2026$501K40
May 2026$548K26
June 2026$522K50
July 2026$510K30
August 2026$505K31
September 2026$500K37

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
$741K
Waterfront Communities C1
$625K

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 · 1.0 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 elementary1.1 km · 86% at standard
St Josaphat Catholic School · Catholic elementary2.4 km · 45% at standard

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

Affordability & Mortgage

Affordability
$2,734/mo
$127KIncome needed
4.7×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.

75%mortgage
Mortgage $2,734Property tax $219Condo fee $687Total carry $3,640

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)
$2,654per month

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

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,559Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$219
Condo / maintenance fees
$687
Heating
$0
Estimated monthly cost
$3,559

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
From 15 whole-home leases in Islington-City Centre West$2,708/mo
$32,496Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,573 to $2,843Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 15 whole-home leases in Islington-City Centre West signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,708. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.4%
Gross yield
− Property tax $2,624− Condo fees $8,249− Insurance $600− Vacancy & upkeep $3,575Net operating income $17,449

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PANORAMA R.E. LIMITED. MLS®/PropTx.

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