2040-35 Viking Lane
Islington-City Centre West, Toronto, Ontario M9B 0A2
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $690at the range’s middle
- Tax a year
- $3,3922026 tax year
- Built
- 16-30
- Parking
- 22 underground
- Days on market
- Members
The brief
About 2040-35 Viking Lane
2040-35 Viking Lane is a 2-bedroom, 2-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $759,000 (MLS® W13412876).
FANTASTIC RENOVATED CORNER UNIT 2 BEDROOM / 2 BATHROOM / 2 CAR PARKING / 1 LOCKER ETOBICOKE CONDO with BALCONY in STUNNING LOCATION JUST STEPS TO TTC BUSSES/SUBWAY, GO, MIWAY Mississauga KIPLING STATION! RECENT RENOVATIONS INCLUDE: Luxury Vinyl Flooring Throughout, Closet Organizers, Renovated Main Bathroom with Custom Glass Shower Enclosure, Painted Throughout in Benjamin Moore High End Paint, ENTIRELY RENOVATED CUSTOM KITCHEN with Quartz Counters & Quartz Backsplash, Custom Lighting, Integrated Pot & Spice Drawers and Integrated Waste/Recycling Storage! The Spacious Primary Bedroom Offers Walk-In Closet and Full Ensuite Bathroom! Stunning Open Concept 2 Bedroom CORNER UNIT has Clear Views of Lake Ontario From the Large Windows and Balcony! Outstanding Convenience with 2 Owned and Side By Side Parking Spaces Near Building Entrance and 1 Owned Locker! Fully Loaded TRIDEL Built and Managed Smoke Free Building with Luxurious Amenities Such as Golf Simulator, Pool, Whirlpool, Sauna, Steam Room, BBQ Patio and Lounge on Second Floor, Library, Party Room, Billiard Room, Ping Pong Room, Theatre, Dining Room, Party Room For Up to 100 People, Guest Suites, Visitor Parking, Concierge, and Access to Rogers, Bell Fibe, Beanfield! Ideal Etobicoke Location is Steps to Kipling GO/TTC/Miway Station, Parks, Shopping and More! Proudly Renovated and Occupied by Quality Owners! Flexible Closing Possible!
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall15/100−$2,085/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 83 condos with 2 bedrooms 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
- $3,392 / 2026
- MLS® number
- W13412876
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Building Age
- 16-30
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All Electric Light Fixtures, Ceiling Fan, LED Lighting, Pot Lighting, Under Cabinet and Integrated Lighting, Window Coverings, Laundry Shelving, Pit Boss Electric BBQ/Smoker Washer, Dryer STAINLESS STEEL: Refridgerator, Stove, Dishwasher, Hood Vent, Bar Fridge - 2 Owned Parking Spaces Side By Side and 1 Owned Locker - SEE INFORMATION ATTACHMENT
- Condo maint.
- $939
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.51 × 2.55 m | Separate Rm, Double Closet, Mirrored Closet | Flat |
| Living | 2.92 × 5.15 m | Vinyl Floor, Open Concept | Flat |
| Dining | 2.47 × 2.77 m | Vinyl Floor, W/O To Balcony, Sw View | Flat |
| Kitchen | 2.4 × 3.94 m | Renovated, Quartz Counter, Stainless Steel Appl | Flat |
| Breakfast | 1.7 × 2.16 m | Vinyl Floor, Sw View, Open Concept | Flat |
| Primary | 1.5 × 2.48 m | 4 Pc Ensuite, W/I Closet, Vinyl Floor | Flat |
| Bathroom | 1.5 × 2.48 m | 4 Pc Ensuite | Flat |
| Br | 3.02 × 3.93 m | 3 Pc Bath, Vinyl Floor, Double Closet | Flat |
| Bathroom | 1.82 × 2.03 m | 3 Pc Bath, Renovated | Flat |
| Laundry | 0.0 × 0.0 m | Separate Rm | Flat |
Listing history
Buy/sell history for 2040-35 Viking Lane, 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 | $759,000 | N/A | Ext | W13412876 |
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
- $151,800
- Total mortgage amount
- $607,200
- Total interest payment
- $431,700
- Total purchase cost
- $1,190,700
- Mortgage payment
- $3,463/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
68%Monthly carrying cost
$4,685- Rent $2,600
- Shortfall $2,085
Rental income opens at $2,600, the median asking rent of 83 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
- $11,655
- Toronto municipal land transfer tax
- $11,655
- Total land transfer tax
- $23,310
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $14,835
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 $400,000
- $2,250
- 2.0% from $400,000 to $759,000
- $7,180
- Ontario total
- $11,655
Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,655.
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 Yossi Kaplan, MBA, Salesperson 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 m43 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.3 m below ground nearbyThe middle water level in the well records within 500 m (293 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 activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 16 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.7 km5.7 km
- Mapped parcel: about 56,380 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 · toronto.parcels
Around the home2
- Nearest rail line: 100 m100 m
- 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
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is City of Toronto — Bering Yard, 670 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.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 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 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
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
16 building permits cleared at this address in the City’s file.
Electromagnetic LocksClosed
Proposal for installation of a magnetic lock device
Issued July 30, 2025
Piping: Other BuildingsInspection
Proposed kitec replacement in existing apartment building - Unit 2137.
Issued December 5, 2018
Interior AlterationsCancelled
Proposal to construct interior alterations to condo unit 1740 to enclose proposed study space
Issued November 14, 2017
Piping: Other BuildingsClosed
Proposal to replace existing kitec water supply in suite with Uponor piping in unit 1532.
Issued August 29, 2017
Piping: Other BuildingsClosed
Proposal to replace domestic water piping in unit 338 of existing apartment building.
Issued April 21, 2017
Piping: Other BuildingsInspection
Proposal to replace existing kitec water supply in suite with Uponor piping in unit 735
Issued April 12, 2017
Piping: Other BuildingsInspection
Proposal to change Kitec piping to Uponor piping in unit #2235.
Issued March 24, 2017
Piping: Other BuildingsInspection
Proposal to change Kitec piping to Uponor piping in suite 2938
Issued February 24, 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.
970 KIPLING AVEOfficial plan or zoning amendmentUnder Review
An application to amend the Zoning By-law to Lift the "(H)" Holding Symbol, applied by Zoning By-law 492-2026.
270 m away970 KIPLING AVESite planUnder Review
Proposed 43-storey tower and a 28-storey tower. The Subject Site will include 839 purpose-built rental apartments comprised of 198 affordable units and 641 market units as well as approximately 13,560 SF of retail space.
270 m away5280 DUNDAS ST WSite planUnder Review
Proposed demolition of the existing building on the subject site and its redevelopment with a 49-storey residential building, inclusive of a 4-storey podium. This proposal comprises 541 residential dwelling units, 47 vehicular parking spacesand 406 bicycle parking spaces, resulting in a total gross floor area of approximately 32,000 square metres and a density of 25.6 times the lot area.
270 m away5230 DUNDAS ST WPlan of subdivisionUnder Review
Proposed development into 4 development blocks, buildings ranging from 10 storeys to 45 storeys, mixed use and containing 2,130 residential apartment units.
270 m away5207 DUNDAS ST WSite planUnder Review
Site Plan Administrative application in relation to file #22 212809 WET 03 SA.
300 m away9 JOPLING AVE SSite planUnder Review
Site Plan Control application for a 39-storey mixed-use building (128.00 m-tall incl. MPH, 25,947 sqm total GFA - 210 sqm non-res GFA) with 438 dwelling units (110 - 2bd, 44 -3bd), 1752 sqm of amenity space and 32 parking spaces (6 visitor, 26 residential).
300 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
- 20%
Middle half: $449K to $600K
66 in 28 days
33 listings
This home is asking 51% above the median, higher 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 | 150 m |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.6 km |
| Mimico GO | GO Transit train: Lakeshore West | 3.9 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 |
|---|---|---|---|
| Our Lady of Peace Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1 km | 76%Grade 6 average |
| Wedgewood Junior SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 79%Grade 3 average |
| Islington Junior Middle SchoolToronto DSB | Public · grades JK–8 · French Immersion | 1.2 km | 69%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.5 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.7 km | 73%Grade 9 math |
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.4 km | — |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.5 km | 81%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 7.9 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
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Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.