46-26 Fieldway Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14033742

$475,000
For Sale
Listed 5 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
600-699Sq ft

About this home

In short

  • Welcome To This Stylish And Move-In Ready Condo Townhouse In The Heart Of Islington-City Centre West.
  • The Main Living Area Features An Open-Concept Layout With Wide-Plank Flooring, Large Windows That Bring In Natural Light, And A Seamless Flow Between Living, Dining...
  • New AC & Microwave (2025), New Washer & Dryer (2026).
  • Located Just Steps To Islington Subway Station, Parks, Shops, Restaurants, And Easy Access To Major Highways, This Is An Ideal Opportunity For First-Time Buyers...

Welcome To This Stylish And Move-In Ready Condo Townhouse In The Heart Of Islington-City Centre West! Thoughtfully Designed With A Functional Layout, This Home Offers The Perfect Blend Of Comfort, Modern Finishes, And Everyday Convenience.The Main Living Area Features An Open-Concept Layout With Wide-Plank Flooring, Large Windows That Bring In Natural Light, And A Seamless Flow Between Living, Dining, And Kitchen Spaces-Ideal For Both Relaxing And Entertaining. The Contemporary Kitchen Is Equipped With Stainless Steel Appliances, Granite Countertops, A Stylish Backsplash, And A Spacious Island Offering Additional Prep Space And Seating.The Bedroom Level Offers A Cozy And Private Retreat With Ample Closet Space And A Well-Appointed Bathroom Nearby. A Versatile Den Provides The Perfect Space For A Home Office, Guest Area, Or Additional Living Space To Suit Your Needs.Enjoy The Added Convenience Of Ensuite Laundry And Thoughtful Storage Throughout. The Private Front Entrance Adds To The Appeal Of This Townhome-Style Living, While The Modern Exterior And Well-Maintained Complex Enhance Its Overall Charm. New AC & Microwave (2025), New Washer & Dryer (2026). Located Just Steps To Islington Subway Station, Parks, Shops, Restaurants, And Easy Access To Major Highways, This Is An Ideal Opportunity For First-Time Buyers, Professionals, Or Investors Looking For A Turnkey Property In A Highly Sought-After Location.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W14033742
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Bloor St W & Islington
Parking
0 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$228/mo
Exposure
North
Property tax
$2,685 / 2025
Days on market
5
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

BedroomLower3.71 × 3.04 m

laminate · double closet · window

DenLower3.07 × 2.34 m

laminate · 4 pc bath

Living RoomMain4.48 × 3.13 m

laminate · open concept · large window

KitchenMain2.74 × 2.43 m

laminate · stainless steel appl · granite counters

Our TakeTeam Asgarian · Broker
A small discount is typical
$462Klikely sale price

Listed at $475,000. Going by how homes in Islington-City Centre West and the wider GTA have actually closed against their asking prices (about 97%, 12 local closings in 90 days), the likely sale price is near $462K, if it sells. A realistic range is $435K to $500K.

Independent value check: $494K. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $459K and $519K).

Why $494K. The typical townhouse sold in Islington-City Centre West over the past year went for about $810K (29 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 3+1 and 3 typically.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,685 a year; the typical home sold here pays about $3,700.
  • ▼ Lowers it stronglyIt is 600 to 699 sq ft; the typical home sold here is 1,200 to 1,399.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
List price
$435KBelow recent closings$500KAbove recent closings

Total price vs nearby homes. Likely closing about $462K, from 12 recent closings in this pocket.

The market behind the math:

12sold nearby · 90 days
$660Kmedian sold price
100%of asking, on average
−32%prices vs a year ago
~36 dayshomes like this take to sell
5days on market so far
$2,109/moest. rent · 31 leases
5.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.3 months of inventory: 5 condo townhouse homes for sale in the area against 12 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $731/sqft against an area asking average of $688/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 12 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $495K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Islington-City Centre West, so I widened the search to the surrounding area.

Based on 9 homes sold in this building over the past two years, from 68 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$711kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $494K, which is where my estimate comes from.

Per square foot, these ask about $688/sqft; this home lists at $731/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
475kThis home490k675k890k700k799kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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.

Mimico
$840K
Long Branch
$726K
Niagara
$902K
Casa Loma
$2.80M
Downsview-Roding-CFB
$699K

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 2.5 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Islington Junior Middle School · Public elementary0.6 km · 66% at standard
Our Lady of Sorrows Catholic School · Catholic elementary1.1 km · 90% at standard
Our Lady of Peace Catholic School · Catholic elementary1.1 km · 71% at standard
Norseman Junior Middle School · Public elementary1.3 km · 77% at standard
Wedgewood Junior School · Public elementary1.5 km · 79% at standard
Castlebar Junior School · Public elementary1.7 km · 82% at standard
Sunnylea Junior School · Public elementary1.7 km · 96% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Etobicoke Secondary Alternative School · Public secondary2.1 km
Bloorlea Middle School · Public elementary2.2 km · 70% at standard
Rosethorn Junior School · Public elementary2.2 km · 65% at standard
Etobicoke School of the Arts · Public secondary2.3 km · 80% at standard

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

Affordability & Mortgage

Affordability
$2,165/mo
$98KIncome needed
4.9×Price ÷ income
$500Weekly cost
$11,950Land 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.

83%mortgage
Mortgage $2,165Property tax $224Condo fee $228Total carry $2,617

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)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,553Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$224
Condo / maintenance fees
$228
Heating
$0
Estimated monthly cost
$2,553

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

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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
From 31 whole-home leases in Islington-City Centre West$2,109/mo
$25,308Gross annual rent
3.5%Cap rate after taxes and upkeep
$2,004 to $2,230Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 31 whole-home leases in Islington-City Centre West signed at a median of $2,448 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,109. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.3%
Gross yield
− Property tax $2,685− Condo fees $2,737− Insurance $600− Vacancy & upkeep $2,784Net operating income $16,502

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

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