151 Shaver Avenue, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13177226
About this home
This spacious masterpiece on prestigious Shaver Ave N in Toronto's highly sought-after Islington-City Centre West neighbourhood is luxury, meticulously crafted by renowned PHD Design & thoughtfully built for grand entertaining & modern living. Boasting 5 generously sized bedrooms, 4 nestled on the 2nd floor & 1 in the fully finished lower level, this stunning residence offers both elegance & versatility for everyday living. The heart of the home is the main floor's open concept layout, featuring a custom Italian Muti Kitchen w/large island and dazzling high-end appliances, ideal for culinary enthusiasts who appreciate both function & form. The island leads you into the combined Dining & Family rooms, full of light and a welcoming. The Living Room is highlighted by an elegant electric fireplace, adding both warmth & sophistication. The spacious Primary Bedroom is a true retreat, complete w/a walk-in closet & a lavish 5-piece ensuite w/spa-like soaker tub & sleek His & Hers vanities. All other bedrooms are bright, airy, & beautifully finished w/large windows flooding natural light. The huge finished basement expands living space dramatically w/a stylish dry bar w/island, ample entertainment space, & dedicated room for billiards/table tennis, perfect for hosting or a comfortable night in. From the Kitchen/Family Room, w/o to a charming, low maintenance backyard designed for all-seasons, complete w/a BBQ area & flaming gas heater. This home is full of perks to delight every lifestyle. Located in a prime pocket of Etobicoke, enjoy close prox to excellent schools, golf courses, public transit, grocery stores, & easy access to Highways 427, 401, Gardiner, & 403. Explore nearby trails like Mimico Creek & unwind in local parks, or indulge in premium shopping minutes away at Sherway Gardens or Cloverdale Mall. This extraordinary residence combines luxury, convenience & comfort, ideal for those seeking style, substance & location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13177226
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 40 × 128 ft
- Cross streets
- E Of 427; S Of Burnhamthorpe
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Wood
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,703 / 2025
- Days on market
- 52
- Listing brokerage
- CRESCENT REAL ESTATE INC.
Rooms
hardwood floor · window
large window · hardwood floor · b/i closet
2 pc bath · tile floor · pocket doors
hardwood floor · centre island · b/i appliances
5 pc ensuite · soaking tub · separate shower
skylight · 4 pc bath · tile floor
large window · hardwood floor
hardwood floor · fireplace · large window
large window · hardwood floor
hardwood floor · large window · w/o to deck
3 pc bath · tile floor
walk-in closet(s) · 5 pc ensuite · large window
dry bar · hardwood floor · window
open concept · hardwood floor · large window
Listed at $2,890,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.04M, a bit higher.
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
- Bathrooms −$15K
- Adjusts to $2.38M
That comparable adjusts to $2.38M; the $2.67M estimate above is the median of all 16 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.
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Burnhamthorpe Rd At Shaver Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.67M, median of 16 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Value driver
- 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 12% above the area average of $791/sqft.
51 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.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Burnhamthorpe Rd At Shaver Ave, about 305 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $2,312,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,338
- Property tax
- $975
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,313
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $58,725
- Toronto municipal land transfer tax
- $58,725
- Estimated closing costs
- $117,450
Plus your down payment of $578,000. 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
- $740,261
- Principal paid down
- $294,434
- Interest paid
- $445,828
- Balance remaining
- $2,017,566
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 CRESCENT REAL ESTATE INC.. MLS®/PropTx.