1160 Islington Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13492104

$1,499,000
For Sale
Listed 22 days ago
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3Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq Ft

About this home

Custom Detached Family Home. Very spacious & bright west-facing yard. Large open concept Living & Dining Rooms. A main floor powder room & features 9ft ceilings. The family-sized kitchen features an oversized eat-in granite island & walks out to an oversized deck overlooking the maintenance-free interlock backyard with a six-seater hot tub, an entertainer's dream. The Primary bedroom has a coffered ceiling, a walk-in closet & 5 pc. ensuite with a soaker tub. All bedrooms are spacious with great closet space. The Lower level is above-grade, currently used as a workout room, but a wonderful family room with 2 pc. bathroom. The family room also walks out to a covered /waterproof terrace. Enjoy direct access to a double-car garage and ample storage on this lower level. Double private driveway & garage to park 4 cars comfortably. Steps to TTC and walking distance to Islington Subway. Excellent schools nearby.

Key facts

Property type
Detached, 2-Storey
MLS®
W13492104
Bedrooms
3
Bathrooms
4 (2 half)
Size
2000-2500
Lot
33.01 × 89 ft
Cross streets
Islington & Bloor St.
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,156 / 2026
Days on market
22
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

Primary BedroomSecond5.70 × 3.69 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Living RoomMain5.22 × 4.27 m

hardwood floor · open concept · 2 pc bath

Bedroom 2Second308.00 × 3.66 m

hardwood floor · double closet · picture window

Bedroom 3Second4.24 × 3.66 m

hardwood floor · double closet · picture window

LaundryLower2.18 × 2.46 m

tile floor · separate room · laundry sink

Dining RoomMain7.63 × 4.00 m

hardwood floor · overlooks living · formal rm

Family RoomLower6.77 × 2.71 m

laminate · w/o to terrace · 2 pc bath

KitchenMain7.63 × 3.57 m

family size kitchen · stainless steel appl · w/o to deck

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.83Mest. value

Listed at $1,499,000, this home is about 18% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.78M, a close match.

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 $2.30M
  • Bedrooms −$30K
  • Adjusts to $2.27M

That comparable adjusts to $2.27M; the $1.83M estimate above is the median of all 10 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.

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

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$1.50MGreat deal$2.08MOverpriced

Total price vs nearby homes. Fair value about $1.83M, median of 10 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.

  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$1.90Mavg asking

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

65 Burnhamthorpe Crescent$2.08M50 Northampton Drive$1.80M7 Rollins Place$1.50M10 Wingrove Hill$2.30M4009 Bloor Street$1.83M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.50MThis home2.08M1.80M1.50M2.30M1.83MThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $2.19M
$666this home / sqft
10active listings nearby
22days on market

This home lists 23% below the area average of $861/sqft.

21 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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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
$2.30M
Lawrence Park South
$2.13M
Bedford Park-Nortown
$2.90M

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 2.1 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$6,832/mo
$282KIncome needed
5.3×Price ÷ income
$1,577Weekly 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.

92%mortgage
Mortgage $6,832Property tax $596Total carry $7,428

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$6,996Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$596
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,996

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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$4,200/mo
$50,400Gross 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.

3.4%
Gross yield
− Property tax $7,156− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,300

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.

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