709-7 Mabelle Ave
Islington-City Centre West, Toronto, Ontario M9A 4X7
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $728at the range’s middle
- Tax a year
- $2,1482026 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 709-7 Mabelle Ave
709-7 Mabelle Ave is a 1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $399,900 (MLS® W13877670).
A RARE CORNER ONE-BEDROOM SUITE with a LARGE BALCONY and SOUTHERN EXPOSURE at Islington Terrace by Tridel! An uncommon layout within the Mabelle condo community, this thoughtfully designed suite offers a spacious kitchen and open living and dining areas with room to cook, entertain and unwind. Custom built-in closets add practical storage, while the generous balcony creates an inviting outdoor extension of your living space. Includes ONE OWNED LOCKER. Just a FIVE-MINUTE WALK TO ISLINGTON STATION for convenient access to the TTC's Line 2 (Bloor-Danforth), with shops, restaurants, Highway 427 and the Gardiner Expressway close by. Enjoy an impressive range of amenities, including 24-hour concierge, indoor pool, fitness centre, guest suites, dining and entertainment lounge, basketball court, theatre and a shared outdoor terrace with BBQs. A standout opportunity to enjoy a distinctive layout, generous outdoor space and everyday convenience, comfort and functionality. Currently Tenanted. December 1st possession available - closing date negotiable.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even52/100−$187/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 26 condos with 1 bedroom for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,148 / 2026
- MLS® number
- W13877670
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Internet, cable TV, all existing light fixtures, blinds, custom built-in closets, Whirlpool dishwasher, oven, stovetop, microwave, fridge, washer and dryer.
- Condo maint.
- $408
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 4.34 × 4.42 m | — | Flat |
| Living | 4.34 × 4.42 m | — | Flat |
| Dining | 4.34 × 4.42 m | — | Flat |
| Primary | 3.28 × 3.05 m | — | Flat |
| Other | 1.8 × 5.52 m | Balcony | Flat |
Listing history
Buy/sell history for 709-7 Mabelle Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $399,900 | N/A | Pc | W13877670 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $79,980
- Total mortgage amount
- $319,920
- Total interest payment
- $227,580
- Total purchase cost
- $627,480
- Mortgage payment
- $1,825/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
28%Monthly carrying cost
$2,412- Rent $2,225
- Shortfall $187
Rental income opens at $2,225, the median asking rent of 26 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,474
- Toronto municipal land transfer tax
- $4,474
- Total land transfer tax
- $8,948
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,474
- Total for first-time buyers
- $474
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $399,900
- $2,249
- Ontario total
- $4,474
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,474.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
13 building permits cleared at this address in the City’s file.
Alternative SolutionRefused
Fire latex barrier spray will provde a 2 hour fire resistance rating
Completed July 24, 2019
Building Permit Related(FS)Closed
FS - Sprinkler Shop Drawing - Proposal to construct 45 storey residential condo with 430 units and 4 levels of undeground garage.PHASE ONE ONLY. RESIDENTIAL UNITS ONLY NO COMMERCIALGREEN ROOF TOTAL AVAIL ROOF- 2804m2required 60 percent 1682m2proposes 1904m2 (more than required)
Issued July 31, 2018
New BuildingClosed
Proposal to construct 45 storey residential condo with 430 units and 4 levels of undeground garage.RESIDENTIAL UNITS ONLY NO COMMERCIALGREEN ROOF TOTAL AVAIL ROOF- 2804m2required 60 percent 1682m2proposes 1904m2 (more than required)
Issued July 20, 2018
Alternative SolutionApproved
Proposal for the alternative solution to allow for the interconnected floor space between the OBC defined first and third storey at the Islington Terrace, Phase 1 Development. Th esecond storey is remote from from the actual interconnection and fire separated from both the first and third storeys by a 2 h floor to floor fire seperation and as a result the objectives of the OBC are satisfied.
Completed July 5, 2018
Partial Permit - Structural FramingClosed
Part Permit - Proposal to construct 45 storey residential condo with 430 units and 4 levels of undeground garage. Phase One
Issued April 25, 2018
Alternative SolutionApproved
The proposed alternative solution contains rationale to support the proposed design to have ventless dryers located in residential suite.
Completed April 12, 2018
Inside and Outside DrainsClosed
Drain - Proposal to construct 45 storey residential condo with 430 units and 4 levels of undeground garage.
Issued September 20, 2017
Alternative SolutionApproved
To address the provision of 65 mm hose connections in lieu of fire hose stations for the standpipe system that will be installed in the proposed residential/retail condo building PHASE 1
Completed November 10, 2017
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
25 MABELLE AVESite planOMB Appeal
Proposal to redevelop the site with a 49 storey mixed use building containing 79 square metres of retail gross floor area, 580 residential condominium units and 5 levels of below grade parking. The new building is proposed to be constructed to the west of the existing residential building at 25 Mabelle Avenue.
100 m away1276 ISLINGTON AVESite planUnder Review
Proposed infill development of a 35-storey, 25,700.63 square-metre, purpose-built rental building containing 375 residential units, and 262 parking spaces provided between four levels of underground parking. The existing 12-storey residential building will be retained. The site will have a total gross floor area (GFA) of 43,570.63 square metres.
150 m away3326 BLOOR ST WPlan of subdivisionUnder Review
Bloor Kipling Housing Now: Draft Plan of Subdivision to create two mixed-use development blocks and a new public road connecting Green Lanes and Aberfoyle Crescent.
220 m away1226 ISLINGTON AVEPlan of subdivisionUnder Review
Bloor Kipling Housing Now: Draft Plan of Subdivision to create two mixed-use development blocks and a new public road connecting Green Lanes and Aberfoyle Crescent.
220 m away1243 ISLINGTON AVESite planUnder Review
Proposed 61-storey mixed use building.
220 m away20 CORDOVA AVECondominiumUnder Review
*** Proposed 27 storey building containing 325 residential units and 179 parking spaces in a below-grade parking structure.
240 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Islington-City Centre West right now
- For sale now
- 164
- Median asking price
- $502K
- New in 7 days
- 17
- Price cuts
- 21%
Middle half: $449K to $600K
66 in 28 days
34 listings
This home is asking 20% below the median, lower than three quarters of them.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 200 m |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 1.3 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Islington Junior Middle SchoolToronto DSB | Public · grades JK–8 · French Immersion | 200 m | 69%Grade 6 average |
| Our Lady of Sorrows Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 650 m | 89%Grade 6 average |
| Our Lady of Peace Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.2 km | 76%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke Collegiate InstituteToronto DSB | Public · grades 9–12 | 500 m | 73%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.2 km | 81%Grade 9 math |
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 2.5 km | 68%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 6.9 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.