310-10 Gibbs Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14090852

$389,900
For Sale
Listed 2 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Modern Living Meets Unbeatable Convenience.
  • This beautifully appointed 1-bedroom, 1-bathroom suite offers a thoughtfully designed layout, contemporary finishes, and sleek built-in appliances that create a...
  • With Highways 427, 401, and the Gardiner Expressway nearby, commuting throughout the GTA couldn't be easier.

Modern Living Meets Unbeatable Convenience! Welcome to 10 Gibbs Road, where style, comfort, and connectivity come together in the heart of Etobicoke. This beautifully appointed 1-bedroom, 1-bathroom suite offers a thoughtfully designed layout, contemporary finishes, and sleek built-in appliances that create a seamless blend of form and function. Complete with the added convenience of one parking space, this residence is perfectly suited for first-time buyers, professionals, and investors alike.Enjoy an exceptional location just minutes from Kipling Subway Station and GO Transit, offering effortless access to downtown Toronto and beyond. With Highways 427, 401, and the Gardiner Expressway nearby, commuting throughout the GTA couldn't be easier. Surrounded by shopping, restaurants, parks, and everyday essentials, everything you need is within easy reach. An exceptional opportunity to experience modern condo living in one of Etobicoke's most connected communities! (Photos Virtually Staged)

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W14090852
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Gibbs Rd / The East Mall
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$455/mo
Exposure
North
Property tax
$1,930 / 2026
Days on market
2
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomFlat
BedroomFlat
KitchenFlat
Our TakeTeam Asgarian · Broker
A small discount is typical
$380Klikely sale price

Listed at $389,900. 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 $380K, if it sells. A realistic range is $358K to $411K.

Independent value check: $395K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $368K and $415K).

Why $395K. 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 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,930 a year; the typical home sold here pays about $2,400.
  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 700 to 799.
List price
$358KBelow recent closings$411KAbove recent closings

Total price vs nearby homes. Likely closing about $380K, 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
2days on market so far
$2,047/moest. rent · 14 leases
6.3%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 79 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 $710/sqft against an area asking average of $768/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 $364K. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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 32 homes sold in this building over the past 15 months, from 500 closings in Islington-City Centre West.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$390kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $395K, which is where my estimate comes from.

Per square foot, these ask about $710/sqft; this home lists at $710/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
390kThis home399k399k400k379k375kThis 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
Niagara
$724K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Eatonville Junior School · Public elementary0.7 km · 75% at standard
Etobicoke Secondary Alternative School · Public secondary0.8 km
Bloordale Middle School · Public elementary1.1 km · 69% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.2 km
Wedgewood Junior School · Public elementary1.2 km · 79% at standard
West Glen Junior School · Public elementary1.3 km · 57% at standard
St Clement Catholic School · Catholic elementary1.4 km · 85% at standard
Broadacres Junior Public School · Public elementary1.5 km · 55% at standard
Millwood Junior School · Public elementary1.6 km · 65% at standard
Our Lady of Peace Catholic School · Catholic elementary1.7 km · 71% at standard
Nativity of Our Lord Catholic School · Catholic elementary2.2 km · 68% at standard
Seneca School · Public elementary2.4 km

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

Affordability & Mortgage

Affordability
$1,777/mo
$85KIncome needed
4.6×Price ÷ income
$410Weekly cost
$8,647Land 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 $1,777Property tax $161Condo fee $455Total carry $2,393

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)
$1,725per month

Mortgage amount $311,920 · 4.49% over 25 years

$77,980Down payment (20.0%)
$311,920Loan before insurance
$0CMHC premium
$2,340Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,725
Property tax
$161
Condo / maintenance fees
$455
Heating
$0
Estimated monthly cost
$2,340

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

One-time closing costs

Ontario land transfer tax
$4,324
Toronto municipal land transfer tax
$4,324
Estimated closing costs
$8,647

Plus your down payment of $77,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,087/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

$205,478Total interest paid
$517,398Total of all payments
Principal $311,920 Interest $205,478
YearPrincipalInterestBalance
1$6,961$13,735$304,959
2$7,277$13,419$297,683
3$7,607$13,089$290,075
4$7,953$12,743$282,123
5$8,314$12,382$273,809
6$8,691$12,005$265,118
7$9,086$11,610$256,032
8$9,498$11,198$246,534
9$9,930$10,766$236,605
10$10,380$10,316$226,224
11$10,852$9,844$215,373
12$11,344$9,352$204,028
13$11,859$8,836$192,169
14$12,398$8,298$179,771
15$12,961$7,735$166,810
16$13,549$7,147$153,261
17$14,164$6,531$139,096
18$14,808$5,888$124,289
19$15,480$5,216$108,809
20$16,183$4,513$92,626
21$16,918$3,778$75,708
22$17,686$3,010$58,023
23$18,489$2,207$39,534
24$19,328$1,368$20,206
25$20,206$490$0

At the end of your 5-year term

Total paid over the term
$103,480
Principal paid down
$38,111
Interest paid
$65,369
Balance remaining
$273,809

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 14 whole-home leases in Islington-City Centre West$2,047/mo
$24,564Gross annual rent
3.6%Cap rate after taxes and upkeep
$1,944 to $2,149Typical 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 14 whole-home leases in Islington-City Centre West signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,047. 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.

6.3%
Gross yield
− Property tax $1,930− Condo fees $5,466− Insurance $600− Vacancy & upkeep $2,702Net operating income $13,866

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

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