317 Rathburn Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13234816
About this home
If space is at the top of your wish list, this is the one. Offering over 4,700 sq ft of finished living space on a rare 50 x 150 ft lot, this substantially updated family home provides room for everyone-inside and out.Bright, spacious principal rooms are ideal for everyday living and entertaining, while the eat-in kitchen walks out to a private backyard ready for summer barbecues, family gatherings, and outdoor enjoyment. Upstairs, you'll find four generously sized bedrooms, including a huge primary retreat with a 4-piece ensuite, walk-in closet, and bonus attic storage.The finished walk-out basement adds exceptional flexibility with a large recreation room, TV area, playroom, home office, wet bar, brand-new bathroom, and updated laundry room. Whether you're working from home, accommodating a growing family, or simply looking for more space, this home delivers.Set on an impressive 50 x 150 ft lot with a detached double garage featuring EV charging, this move-in-ready home is located in a family-friendly Etobicoke neighbourhood close to schools, parks, shopping, transit, and major highways.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13234816
- Bedrooms
- 5
- Bathrooms
- 4
- Size
- 3000-3500
- Lot
- 50 × 150 ft
- Cross streets
- Rathburn/Martin Grove
- Parking
- 2 garage · 7 parking (detached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Block, Concrete Block
- Roof
- Asphalt Shingle, Shingles
- Sewer
- Sewer
- Property tax
- $7,948 / 2025
- Days on market
- 44
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
hardwood floor · fireplace · double doors
hardwood floor · window · closet
b/i appliances · centre island · hardwood floor
hardwood floor · backsplash · california shutters
hardwood floor · large window · pot lights
Listed at $2,295,000, this home is about 17% below comparable homes, worth a close look. 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 $2.01M, 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
- Bathrooms −$15K
- Adjusts to $2.38M
That comparable adjusts to $2.38M; the $2.75M 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.
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 $2.75M, 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.
- Walk-out basement: natural light and strong in-law or income potential.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- 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% below the area average of $800/sqft.
43 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 109 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 $1,836,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,798
- Property tax
- $662
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,460
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,850
- Toronto municipal land transfer tax
- $43,850
- Estimated closing costs
- $87,700
Plus your down payment of $459,000. 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
- $587,855
- Principal paid down
- $233,815
- Interest paid
- $354,040
- Balance remaining
- $1,602,185
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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.