1490 Islington Avenue, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13466752
About this home
Welcome to 1490 Islington Avenue, an exceptional custom family residence nestled in the heart of prestigious Princess-Rosethorn. This impressive home offers over 3,500 sq. ft. of luxurious above-grade living space designed to accommodate today's growing and multi generational families. Boasting 6 spacious bedrooms and 4 full bathrooms, this thoughtfully designed home offers an ideal layout rarely found in the area. The main floor features a highly desirable bedroom and full bathroom, perfect for guests, a nanny suite, or for an elderly person that doesn't want to climb stairs. Upstairs, you'll find five generously sized bedrooms, including a stunning primary retreat with vaulted ceilings, fireplace, 2 walk-in closet, and spa-inspired 6 pieces en-suite, along with two additional full bathrooms providing comfort and convenience for the entire family. Designed for both everyday living and entertaining, the main level showcases a grand formal living room, elegant dining room, spacious family room with fireplace, dedicated office, bright eat-in kitchen, and a large breakfast area overlooking the backyard. Every room is generously proportioned, creating a home that offers both sophistication and functionality. One of the property's most unique features is its expansive circular driveway and extended parking area, accommodating up to 10 vehicles. The circular design allows for effortless entry and exit, providing exceptional convenience for homeowners and guests alike while enhancing the home's impressive curb appeal. Located within one of Toronto's most sought-after neighbourhoods, residents enjoy access to top-rated schools, beautiful parks, golf courses, shopping, and easy access to downtown Toronto, major highways, and Airport. Tennis court dedicated for this postal code only. A rare opportunity to own a spacious and versatile family home in one of Toronto's most prestigious and established communities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13466752
- Bedrooms
- 6
- Bathrooms
- 4
- Size
- 3500-5000
- Lot
- 60 × 120 ft
- Cross streets
- Islington and Rathburn
- Parking
- 1 garage · 9 parking (attached)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,114 / 2025
- Days on market
- 33
- Listing brokerage
- REALTY ONE GROUP REVEAL
Rooms
hardwood floor · double closet · large window
6 pc ensuite · vaulted ceiling(s) · gas fireplace
hardwood floor · large closet · large window
hardwood floor · large closet · large window
combined w/family · w/o to yard · hardwood floor
large window · hardwood floor
vaulted ceiling(s) · hardwood floor · large closet
granite counters · stainless steel appl · w/o to deck
hardwood floor · large window
hardwood floor · closet · large window
gas fireplace · large window · hardwood floor
laundry sink · tile floor · window
Listed at $2,399,999, this home is about 26% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Princess-Rosethorn lately, sellers have been getting about 99% of asking and homes sell in about 25 days.
Based on 40 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 40 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.77M, 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, sold for $4.00M
- Bedrooms +$60K
- Adjusts to $4.06M
That comparable adjusts to $4.06M; the $3.23M estimate above is the median of all 40 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.
Its public catchment (Humber Valley Village Junior Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $3.23M, median of 40 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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 40% below the area average of $941/sqft.
32 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Princess-Rosethorn, 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 $1,919,999 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,246
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,922
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,475
- Toronto municipal land transfer tax
- $46,475
- Estimated closing costs
- $92,950
Plus your down payment of $480,000. 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
- $614,750
- Principal paid down
- $244,512
- Interest paid
- $370,237
- Balance remaining
- $1,675,487
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 REALTY ONE GROUP REVEAL. MLS®/PropTx.