38 Mattice Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13145126
About this home
Welcome to this exceptional custom-built residence offering approximately 3,200 sq/ft of refined living space on an impressive 50 x 160 ft deep lot. Freshly painted and professionally cleaned. Thoughtfully designed for both luxurious everyday living and unforgettable entertaining, this stunning 4-bedroom, 6-bathroom home seamlessly blends elegance, comfort, and outdoor resort-style amenities. Step inside to discover spacious principal rooms, sophisticated finishes, and a functional open-concept layout flooded with natural light. The gourmet kitchen flows effortlessly into the living and dining areas, creating the perfect atmosphere for family gatherings and entertaining guests. Spacious kitchen with white quartz counters, contemporary white cabinetry, upgraded 6 burner Bertazzoni gas range and hood. Retreat upstairs to generously sized bedrooms, each offering comfort and privacy, while the beautifully appointed bathrooms deliver a spa-inspired experience throughout the home. 2nd floor laundry room for added convenience. The true standout is the fully finished lower level, featuring a separate basement unit designed with independent living in mind. Whether used for Multi-generational living, extended family, adult children seeking privacy, or as income-generating rental suite, this space offers complete autonomy with their own kitchen, bathroom, and living area with laundry. The backyard is truly a private oasis. Enjoy summers in the saltwater pool, unwind around the sunken fire pit area, and take in the professionally designed armor stone landscaping that adds both beauty and timeless appeal. The expansive lot provides exceptional outdoor space rarely found in today's market. This is luxury family living at its finest - an extraordinary opportunity to own a beautifully crafted home on a desirable oversized lot. A unique home that truly adapts to your lifestyle today-and grows with your needs tomorrow.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13145126
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 50 × 160 ft
- Cross streets
- Kipling/Burnhamthorp
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Full, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $13,151 / 2025
- Days on market
- 64
- Listing brokerage
- CENTURY 21 REGAL REALTY INC.
Rooms
bamboo · window · separate room
4 pc ensuite · broadloom · double closet
open concept · overlooks living · hardwood floor
modern kitchen · stone counters · overlooks garden
wood · fireplace · w/o to yard
5 pc ensuite · juliette balcony · walk-in closet(s)
formal rm · large window · hardwood floor
bamboo · window · wet bar
broadloom · double closet · large window
broadloom · double closet · large window
window · closet · separate room
Listed at $2,849,900, this home is within the range of comparable homes, on the lower side. 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 22 days.
Based on 97 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 97 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.94M, 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 $2.66M
- Bedrooms +$30K
- Bathrooms +$30K
- Adjusts to $2.72M
That comparable adjusts to $2.72M; the $3.15M estimate above is the median of all 97 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 $3.15M, median of 97 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 4% above the area average of $841/sqft.
63 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 $2,279,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,166
- Property tax
- $1,096
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,262
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $57,723
- Toronto municipal land transfer tax
- $57,723
- Estimated closing costs
- $115,445
Plus your down payment of $569,980. 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
- $729,990
- Principal paid down
- $290,348
- Interest paid
- $439,642
- Balance remaining
- $1,989,572
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 CENTURY 21 REGAL REALTY INC.. MLS®/PropTx.