54 Cronin Drive, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13110114
About this home
A masterclass in modern luxury and architectural detail, this custom-built residence seamlessly blends sophisticated design with exceptional functionality. Thoughtfully curated from top to bottom, the home showcases impeccable craftsmanship, soaring 10-foot ceilings on the main level, stunning white oak herringbone flooring, built-in speakers, and full smart home integration for effortless everyday living. Designed to impress and built for entertaining, the chef's kitchen is a true statement piece featuring premium Sub-Zero, Wolf, and Bosch appliances, an expansive eat-in island with bar sink and wine fridge, and seamless flow into the spacious family room and sun-filled breakfast area. Bespoke millwork and refined designer finishes elevate every space throughout the home. The luxurious primary retreat offers the feel of a private boutique hotel suite, complete with its own balcony, a custom dream walk-in closet, and a spa-inspired ensuite designed for total relaxation. The impressive lower level features soaring 11-foot ceilings, a dramatic oversized walkout, and a fully wired home theatre creating the ultimate space for entertaining and family living. A truly exceptional residence where every detail has been intentionally designed, beautifully executed, and crafted to leave a lasting impression.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13110114
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 45 × 139.77 ft
- Cross streets
- Burnhamthorpe Rd and The East Mall
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,945 / 2025
- Days on market
- 72
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
hardwood floor · open concept · built-in speakers
hardwood floor · 4 pc ensuite · b/i closet
5 pc ensuite · walk-in closet(s) · gas fireplace
gas fireplace · large window · hardwood floor
heated floor · above grade window · 4 pc ensuite
hardwood floor · b/i closet · large window
heated floor · hardwood floor · large window
stone counters · combined w/family · b/i appliances
heated floor · combined w/kitchen · gas fireplace
hardwood floor · b/i bookcase · large window
built-in speakers · gas fireplace · hardwood floor
hardwood floor · balcony · semi ensuite
Listed at $2,899,000, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Islington-City Centre West lately, sellers have been getting about 101% of asking and homes sell in about 22 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 $2.67M, a close match.
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 $2.83M
- Bedrooms +$30K
- Adjusts to $2.87M
That comparable adjusts to $2.87M; the $2.47M 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.
Total price vs nearby homes. Fair value about $2.47M, 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. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 17% above the area average of $902/sqft.
71 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.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $2,319,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,376
- Property tax
- $995
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,372
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,950
- Toronto municipal land transfer tax
- $58,950
- Estimated closing costs
- $117,900
Plus your down payment of $579,800. 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
- $742,567
- Principal paid down
- $295,351
- Interest paid
- $447,216
- Balance remaining
- $2,023,849
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
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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.