1060 Kipling Avenue, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13098384
About this home
Move in ready Luxury Home in Etobicoke.Very spacious custom home with double car garage & double driveway with parking for extra 4 cars.Beautiful house featuring brick & stone work on the outside with oversized windows that provide lots of light.High ceiling foyer with oversized closet & open stairs lead to main floor featuring powder room, office with french doors, living room with gas fireplace.Round coffered ceiling in dining room, centre island in kitchen that overlooks backyard trees.Stainless steel top appliances & quartz counters.Breakfast area as well.Family room with gas fireplace and walk out to deck.Stairs lead to upstairs hallway with big skylight and access to fairly huge Primary Bedroom featuring walk in closet,5 piece ensuite bath with free standing tub & dual vanity sink.Other 3 Bedrooms on the same floor all come with own ensuite bathing 2 with walk in closets as well.Laundry on the same level & linen closet for your convenience.Finished above ground basement features 2nd Family room with glass enclosed wine storage wall ,full bath, extra bedroom and rec room.Walk out from basement to backyard and garage.Close to subway station, airport,city.Very desirable school district.Close to park, shops,mall.Amazing house great for entertaining and very comfortable to live in.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- W13098384
- Bedrooms
- 5
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000
- Lot
- 44.9 × 133.96 ft
- Cross streets
- Burnhamthorpe/Kipling
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,945 / 2025
- Days on market
- 71
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
porcelain floor · laundry sink · quartz counter
coffered ceiling(s) · open concept · hardwood floor
hardwood floor · gas fireplace · pot lights
pot lights · w/o to deck · gas fireplace
vinyl floor · walk through · above grade window
4 pc ensuite · walk-in closet(s) · hardwood floor
5 pc ensuite · walk-in closet(s) · hardwood floor
3 pc ensuite · walk-in closet(s) · hardwood floor
open concept · porcelain floor · open stairs
centre island · breakfast area · stainless steel appl
4 pc ensuite · hardwood floor · pot lights
3 pc bath · access to garage · w/o to yard
vinyl floor · closet · above grade window
hardwood floor · crown moulding · french doors
Listed at $2,850,000, this home is tracking about 22% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 46 similar homes nearby, adjusted for size, beds, and baths.Median of 46 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.07M, a bit lower.
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, listed at $2.79M
- Bathrooms +$15K
- Adjusts to $2.81M
That comparable adjusts to $2.81M; the $3.65M estimate above is the median of all 46 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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. Kipling Ave at Mattice Rd is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $3.65M, median of 46 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Lifestyle
- 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 23% below the area average of $877/sqft.
70 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
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Kipling Ave at Mattice Rd, about 103 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 $2,280,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,167
- Property tax
- $995
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,162
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,725
- Toronto municipal land transfer tax
- $57,725
- Estimated closing costs
- $115,450
Plus your down payment of $570,000. 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
- $730,016
- Principal paid down
- $290,359
- Interest paid
- $439,657
- Balance remaining
- $1,989,641
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.