1 Friars Lane, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13160152
About this home
An unparalleled architectural masterpiece of European elegance, privately nestled on an elite cul-de-sac in prestigious Thorncrest Village. Masterfully designed and personally supervised by renowned architect Rocco Maragna, this extraordinary 7,500+ sq. ft. custom estate seamlessly marries the timeless warmth of Spanish-Revival artistry with bold, avant-garde design. Built with uncompromising craftsmanship, it is a rare trophy property tailored for the discerning buyer who rejects the ordinary.Step through custom Italian black lacquer doors into a breathtaking grand foyer boasting soaring 17-foot ceilings and flooded with natural light. The formal dining room serves as a dramatic centerpiece, anchored by an exquisite, authentic Murano glass chandelier. A gourmet chef's kitchen features premium quartz countertops, high-end built-in appliances, and a seamless flow into the open-concept living spaces-all framed by walls of glass that offer panoramic views of your private outdoor oasis.Designed for ultimate privacy and multi-generational flexibility, the residence offers a rare 5+1 bedroom layout serviced by two distinct staircases and a private commercial-grade elevator accessing all three levels. The expansive lower level is a true entertainment haven, complete with soaring ceiling heights, massive recreational spaces, and a full second kitchen-ideal for grand-scale hosting or an independent nanny suite.Step outside into a resort-style backyard paradise, completely secluded by lush landscaping, featuring a sparkling pool, pristine stonework, and a rare, mature Shishigashira Japanese maple. Situated in an exclusive, high-net-worth enclave, enjoy close proximity to Toronto's premier golf clubs, elite schools, and upscale shopping-all while remaining less than 15 minutes from Pearson International Airport for effortless travel. A 2-car garage completes this turnkey architectural marvel. Truly a must-see!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13160152
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 5
- Size
- 5,000 sq ft
- Lot
- 65 × 167 ft
- Cross streets
- Islington Ave. & Rathburn Rd.
- Parking
- 2 garage · 12 parking (built-in)
- Driveway
- Circular Drive, Front Yard Parking, Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Pool
- Inground, Outdoor
- Property tax
- $22,826 / 2025
- Days on market
- 61
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
combined w/kitchen · porcelain floor · w/o to patio
4 pc ensuite · walk-in closet(s) · juliette balcony
bow window · pot lights · hardwood floor
hardwood floor · above grade window · west view
quartz counter · stainless steel appl · breakfast bar
open concept · vaulted ceiling(s) · hardwood floor
open concept · b/i bookcase · hardwood floor
walk-in closet(s) · hardwood floor · w/o to balcony
vaulted ceiling(s) · marble fireplace · overlooks pool
3 pc bath · pot lights · hardwood floor
open concept · pot lights · hardwood floor
5 pc ensuite · walk-in closet(s) · w/o to balcony
Listed at $4,649,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Princess-Rosethorn lately, sellers have been getting about 99% of asking and homes sell in about 23 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 $5.07M, 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 $3.50M
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $3.52M
That comparable adjusts to $3.52M; the $4.65M 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 (Humber Valley Village Junior Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $4.65M, 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
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
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 $894/sqft.
60 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Princess-Rosethorn, 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 $3,719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $19,847
- Property tax
- $1,902
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $21,749
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $102,700
- Toronto municipal land transfer tax
- $125,680
- Estimated closing costs
- $228,380
Plus your down payment of $929,800. 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
- $1,190,822
- Principal paid down
- $473,641
- Interest paid
- $717,181
- Balance remaining
- $3,245,559
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 RIGHT AT HOME REALTY. MLS®/PropTx.