#60-385 The East Mall, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13845174

$799,000
For Sale
Listed 19 days agoNo offer date stated
2Bedrooms
3Bathrooms
1Garage · 2 parking
1200-1399Sq ft

About this home

In short

  • Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small...
  • Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining...
  • Upstairs, two generous bedrooms each offer walk-in closets and private, renovated ensuite bathrooms with modern finishes; the primary suite serves as a serene...
  • The finished basement adds valuable living space with a renovated recreation room and upgraded laundry area with sink, complementing the home's carpet-free interior...
  • Also close to Highway 427, public transit, and downtown, this home offers exceptional convenience with quick access to parks, schools, libraries, places of worship...

Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small families, or anyone seeking a well-connected, low-maintenance lifestyle. Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining, seamlessly flowing into a crisp, modern kitchen that has been tastefully renovated with granite countertops, a breakfast bar, porcelain flooring, ample cabinetry, and upgraded stainless steel appliances (except the fridge), including a newer Samsung smart range. Enjoy effortless indoor-outdoor living with a walk-out to the deck and fully fenced yard, ideal for morning coffee, summer barbecues, or quiet evenings at home. Upstairs, two generous bedrooms each offer walk-in closets and private, renovated ensuite bathrooms with modern finishes; the primary suite serves as a serene retreat, while the second bedroom is enhanced by a charming Juliette balcony that fills the space with natural light. The finished basement adds valuable living space with a renovated recreation room and upgraded laundry area with sink, complementing the home's carpet-free interior and thoughtful updates throughout the kitchen, bathrooms, and all principal rooms. Also close to Highway 427, public transit, and downtown, this home offers exceptional convenience with quick access to parks, schools, libraries, places of worship, shops, dining, and everyday amenities. Meticulously maintained and thoughtfully upgraded, this townhome truly has it all-style, comfort, and location-and you'll fall in love the moment you step inside; it's even better in person than in photos. **Listing contains virtually staged photos**

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13845174
Bedrooms
2
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Burnhamthorpe Rd & The East Mall
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Maintenance
$599/mo
Exposure
North South
Property tax
$3,476 / 2025
Days on market
19
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BathroomSecond2.54 × 3.78 m

4 pc bath · porcelain floor · b/i vanity

Dining RoomMain2.59 × 3.23 m

hardwood floor · bay window · combined w/kitchen

Powder RoomMain0.79 × 1.96 m

2 pc bath · tile floor · b/i vanity

KitchenMain3.10 × 3.15 m

porcelain floor · breakfast bar · granite counters

BathroomSecond1.52 × 2.46 m

4 pc bath · porcelain floor · b/i vanity

Primary BedroomSecond5.49 × 4.72 m

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

RecreationBasement5.44 × 4.72 m

laminate · above grade window · renovated

Living RoomMain2.92 × 4.75 m

hardwood floor · w/o to deck · combined w/dining

LaundryBasement2.11 × 2.95 m

laminate · laundry sink · renovated

Bedroom 2Second3.84 × 4.14 m

w/o to balcony · 4 pc ensuite · walk-in closet(s)

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.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$835kavg 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 $556/sqft; this home lists at $615/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
799kThis home825k500k1.18MThis 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.

Long Branch
$715K
Mimico
$840K
Downsview-Roding-CFB
$699K
Niagara
$902K
Casa Loma
$2.80M

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 · 0.9 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Burnhamthorpe Collegiate Institute · Public secondary0.5 km
West Glen Junior School · Public elementary0.6 km · 57% at standard
Wedgewood Junior School · Public elementary1.0 km · 79% at standard
Eatonville Junior School · Public elementary1.0 km · 75% at standard
Broadacres Junior Public School · Public elementary1.1 km · 55% at standard
Bloordale Middle School · Public elementary1.2 km · 69% at standard
Etobicoke Secondary Alternative School · Public secondary1.4 km
Our Lady of Peace Catholic School · Catholic elementary1.5 km · 71% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.6 km · 68% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary1.7 km · 83% at standard
St Clement Catholic School · Catholic elementary1.8 km · 85% at standard
Wellesworth Junior School · Public elementary1.9 km · 58% at standard

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

Affordability & Mortgage

Affordability
$3,642/mo
$162KIncome needed
4.9×Price ÷ income
$840Weekly cost
$24,910Land 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.

80%mortgage
Mortgage $3,642Property tax $290Condo fee $599Total carry $4,531

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)
$3,534per month

Mortgage amount $639,200 · 4.49% over 25 years

$159,800Down payment (20.0%)
$639,200Loan before insurance
$0CMHC premium
$4,423Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,534
Property tax
$290
Condo / maintenance fees
$599
Heating
$0
Estimated monthly cost
$4,423

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

One-time closing costs

Ontario land transfer tax
$12,455
Toronto municipal land transfer tax
$12,455
Estimated closing costs
$24,910

Plus your down payment of $159,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,278/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

$421,074Total interest paid
$1,060,274Total of all payments
Principal $639,200 Interest $421,074
YearPrincipalInterestBalance
1$14,264$28,147$624,936
2$14,912$27,499$610,024
3$15,589$26,822$594,435
4$16,297$26,114$578,138
5$17,037$25,374$561,102
6$17,810$24,601$543,291
7$18,619$23,792$524,672
8$19,464$22,947$505,208
9$20,348$22,063$484,860
10$21,272$21,139$463,588
11$22,238$20,173$441,351
12$23,247$19,164$418,103
13$24,303$18,108$393,800
14$25,406$17,005$368,394
15$26,560$15,851$341,834
16$27,766$14,645$314,068
17$29,026$13,384$285,042
18$30,344$12,067$254,697
19$31,722$10,689$222,975
20$33,162$9,248$189,813
21$34,668$7,743$155,145
22$36,242$6,169$118,902
23$37,888$4,523$81,015
24$39,608$2,803$41,406
25$41,406$1,005$0

At the end of your 5-year term

Total paid over the term
$212,055
Principal paid down
$78,098
Interest paid
$133,956
Balance remaining
$561,102

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
4.1%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.

6.2%
Gross yield
− Property tax $3,476− Condo fees $7,192− Insurance $600− Vacancy & upkeep $5,412Net operating income $32,520

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

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