11 Tremont Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13196040

$2,264,900
For Sale
Listed 116 days agoNo offer date statedSitting longer than typical
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4Bedrooms
3Bathrooms
1Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • When you walk in, the first thing that you will say to yourself is "Now this feels like home".
  • The exterior showcases stunning Wiarton stone accents throughout the driveway, flower beds, and entryway, all built on a solid 4-foot concrete base for lasting beauty...
  • Just two minutes from Highway 427, with quick access to Highway 401, the Gardiner Expressway, and the QEW, getting anywhere in the city is a breeze.
  • With soaring 9-foot ceilings and a rough-in for a four-piece bathroom, the possibilities are endless.

When you walk in, the first thing that you will say to yourself is "Now this feels like home". Where warmth, comfort, and pride of ownership shine in every detail. Nestled on a picturesque, tree-lined street, this beautiful two-story residence offers the perfect blend of charm, function, and opportunity. Inside, a bright and inviting atmosphere welcomes you to imagine your personal touch. The thoughtfully designed kitchen and family room create a seamless space for entertaining, where laughter and conversation flow effortlessly. Whether hosting friends for dinner or enjoying cozy evenings with loved ones, this home was made for connection. Step outside to your private retreat - the backyard boasts a spacious flagstone patio, ideal for summer barbecues or quiet mornings with coffee in hand. The exterior showcases stunning Wiarton stone accents throughout the driveway, flower beds, and entryway, all built on a solid 4-foot concrete base for lasting beauty and strength. You'll love the unbeatable convenience of this location. Just two minutes from Highway 427, with quick access to Highway 401, the Gardiner Expressway, and the QEW, getting anywhere in the city is a breeze. Need to travel or shop? Pearson Airport and Sherway Gardens are only five minutes away, putting everything you need from flights to fashion right at your fingertips. The basement is a fresh start, waiting for your creative touch. With soaring 9-foot ceilings and a rough-in for a four-piece bathroom, the possibilities are endless. Whether you envision a stylish recreation room, a cozy home theatre, or an entertainer's haven with a wet bar (roughed-in) and lounge area, this open and unspoiled space is ready to be transformed into your dream lower level. Families will love the convenience of nearby parks and top-ranked public and separate schools. This home isn't just a place to live - it's a place to belong. A rare find on a truly magical street, ready for the next chapter of memories to begin.

Key facts

Property type
Detached, 2-Storey
MLS®
W13196040
Bedrooms
4
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
Lot
44 × 143 ft
Cross streets
Bloor & Shaver
Parking
1 garage · 6 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,634 / 2025
Days on market
116
Listing brokerage
RE/MAX WEST REALTY INC.
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.77Mautomated estimate, from recent sales

Listed at $2,264,900. Recent sales of homes like it put this one around $1.77M, so the ask is about 28% above what similar homes have sold for.

If it sells at this ask, expect about $2.22M, typically $2.12M to $2.26M: that is where homes here have closed against their asks in the last 90 days (28 closings).

The ask and what recent sales support disagree. When they differ this much, the asking price has been the closer guide about 87% of the time. Recent GTA homes first listed this far above their automated estimate sold at about 95% of the original ask, in a median 36 days, 26% of them after a price reduction (750 sales).

Longer on the market than typical. 116 days on the market against about 36 for homes like it here, and asking 28% above where comparable closings put it.

List price
$1.66MBelow recent closings$2.26MAbove recent closings

Total price vs nearby homes. Fair value about $1.77M, 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
116days on market so far
$7,108/moest. rent · 8 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 9 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 $824/sqft against an area asking average of $786/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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.78M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($824/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 60 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
$2.08Mavg asking

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

Per square foot, these ask about $761/sqft; this home lists at $824/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.26MThis home2.20M2.00M2.19M1.77M2.25MThis 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.

Stonegate-Queensway
$1.30M
Long Branch
$2.70M
Downsview-Roding-CFB
$1.05M
St. Andrew-Windfields
$3.19M
Willowdale East
$2.47M

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 · 0.3 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Etobicoke Secondary Alternative School · Public secondary0.4 km
Wedgewood Junior School · Public elementary1.0 km · 79% at standard
Eatonville Junior School · Public elementary1.2 km · 75% at standard
Our Lady of Peace Catholic School · Catholic elementary1.4 km · 71% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.5 km
Bloordale Middle School · Public elementary1.6 km · 69% at standard
West Glen Junior School · Public elementary1.7 km · 57% at standard
St Clement Catholic School · Catholic elementary1.9 km · 85% at standard
Broadacres Junior Public School · Public elementary2.0 km · 55% at standard
Millwood Junior School · Public elementary2.1 km · 65% at standard
Islington Junior Middle School · Public elementary2.2 km · 66% at standard
Silverthorn Collegiate Institute · Public secondary2.3 km · 68% at standard

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

Affordability & Mortgage

Affordability
$10,323/mo
$418KIncome needed
5.4×Price ÷ income
$2,382Weekly cost
$86,195Land 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.

93%mortgage
Mortgage $10,323Property tax $720Total carry $11,042

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)
$9,918per month

Mortgage amount $1,811,920 · 4.39% over 25 years

$452,980Down payment (20.0%)
$1,811,920Loan before insurance
$0CMHC premium
$10,637Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,918
Property tax
$720
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,637

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

One-time closing costs

Ontario land transfer tax
$43,098
Toronto municipal land transfer tax
$43,098
Estimated closing costs
$86,195

Plus your down payment of $452,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$12,016/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

$1,163,475Total interest paid
$2,975,395Total of all payments
Principal $1,811,920 Interest $1,163,475
YearPrincipalInterestBalance
1$41,002$78,014$1,770,918
2$42,821$76,195$1,728,097
3$44,722$74,294$1,683,376
4$46,707$72,309$1,636,669
5$48,779$70,236$1,587,889
6$50,944$68,071$1,536,945
7$53,205$65,810$1,483,740
8$55,567$63,449$1,428,173
9$58,033$60,983$1,370,140
10$60,609$58,407$1,309,532
11$63,298$55,717$1,246,233
12$66,108$52,908$1,180,125
13$69,042$49,974$1,111,084
14$72,106$46,910$1,038,978
15$75,306$43,710$963,672
16$78,648$40,367$885,023
17$82,139$36,877$802,885
18$85,784$33,231$717,100
19$89,592$29,424$627,509
20$93,568$25,448$533,941
21$97,721$21,295$436,220
22$102,058$16,958$334,163
23$106,587$12,429$227,576
24$111,318$7,698$116,258
25$116,258$2,758$0

At the end of your 5-year term

Total paid over the term
$595,079
Principal paid down
$224,031
Interest paid
$371,048
Balance remaining
$1,587,889

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 8 whole-home leases in Islington-City Centre West$7,108/mo
$85,296Gross annual rent
2.9%Cap rate after taxes and upkeep
$6,540 to $7,677Typical 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 8 whole-home leases in Islington-City Centre West signed at a median of $7,200 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,108. 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.

3.8%
Gross yield
− Property tax $8,634− Insurance $1,400− Vacancy & upkeep $9,383Net operating income $65,879

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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