19 Lorraine Gardens, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13414504

$4,090,000
For Sale
Listed 39 days ago
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6Bedrooms
6Bathrooms
3Garage · 11 parking
5,000Sq Ft

About this home

19 Lorraine Gardens is a rare estate offering the perfect blend of luxury, privacy, and resort-style living. Set on 1.676 acres, this 6-bedroom home is one of the largest remaining estate lots in all of Etobicoke. Backing onto protected green space with 60 feet of frontage on Mimico Creek, this property offers complete seclusion and an unmatched outdoor experience. The backyard is the true showpiece. A 42x22-foot heated salt water pool, outdoor kitchen, fire pit, sports court, in ground trampoline, shuffleboard, and multiple entertaining patios are surrounded by mature trees and manicured gardens. With no visible neighbours, deeded creek access, and extensive landscaping, it feels like a private resort in the city.Inside, the home offers 7,640 sq ft of beautifully designed living space plus 1,316 sq ft of internal storage. Vaulted ceilings, skylights, and oversized windows flood the main floor with natural light. The chef's kitchen with premium appliances and a large granite island flows into the great room with a two-sided fireplace and backyard views. A sun-filled four-season sunroom, formal living and dining rooms, home office, laundry room, and second kitchen add comfort and flexibility. A separate wing with two bedrooms and a full bath perfect for extended family or a teen retreat completes the main level. Upstairs, the primary suite features vaulted ceilings, a walk-in closet, a second adjacent walk-in, and a well-appointed ensuite. Two additional large bedrooms offer bright, comfortable spaces with ample storage. The finished lower level includes a gym, a recreation room with walk-up to the backyard, and a private bedroom suite ideal for guests or live-in support. Located minutes from Sherway Gardens, Pearson Airport, and top-rated schools, this home offers a one-of-a-kind lifestyle.

Key facts

Property type
Detached, 2-Storey
MLS®
W13414504
Bedrooms
6 (5 + 1)
Bathrooms
6 (2 half)
Size
5,000 sq ft
Lot
72.33 × 313 ft
Cross streets
Martin Grove Rd & Burhamthorpe Rd
Parking
3 garage · 11 parking (detached)
Driveway
Private
Basement
Full, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$14,388 / 2025
Days on market
39
Listing brokerage
Royal LePage Real Estate Associates, Bradica Group
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.21Mest. value

Listed at $4,090,000, this home is about 27% above what comparable homes suggest. 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 $3.59M, 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 $4.44M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $4.46M

That comparable adjusts to $4.46M; the $3.21M 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. Burnhamthorpe Rd At Ashbourne Dr is about a 4-minute walk away.

List price
$3.18MGreat deal$4.09MOverpriced

Total price vs nearby homes. Fair value about $3.21M, 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • 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.
  • Primary suite: a key comfort and resale feature.
  • Value driver
  • Weigh carefully
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$2.94Mavg asking

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

25 Cronin Drive$2.69M71 Stock Avenue$2.09M122 Ashbourne Drive$4.44M8 Nora Road$2.79M38 Wilmar Road$2.69M

The 5 closest active listings nearby.

See all comparable homes
4.09MThis home2.69M2.09M4.44M2.79M2.69MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2.69M
$818this home / sqft
5active listings nearby
39days on market

This home lists 24% above the area average of $661/sqft.

38 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

60/ 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 Ashbourne Dr, about 318 m away

20+ transit stops2 grocery20+ dining19 parks7 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 · 1.8 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$18,641/mo
$748KIncome needed
5.5×Price ÷ income
$4,302Weekly 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.

94%mortgage
Mortgage $18,641Property tax $1,199Total carry $19,840

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)
$17,461per month

Mortgage amount $3,272,000 · 4.14% over 25 years

$818,000Down payment (20.0%)
$3,272,000Loan before insurance
$0CMHC premium
$18,660Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,461
Property tax
$1,199
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,660

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

One-time closing costs

Ontario land transfer tax
$88,725
Toronto municipal land transfer tax
$100,525
Estimated closing costs
$189,250

Plus your down payment of $818,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21,208/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

$1,966,182Total interest paid
$5,238,182Total of all payments
Principal $3,272,000 Interest $1,966,182
YearPrincipalInterestBalance
1$76,652$132,876$3,195,348
2$79,858$129,669$3,115,490
3$83,198$126,329$3,032,292
4$86,678$122,849$2,945,614
5$90,304$119,223$2,855,310
6$94,081$115,446$2,761,229
7$98,016$111,511$2,663,212
8$102,116$107,411$2,561,096
9$106,388$103,140$2,454,708
10$110,838$98,690$2,343,871
11$115,474$94,053$2,228,397
12$120,304$89,223$2,108,093
13$125,336$84,191$1,982,757
14$130,579$78,949$1,852,178
15$136,041$73,487$1,716,137
16$141,731$67,796$1,574,406
17$147,659$61,868$1,426,747
18$153,836$55,691$1,272,911
19$160,271$49,257$1,112,640
20$166,974$42,553$945,666
21$173,959$35,569$771,707
22$181,235$28,292$590,472
23$188,816$20,711$401,656
24$196,714$12,813$204,942
25$204,942$4,585$0

At the end of your 5-year term

Total paid over the term
$1,047,636
Principal paid down
$416,690
Interest paid
$630,946
Balance remaining
$2,855,310

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$10,500/mo
$126,000Gross annual rent
2.4%Est. cap rate

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.

3.1%
Gross yield
− Property tax $14,388− Insurance $1,400− Vacancy & upkeep $13,860Net operating income $96,352

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates, Bradica Group. MLS®/PropTx.

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