8 Nora Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13513548
About this home
Architectural Showpiece for Sale in Etobicoke Move-In Ready Luxury View the award-winning backyard: executiveagency.ca/8NoraRoad. A rare opportunity to own an extraordinary custom home on a quiet, tree-lined street in the heart of Etobicoke. Offering approx.4,600 sq. ft. of impeccably designed living space, this contemporary masterpiece is defined by timeless elegance, high-end craftsmanship, and thoughtful details throughout. The main level features a sun-drenched open-concept layout with oversized picture windows, a chefs kitchen with premium appliances and a large island, formal dining, a striking natural stone gas fireplace, powder room, main floor den, and a welcoming foyer designed for elevated living and effortless entertaining. Upstairs, a skylit hallway leads to a serene primary suite with a walk-in closet, spa like ensuite with heated floors, and a private balcony overlooking the backyard. Each additional bedroom offers its own ensuite bath and walk-in closet, with one also enjoying private balcony access. Upper-level laundry and linen storage add everyday ease. The finished lower level is a true extension of the home, with heated floors throughout, a spacious family/recreation area, an additional bedroom and full bath ideal for guests or a nanny suite plus a second laundry room. Outside, enjoy a professionally landscaped backyard oasis with a salt water pool, cabana, dining zone, and multiple lounge areas perfect for summer entertaining. Located steps to Islington Village, Kipling Station, top-rated schools, and only minutes to downtown and Pearson Airport. A statement home that delivers on luxury, lifestyle, and location. Book your private showing today.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13513548
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 42 × 150 ft
- Cross streets
- Burnhamthorpe / Kipling
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $11,981 / 2025
- Days on market
- 15
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
large window · walk-in closet(s) · 3 pc ensuite
b/i appliances · b/i vanity · b/i closet
fireplace · b/i bookcase · combined w/kitchen
balcony · double closet · 4 pc ensuite
b/i appliances · centre island · w/o to porch
floating stairs · hardwood floor · combined w/living
hardwood floor · b/i bookcase
hardwood floor · double closet · 4 pc ensuite
hardwood floor · large window · south view
Enclosed
balcony · walk-in closet(s) · 5 pc ensuite
window · hardwood floor
b/i appliances · b/i vanity · b/i closet
Listing history
- May 27, 2026Listed$22,500
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $2,795,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.35M, 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 $3.30M
- Bedrooms +$30K
- Adjusts to $3.33M
That comparable adjusts to $3.33M; the $3.01M estimate above is the median of all 6 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 very walkable address with everyday errands close by. Kipling Ave at Mattice Rd is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.01M, median of 6 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.
- Heated floors: comfort and a premium-finish signal.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 20% below the area average of $819/sqft.
14 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & 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.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Kipling Ave at Mattice Rd, about 178 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $2,236,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,932
- Property tax
- $998
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,931
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,350
- Toronto municipal land transfer tax
- $56,350
- Estimated closing costs
- $112,700
Plus your down payment of $559,000. 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
- $715,928
- Principal paid down
- $284,755
- Interest paid
- $431,172
- Balance remaining
- $1,951,245
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 FOREST HILL REAL ESTATE INC.. MLS®/PropTx.