1401-235 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14031714

$540,000
For Sale
Listed 4 days agoNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 18, 2026, 8:20 p.m.. Price and status may have changed since; refresh in a minute for the live version.

Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Absolutely Stunning Condo In Prestigious Sherway Gardens.
  • One Of The Largest 1+Den Layouts Offered For Sale, With Just Over 700 Sq.
  • And An Ideal, Open-Concept Layout.
  • Sherway Gardens, TTC And Trillium Hospital Are All At Your Doorstep, With Quick Access To The 427 And QEW For Easy Commuting.

Absolutely Stunning Condo In Prestigious Sherway Gardens!! One Of The Largest 1+Den Layouts Offered For Sale, With Just Over 700 Sq. Ft. And An Ideal, Open-Concept Layout. The Spacious Kitchen Offers Granite Countertops, Stainless Steel Appliances, Tons Of Counter And Cabinet Space, Plus Room For A Separate Kitchen Table Or Even A Small Workout Area. Newer Luxury Vinyl Flooring Runs Throughout, And Ample In-Suite Storage With Spacious Double-Door Closets Provides Plenty Of Room To Keep Everything Organized. The Generously Sized Den Is Large Enough For A Full Home Office Or Offers Plenty Of Space To Create A Second Guest Room With A Murphy Bed. Sherway Gardens, TTC And Trillium Hospital Are All At Your Doorstep, With Quick Access To The 427 And QEW For Easy Commuting. Spacious, Functional And Exceptionally Well Located - You Don't Want To Miss This One!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W14031714
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Hwy427/Gardiner
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$663/mo
Exposure
East
Property tax
$2,386 / 2026
Days on market
4
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenFlat2.67 × 2.44 m

tile floor · stainless steel appl · backsplash

Primary BedroomFlat2.82 × 3.35 m

vinyl floor · double closet · picture window

Living RoomFlat3.23 × 6.17 m

vinyl floor · w/o to balcony · open concept

DenFlat2.24 × 2.44 m

vinyl floor · open concept · separate room

Dining RoomFlat3.23 × 6.17 m

vinyl floor · combined w/kitchen · combined w/living

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 · 1.1 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 elementary2.5 km · 45% at standard

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

Affordability & Mortgage

Affordability
$2,461/mo
$116KIncome needed
4.7×Price ÷ income
$568Weekly cost
$14,550Land 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.

74%mortgage
Mortgage $2,461Property tax $199Condo fee $663Total carry $3,323

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)
$2,389per month

Mortgage amount $432,000 · 4.49% over 25 years

$108,000Down payment (20.0%)
$432,000Loan before insurance
$0CMHC premium
$3,250Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,389
Property tax
$199
Condo / maintenance fees
$663
Heating
$0
Estimated monthly cost
$3,250

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

One-time closing costs

Ontario land transfer tax
$7,275
Toronto municipal land transfer tax
$7,275
Estimated closing costs
$14,550

Plus your down payment of $108,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,891/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

$284,581Total interest paid
$716,581Total of all payments
Principal $432,000 Interest $284,581
YearPrincipalInterestBalance
1$9,640$19,023$422,360
2$10,078$18,585$412,281
3$10,536$18,128$401,746
4$11,014$17,649$390,732
5$11,514$17,149$379,218
6$12,037$16,626$367,181
7$12,583$16,080$354,597
8$13,155$15,508$341,442
9$13,752$14,911$327,690
10$14,376$14,287$313,314
11$15,029$13,634$298,285
12$15,712$12,952$282,573
13$16,425$12,238$266,148
14$17,171$11,492$248,977
15$17,950$10,713$231,027
16$18,765$9,898$212,261
17$19,617$9,046$192,644
18$20,508$8,155$172,136
19$21,439$7,224$150,697
20$22,413$6,251$128,284
21$23,430$5,233$104,854
22$24,494$4,169$80,360
23$25,606$3,057$54,753
24$26,769$1,894$27,984
25$27,984$679$0

At the end of your 5-year term

Total paid over the term
$143,316
Principal paid down
$52,782
Interest paid
$90,534
Balance remaining
$379,218

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$2,400/mo
$28,800Gross annual rent
2.7%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 $2,386− Condo fees $7,956− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,690

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

CallRequest a showing