7 Ivybridge Drive, Toronto, ON
Eringate-Centennial-West Deane, Toronto · MLS® W12805618
About this home
Exceptional Renovated Bungalow in Prime Etobicoke Location Backing Onto Ravine. Set on a picturesque, tree-lined street in one of Etobicokes most desirable neighbourhoods, this exceptional bungalow sits proudly across from Centennial Park and backs onto the peaceful ravine and green space of Elmhurst Park. With a 2-car garage and 4-car driveway, this home combines curb appeal, thoughtful design, and true versatility. Completely renovated from top to bottom, the spacious main floor features three bright bedrooms, including a well-appointed primary with its own en suite, plus a second full bathroom. The modern kitchen flows seamlessly into the dining area, while the inviting living room offers plenty of space for relaxing and entertaining. Off the main foyer, a rare private den/office creates the perfect work-from-home setup or reading retreat. The fully finished walk-out basement is a standout feature, with its own separate entrance making it perfect as a self-contained rental unit or multigenerational living space. Offering a huge family/living room, three bedrooms (including one with a private en suite), a full second kitchen, its own dedicated laundry, a further full bathroom, and ample storage throughout. Enjoy a superb lifestyle surrounded by nature, with parks, trails, and recreation at your doorstep, while still being minutes from excellent schools, shopping, public transit, major highways, and Pearson Airport. This is a rare opportunity to own a turnkey property in an unbeatable location that truly has it all.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W12805618
- Bedrooms
- 6 (3 + 3)
- Bathrooms
- 4
- Size
- 2500-3000
- Lot
- 47.31 × 125.17 ft
- Cross streets
- Rathburn Rd/Mill Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,980 / 2025
- Days on market
- 147
- Listing brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Rooms
Hardwood Floor
Hardwood Floor
3 Pc Ensuite
hardwood floor · 3 pc ensuite
Hardwood Floor
Walk-Out
Hardwood Floor
Hardwood Floor
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Silverthorn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Rathburn Rd at Elmcrest Rd is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Walk-out basement: natural light and strong in-law or income potential.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Income potential
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 39% below the area average of $1,011/sqft.
146 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Eringate-Centennial-West Deane, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Rathburn Rd at Elmcrest Rd, about 228 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,351,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,211
- Property tax
- $498
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,709
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,255
- Toronto municipal land transfer tax
- $30,255
- Estimated closing costs
- $60,510
Plus your down payment of $337,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $432,630
- Principal paid down
- $172,076
- Interest paid
- $260,555
- Balance remaining
- $1,179,124
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ABOUTOWNE REALTY CORP.. MLS®/PropTx.