107-2835 Islington Avenue, Toronto, ON

Humber Summit, Toronto · MLS® W13862460

$349,000
For Sale
Listed 14 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Rarely offered oversized 1-bedroom ground-floor condo with over 800 sq. ft. of bright, functional living space.
  • This unique suite offers one of the largest 1-bedroom layouts in the building and has been tastefully updated with new flooring, a recently renovated bathroom, and...
  • Conveniently located close to TTC, major highways, shopping, parks, schools, and everyday amenities.

Rarely offered oversized 1-bedroom ground-floor condo with over 800 sq. ft. of bright, functional living space! This unique suite offers one of the largest 1-bedroom layouts in the building and has been tastefully updated with new flooring, a recently renovated bathroom, and newer appliances. The spacious living and dining area is perfect for entertaining, while the generous bedroom offers plenty of room to unwind. Conveniently located close to TTC, major highways, shopping, parks, schools, and everyday amenities. An exceptional opportunity to own a move-in-ready home in a highly convenient location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13862460
Bedrooms
1
Bathrooms
1
Size
800-899 sq ft
Cross streets
Islington Ave & Finch Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Wall Unit(s)
Exterior
Other
Maintenance
$553/mo
Exposure
West
Property tax
$967 / 2026
Days on market
14
Listing brokerage
PROPERTY.CA INC.

Rooms

Dining RoomFlat7.65 × 3.25 m

laminate · combined w/living · w/o to balcony

KitchenFlat2.40 × 4.20 m

laminate · breakfast area

BedroomThird4.20 × 3.00 m

laminate · window · closet

Living RoomFlat3.40 × 5.40 m

laminate · combined w/dining · window

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 Humber Summit 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 · asking prices
$422kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $438/sqft; this home lists at $411/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
349kThis home364k455k370k499kThis home vs active comparables

Neighbourhood & location

Humber Summit, 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
Bayview Village
$526K
Kensington-Chinatown
$585K
Niagara
$724K

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 Gracedale Public School
53%
Gracedale Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 53% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Beaumonde Heights Junior Middle School · Public elementary1.0 km · 70% at standard
Venerable John Merlini Catholic School · Catholic elementary1.2 km · 82% at standard
St Andrew Catholic School · Catholic elementary1.3 km · 56% at standard
North Kipling Junior Middle School · Public elementary1.4 km · 49% at standard
North Albion Collegiate Institute · Public secondary1.5 km · 50% at standard
Daystrom Public School · Public elementary1.7 km · 54% at standard
St John Vianney Catholic School · Catholic elementary1.7 km · 68% at standard
Highfield Junior School · Public elementary1.8 km · 58% at standard
Greenholme Junior Middle School · Public elementary2.1 km · 72% at standard
Smithfield Middle School · Public elementary2.3 km · 72% at standard
Emery EdVance Secondary School · Public secondary2.3 km
Rivercrest Junior School · Public elementary2.3 km · 59% at standard

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

Affordability & Mortgage

Affordability
$1,591/mo
$77KIncome needed
4.5×Price ÷ income
$367Weekly cost
$7,420Land 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.

72%mortgage
Mortgage $1,591Property tax $81Condo fee $553Total carry $2,224

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)
$1,544per month

Mortgage amount $279,200 · 4.49% over 25 years

$69,800Down payment (20.0%)
$279,200Loan before insurance
$0CMHC premium
$2,177Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,544
Property tax
$81
Condo / maintenance fees
$553
Heating
$0
Estimated monthly cost
$2,177

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

One-time closing costs

Ontario land transfer tax
$3,710
Toronto municipal land transfer tax
$3,710
Estimated closing costs
$7,420

Plus your down payment of $69,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,868/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

$183,923Total interest paid
$463,123Total of all payments
Principal $279,200 Interest $183,923
YearPrincipalInterestBalance
1$6,231$12,294$272,969
2$6,513$12,011$266,456
3$6,809$11,716$259,647
4$7,118$11,407$252,528
5$7,442$11,083$245,087
6$7,779$10,746$237,307
7$8,133$10,392$229,175
8$8,502$10,023$220,673
9$8,888$9,637$211,785
10$9,291$9,233$202,494
11$9,713$8,812$192,780
12$10,154$8,371$182,626
13$10,615$7,910$172,010
14$11,097$7,428$160,913
15$11,601$6,924$149,312
16$12,128$6,397$137,184
17$12,679$5,846$124,505
18$13,254$5,271$111,251
19$13,856$4,669$97,395
20$14,485$4,040$82,909
21$15,143$3,382$67,767
22$15,830$2,694$51,936
23$16,549$1,976$35,387
24$17,301$1,224$18,086
25$18,086$439$0

At the end of your 5-year term

Total paid over the term
$92,625
Principal paid down
$34,113
Interest paid
$58,512
Balance remaining
$245,087

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$2,700/mo
$32,400Gross annual rent
5.9%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.

9.3%
Gross yield
− Property tax $967− Condo fees $6,632− Insurance $600− Vacancy & upkeep $3,564Net operating income $20,638

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

CallRequest a showing