2006-215 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14085076

$439,900
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Suite 2006 is an incredible and meticulously maintained 1-Bedroom in highly desired One Sherway Tower 3.
  • There's also a 4-Piece Bathroom and an open Balcony with southwest views.
  • Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Steamroom, Gym, Games Room, Party Room, Guest Suites & More.

Suite 2006 is an incredible and meticulously maintained 1-Bedroom in highly desired One Sherway Tower 3. Featuring brand new vinyl flooring and freshly painted throughout. Upon entering you are greeted with a spacious Living and Dining Room with walk-out to private balcony. Your open Kitchen features granite counters, breakfast bar, and stainless steel appliances. The Primary Bedroom has two closets and a large west-facing window along with the new vinyl flooring. There's also a 4-Piece Bathroom and an open Balcony with southwest views. Also includes Parking Spot. Enjoy Resort-Style Amenities such as the Indoor Pool, Hot Tub, Steamroom, Gym, Games Room, Party Room, Guest Suites & More! Steps To TTC, Upscale Sherway Gardens. Quick Access To Major Hwys. Go Station, Parks, & Trails. Come see this Incredible unit today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14085076
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
427/Qew/Gardiner
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$499/mo
Exposure
West
Property tax
$2,044 / 2025
Days on market
3
Listing brokerage
PANORAMA R.E. LIMITED

Rooms

Living RoomMain5.14 × 3.17 m

vinyl floor · window floor to ceiling · w/o to balcony

KitchenMain3.16 × 2.98 m

tile floor · granite counters · breakfast bar

Dining RoomMain5.14 × 3.17 m

vinyl floor · open concept · combined w/living

Primary BedroomMain3.30 × 2.80 m

vinyl floor · double closet · large window

FoyerMain2.18 × 1.22 m

tile floor · closet · 4 pc bath

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
$428kavg 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 $779/sqft; this home lists at $801/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
440kThis home435k430k430k425k420kThis 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
Little Portugal
$549K
Niagara
$727K
Waterfront Communities C1
$682K
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
$2,005/mo
$95KIncome needed
4.6×Price ÷ income
$463Weekly cost
$10,546Land 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 $2,005Property tax $170Condo fee $499Total carry $2,674

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)
$1,946per month

Mortgage amount $351,920 · 4.49% over 25 years

$87,980Down payment (20.0%)
$351,920Loan before insurance
$0CMHC premium
$2,615Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,946
Property tax
$170
Condo / maintenance fees
$499
Heating
$0
Estimated monthly cost
$2,615

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

One-time closing costs

Ontario land transfer tax
$5,273
Toronto municipal land transfer tax
$5,273
Estimated closing costs
$10,546

Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,355/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

$231,828Total interest paid
$583,748Total of all payments
Principal $351,920 Interest $231,828
YearPrincipalInterestBalance
1$7,853$15,497$344,067
2$8,210$15,140$335,857
3$8,583$14,767$327,274
4$8,972$14,378$318,302
5$9,380$13,970$308,922
6$9,806$13,544$299,116
7$10,251$13,099$288,865
8$10,716$12,634$278,149
9$11,203$12,147$266,946
10$11,712$11,638$255,235
11$12,243$11,107$242,991
12$12,799$10,551$230,192
13$13,380$9,970$216,812
14$13,988$9,362$202,824
15$14,623$8,727$188,201
16$15,287$8,063$172,915
17$15,981$7,369$156,934
18$16,707$6,643$140,227
19$17,465$5,885$122,762
20$18,258$5,092$104,504
21$19,087$4,263$85,417
22$19,954$3,396$65,463
23$20,860$2,490$44,604
24$21,807$1,543$22,797
25$22,797$553$0

At the end of your 5-year term

Total paid over the term
$116,750
Principal paid down
$42,998
Interest paid
$73,751
Balance remaining
$308,922

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
2.2%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.

4.6%
Gross yield
− Property tax $2,044− Condo fees $5,991− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,521

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

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