2605-225 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14018268

$608,800
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Corner 2 split bedroom suite with 2 full washrooms.
  • Comes with 1 Parking and 1 Locker.
  • Natural light pours into the suite from 26th floor, unobstructed views from both directions.
  • Residents enjoy a well-managed building with excellent security,beautifully maintained grounds, a fitness centre, indoor pool, golf simulator, party room, guest...
  • Upscale Sherway Gardens Mall is just a 3-minute walk away, making shopping, dining,and everyday errands incredibly convenient.

Corner 2 split bedroom suite with 2 full washrooms. Comes with 1 Parking and 1 Locker. Thoughtfully updated with additional storage,custom-built closets in both bedrooms, kitchen and foyer, tons of storage for a family. Natural light pours into the suite from 26th floor, unobstructed views from both directions.Residents enjoy a well-managed building with excellent security,beautifully maintained grounds, a fitness centre, indoor pool, golf simulator, party room, guest suites and much more. Upscale Sherway Gardens Mall is just a 3-minute walk away, making shopping, dining,and everyday errands incredibly convenient. Popular restaurants including Joey, Cactus Club, and Eataly are moments from your doorstep, while Costco, IKEA, Walmart, Home Depot, and countless other amenities are all nearby.With quick access to Public Transit, Highway 427, the Gardiner Expressway, and downtown Toronto, this is a rare opportunity to enjoy modern living, exceptional convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14018268
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Queensway & The West Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$869/mo
Exposure
North West
Property tax
$2,655 / 2026
Days on market
6
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat5.30 × 3.46 m

hardwood floor · combined w/living · w/o to balcony

FoyerFlat2.24 × 2.15 m

ceramic floor · large window · closet

Primary BedroomFlat3.66 × 3.54 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenFlat3.04 × 2.43 m

ceramic floor · granite counters · stainless steel appl

Bedroom 2Flat3.91 × 2.87 m

hardwood floor · large window · closet

Living RoomFlat5.30 × 3.46 m

hardwood floor · combined w/dining · 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
$628kavg 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 $758/sqft; this home lists at $717/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
609kThis home630k570k600k665k675kThis 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
$649K
Little Portugal
$549K
Niagara
$631K
Waterfront Communities C1
$699K
Kensington-Chinatown
$548K

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 · 1.1 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 elementary1.2 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
$2,775/mo
$132KIncome needed
4.6×Price ÷ income
$640Weekly cost
$17,302Land 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 $2,775Property tax $221Condo fee $869Total carry $3,865

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)
$2,693per month

Mortgage amount $487,040 · 4.49% over 25 years

$121,760Down payment (20.0%)
$487,040Loan before insurance
$0CMHC premium
$3,783Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,693
Property tax
$221
Condo / maintenance fees
$869
Heating
$0
Estimated monthly cost
$3,783

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

One-time closing costs

Ontario land transfer tax
$8,651
Toronto municipal land transfer tax
$8,651
Estimated closing costs
$17,302

Plus your down payment of $121,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,259/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

$320,838Total interest paid
$807,878Total of all payments
Principal $487,040 Interest $320,838
YearPrincipalInterestBalance
1$10,869$21,446$476,171
2$11,362$20,953$464,809
3$11,878$20,437$452,931
4$12,417$19,898$440,514
5$12,981$19,334$427,533
6$13,571$18,745$413,962
7$14,187$18,128$399,775
8$14,831$17,484$384,945
9$15,504$16,811$369,440
10$16,208$16,107$353,232
11$16,944$15,371$336,288
12$17,713$14,602$318,575
13$18,518$13,797$300,057
14$19,358$12,957$280,699
15$20,237$12,078$260,461
16$21,156$11,159$239,305
17$22,117$10,198$217,188
18$23,121$9,194$194,067
19$24,171$8,144$169,897
20$25,268$7,047$144,628
21$26,416$5,900$118,213
22$27,615$4,700$90,598
23$28,869$3,446$61,729
24$30,179$2,136$31,550
25$31,550$765$0

At the end of your 5-year term

Total paid over the term
$161,576
Principal paid down
$59,507
Interest paid
$102,068
Balance remaining
$427,533

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
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.

5.3%
Gross yield
− Property tax $2,655− Condo fees $10,429− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,153

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

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