1010-205 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13875386

$644,999
For Sale
Listed 9 days agoNo offer date stated

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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Experience elevated living with this stunning 2-bedroom, 2-bathroom suite available for lease in Sherway Gardens.
  • Spanning nearly 950 sq. ft. of sun-drenched, open-concept space, this home offers views of Lake Ontario and lush tree-tops from floor-to-ceiling windows and a private...
  • The modern kitchen features granite countertops and stainless-steel appliances with ample storage, while the desirable split-bedroom layout offers maximum privacy...
  • Indulge in premier, resort-style amenities including a 24-hour concierge, indoor pool, billiards room, gym, sauna, and theatre room.
  • Perfectly situated just steps from Sherway Gardens Mall and offering unparalleled access to the QEW, Gardiner Expressway, Hwy 427, TTC, Miway and GO Transit...

Experience elevated living with this stunning 2-bedroom, 2-bathroom suite available for lease in Sherway Gardens. Spanning nearly 950 sq. ft. of sun-drenched, open-concept space, this home offers views of Lake Ontario and lush tree-tops from floor-to-ceiling windows and a private balcony. The modern kitchen features granite countertops and stainless-steel appliances with ample storage, while the desirable split-bedroom layout offers maximum privacy, highlighted by a primary suite with a walk-in closet and full ensuite. Indulge in premier, resort-style amenities including a 24-hour concierge, indoor pool, billiards room, gym, sauna, and theatre room. Perfectly situated just steps from Sherway Gardens Mall and offering unparalleled access to the QEW, Gardiner Expressway, Hwy 427, TTC, Miway and GO Transit, Convenient living in one of Etobicoke's most coveted communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13875386
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Qew & evans Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Maintenance
$867/mo
Exposure
North
Property tax
$3,161 / 2026
Days on market
9
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomFlat5.61 × 3.88 m

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

Bedroom 2Flat3.48 × 2.74 m
Dining RoomFlat5.61 × 3.88 m

Combined w/Living

Primary BedroomFlat3.91 × 3.08 m

4 Pc Ensuite

KitchenFlat2.56 × 2.31 m

ceramic floor · granite counters

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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
$2,940/mo
$140KIncome needed
4.6×Price ÷ income
$678Weekly cost
$18,750Land 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.

72%mortgage
Mortgage $2,940Property tax $263Condo fee $867Total carry $4,070

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)
$2,853per month

Mortgage amount $515,999 · 4.49% over 25 years

$129,000Down payment (20.0%)
$515,999Loan before insurance
$0CMHC premium
$3,983Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,853
Property tax
$263
Condo / maintenance fees
$867
Heating
$0
Estimated monthly cost
$3,983

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

One-time closing costs

Ontario land transfer tax
$9,375
Toronto municipal land transfer tax
$9,375
Estimated closing costs
$18,750

Plus your down payment of $129,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,453/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

$339,915Total interest paid
$855,914Total of all payments
Principal $515,999 Interest $339,915
YearPrincipalInterestBalance
1$11,515$22,722$504,484
2$12,038$22,199$492,447
3$12,584$21,652$479,862
4$13,156$21,081$466,707
5$13,753$20,484$452,954
6$14,377$19,859$438,576
7$15,030$19,206$423,546
8$15,713$18,524$407,833
9$16,426$17,811$391,407
10$17,172$17,065$374,235
11$17,952$16,285$356,284
12$18,767$15,470$337,517
13$19,619$14,618$317,898
14$20,509$13,727$297,389
15$21,441$12,796$275,948
16$22,414$11,822$253,534
17$23,432$10,805$230,102
18$24,496$9,741$205,607
19$25,608$8,629$179,999
20$26,771$7,466$153,228
21$27,986$6,250$125,242
22$29,257$4,980$95,985
23$30,585$3,651$65,400
24$31,974$2,263$33,426
25$33,426$811$0

At the end of your 5-year term

Total paid over the term
$171,183
Principal paid down
$63,046
Interest paid
$108,137
Balance remaining
$452,954

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$3,050/mo
$36,600Gross 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.

5.7%
Gross yield
− Property tax $3,161− Condo fees $10,400− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,413

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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