2835 Islington Avenue Unit 206, Toronto W05

Price: $454,900

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13716800

Bright and spacious, beautifully renovated 2-bedroom condo offering approximately 958 sq. ft. at 2835 Islington Avenue. The open-concept layout features generous living space, a large primary bedroom, a spacious second bedroom, and a private balcony-perfect for relaxing after a long day. The Newer and Modern kitchen showcases a waterfall quartz island, stainless steel appliances, and soft-close cabinetry. Additional upgrades include pot lights throughout, newer floor, elegant high baseboards, a new balcony railing, and two newly installed wall-mounted heat pump (2023) for reliable heating and cooling. Ideal for first-time buyers, downsizers, young families, or investors. This well-managed building offers excellent amenities, including a sauna, games room, billiards and recreation area, plus underground parking. Internet and Cable TV included in the Condo Fee. Condo management has approved the budget for hallway carpet replacement. Enjoy TTC service at your doorstep and convenient access to the Finch West LRT. Located minutes from Highways 400, 401, 407, and 427, as well as Humber College, York University, Etobicoke General Hospital, schools, shopping, parks, walking trails, and Rowntree Mills Park.

2835 Islington Avenue Unit 206 - Condo photo 1 of 31 in Downsview / Black Creek, Ontario
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active

$454,900 - 2835 Islington Avenue Unit 206, Downsview

Condo for Sale in Downsview

41 days on market

Neighbourhood: Humber Summit

2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
W13716800
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Downsview / Black Creek
Taxes (2026)
$1,151
Maintenance Fees
$706/mo
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Bright and spacious, beautifully renovated 2-bedroom condo offering approximately 958 sq. ft. at 2835 Islington Avenue. The open-concept layout features generous living space, a large primary bedroom, a spacious second bedroom, and a private balcony-perfect for relaxing after a long day. The Newer and Modern kitchen showcases a waterfall quartz island, stainless steel appliances, and soft-close cabinetry. Additional upgrades include pot lights throughout, newer floor, elegant high baseboards, a new balcony railing, and two newly installed wall-mounted heat pump (2023) for reliable heating and cooling. Ideal for first-time buyers, downsizers, young families, or investors. This well-managed building offers excellent amenities, including a sauna, games room, billiards and recreation area, plus underground parking. Internet and Cable TV included in the Condo Fee. Condo management has approved the budget for hallway carpet replacement. Enjoy TTC service at your doorstep and convenient access to the Finch West LRT. Located minutes from Highways 400, 401, 407, and 427, as well as Humber College, York University, Etobicoke General Hospital, schools, shopping, parks, walking trails, and Rowntree Mills Park.

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Estimated Payment

$2,333.87/mo

Includes CMHC insurance ($12,692)

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5-yr fixed avg.

Principal: $409,410Interest: $278,060
Mortgage Amount$422,102
Total Interest$278,060
Est. Property Tax$322/mo
Total Cost$700,162

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Humber Summit

Discover Humber Summit

Humber Summit is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Humber Summit

  • •Convenient location in Downsview / Black Creek
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Humber Summit offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2835 Islington Avenue Unit 206, Downsview / Black Creek

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$706
Property Tax (est.)-$322
Insurance (est.)-$95
Net Cash Flow+$1,157

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $505/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $706/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Humber Summit

I know Humber Summit well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    2835 Islington Avenue Unit 206 | $454,900 | Battaglia Team