809-215 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13988274

$419,000
For Sale
Listed 6 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to this bright and well-appointed 1-bedroom suite with parking in an exceptionally convenient location.
  • Situated just minutes from Highway 427, the QEW, and The Queensway, commuting throughout the GTA is effortless.
  • Residents enjoy access to an impressive selection of amenities, including an indoor pool, extensive fitness centre, party room, and 24-hour concierge service.

Welcome to this bright and well-appointed 1-bedroom suite with parking in an exceptionally convenient location. Situated just minutes from Highway 427, the QEW, and The Queensway, commuting throughout the GTA is effortless.The suite features a functional layout, full-sized kitchen appliances, in-suite laundry, and large windows that fill both the living area and bedroom with natural light. Residents enjoy access to an impressive selection of amenities, including an indoor pool, extensive fitness centre, party room, and 24-hour concierge service.Ideally located across from Sherway Gardens, you'll have premier shopping, dining, and everyday conveniences right at your doorstep. Public transit is easily accessible via Kipling Station, while Costco, IKEA, and other major retailers are just a short drive away.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13988274
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
The West mall & QEY
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$434/mo
Exposure
North
Property tax
$1,946 / 2025
Days on market
6
Listing brokerage
KELLER WILLIAMS EDGE REALTY
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
$425kavg 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 $773/sqft; this home lists at $763/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
419kThis home419k420k425k430k430kThis 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
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K

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
$1,910/mo
$90KIncome needed
4.7×Price ÷ income
$441Weekly cost
$9,710Land 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.

76%mortgage
Mortgage $1,910Property tax $162Condo fee $434Total carry $2,506

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)
$1,853per month

Mortgage amount $335,200 · 4.49% over 25 years

$83,800Down payment (20.0%)
$335,200Loan before insurance
$0CMHC premium
$2,450Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,853
Property tax
$162
Condo / maintenance fees
$434
Heating
$0
Estimated monthly cost
$2,450

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

One-time closing costs

Ontario land transfer tax
$4,855
Toronto municipal land transfer tax
$4,855
Estimated closing costs
$9,710

Plus your down payment of $83,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,243/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

$220,813Total interest paid
$556,013Total of all payments
Principal $335,200 Interest $220,813
YearPrincipalInterestBalance
1$7,480$14,760$327,720
2$7,820$14,421$319,900
3$8,175$14,066$311,725
4$8,546$13,694$303,179
5$8,934$13,306$294,245
6$9,340$12,901$284,905
7$9,764$12,477$275,141
8$10,207$12,033$264,934
9$10,671$11,570$254,263
10$11,155$11,085$243,108
11$11,662$10,579$231,447
12$12,191$10,049$219,256
13$12,745$9,496$206,511
14$13,323$8,917$193,188
15$13,928$8,312$179,260
16$14,561$7,680$164,699
17$15,222$7,019$149,478
18$15,913$6,328$133,565
19$16,635$5,605$116,929
20$17,391$4,850$99,539
21$18,180$4,060$81,359
22$19,006$3,235$62,353
23$19,869$2,372$42,484
24$20,771$1,470$21,714
25$21,714$527$0

At the end of your 5-year term

Total paid over the term
$111,203
Principal paid down
$40,955
Interest paid
$70,247
Balance remaining
$294,245

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$1,700/mo
$20,400Gross annual rent
2.5%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.

4.9%
Gross yield
− Property tax $1,946− Condo fees $5,208− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,403

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

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