$409,999

For sale

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#341 26 Gibbs Road, Toronto (Islington-City Centre West) - Single Family for Sale

#341 26 Gibbs Road, Toronto (Islington-City Centre West), Ontario, M9B0E3

1 bed1 bath1 parking condo fee

#1106 15 Viking Lane, Toronto (Islington-City Centre West), Ontario, M9B0A4

2 bd1 ba1 pk650 ft²+$543/mo

Listed by RE/MAX REALTY SPECIALISTS INC.

#1608 9 Valhalla Inn Road, Toronto (Islington-City Centre West), Ontario, M9B0B2

For saleJust listed

Yesterday

$410K

#1608 9 Valhalla Inn Road, Toronto (Islington-City Centre West), Ontario, M9B0B2

1 bd1 ba1 pk550 ft²+$509/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#808 1185 The Queensway Way, Toronto (Islington-City Centre West), Ontario, M8Z0C6

For saleJust listed

Yesterday

$550K

#808 1185 The Queensway Way, Toronto (Islington-City Centre West), Ontario, M8Z0C6

2 bd2 ba1 pk750 ft²+$817/mo

##2101 5 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A0A3

1 bd1 ba1 pk550 ft²+$630/mo

Listed by EVEREST REALTY LTD.

Investment analysis

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$409,999

Toronto

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Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale. Listed at $409,999, it is attractively priced about 21% below the $519,000 median asking price in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to this sleek and sun-filled 1-bedroom suite at 26 Gibbs Road, located in the heart of Etobicoke's vibrant central hub. Perfect for first-time buyers, downsizers, or savvy investors, this unit offers a seamless blend of style and functionality. Open concept living & kitchen, comes with One underground parking, Luxe amenities like pool, gym and concierge. Pictures are virtually AI staged. (id:66096)

Property Details

MLS®: W13063458
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $543/mo
Fee Includes: Heat, Parking
Ownership: Condo/Strata
Property Tax: $1,983.25/yr
Listed: 190 days ago

Rooms

Main level

Living room: 2.59 x 3.7 meters
Kitchen: 3.37 x 3.32 meters
Bedroom: 3.32 x 2.69 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Intercom, Garburator, Blinds, Window Coverings
Exterior: Brick
Lot Features: Carpet Free, In suite Laundry, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

190d

Toronto (Islington-City Centre West) listings, avg age

56d

List price

$410K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Islington-City Centre West) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by JAZZ MALHI

Area context

Neighbourhood profile (M9B)

This home lists at $409,999, about 3.8× the local median household income of $108,000.

Carrying it typically needs a household income of about $80,087 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $108,000
Population: 33,236
Median age: 42
Owner / renter: 74% / 26%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M9B)

$409,999

For sale

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Full Cost Breakdown

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Down Payment5% · $20,499.95

Min 5%50%

Mortgage payment$2,159/mo

↳ CMHC premium ($15,580 capitalized)

Property tax (est.)$165/mo

Condo fee$543/mo

Total monthly$2,868

Cash Needed to Close

Down payment (5%)$20,500

Land transfer tax$9,350

Est. closing costs$3,730

Total cash needed$33,580

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice