225 Sherway Gardens Road, Toronto, ON

$638,500
MLS#:W9236466
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $638,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Stunning, stylish & highly desirable corner unit offering a large balcony with unobstructed views of a meticulously landscaped courtyard & fountain. This unit conveniently includes storage locker & parking spot. Floor-to-ceiling windows flood every room with natural light. Beautifully renovated, it features new engineered hardwood flooring, pot lights, West Elm light fixtures, custom shades, curtains & drapes, & custom closet organizers throughout. The front hall boasts elegant, frosted glass closet doors. The open-concept living room & dining area offers a walk-out to spacious balcony. The custom-designed kitchen features a breakfast bar, granite countertops, Kohler sink, Rubi faucet, Emtek handles/knobs & stainless-steel appliances. The generously sized bedroom offers a large walk-in closet. This unit is further enhanced with modern 4-piece bathroom & ensuite laundry area with a new washer & dryer. Enjoy an impressive range of Building Amenities. Located in one of the City's prime spots, this thriving community offers an easy access to local amenities, Sherway Gardens shopping, diverse dining options, cozy cafes, schools, Emergency Medical Centre, minutes away from serene Lakefront parks, bus services at your doorstep, quick access to Go Transit, major highways, the downtown core & the airport.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 16, 2024
Sold price information is available to members only
Listed Date8/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$2,203.09

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Public Transit, Electric Car Charger

Interior Features

None

Security Features

Concierge/Security

Community Features

Location

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225 Sherway Gardens Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 225 Sherway Gardens Road 304, Toronto W08, ON M9C 0A3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$38,850 (6.1%)
* Minimum Canadian down payment required for this price is $38,850.
Amortization Period25 Years
Estimated Monthly Payment$3,573Based on a loan of $599,650 over 25 years.
Purchase Price$638,500
Loan Amount$599,650
Provincial Land Transfer Tax:$9,245
Toronto Municipal Land Transfer Tax:$9,245
Total Estimated Closing Taxes:$18,490

About Purchasing a Home in Toronto, ON

For a property listed at $638,500 in Toronto, the legal minimum down payment is $38,850 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,245 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,245 also applies, bringing the total estimated land transfer taxes to $18,490.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,165,528

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.