2206-1320 Islington Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13856686

$648,000
For Sale
Listed 17 days agoNo offer date stated
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2+1Bedrooms
1Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Enjoy unobstructed city skyline views from this exceptionally spacious two-bedroom suite at sought-after Barclay Terrace.
  • Bright and inviting, the well-designed layout features separate living and dining areas, a chef's kitchen with breakfast bar overlooking the living space, and plenty...
  • Barclay Terrace is known for its outstanding management, active community and extensive resort-style amenities, including 24-hour concierge, indoor pool, hot tub...

Enjoy unobstructed city skyline views from this exceptionally spacious two-bedroom suite at sought-after Barclay Terrace. Bright and inviting, the well-designed layout features separate living and dining areas, a chef's kitchen with breakfast bar overlooking the living space, and plenty of storage throughout. The sun-filled solarium provides valuable additional space, ideal for a home office or reading area. Barclay Terrace is known for its outstanding management, active community and extensive resort-style amenities, including 24-hour concierge, indoor pool, hot tub, gym, tennis court, party room, private courtyard, BBQ facilities and beautifully maintained gardens. Economical all-inclusive maintenance fees add to the exceptional value. Enjoy resort-style living in the city, just steps from the shops and conveniences of Islington Village, with TTC right at your door.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13856686
Bedrooms
2+1 (3 total)
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Islington / Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,149/mo
Exposure
South East
Property tax
$3,243 / 2025
Days on market
17
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomMain3.63 × 2.84 m

b/i shelves · laminate · separate room

Bedroom 2Main3.08 × 2.47 m

double closet · laminate

Living RoomMain4.91 × 3.23 m

se view · laminate · large window

LaundryMain1.80 × 1.66 m

B/I Shelves

DenMain2.47 × 2.16 m

large window · laminate · sliding doors

Primary BedroomMain3.99 × 3.11 m

his and hers closets · semi ensuite · laminate

KitchenMain4.42 × 2.47 m

breakfast bar · updated

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 · 0.3 km awayBelow the GTA average · 66% meet the provincial standard
Also nearby: 11 more schools within 2.5 km
Our Lady of Sorrows Catholic School · Catholic elementary0.6 km · 90% at standard
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Rosethorn Junior School · Public elementary1.5 km · 65% at standard
Wedgewood Junior School · Public elementary1.7 km · 79% at standard
Lambton Kingsway Junior Middle School · Public elementary1.7 km · 91% at standard
Humber Valley Village Junior Middle School · Public elementary1.7 km · 85% at standard
St Gregory Catholic School · Catholic elementary1.8 km · 83% at standard
Sunnylea Junior School · Public elementary1.8 km · 96% at standard
Norseman Junior Middle School · Public elementary2.0 km · 77% at standard
Castlebar Junior School · Public elementary2.4 km · 82% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.5 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,953/mo
$146KIncome needed
4.4×Price ÷ income
$682Weekly cost
$18,870Land 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.

68%mortgage
Mortgage $2,953Property tax $270Condo fee $1,149Total carry $4,372

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)
$2,866per month

Mortgage amount $518,400 · 4.49% over 25 years

$129,600Down payment (20.0%)
$518,400Loan before insurance
$0CMHC premium
$4,286Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,866
Property tax
$270
Condo / maintenance fees
$1,149
Heating
$0
Estimated monthly cost
$4,286

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

One-time closing costs

Ontario land transfer tax
$9,435
Toronto municipal land transfer tax
$9,435
Estimated closing costs
$18,870

Plus your down payment of $129,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,469/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

$341,497Total interest paid
$859,897Total of all payments
Principal $518,400 Interest $341,497
YearPrincipalInterestBalance
1$11,568$22,827$506,832
2$12,094$22,302$494,738
3$12,643$21,753$482,095
4$13,217$21,179$468,878
5$13,817$20,579$455,061
6$14,444$19,952$440,617
7$15,100$19,296$425,517
8$15,786$18,610$409,731
9$16,502$17,893$393,228
10$17,252$17,144$375,977
11$18,035$16,361$357,942
12$18,854$15,542$339,088
13$19,710$14,686$319,378
14$20,605$13,791$298,773
15$21,540$12,855$277,232
16$22,518$11,877$254,714
17$23,541$10,855$231,173
18$24,610$9,786$206,563
19$25,727$8,669$180,836
20$26,895$7,501$153,941
21$28,116$6,279$125,824
22$29,393$5,003$96,431
23$30,728$3,668$65,704
24$32,123$2,273$33,581
25$33,581$815$0

At the end of your 5-year term

Total paid over the term
$171,979
Principal paid down
$63,339
Interest paid
$108,640
Balance remaining
$455,061

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$3,400/mo
$40,800Gross annual rent
2.9%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.

6.3%
Gross yield
− Property tax $3,243− Condo fees $13,786− Insurance $600− Vacancy & upkeep $4,488Net operating income $18,683

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

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