834-5 Mabelle Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14082456

$399,000
For Sale
Listed 4 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Welcome to Bloor Promenade.
  • Suite 834 is a bright and functional 1-bedroom plus den with northwest exposure, offering city views and abundant natural light.
  • Enjoy resort-inspired amenities designed to fit every lifestyle: indoor pool, yoga studio, fully equipped fitness centre, basketball court, party lounge, games room...
  • Steps to Islington subway, with quick access to the QEW/427/401, Sherway Gardens, local shops, parks, and trails.
  • Downtown is just 20 minutes away.

Welcome to Bloor Promenade! Suite 834 is a bright and functional 1-bedroom plus den with northwest exposure, offering city views and abundant natural light. The spacious bedroom comfortably fits a queen bed with bedside tables and features a walk-in closet. The den provides the ideal space for a home office, nursery, or creative nook.Thoughtful finishes include premium laminate floors, sleek cabinetry, stone countertops, and stainless steel appliances. Parking and a locker are included for added convenience and storage. Enjoy resort-inspired amenities designed to fit every lifestyle: indoor pool, yoga studio, fully equipped fitness centre, basketball court, party lounge, games room, theatre, rooftop sundeck with BBQs, concierge, bike storage, pet wash, and visitor parking. Steps to Islington subway, with quick access to the QEW/427/401, Sherway Gardens, local shops, parks, and trails. Downtown is just 20 minutes away.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14082456
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Islington/Bloor
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$417/mo
Exposure
North West
Property tax
$2,133 / 2026
Days on market
4
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

Kitchen4.26 × 2.56 m

granite counters · stainless steel appl · track lighting

Living Room4.26 × 2.56 m

window floor to ceiling · juliette balcony · combined w/dining

Bedroom3.04 × 2.61 m

walk-in closet(s) · large window

Den1.67 × 1.82 m

Pot Lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$389Klikely sale price

Listed at $399,000. Going by how homes in Islington-City Centre West have actually closed against their asking prices (about 97%, 91 local closings in 90 days), the likely sale price is near $389K, if it sells. A realistic range is $366K to $420K.

Independent value check: $436K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $406K and $458K).

Why $436K. The typical condo sold in Islington-City Centre West over the past year went for about $518K (415 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,133 a year; the typical home sold here pays about $2,400.
List price
$366KBelow recent closings$420KAbove recent closings

Total price vs nearby homes. Likely closing about $389K, from 91 recent closings in this pocket.

The market behind the math:

91sold nearby · 90 days
$501Kmedian sold price
97%of asking, on average
−7%prices vs a year ago
~24 dayshomes like this take to sell
4days on market so far
$2,125/moest. rent · 7 leases
6.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 59 condo apartment homes for sale in the area against 91 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 $726/sqft against an area asking average of $753/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 91 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $415K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • 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

Below comparable homes on total price, yet the price per square foot ($726/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

Based on 3 homes sold in this building over the past 15 months, plus 2 nearby in Islington-City Centre West, from 500 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$423kavg 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 $724/sqft; this home lists at $726/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home415k399k400k449k450kThis home vs active comparables

Sold price trend

Median sold price for condos in Islington-City Centre West: $500K in September 2026, down 3% from a year ago, on 400 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.

Month by month
MonthMedian soldClosings
October 2025$540K40
November 2025$535K36
December 2025$480K25
January 2026$480K19
February 2026$540K34
March 2026$504K32
April 2026$501K40
May 2026$548K26
June 2026$522K50
July 2026$510K30
August 2026$505K31
September 2026$500K37

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
Little Portugal
$549K
Niagara
$727K
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 Islington Junior Middle School
66%
Islington Junior Middle SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 66% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Our Lady of Sorrows Catholic School · Catholic elementary0.6 km · 90% at standard
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Norseman Junior Middle School · Public elementary1.6 km · 77% at standard
Sunnylea Junior School · Public elementary1.6 km · 96% at standard
Wedgewood Junior School · Public elementary1.7 km · 79% at standard
Lambton Kingsway Junior Middle School · Public elementary1.9 km · 91% at standard
Rosethorn Junior School · Public elementary1.9 km · 65% at standard
Castlebar Junior School · Public elementary2.0 km · 82% at standard
Humber Valley Village Junior Middle School · Public elementary2.1 km · 85% at standard
St Gregory Catholic School · Catholic elementary2.1 km · 83% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.1 km · 88% at standard
Etobicoke School of the Arts · Public secondary2.5 km · 80% at standard

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

Affordability & Mortgage

Affordability
$1,819/mo
$86KIncome needed
4.6×Price ÷ income
$420Weekly cost
$8,920Land 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.

75%mortgage
Mortgage $1,819Property tax $178Condo fee $417Total carry $2,413

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)
$1,765per month

Mortgage amount $319,200 · 4.49% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,360Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,765
Property tax
$178
Condo / maintenance fees
$417
Heating
$0
Estimated monthly cost
$2,360

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,136/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

$210,273Total interest paid
$529,473Total of all payments
Principal $319,200 Interest $210,273
YearPrincipalInterestBalance
1$7,123$14,056$312,077
2$7,447$13,732$304,630
3$7,785$13,394$296,845
4$8,138$13,041$288,707
5$8,508$12,671$280,200
6$8,894$12,285$271,306
7$9,298$11,881$262,008
8$9,720$11,459$252,288
9$10,161$11,018$242,127
10$10,623$10,556$231,504
11$11,105$10,074$220,399
12$11,609$9,570$208,790
13$12,136$9,043$196,654
14$12,687$8,492$183,967
15$13,263$7,916$170,703
16$13,866$7,313$156,838
17$14,495$6,684$142,343
18$15,153$6,026$127,189
19$15,841$5,338$111,348
20$16,560$4,618$94,788
21$17,312$3,867$77,475
22$18,098$3,080$59,377
23$18,920$2,259$40,457
24$19,779$1,400$20,677
25$20,677$502$0

At the end of your 5-year term

Total paid over the term
$105,895
Principal paid down
$39,000
Interest paid
$66,894
Balance remaining
$280,200

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 7 whole-home leases in Islington-City Centre West$2,125/mo
$25,500Gross annual rent
3.7%Cap rate after taxes and upkeep
$1,955 to $2,295Typical rent range
~19 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 7 whole-home leases in Islington-City Centre West signed at a median of $2,300 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,125. 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.

6.4%
Gross yield
− Property tax $2,133− Condo fees $5,003− Insurance $600− Vacancy & upkeep $2,805Net operating income $14,959

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

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