122 Ashbourne Drive, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13026132
About this home
Step inside this breathtaking 5000+ sqft residence, where every detail embodies sophistication and comfort. The grand foyer welcomes you with soaring ceilings, leading to expansive living areas featuring custom millwork & designer notes from hardwood floors to ceilings. Experience culinary excellence in the gourmet kitchen, beautifully appointed with modern cabinetry, Italian porcelain countertops & premium Miele appliances. The adjacent full prep kitchen with a secondary range hood, cooktop & dishwasher ensures that your main kitchen remains flawless for your guests while you cook up a storm. Retreat to 1 of 2 private primary suites, complete with a spa-inspired ensuite, deep soaking tub, and bespoke walk-in closets. Entertain effortlessly in the lower level complete with home theatre built-in speakers, custom wine/cigar fridges, walk out to lower courtyard all finished in impeccable style. Glass walls open to a backyard with resort quality amenities featuring a generous size pool, landscape lighting, outdoor hot water shower, stone & granite bar & a glass enclosed cabana, offering the perfect blend of serenity and grandeur. From smart home automation to the private study to a seamless transit of indoor & outdoor space, every corner of this residence is curated for refined living. To explore the rest of this unparalleled lifestyle you simply need to call your agent and book an appointment.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13026132
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 7 (1 half)
- Size
- 5,000 sq ft
- Lot
- 59.12 × 161.16 ft
- Cross streets
- Burnhamthorpe & Kipling
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete, Poured Concrete, Slab, Wood Frame
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- On Ground, Outdoor, Salt
- Property tax
- $6,153 / 2025
- Days on market
- 91
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
porcelain floor · heated floor
custom backsplash · custom counter · hardwood floor
heated floor · semi ensuite · hardwood floor
walk through · 6 pc ensuite · w/o to balcony
w/o to balcony · 7 pc ensuite · built-in speakers
heated floor · stainless steel sink · ceramic floor
fireplace · w/o to deck · built-in speakers
hardwood floor · built-in speakers · led lighting
pantry · centre island · custom counter
w/o to yard · b/i shelves · hardwood floor
walk-in closet(s) · built-in speakers · 4 pc ensuite
heated floor · w/o to yard · b/i bar
heated floor · walk-in closet(s) · semi ensuite
heated floor · combined w/rec · built-in speakers
led lighting · hardwood floor · b/i shelves
heated floor · custom counter · stainless steel sink
walk-in closet(s) · built-in speakers · 4 pc ensuite
Listed at $4,444,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Islington-City Centre West lately, sellers have been getting about 100% of asking and homes sell in about 19 days.
Based on 99 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 99 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.37M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $3.50M
- Bathrooms +$15K
- Adjusts to $3.52M
That comparable adjusts to $3.52M; the $4.52M estimate above is the median of all 99 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ashbourne Drive is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $4.52M, median of 99 comparables.
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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Weigh carefully
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 5% above the area average of $844/sqft.
90 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Islington-City Centre West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Ashbourne Drive, about 109 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 21, 2026); conventional rates run a little higher.
Mortgage amount $3,555,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18,972
- Property tax
- $513
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $19,485
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $97,575
- Toronto municipal land transfer tax
- $116,455
- Estimated closing costs
- $214,030
Plus your down payment of $888,800. 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
- $1,138,312
- Principal paid down
- $452,756
- Interest paid
- $685,556
- Balance remaining
- $3,102,444
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 PROFESSIONALS INC.. MLS®/PropTx.