124 Shaver Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13245802

$4,388,000
For Sale
Listed 43 days ago
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6Bedrooms
6Bathrooms
1Garage · 4 parking
3000-3500Sq Ft

About this home

Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot. Offering Over 4,500 Sq. Ft. (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and Uncompromising Attention to Detail. Featuring Grand Principal Rooms, a Formal Dining Room, a Main Floor Executive Office, an Elegant Family Room With a Fireplace, And A Light-Filled Chef's Kitchen Complete With Pantry and Walk-Out To A Spacious Patio and Private Oversized Backyard. Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious High-End Finishes Throughout. The Upper Level Features Four Generously Sized Bedrooms, Each With Its Own Private Ensuite And Heated Floors. The Spacious Primary Retreat Offers A Cozy Fireplace, A Fully Customized Walk-In Closet With Premium Built-In Organizers, And a Spa-Inspired Ensuite Designed For Ultimate Comfort and Relaxation. Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional Rooms, and a 4pc Bathroom. Heated Floors in the Basement. Located Within Top-Rated School Districts and Just Steps To Public Transit, Parks, Shopping, and Major Amenities, This Extraordinary Home Seamlessly Combines Luxury, Comfort, And Convenience In One Of Etobicoke's Most Desirable Neighbourhoods. This Home May be Purchased Furnished with an Exceptional Collection of High-end Italian Furniture Throughout, Offering a Truly Turnkey Luxury Living. Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.

Key facts

Property type
Detached, 2-Storey
MLS®
W13245802
Bedrooms
6 (4 + 2)
Bathrooms
6 (1 half)
Size
3000-3500
Lot
40 × 202.66 ft
Cross streets
Kipling Ave & Bloor St West
Parking
1 garage · 4 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,902 / 2025
Days on market
43
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Dining RoomMain4.45 × 3.50 m
OfficeMain3.41 × 2.89 m
Primary BedroomSecond5.18 × 5.00 m

walk-in closet(s) · 5 pc ensuite

RecreationBasement9.14 × 4.87 m

built-in speakers · walk-up

Bedroom 3Second3.75 × 3.53 m

walk-in closet(s) · 4 pc ensuite

Bedroom 4Second3.65 × 3.29 m

walk-in closet(s) · 4 pc ensuite

Bedroom 2Second3.75 × 3.65 m

walk-in closet(s) · 4 pc ensuite

KitchenMain5.18 × 4.93 m

combined w/family · centre island · walk-out

Family RoomMain5.18 × 4.93 m

combined w/kitchen · hardwood floor · walk-out

Listing history

  1. Jul 2, 2026Listed$23,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Burnhamthorpe Rd At Shaver Ave is about a 6-minute walk away.

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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Income potential
  • Value driver
  • Lifestyle
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$2.64Mavg asking

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

201 Burnhamthorpe Road$2.98M38 Mattice Road$2.85M17 Agar Crescent$2.50M2 The Keanegate Street$2.23M

The 4 closest active listings nearby.

See all comparable homes
4.39MThis home2.98M2.85M2.50M2.23MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2.79M
$1,350this home / sqft
14active listings nearby
43days on market

42 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

66/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Burnhamthorpe Rd At Shaver Ave, about 452 m away

20+ transit stops3 grocery20+ dining15 parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
Downsview-Roding-CFB
$1.06M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M

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 · 0.8 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$19,999/mo
$794KIncome needed
5.5×Price ÷ income
$4,615Weekly cost
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.

95%mortgage
Mortgage $19,999Property tax $1,075Total carry $21,074

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18,733per month

Mortgage amount $3,510,400 · 4.14% over 25 years

$877,600Down payment (20.0%)
$3,510,400Loan before insurance
$0CMHC premium
$19,808Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,733
Property tax
$1,075
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,808

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

One-time closing costs

Ontario land transfer tax
$96,175
Toronto municipal land transfer tax
$113,935
Estimated closing costs
$210,110

Plus your down payment of $877,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22,753/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

$2,109,439Total interest paid
$5,619,839Total of all payments
Principal $3,510,400 Interest $2,109,439
YearPrincipalInterestBalance
1$82,237$142,557$3,428,163
2$85,676$139,117$3,342,487
3$89,260$135,533$3,253,227
4$92,994$131,800$3,160,233
5$96,884$127,910$3,063,350
6$100,936$123,858$2,962,414
7$105,158$119,636$2,857,256
8$109,557$115,237$2,747,699
9$114,139$110,654$2,633,560
10$118,913$105,880$2,514,647
11$123,887$100,906$2,390,759
12$129,069$95,724$2,261,690
13$134,468$90,325$2,127,221
14$140,093$84,701$1,987,129
15$145,953$78,841$1,841,176
16$152,058$72,736$1,689,118
17$158,418$66,376$1,530,700
18$165,044$59,749$1,365,656
19$171,948$52,846$1,193,708
20$179,140$45,653$1,014,568
21$186,633$38,160$827,934
22$194,440$30,354$633,494
23$202,573$22,220$430,921
24$211,047$13,747$219,874
25$219,874$4,919$0

At the end of your 5-year term

Total paid over the term
$1,123,968
Principal paid down
$447,050
Interest paid
$676,918
Balance remaining
$3,063,350

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
Estimate$6,300/mo
$75,600Gross annual rent
1.2%Est. cap rate

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 numbers

Estimates 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.

1.7%
Gross yield
− Property tax $12,902− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $52,982

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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