530-26 Gibbs Rd
Islington-City Centre West, Toronto, Ontario M9B 0E3
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0–499sq ft
- Per sq ft
- $751at the range’s middle
- Tax a year
- $1,9082026 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 530-26 Gibbs Rd
530-26 Gibbs Rd is a 1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $374,900 (MLS® W13871868).
Discover this stylish and well-cared-for 1-bedroom condo with parking located in the desirable Park Terraces at Valhalla Town Square. The unit offers a modern kitchen with a centre island that provides additional workspace and seating, along with a bright, open living area filled with natural light and a generously sized bedroom, complemented by a private balcony-perfect for enjoying your morning coffee or unwinding with city views. Conveniently situated near Hwy 427, Hwy 401, QEW, Kipling Station, Sherway Gardens, Pearson Airport, tennis and pickleball courts. The building features excellent amenities including security, fitness centre, sauna, library, games room, kids play area, dog wash, outdoor infinity pool, and a party room with outdoor terrace. Ideal for investors, first-time buyers, or working professionals seeking comfort and convenience in a prime location.
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-even57/100−$68/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
- $1,908 / 2026
- MLS® number
- W13871868
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 0-499 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 0-499 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Roof
- Other
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stove, Dishwasher, Washer & Dryer, Electrical Light Fixtures, Window Coverings, 1 Parking
- Condo maint.
- $423
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.6 × 3.23 m | Large Window, Open Concept, Open Concept | Flat |
| Dining | 2.6 × 3.23 m | Combined W/Kitchen, Open Concept, Laminate | Flat |
| Primary | 2.8 × 3.11 m | Large Window, Laminate, Closet | Flat |
Listing history
Buy/sell history for 530-26 Gibbs Rd, 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 | $374,900 | N/A | Pc | W13871868 |
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
- $74,980
- Total mortgage amount
- $299,920
- Total interest payment
- $213,380
- Total purchase cost
- $588,280
- Mortgage payment
- $1,711/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
23%Monthly carrying cost
$2,293- Rent $2,225
- Shortfall $68
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
- $4,099
- Toronto municipal land transfer tax
- $4,099
- Total land transfer tax
- $8,198
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,099
- Total for first-time buyers
- $99
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 $374,900
- $1,874
- Ontario total
- $4,099
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,099.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m14 test or monitoring holes also recorded.250 m
- Groundwater recorded about 6.1 m below ground nearbyThe middle water level in the well records within 500 m (52 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 18 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.3 km4.3 km
- Mapped parcel: about 23,690 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Deciem Inc., 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 110 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (110 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.110 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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
Zone
CR 4.0 (c0.3; r3.8) (x104)By-law
569-2013Municipality
Toronto1 4.0
Density: total floor area is capped at 4.0 times the lot area.
2 c0.3
Commercial floor area is capped at 0.3 times the lot area.
3 r3.8
Residential floor area is capped at 3.8 times the lot area.
4 x104
Site-specific exception 104: this site has rules of its own, written in the by-law.
5 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(104)
6 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
10 GIBBS RDSite planUnder Review
Site Plan application for Phase 2 of the mixed-use development at 2 Gibbs Road. Phase 2 includes the proposed development of Building D, a 40-storey (115 m) tower and Building E, a 44-storey (126.5 m) tower, both above a 4-storey (13 m) podium. The total proposed gross floor area is 57,280 m², of which 550 m² is retail, 3,085 m² is office, and 53,645 m² is residential. Phase 2 also includes a landscaped central garden as a privately-owned publicly-accessible open space.
60 m away2 GIBBS RDSite planUnder Review
Site Plan application for Phase 2 of the mixed-use development at 2 Gibbs Road. Phase 2 includes the proposed development of Building D, a 40-storey (115 m) tower and Building E, a 44-storey (126.5 m) tower, both above a 4-storey (13 m) podium. The total proposed gross floor area is 57,280 m², of which 550 m² is retail, 3,085 m² is office, and 53,645 m² is residential. Phase 2 also includes a landscaped central garden as a privately-owned publicly-accessible open space.
100 m away1 EVA RDOfficial plan or zoning amendmentUnder Review
Proposed application to permit the redevelopment of the Subject Site with a new mixed-use development consisting of three residential towers atop a shared building podium. Community uses are proposed at grade along a north-south private road. The three towers, 28, 28, and 44 storeys in height, would sit atop a shared, 7-storey podium, containing a total of 936 residential units of both condominium and rental tenure.
370 m away285 THE WEST MALLSite planUnder Review
Site Plan Approval - Proposal to permit the development of three 13-storey residential buildings on the subject lands.
590 m away285 THE WEST MALLOfficial plan or zoning amendmentAppeal Received
Proposal to permit the development of three 13-storey residential buildings on the subject lands. The proposed development will result in a total of 47,432.2m2 GFA which includes 1,632.2 m2 of below grade residential GFA and 2,269.5m2 of amenity space.
590 m away283-285 THE WEST MALLOfficial plan or zoning amendmentAppeal Received
Proposal to permit the development of three 13-storey residential buildings on the subject lands. The proposed development will result in a total of 47,432.2m2 GFA which includes 1,632.2 m2 of below grade residential GFA and 2,269.5m2 of amenity space.
610 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 25% 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 |
|---|---|---|
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 1.8 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Renforth Station | MiWay bus rapid transit: Transitway | 3.7 km |
| Orbitor Station | MiWay bus rapid transit: Transitway | 3.8 km |
| Dixie GO | GO Transit train: Milton | 3.8 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; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, 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. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Elizabeth Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 450 m | 83%Grade 6 average |
| Eatonville Junior SchoolToronto DSB | Public · grades JK–5 | 650 m | 75%Grade 3 average |
| Wedgewood Junior SchoolToronto DSB | Public · grades JK–5 | 1.2 km | 79%Grade 3 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 4.3 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Silverthorn Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.8 km | 53%Grade 9 math |
| Michael Power/St Joseph High SchoolToronto CDSB | Catholic · grades 9–12 | 3 km | 68%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 9.6 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
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Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.