118 Warwood Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13173418

$3,395,000
For Sale
Listed 52 days ago
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4Bedrooms
5Bathrooms
15Garage · 75 parking
3000-3500Sq Ft

About this home

Welcome to 118 Warwood Road- a striking modern farmhouse situated on an estate size 73' x 155' lot in Etobicoke's exclusive Glen Park community. This custom rebuilt residence pairs timeless architectural design with exceptional craftsmanship and scale rarely found in the city. A wraparound front porch frames the home's impressive facade, and provides a welcoming space for conversation, relaxation, or simply appreciating the beauty of its surroundings. The interior showcases open, sunlit spaces with vaulted ceilings, a 10 foot quartz island, custom cabinetry, and a full walk-in pantry. Flooded with natural light from its large windows and dramatic sliding doors, the home offers a bright, airy ambiance year-round. Designed for entertaining and everyday luxury, the property includes a saltwater pool, new cabana, and meticulously landscaped grounds- all finished to the highest standards. Set in one of Etobicoke's most desirable neighbourhoods, Glen Park is a community defined by connection, convenience, and pride of ownership. The Glen Park Homeowners Association organizes seasonal events that foster a genuine sense of neighbourhood spirit. Families appreciate the areas top-rated schools, close-knit streets, and access to excellent amenities-from local shops and cafes to public libraries and recreational facilities. Nearby West Deane Park offers kilometres of scenic trails for walking and cycling. With Highway 427, Pearson Airport, and downtown Toronto, all within an easy reach, this location combines city accessibility with a rare sense of space and privacy. 118 Warwood Road delivers the best of Etobicoke living- a property that embodies quality, scale, and enduring style in a community where every detail contributes to an exceptional way of life. Few communities capture such a rare balance of connection, comfort, and sophistication-Glen Park stands as a place that truly enriches the lives of those who call it home.

Key facts

Property type
Detached, 2-Storey
MLS®
W13173418
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500
Lot
73 × 155 ft
Cross streets
Martin Grove/Rathburn/Burnhamthorpe
Parking
15 garage · 75 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Poured Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,561 / 2025
Days on market
52
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

KitchenMain5.05 × 4.47 m

centre island · b/i appliances · breakfast area

Bedroom 2Second3.57 × 3.47 m

3 pc ensuite · b/i closet · vaulted ceiling(s)

FoyerMain5.95 × 3.59 m

vaulted ceiling(s) · large closet · staircase

Dining RoomMain6.82 × 4.52 m

casement windows · combined w/kitchen · combined w/great rm

OtherSecond4.44 × 3.10 m

vaulted ceiling(s) · b/i closet · large window

Game RoomLower11.84 × 5.48 m

vinyl floor · led lighting · above grade window

PantryMain3.59 × 1.95 m

large window · b/i appliances · quartz counter

Great RoomMain5.67 × 4.21 m

floor/ceil fireplace · sliding doors · w/o to porch

OfficeMain3.38 × 2.62 m

coffered ceiling(s) · french doors · casement windows

OtherBasement2.39 × 2.00 m

led lighting · vinyl floor · enclosed

Mud RoomMain6.46 × 1.85 m

access to garage · large window · b/i closet

LaundrySecond2.93 × 2.72 m

custom backsplash · quartz counter · stainless steel sink

KitchenLower3.28 × 2.22 m

led lighting · quartz counter · b/i appliances

Primary BedroomSecond5.80 × 4.41 m

5 pc ensuite · vaulted ceiling(s) · w/o to terrace

Bedroom 3Second3.65 × 3.47 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

Utility RoomLower6.98 × 2.43 m

concrete floor · led lighting · enclosed

Bedroom 4Second3.83 × 3.33 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.68Mest. value

Listed at $3,395,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.66M, lower than the comparables and worth a second look.

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, listed at $2.40M
  • Bedrooms −$30K
  • Adjusts to $2.37M

That comparable adjusts to $2.37M; the $2.68M estimate above is the median of all 10 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 333 Rathburn Rd at Walkway to Alanmeade Cres is about a 3-minute walk away.

List price
$2.37MGreat deal$3.40MOverpriced

Total price vs nearby homes. Fair value about $2.68M, median of 10 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$2.42Mavg asking

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

24 Jopling Avenue$2.80M1114 Kipling Avenue$2.50M172 Burnhamthorpe Road$1.95M

The 3 closest active listings nearby.

See all comparable homes
3.40MThis home2.80M2.50M1.95MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2.69M
$1,045this home / sqft
15active listings nearby
52days on market

This home lists 36% above the area average of $767/sqft.

51 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.

Getting around

55/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 333 Rathburn Rd at Walkway to Alanmeade Cres, about 250 m away

20+ transit stops1 grocery19 dining16 parks5 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Alderwood
$998K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M

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 · 1.8 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$15,473/mo
$605KIncome needed
5.6×Price ÷ income
$3,571Weekly 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.

97%mortgage
Mortgage $15,473Property tax $547Total carry $16,020

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,494per month

Mortgage amount $2,716,000 · 4.14% over 25 years

$679,000Down payment (20.0%)
$2,716,000Loan before insurance
$0CMHC premium
$15,040Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,494
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,040

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

One-time closing costs

Ontario land transfer tax
$71,350
Toronto municipal land transfer tax
$75,300
Estimated closing costs
$146,650

Plus your down payment of $679,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$17,604/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

$1,632,075Total interest paid
$4,348,075Total of all payments
Principal $2,716,000 Interest $1,632,075
YearPrincipalInterestBalance
1$63,627$110,297$2,652,373
2$66,288$107,635$2,586,086
3$69,061$104,862$2,517,025
4$71,949$101,974$2,445,076
5$74,959$98,964$2,370,117
6$78,094$95,829$2,292,022
7$81,361$92,562$2,210,662
8$84,764$89,159$2,125,898
9$88,310$85,613$2,037,588
10$92,003$81,920$1,945,585
11$95,852$78,071$1,849,733
12$99,861$74,062$1,749,872
13$104,038$69,885$1,645,833
14$108,390$65,533$1,537,443
15$112,924$60,999$1,424,520
16$117,647$56,276$1,306,872
17$122,568$51,355$1,184,304
18$127,695$46,228$1,056,609
19$133,036$40,887$923,573
20$138,601$35,322$784,972
21$144,398$29,525$640,573
22$150,438$23,485$490,135
23$156,731$17,192$333,404
24$163,287$10,636$170,117
25$170,117$3,806$0

At the end of your 5-year term

Total paid over the term
$869,615
Principal paid down
$345,883
Interest paid
$523,732
Balance remaining
$2,370,117

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
1.7%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.

2.2%
Gross yield
− Property tax $6,561− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $59,323

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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