1211-205 Sherway Gardens Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14092300

$534,850
For Sale
Just listed todayNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to Sherway Tower Four.
  • One Of The Largest 1 Bedroom + Den Suites, Approx.
  • Much-Desired "Stonegate" Floorplan Features Hardwood Floors Throughout, Large Bedroom With W/I Closet & Organizer, Den With Double Doors That Can Be Used As Small...
  • This Well-Managed Building Has Many Desirable Amenities, Including 24-hr.
  • Concierge, Guest Suites, Outdoor Patio/Gardens, Indoor Pool, Hot Tub, Sauna, Gym, Recreation Room & More.

Welcome to Sherway Tower Four! One Of The Largest 1 Bedroom + Den Suites, Approx. 681 Sqf. And Ceilings Taller Than Other Units In The Building. Much-Desired "Stonegate" Floorplan Features Hardwood Floors Throughout, Large Bedroom With W/I Closet & Organizer, Den With Double Doors That Can Be Used As Small Bedroom, Nursery Or Home Office. Breathtaking Unobstructed View. This Well-Managed Building Has Many Desirable Amenities, Including 24-hr. Concierge, Guest Suites, Outdoor Patio/Gardens, Indoor Pool, Hot Tub, Sauna, Gym, Recreation Room & More. Conveniently Located Across From Sherway Gardens Mall With Superb Dining & Shops. Easy Access To All Major Routes, QEW, 427, Gardiner Exp. & Pearson Airport. Simplify Your Life. If You're Looking For Convenience As Well As Quality, This One Is For You!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14092300
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
427/Gardiner/Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$626/mo
Exposure
South West
Property tax
$2,432 / 2026
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomMain5.92 × 3.21 m

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

Primary BedroomMain4.21 × 2.85 m

hardwood floor · walk-in closet(s) · closet organizers

KitchenMain2.75 × 2.52 m

ceramic floor · breakfast bar · granite counters

DenMain3.07 × 2.50 m

hardwood floor · separate room · french doors

Dining RoomMain5.92 × 3.21 m

hardwood floor · combined w/living · open concept

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
$532kavg 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 $819/sqft; this home lists at $823/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
535kThis home539k525k525k512k559kThis 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
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Waterfront Communities C1
$610K
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
$2,438/mo
$114KIncome needed
4.7×Price ÷ income
$563Weekly cost
$14,344Land 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 $2,438Property tax $203Condo fee $626Total carry $3,266

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)
$2,366per month

Mortgage amount $427,880 · 4.49% over 25 years

$106,970Down payment (20.0%)
$427,880Loan before insurance
$0CMHC premium
$3,194Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,366
Property tax
$203
Condo / maintenance fees
$626
Heating
$0
Estimated monthly cost
$3,194

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

One-time closing costs

Ontario land transfer tax
$7,172
Toronto municipal land transfer tax
$7,172
Estimated closing costs
$14,344

Plus your down payment of $106,970. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,863/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

$281,867Total interest paid
$709,747Total of all payments
Principal $427,880 Interest $281,867
YearPrincipalInterestBalance
1$9,548$18,841$418,332
2$9,982$18,408$408,350
3$10,435$17,955$397,914
4$10,909$17,481$387,005
5$11,404$16,986$375,601
6$11,922$16,468$363,679
7$12,463$15,926$351,215
8$13,029$15,361$338,186
9$13,621$14,769$324,565
10$14,239$14,150$310,326
11$14,886$13,504$295,440
12$15,562$12,828$279,878
13$16,268$12,122$263,610
14$17,007$11,383$246,603
15$17,779$10,611$228,824
16$18,586$9,803$210,237
17$19,430$8,960$190,807
18$20,313$8,077$170,494
19$21,235$7,155$149,260
20$22,199$6,191$127,061
21$23,207$5,183$103,854
22$24,261$4,129$79,593
23$25,362$3,028$54,231
24$26,514$1,876$27,717
25$27,717$672$0

At the end of your 5-year term

Total paid over the term
$141,949
Principal paid down
$52,279
Interest paid
$89,670
Balance remaining
$375,601

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$2,050/mo
$24,600Gross annual rent
2.1%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 $2,432− Condo fees $7,510− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,351

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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