262 Martin Grove Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13220734
About this home
A beautifully crafted custom residence offering exceptional scale, comfort, and versatility in one of Etobicoke's most desirable locations. Set on an impressive 65 x 165 ft lot, this property boasts a deep, private backyard with endless potential for refined outdoor living, including the opportunity to add a pool. The main level showcases a thoughtfully designed layout with expansive principal rooms, ideal for both elegant entertaining and everyday living. The chef-inspired kitchen features a substantial centre island, abundant custom cabinetry, and flows seamlessly into the inviting family room, complete with a gas fireplace and bespoke built-in shelving. A dedicated built-in workspace provides a stylish work-from-home solution, while the mudroom with custom storage offers convenient access to the garage. Upstairs, four generously proportioned bedrooms provide exceptional flexibility for growing families, including the option for two luxurious primary suites. This level is complemented by multiple well-appointed bathrooms and the convenience of second-floor laundry. The fully finished lower level offers a separate entrance, full bathroom, and expansive open-concept space, presenting outstanding potential for extended family living or a future in-law or income suite. Refined finishes include hardwood flooring throughout most of the home, an EV-ready garage, and ample parking. The outdoor setting is designed as a private retreat, featuring a two-tiered deck, hot tub with new motor and jets, fire pit, enclosed vegetable garden, gas BBQ hookup, in-ground sprinkler system, ambient exterior lighting, and additional storage. Ideally situated close to top-rated schools, parks, shopping, and major highways, this home delivers the perfect blend of luxury, functionality, and location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13220734
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 64.75 × 165 ft
- Cross streets
- Martin Grove and Rathburn
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,859 / 2025
- Days on market
- 46
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
4 pc ensuite · walk-in closet(s) · hardwood floor
hardwood floor · walk-in closet(s) · 4 pc ensuite
hardwood floor · pot lights · double closet
fireplace · b/i bookcase · hardwood floor
hardwood floor · pot lights · crown moulding
access to garage · b/i shelves
b/i shelves · hardwood floor · pot lights
granite counters · w/o to sundeck · hardwood floor
Listed at $2,188,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.70M, 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 $2.48M
- Adjusts to $2.48M
That comparable adjusts to $2.48M; the $2.37M estimate above is the median of all 5 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. Rathburn Rd at Martin Grove Rd is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $2.37M, median of 5 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Weigh carefully
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 7% below the area average of $854/sqft.
45 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
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Rathburn Rd at Martin Grove Rd, about 65 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 $1,750,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,341
- Property tax
- $905
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,246
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,175
- Toronto municipal land transfer tax
- $41,175
- Estimated closing costs
- $82,350
Plus your down payment of $437,600. 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
- $560,447
- Principal paid down
- $222,914
- Interest paid
- $337,533
- Balance remaining
- $1,527,486
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.