65 Burnhamthorpe Crescent, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13431140
About this home
In short
- TENANT IS LEAVING ON AUGUST 31st.
- Incredible opportunity to live in this renovated Kingsway style tudor home as is or complete severance, your choice.
- Exceptional opportunity in the heart of prestigious central Etobicoke with an expansive 70 x 264 lot offering potential for builder or end-user.
- Beautifully maintained and extensively renovated residential home exudes character and charm featuring leaded glass windows, vaulted ceilings and detached oversized...
- Application for land division and site plan (on hold) is in the final stage of approval for 2 custom homes of 3, 350sf above grade by (see PDF for complete set of plans).
TENANT IS LEAVING ON AUGUST 31st. Incredible opportunity to live in this renovated Kingsway style tudor home as is or complete severance, your choice. Exceptional opportunity in the heart of prestigious central Etobicoke with an expansive 70 x 264 lot offering potential for builder or end-user. Walk to the Kingsway and Islington village shops, the Montgomery farmers market and great local schools. Beautifully maintained and extensively renovated residential home exudes character and charm featuring leaded glass windows, vaulted ceilings and detached oversized 2-car garage. Application for land division and site plan (on hold) is in the final stage of approval for 2 custom homes of 3, 350sf above grade by (see PDF for complete set of plans). Rare build-out on quiet tree lined street in one of Etobicoke's most desirable neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13431140
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 70.09 × 264.4 ft
- Cross streets
- Burnhamthorpe/Dundas
- Parking
- 2 garage · 12 parking (detached)
- Driveway
- Private
- Basement
- Finished with Walk-Out
- Heating
- Water
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,852 / 2025
- Days on market
- 102
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
laminate · walk-out · wood stove
hardwood floor · wainscoting · overlooks garden
ceramic floor · double closet
vaulted ceiling(s) · 5 pc ensuite · combined w/laundry
overlooks garden · combined w/kitchen · bay window
laminate · 4 pc bath · open concept
vaulted ceiling(s) · walk-in closet(s) · broadloom
walk-in closet(s) · broadloom · picture window
renovated · w/o to deck · pot lights
hardwood floor · gas fireplace · french doors
Listed at $2,075,000 with no offer date. Homes here have been closing close to ask, so my read is $2.03M, typically $1.95M to $2.07M. Comparable closings on their own put this home around $2.19M, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $2.03M, from 28 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 7 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $922/sqft against an area asking average of $772/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.96M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 28 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $750/sqft; this home lists at $922/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,660,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,086
- Property tax
- $821
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,907
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $38,350
- Toronto municipal land transfer tax
- $38,350
- Estimated closing costs
- $76,700
Plus your down payment of $415,000. 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
- $545,185
- Principal paid down
- $205,247
- Interest paid
- $339,938
- Balance remaining
- $1,454,753
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
The suite is real income here: basements rent in Islington-City Centre West (27 of 165 recent detached leases were basement units, around $2,100 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,100 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Islington-City Centre West signed at a median of $5,315 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,346. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.