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Unit 1029 at Park Terraces

Sold

26 Gibbs Road 1029, Toronto W08, ON M9B 0E3

MLS #W12381758

$685,000

Sold on November 2, 2025

November 2, 2025

Originally listed at $699,000 21 days on market

About This Property

Step into this sun-filled 3-bedroom, 2-bathroom penthouse residence with parking, offering 984 sq. ft. of thoughtfully designed interior space plus a 98 sq. ft. balcony for outdoor enjoyment. With 9-foot smooth ceilings and an open-concept living and dining area, this modern home balances comfort and style.The kitchen features a custom island with storage and stainless steel appliances, while the bedrooms showcase elegant upgrades: panelled accent walls in the primary and third bedrooms, privacy blinds in the second, and a spacious walk-in closet with a private 3-piece ensuite in the primary suite.Move-in ready, the suite also includes custom light fixtures, window coverings, and internet.Enjoy resort-style amenities: an outdoor lap pool, fitness centre, childrens playroom, a second-floor terrace with BBQs, party room, and 24-hour concierge. A complimentary shuttle to Kipling Station makes commuting effortless, with Hwy 427, Cloverdale Mall, Sherway Gardens, Pearson Airport, schools, parks, cafés, and grocery stores all just minutes away. ***OPEN HOUSE*** SAT SEP 20 & SUN SEP 21 12PM-2PM

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($840/mo) and property tax ($3,062/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$736/sqft
Islington-City Centre West
$667/sqft+10.3%
Toronto W08
$679/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 950 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2944
MLS Size900-999
Listed OnSep 3, 2025
Maintenance Fees$840/month
Property Tax$3,062/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)6.7 x 5.0522.0 x 16.6-
Dining Room(Main)6.7 x 5.0522.0 x 16.6-
Bedroom(Main)3.3 x 2.7410.8 x 9.0-
Bedroom 2(Main)2.62 x 2.48.6 x 7.9-
Bedroom 3(Main)2.4 x 3.47.9 x 11.2-
Kitchen(Main)6.7 x 5.0522.0 x 16.6-
Bathroom(Main)---
Bathroom(Main)---

Room Dimensions Available

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Unit 1029 History

Complete transaction history for this unit

Terminated

Listed: Aug 20, 2025

$749,000

14 days on marketSale
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Price History

Original List Price

$699,000

Listed on Sep 3, 2025

Sold Price

$685,000

Sold on Nov 2, 2025

-$14,000

-2.0%

21 days on market

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Available For Sale in This Building

OQ

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OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePark Terraces
Address26 Gibbs Road, Toronto W08
Parking TypeUnderground

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About Unit 1029 at Park Terraces

Unit 1029 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 900-999 square feet located at Park Terraces, 26 Gibbs Road, Toronto W08. This unit is currently sold (sold for $685K).

About Park Terraces

Park Terraces is located at 26 Gibbs Road, Toronto W08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Islington-City Centre West Neighbourhood

This unit is located in Islington-City Centre West, part of Toronto W08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Park Terraces, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 1029 Park Terraces Toronto W08

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