2 The Keanegate Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13167508

$2,229,999
For Sale
Listed 59 days ago
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6Bedrooms
7Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Exceptional Renovated 5-bedroom, 7-bathroom residence Move-in Ready, situated in a highly sought-after Toronto location.5 generously sized bedrooms come with an ensuite bath, and French double doors. 3 of the bedrooms feature balconies, providing the perfect space to relax and enjoy the surroundings. Showcasing elegant hardwood floors, this house is enhanced by refined crown moulding, stylish pot lighting, a bright skylight, and 2 fireplaces. The main floor showcases a bright, open-concept stainless steel kitchen layout, featuring spacious living, dining, and family rooms anchored by a fireplace. Enjoy a fully fenced, professionally landscaped backyard designed for outdoor enjoyment and entertaining. This house offers exceptional storage throughout, featuring generous walk-in closets. Located steps to Glen Park, situated in a highly sought-after neighbourhood, close to transit, schools and shopping.

Key facts

Property type
Detached, 2-Storey
MLS®
W13167508
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3000-3500
Lot
70 × 100 ft
Cross streets
Burnhamthorpe Road & Martin Grove Road
Parking
2 garage · 8 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Shingle
Foundation
Block, Stone
Roof
Asphalt Shingle
Sewer
Other
Property tax
$10,225 / 2025
Days on market
59
Listing brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY

Rooms

Dining RoomMain7.19 × 4.57 m

hardwood floor · w/o to patio · combined w/living

Living RoomMain7.19 × 4.57 m

hardwood floor · fireplace · combined w/dining

Bedroom 2Main5.28 × 5.05 m

hardwood floor · his and hers closets · 3 pc ensuite

FoyerMain3.31 × 3.31 m

porcelain floor · double closet · 2 pc ensuite

KitchenMain5.28 × 3.89 m

hardwood floor · granite counters · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2.76Mest. value

Listed at $2,229,999, this home is about 19% below comparable homes, worth a close look. 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 60 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 60 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.29M, 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, sold for $1.93M
  • Bathrooms +$60K
  • Adjusts to $1.99M

That comparable adjusts to $1.99M; the $2.76M estimate above is the median of all 60 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.

The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2.23MGreat deal$3.16MOverpriced

Total price vs nearby homes. Fair value about $2.76M, median of 60 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$3.41Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

38 Mattice Road$2.85M201 Burnhamthorpe Road$2.98M124 Shaver Avenue$4.39M

The 3 closest active listings nearby.

See all comparable homes
2.23MThis home2.85M2.98M4.39MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2.98M
$686this home / sqft
5active listings nearby
59days on market
48sold nearby · 90 days
$1.77Mmedian sold price
100%of asking, on average

This home lists 28% below the area average of $947/sqft.

58 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Islington-City Centre West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Eringate-Centennial-West Deane
$1000K
Willowridge-Martingrove-Richview
$1.60M
Alderwood
$1.40M
Bedford Park-Nortown
$2.28M
Leaside
$1.73M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 1.5 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10,164/mo
$417KIncome needed
5.3×Price ÷ income
$2,345Weekly cost
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $10,164Property tax $852Total carry $11,016

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,520per month

Mortgage amount $1,783,999 · 4.14% over 25 years

$446,000Down payment (20.0%)
$1,783,999Loan before insurance
$0CMHC premium
$10,372Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,520
Property tax
$852
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,372

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$42,225
Toronto municipal land transfer tax
$42,225
Estimated closing costs
$84,450

Plus your down payment of $446,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,563/monthPayment at the qualifying rate

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

$1,072,025Total interest paid
$2,856,025Total of all payments
Principal $1,783,999 Interest $1,072,025
YearPrincipalInterestBalance
1$41,793$72,448$1,742,206
2$43,541$70,700$1,698,665
3$45,362$68,879$1,653,303
4$47,260$66,981$1,606,043
5$49,237$65,004$1,556,806
6$51,296$62,945$1,505,510
7$53,442$60,799$1,452,069
8$55,677$58,564$1,396,392
9$58,006$56,235$1,338,386
10$60,432$53,809$1,277,953
11$62,960$51,281$1,214,993
12$65,594$48,647$1,149,400
13$68,337$45,904$1,081,062
14$71,196$43,045$1,009,867
15$74,174$40,067$935,693
16$77,276$36,965$858,417
17$80,509$33,732$777,908
18$83,876$30,365$694,032
19$87,385$26,856$606,647
20$91,040$23,201$515,607
21$94,848$19,393$420,759
22$98,815$15,426$321,944
23$102,948$11,292$218,996
24$107,255$6,986$111,741
25$111,741$2,500$0

At the end of your 5-year term

Total paid over the term
$571,205
Principal paid down
$227,193
Interest paid
$344,012
Balance remaining
$1,556,806

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.

Let's connect

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

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.4%
Gross yield
− Property tax $10,225− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,659

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE MEADOWTOWNE REALTY. MLS®/PropTx.

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