10 Gibbs Road, Toronto, ON

$729,999
MLS#:W11949593
3 beds
2 baths
1000-1199 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This listing is no longer active (Sold)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 construction, this residence presents an exceptional opportunity offered at $729,999 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the exquisite boutique condos at Park Terraces in Etobicokea perfect blend of contemporary design and luxurious comfort. This exceptional 985 sq ft open-concept living space features a thoughtfully designed 3-bedroom split floorplan layout that promises an unparalleled living experience.Sunlight floods every corner, accentuating the 9-foot ceilings and elegant laminate floors. The stunning color palette and high-end finishes throughout the condo exude sophistication. The modern kitchen is a chef's dream, boasting stainless steel appliances, a chic backsplash, a pantry, quartz countertops, and a versatile moveable table/island.Step out onto the 88 sq ft balcony and be captivated by the southeast viewsa serene spot to enjoy your morning coffee while overlooking the outdoor pool and park. The primary bedroom serves as a tranquil retreat with a luxurious 3-piece ensuite and an expansive walk-in closet.Park Terraces offers a wealth of resort-style amenities: a concierge, gym, rooftop deck, party rooms, outdoor pool, pet spa, and more. Additionally, this unit includes one convenient parking spot.Whether you're seeking a premier investment opportunity or a sophisticated place to call home, this condo is an outstanding choice that combines elegance, comfort, and convenience in one stunning package. Don't miss your chance to own a piece of luxury in Etobicoke! **EXTRAS** Unbeatable location near top schools, a well-stocked library, major highways, Pearson Airport, Kipling Subway Station, and the popular Sherway Gardens & Cloverdale Malls. Free shuttle service to subway ensures easy & stress-free commuting.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 22, 2025
Sold price information is available to members only
Listed Date1/31/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,887.43

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Other

Security Features

Community Features

Location

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10 Gibbs 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 10 Gibbs Road 717, Toronto W08, ON M9B 0E2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$48,000 (6.6%)
* Minimum Canadian down payment required for this price is $48,000.
Amortization Period25 Years
Estimated Monthly Payment$4,064Based on a loan of $681,999 over 25 years.
Purchase Price$729,999
Loan Amount$681,999
Provincial Land Transfer Tax:$11,075
Toronto Municipal Land Transfer Tax:$11,075
Total Estimated Closing Taxes:$22,150

About Purchasing a Home in Toronto, ON

For a property listed at $729,999 in Toronto, the legal minimum down payment is $48,000 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 $11,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,075 also applies, bringing the total estimated land transfer taxes to $22,150.

Nearby Listings

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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$1,167,326

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.