604-215 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13874322

$569,999
For Sale
Listed 12 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Gorgeous 2 beds and 2 full baths in the Sherway Garden Mall Doorsteps.
  • Enjoy Upscale Amenities: Pool, Steam Room, Gym, Party Room, Theatre, Rec Room, Yoga Room, Concierge, and Plenty of Visitor Parking.
  • Premium Location, Steps to TTC & GO Transit.
  • Quick Access Hwy 427 / 401 / QEW / Gardiner.

Gorgeous 2 beds and 2 full baths in the Sherway Garden Mall Doorsteps. Southwest Corner Unit with Adorable Unobstructed View from your Living Room. Spacious & Bright with Floor to Ceiling Windows. Enjoy Upscale Amenities: Pool, Steam Room, Gym, Party Room, Theatre, Rec Room, Yoga Room, Concierge, and Plenty of Visitor Parking. Premium Location, Steps to TTC & GO Transit. Quick Access Hwy 427 / 401 / QEW / Gardiner. Well-Taken Cared by Original Owners.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13874322
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
QEW & Evans Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$711/mo
Exposure
South West
Property tax
$2,778 / 2026
Days on market
12
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

KitchenGround3.10 × 2.25 m

ceramic floor · granite counters · breakfast bar

Primary BedroomGround3.10 × 3.68 m

laminate · 4 pc ensuite

Bedroom 2Ground2.98 × 3.10 m

Laminate

Dining RoomGround2.11 × 4.90 m

laminate · window floor to ceiling

Living RoomGround3.22 × 3.44 m

laminate · window floor to ceiling · w/o to balcony

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 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.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$581kavg 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 $687/sqft; this home lists at $671/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
570kThis home609k565k579k520k630kThis 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.

Markland Wood
$680K
Little Portugal
$549K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$727K
Waterfront Communities C1
$691K

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
$2,598/mo
$123KIncome needed
4.6×Price ÷ income
$600Weekly cost
$15,750Land 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.

73%mortgage
Mortgage $2,598Property tax $231Condo fee $711Total carry $3,541

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)
$2,521per month

Mortgage amount $455,999 · 4.49% over 25 years

$114,000Down payment (20.0%)
$455,999Loan before insurance
$0CMHC premium
$3,464Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,521
Property tax
$232
Condo / maintenance fees
$711
Heating
$0
Estimated monthly cost
$3,464

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

One-time closing costs

Ontario land transfer tax
$7,875
Toronto municipal land transfer tax
$7,875
Estimated closing costs
$15,750

Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,052/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

$300,390Total interest paid
$756,389Total of all payments
Principal $455,999 Interest $300,390
YearPrincipalInterestBalance
1$10,176$20,080$445,823
2$10,638$19,618$435,185
3$11,121$19,135$424,064
4$11,626$18,630$412,438
5$12,154$18,102$400,285
6$12,706$17,550$387,579
7$13,283$16,973$374,296
8$13,886$16,370$360,411
9$14,516$15,740$345,895
10$15,175$15,080$330,720
11$15,864$14,391$314,855
12$16,584$13,671$298,271
13$17,337$12,918$280,934
14$18,125$12,131$262,809
15$18,948$11,308$243,861
16$19,808$10,448$224,053
17$20,707$9,548$203,346
18$21,647$8,608$181,699
19$22,630$7,625$159,068
20$23,658$6,598$135,411
21$24,732$5,524$110,679
22$25,855$4,401$84,824
23$27,029$3,227$57,795
24$28,256$2,000$29,539
25$29,539$717$0

At the end of your 5-year term

Total paid over the term
$151,278
Principal paid down
$55,715
Interest paid
$95,563
Balance remaining
$400,285

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
3.0%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.

5.7%
Gross yield
− Property tax $2,778− Condo fees $8,535− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,923

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

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