1114 Kipling Avenue, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13238376
About this home
Perched On An Extraordinary 91' x 192 ft Lot, This Timeless Stone Residence Offers A Rare Combination Of Space, Privacy, Character, and Future Potential. Lovingly Maintained and Thoughtfully Expanded in 2005, This Quietly Elegant Home Blends Original Charm With Modern Functionality, Offering 3+1 Bedrooms, Multiple Living and Entertaining Spaces and Exceptional Flexibility for Growing or Multi-Generational Families. Meticulous Landscaping, Award-Winning Gardens, And Remarkable Privacy Create A Setting Rarely Found In The City. Invest Well. It's Time.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13238376
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 3000-3500
- Lot
- 90 × 192 ft
- Cross streets
- Kipling/Burnhamthorpe
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Asphalt Shingle, Shingles
- Sewer
- Sewer
- Property tax
- $7,443 / 2025
- Days on market
- 48
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
hardwood floor · pot lights · above grade window
hardwood floor · vaulted ceiling(s) · double closet
Broadloom
hardwood floor · centre island · w/o to yard
hardwood floor · fireplace · w/o to deck
hardwood floor · fireplace · hardwood floor
fireplace · above grade window
hardwood floor · vaulted ceiling(s) · large closet
hardwood floor · 2 way fireplace · w/o to yard
Hardwood Floor
walk-in closet(s) · 3 pc ensuite · w/o to balcony
hardwood floor · 2 way fireplace · hardwood floor
Listed at $2,500,000, 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.
In Islington-City Centre West lately, sellers have been getting about 100% of asking and homes sell in about 19 days.
Based on 35 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 35 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.73M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, sold for $2.66M
- Bedrooms −$60K
- Adjusts to $2.60M
That comparable adjusts to $2.60M; the $2.71M estimate above is the median of all 35 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $2.71M, median of 35 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $794/sqft.
47 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $2,000,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,673
- Property tax
- $620
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,293
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,975
- Toronto municipal land transfer tax
- $48,975
- Estimated closing costs
- $97,950
Plus your down payment of $500,000. 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
- $640,365
- Principal paid down
- $254,700
- Interest paid
- $385,664
- Balance remaining
- $1,745,300
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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.