2 The Keanegate Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13167508

$2,229,999
For Sale
Listed 119 days agoNo offer date stated
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5+1Bedrooms
7Bathrooms
2Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • 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...
  • 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.
  • Located steps to Glen Park, situated in a highly sought-after neighbourhood, close to transit, schools and shopping.

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
5+1 (6 total)
Bathrooms
7 (1 half)
Size
3000-3500 sq ft
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
119
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

Our TakeTeam Asgarian · Broker
Below what recent sales support
$2.43Mautomated estimate, from recent sales

Listed at $2,229,999, which is about 8% below what comparable homes suggest.

The usual discount does not apply here. Homes listed this far under their comparable sales often close at or above the ask, so no closing range is shown.

List price
$2.23MBelow recent closings$2.55MAbove recent closings

Total price vs nearby homes. Fair value about $2.43M, learned from recent GTA sales.

The market behind the math:

28sold nearby · 90 days
$1.34Mmedian sold price
97%of asking, on average
−7%prices vs a year ago
~35 dayshomes like this take to sell
119days on market so far
$9,300/moest. rent · 6 leases
5.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.6 months of inventory: 6 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $686/sqft against an area asking average of $854/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 49 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.20M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can 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
Schools & getting aroundcatchment and transit

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.

Based on 49 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$3.02Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $2.43M, which is where my estimate comes from.

Per square foot, these ask about $931/sqft; this home lists at $686/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.23MThis home2.98M2.70M2.75M2.69M4.00MThis home vs active comparables

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.

Long Branch
$2.70M
Willowdale East
$2.23M
Wexford-Maryvale
$896K
Cliffcrest
$1.41M
Woburn
$853K

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
Also nearby: 12 more schools within 2.5 km
Wedgewood Junior School · Public elementary0.7 km · 79% at standard
West Glen Junior School · Public elementary0.8 km · 57% at standard
Our Lady of Peace Catholic School · Catholic elementary0.9 km · 71% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.0 km
Rosethorn Junior School · Public elementary1.3 km · 65% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary1.6 km · 83% at standard
Broadacres Junior Public School · Public elementary1.8 km · 55% at standard
St Elizabeth Catholic School · Catholic elementary1.9 km · 82% at standard
Islington Junior Middle School · Public elementary1.9 km · 66% at standard
Etobicoke Secondary Alternative School · Public secondary1.9 km
John G Althouse Middle School · Public elementary1.9 km · 88% at standard
Eatonville Junior School · Public elementary2.0 km · 75% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$10,164/mo
$417KIncome needed
5.3×Price ÷ income
$2,345Weekly cost
$84,450Land transfer tax, one-time (Ontario + Toronto)
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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,765per month

Mortgage amount $1,783,999 · 4.39% over 25 years

$446,000Down payment (20.0%)
$1,783,999Loan before insurance
$0CMHC premium
$10,617Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,765
Property tax
$852
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,617

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

6.39%Qualifying rate
$11,831/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

$1,145,546Total interest paid
$2,929,546Total of all payments
Principal $1,783,999 Interest $1,145,546
YearPrincipalInterestBalance
1$40,370$76,812$1,743,629
2$42,161$75,020$1,701,468
3$44,033$73,149$1,657,436
4$45,987$71,195$1,611,449
5$48,028$69,154$1,563,421
6$50,159$67,022$1,513,262
7$52,386$64,796$1,460,876
8$54,710$62,471$1,406,165
9$57,139$60,043$1,349,027
10$59,675$57,507$1,289,352
11$62,323$54,859$1,227,029
12$65,089$52,093$1,161,940
13$67,978$49,204$1,093,962
14$70,995$46,187$1,022,968
15$74,146$43,036$948,822
16$77,436$39,745$871,386
17$80,873$36,309$790,512
18$84,462$32,719$706,050
19$88,211$28,971$617,839
20$92,126$25,056$525,713
21$96,215$20,967$429,498
22$100,485$16,697$329,013
23$104,945$12,237$224,069
24$109,602$7,580$114,467
25$114,467$2,715$0

At the end of your 5-year term

Total paid over the term
$585,909
Principal paid down
$220,578
Interest paid
$365,331
Balance remaining
$1,563,421

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
From 6 whole-home leases in Islington-City Centre West$9,300/mo
$111,600Gross annual rent
3.9%Cap rate after taxes and upkeep
$7,940 to $10,044Typical rent range
~20 daysTo find a tenant, on average

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

Talk about the numbers

The last 6 whole-home leases in Islington-City Centre West signed at a median of $9,363 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,300. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.0%
Gross yield
− Property tax $10,225− Insurance $1,400− Vacancy & upkeep $12,276Net operating income $87,699

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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