51 Princeton Road, Toronto, ON

Kingsway South, Toronto · MLS® W13551854

$3,198,000
For Sale
Listed 7 days ago
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5Bedrooms
4Bathrooms
1Garage · 3 parking
2500-3000Sq Ft

About this home

Welcome to 51 Princeton Road, set on one of the most sought-after streets in The Kingsway! This stunning 4+1 bedroom, 4 bathroom residence delivers elegance from the moment you step inside, with custom-cut Thassos marble in the foyer, herringbone oak floors throughout, and designer lighting that carries an abundance of style from the front entryway to every corner of the home.The open-concept main floor is made for gathering, anchored by a show-stopping chef's kitchen with an oversized waterfall quartz island, premium built-in appliances, a 6-burner gas range, and an extra-large Sub-Zero refrigerator/freezer, plus a convenient walkout to the garage. A seamless walkout leads to your own backyard resort - a private, mature treed-canopy and landscaped yard featuring a sports court, 7-person Arctic Spa hot tub, and separate seating and dining areas with shed, built for year-round enjoyment. Upstairs, a dramatic upper foyer with vaulted ceiling and multiple skylights welcomes you to a light-filled second level. The primary retreat offers a true escape with a spacious walk-through closet, sitting area, and spa-inspired ensuite finished in Carrara marble, alongside 3 additional generously sized bedrooms, all with ample closet space. The finished lower level is a true extension of living space, with brand-new broadloom throughout, an oversized 5th bedroom, a full 4th bathroom, and an abundance of storage - ideal for extended family or an in-law suite. Just moments to Toronto's top west-end schools, the boutiques and restaurants of The Kingsway, the Humber River and trails, TTC transit, some of the city's best golf courses, and easy access to major highways, both airports, and the downtown financial district. A rare opportunity to put down roots in one of Toronto West's most sought-after, family-friendly communities.

Key facts

Property type
Detached, 2-Storey
MLS®
W13551854
Bedrooms
5 (4 + 1)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
39.08 × 120 ft
Cross streets
Royal York Rd/Kingsgrove Blvd
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$12,284 / 2025
Days on market
7
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Bedroom 3Upper3.62 × 3.65 m

double closet · hardwood floor

Family RoomMain5.10 × 4.34 m

hardwood floor · overlooks backyard · open concept

Bedroom 4Upper3.24 × 3.94 m

double closet · hardwood floor

Dining RoomMain5.19 × 3.63 m

open concept · hardwood floor · overlooks family

RecreationLower6.40 × 7.90 m

broadloom · 3 pc ensuite · window

Primary BedroomUpper3.60 × 4.88 m

hardwood floor · combined w/sitting · 4 pc ensuite

Bedroom 5Lower6.46 × 3.25 m

closet organizers · broadloom · window

Utility RoomLower2.41 × 2.42 m
Bedroom 2Upper3.01 × 4.94 m

hardwood floor · double closet · hardwood floor

SittingUpper2.91 × 4.90 m

centre island · his and hers closets · hardwood floor

Living RoomMain3.97 × 3.63 m

hardwood floor · overlooks dining · large window

RecreationLower7.49 × 4.88 m
KitchenMain4.65 × 5.61 m

quartz counter · centre island · access to garage

Moe’s TakeTeam Asgarian · Broker
In line
$3.12Mest. value

Listed at $3,198,000, this home is right in line with comparable homes. 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 $2.93M, 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 $2.83M
  • Bathrooms −$15K
  • Adjusts to $2.82M

That comparable adjusts to $2.82M; the $3.12M 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.

On schools, this address is zoned for Etobicoke Collegiate Institute, 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, 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
$2.82MGreat deal$3.46MOverpriced

Total price vs nearby homes. Fair value about $3.12M, 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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Kingsway South · asking prices
$3.55Mavg asking

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

3 Westrose Avenue$2.83M19 Bannon Avenue$3.50M4 Old Oak Road$4.00M175 The Kingsway$3.57M376 Prince Edward Drive$3.85M

The 5 closest of 6 active listings nearby.

See all comparable homes
3.20MThis home2.83M3.50M4.00M3.57M3.85MThis home vs active comparables
Live market pulseActive comparables in Kingsway South · median list $3.57M
$1,163this home / sqft
6active listings nearby
7days on market

This home lists 4% above the area average of $1,118/sqft.

6 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

Kingsway South, 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
$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 Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 0.7 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published

Affordability & Mortgage

Affordability
$14,575/mo
$589KIncome needed
5.4×Price ÷ income
$3,364Weekly 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 $14,575Property tax $1,024Total carry $15,599

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$13,653per month

Mortgage amount $2,558,400 · 4.14% over 25 years

$639,600Down payment (20.0%)
$2,558,400Loan before insurance
$0CMHC premium
$14,676Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,653
Property tax
$1,024
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,676

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

One-time closing costs

Ontario land transfer tax
$66,425
Toronto municipal land transfer tax
$68,405
Estimated closing costs
$134,830

Plus your down payment of $639,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$16,582/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

$1,537,372Total interest paid
$4,095,772Total of all payments
Principal $2,558,400 Interest $1,537,372
YearPrincipalInterestBalance
1$59,934$103,896$2,498,466
2$62,441$101,389$2,436,024
3$65,053$98,778$2,370,971
4$67,774$96,056$2,303,196
5$70,609$93,222$2,232,587
6$73,563$90,268$2,159,024
7$76,640$87,191$2,082,385
8$79,845$83,985$2,002,539
9$83,185$80,646$1,919,354
10$86,665$77,166$1,832,689
11$90,290$73,541$1,742,399
12$94,067$69,764$1,648,333
13$98,001$65,830$1,550,331
14$102,100$61,730$1,448,231
15$106,371$57,460$1,341,860
16$110,821$53,010$1,231,039
17$115,456$48,375$1,115,583
18$120,285$43,546$995,298
19$125,317$38,514$869,981
20$130,558$33,272$739,423
21$136,020$27,811$603,403
22$141,709$22,122$461,694
23$147,637$16,194$314,058
24$153,812$10,019$160,246
25$160,246$3,585$0

At the end of your 5-year term

Total paid over the term
$819,154
Principal paid down
$325,813
Interest paid
$493,341
Balance remaining
$2,232,587

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$5,250/mo
$63,000Gross annual rent
1.3%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.

2.0%
Gross yield
− Property tax $12,284− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $42,386

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

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