40 Carsbrooke Road, Toronto, ON

Etobicoke West Mall, Toronto · MLS® W13523716

$1,288,800
For Sale
Listed 13 days ago
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5Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Fantastic Bungalow, Beautifully Landscaped Lot, Reno'd Kitchen W/Granite Countertops & Stainless Steel Appliances, Reno'd Bathrooms, Hrdwd Floors T/O Main Level, Tumbled Marble Floors Kit, Spacious Rooms, Large Rec Room W/Tons Of Natural Light, Spacious Lower Level Bedroom/Office, $$$ Spent On Upgrades, Custom Window Coverings, Large Wrap Around Backyard W/Interlocking Patio, New Air Condition(2021) New Furance(2020), Steps To Ttc, Great Schools, & Parks.You'll also enjoy convenient access to Centennial Park, the Etobicoke Olympium, No Frills, transit, and major highways.

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13523716
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
51.48 × 110 ft
Cross streets
Renforth/Burnhamthorpe
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,578 / 2026
Days on market
13
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 4Lower7.31 × 3.94 m

laminate · pot lights · large window

Bedroom 3Main3.35 × 3.31 m

hardwood floor · double closet

Bedroom 2Main3.90 × 3.20 m

hardwood floor · double closet

Dining RoomMain3.10 × 3.02 m

hardwood floor · combined w/living · crown moulding

LaundryLower3.60 × 3.70 m

ceramic floor · b/i shelves

Primary BedroomMain3.90 × 3.25 m

hardwood floor · double closet

KitchenMain3.44 × 2.97 m

tumbled marble · renovated · granite counters

Living RoomMain4.52 × 4.18 m

hardwood floor · bay window · crown moulding

Bedroom 5Lower5.41 × 3.82 m

laminate · pot lights

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.19Mest. value

Listed at $1,288,800, this home is tracking about 8% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($991/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

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 $1.27M, 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 $969K
  • Bedrooms +$30K
  • Adjusts to $999K

That comparable adjusts to $999K; the $1.19M 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 Silverthorn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Rathburn Rd at Renforth Dr is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.12MGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $1.19M, 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Etobicoke West Mall · asking prices
$1.12Mavg asking

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

39 Sealcove Drive$1.16M9 Sealcove Drive$1.09M359 Renforth Drive$969k48 Wareside Road$1.25M

The 4 closest active listings nearby.

See all comparable homes
1.29MThis home1.16M1.09M969k1.25MThis home vs active comparables
Live market pulseActive comparables in Etobicoke West Mall · median list $1.25M
$991this home / sqft
6active listings nearby
13days on market

This home lists 3% above the area average of $963/sqft.

12 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

Etobicoke West Mall, 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

74/ 100

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: Rathburn Rd at Renforth Dr, about 417 m away

20+ transit stops2 grocery20+ dining20+ 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 Broadacres Junior School
55%
Broadacres Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 55% meet the provincial standard
Seneca SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,874/mo
$241KIncome needed
5.3×Price ÷ income
$1,356Weekly 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.

93%mortgage
Mortgage $5,874Property tax $465Total carry $6,339

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,502per month

Mortgage amount $1,031,040 · 4.14% over 25 years

$257,760Down payment (20.0%)
$1,031,040Loan before insurance
$0CMHC premium
$5,967Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,502
Property tax
$465
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,967

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

One-time closing costs

Ontario land transfer tax
$22,251
Toronto municipal land transfer tax
$22,251
Estimated closing costs
$44,502

Plus your down payment of $257,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,683/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

$619,564Total interest paid
$1,650,604Total of all payments
Principal $1,031,040 Interest $619,564
YearPrincipalInterestBalance
1$24,154$41,870$1,006,886
2$25,164$40,860$981,722
3$26,217$39,808$955,506
4$27,313$38,711$928,192
5$28,456$37,568$899,737
6$29,646$36,378$870,091
7$30,886$35,138$839,205
8$32,178$33,846$807,027
9$33,524$32,500$773,503
10$34,926$31,098$738,577
11$36,387$29,637$702,190
12$37,909$28,115$664,281
13$39,495$26,529$624,786
14$41,147$24,877$583,640
15$42,868$23,156$540,772
16$44,661$21,363$496,111
17$46,529$19,495$449,582
18$48,475$17,549$401,107
19$50,503$15,521$350,604
20$52,615$13,409$297,989
21$54,816$11,208$243,173
22$57,109$8,915$186,064
23$59,498$6,526$126,566
24$61,986$4,038$64,579
25$64,579$1,445$0

At the end of your 5-year term

Total paid over the term
$330,121
Principal paid down
$131,303
Interest paid
$198,818
Balance remaining
$899,737

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$2,300/mo
$27,600Gross annual rent
1.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.1%
Gross yield
− Property tax $5,578− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,586

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

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