1592 Islington Avenue, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13537086
About this home
Rarely offered and exceptionally spacious, this move-in ready bungalow offers over 3,300 sqft of total living space in the highly sought-after Princess Anne Manor community. Perfect for those looking to downsize without compromising on space, this thoughtfully designed home combines comfortable main floor living with incredible room for entertaining and hosting family and guests. Set on an impressive 79 foot frontage, the home welcomes you with a circular driveway and detached 2 car garage with views from the front of St. George's Golf Course. Inside, the main level features a warm and inviting living room with fireplace, a formal dining room, and a beautifully renovated kitchen complete with a centre island and walk-out. 3 generous bedrooms are located on the main floor with 5pc family bath. Plus a spacious primary retreat, with 2pc ensuite. The expansive lower level is an entertainer's dream, featuring a massive family room with a wet bar and walk-up to the backyard. 2 additional bedrooms, a 4-piece bathroom with jacuzzi tub, and a large laundry room create the ideal space for extended family, overnight guests, teenagers, or a nanny suite. Abundant storage throughout adds to the home's exceptional functionality. Enjoy relaxing or entertaining outdoors in the spacious backyard with patio and lots of room for potential garden suite! Ideally located just minutes from St. George's Golf & Country Club, Thorncrest Village shops, top-rated schools, Pearson Airport, and major highways, this is a rare opportunity to own one of Princess Anne Manor's coveted large bungalows.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13537086
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 80 × 140 ft
- Cross streets
- The Kingsway / Islington
- Parking
- 2 garage · 14 parking (attached)
- Driveway
- Circular Drive
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,466 / 2026
- Days on market
- 9
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
hardwood floor · formal rm · overlooks backyard
hardwood floor · closet · window
pot lights · w/o to yard · wet bar
4 pc ensuite · b/i closet · above grade window
Crown Moulding
hardwood floor · overlooks backyard · walk-in closet(s)
hardwood floor · closet · window
hardwood floor · fireplace · pot lights
centre island · walk-out · eat-in kitchen
Listed at $1,998,000, this home is about 27% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Princess-Rosethorn, so I widened the search to the surrounding area.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.73M, 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 $1.70M
- Adjusts to $1.70M
That comparable adjusts to $1.70M; the $1.57M estimate above is the median of all 9 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.
On schools, this address is zoned for John G Althouse Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Islington Ave at The Kingsway North Side is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.57M, median of 9 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Lifestyle
- 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 10% above the area average of $1,034/sqft.
8 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.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Islington Ave at The Kingsway North Side, about 72 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 $1,598,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,530
- Property tax
- $622
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,152
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,435
- Toronto municipal land transfer tax
- $36,435
- Estimated closing costs
- $72,870
Plus your down payment of $399,600. 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
- $511,779
- Principal paid down
- $203,557
- Interest paid
- $308,223
- Balance remaining
- $1,394,843
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.