302 Burnhamthorpe Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13561114

$999,900
For Sale
Listed 3 days ago
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5Bedrooms
3Bathrooms
2Garage · 6 parking
1500-2000Sq Ft

About this home

Blooming on Burnhamthorpe! Set on an impressive 65 ft wide x 145 ft deep lot in a sought-after community, nearly 9,500 square feet, this detached Cape Cod style home offers a rare opportunity to own in one of Etobicoke's most desirable pockets. Owned by the same family for nearly 60 years, this property is ready for its next chapter - restore its timeless character or reimagine it entirely. Tucked behind mature trees and lush greenery, it offers a level of privacy that's hard to find in the city. This nearly 2,000 sq ft home features a double drive-thru garage, 5 bedrooms with closets, 3 bathrooms, spacious principal rooms, two wood-burning fireplaces (one with a gas insert), and a primary suite complete with its own ensuite bath and private deck overlooking the backyard. Central A/C and heating are already in place. Outside, mature trees frame the property and an in-ground pool hints at the backyard retreat this space could become. A premium interlocked stone driveway provides parking for 4 additional vehicles. Calling all renovators and builders! Surrounding streets already feature multi-million dollar custom builds, continuing to elevate the neighbourhood. This home is waiting for the right buyer to breathe new life into it and enjoy it for decades to come. Families will love being in the top-ranked Wedgewood, Bloorlea, and Etobicoke Collegiate school district. Commuters will appreciate the unbeatable location - just minutes to the Kipling subway and GO station, Islington Golf Club, The West Mall, Sherway Gardens, The Kingsway, Bloor West Village, IKEA, and quick access to downtown Toronto and Pearson Airport. Lot like this. Location like this. Schools like this. They just don't come around often. Bring your vision - this one will be scooped up quickly!

Key facts

Property type
Detached, 2-Storey
MLS®
W13561114
Bedrooms
5
Bathrooms
3 (1 half)
Size
1500-2000
Lot
65.17 × 145 ft
Cross streets
Burnhamthorpe Road & Kipling Ave
Parking
2 garage · 6 parking (attached)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Outdoor
Property tax
$6,161 / 2025
Days on market
3
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Living RoomMain6.21 × 3.91 m

gas fireplace · hardwood floor

KitchenMain4.48 × 3.17 m

bay window · overlooks backyard

BedroomSecond3.35 × 3.15 m

Closet

Bedroom 2Second2.52 × 3.15 m

Closet

Dining RoomMain4.00 × 4.17 m

hardwood floor · w/o to yard

Bedroom 5Second4.00 × 4.22 m

Closet

RecreationBasement6.06 × 6.10 m

w/w fireplace · above grade window

LaundryBasement2.54 × 4.86 m

Laundry Sink

Primary BedroomSecond6.24 × 5.23 m

w/o to deck · backsplash · ensuite bath

Bedroom 4Second5.13 × 2.86 m

Closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.43Mest. value

Listed at $999,900, this home is about 30% below comparable homes, worth a close look. 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 $1.62M, 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 $1.65M
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $1.69M

That comparable adjusts to $1.69M; the $1.43M 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Burnhamthorpe Rd At Appleby Rd is about a 1-minute walk away.

List price
$1000KGreat deal$1.69MOverpriced

Total price vs nearby homes. Fair value about $1.43M, 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.05Mavg asking

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

103 Ambercroft Boulevard$1000k161 Church Street$1.24M133 Park Street$1.25M554 Mclevin Avenue$798k39 Madron Crescent$965k

The 5 closest of 6 active listings nearby.

See all comparable homes
1000kThis home1000k1.24M1.25M798k965kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $1.80M
$571this home / sqft
7active listings nearby
3days on market

This home lists 34% below the area average of $867/sqft.

2 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

65/ 100

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: Burnhamthorpe Rd At Appleby Rd, about 39 m away

20+ transit stops3 grocery20+ dining16 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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 1.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$4,557/mo
$194KIncome needed
5.2×Price ÷ income
$1,052Weekly 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.

90%mortgage
Mortgage $4,557Property tax $513Total carry $5,071

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)
$4,269per month

Mortgage amount $799,920 · 4.14% over 25 years

$199,980Down payment (20.0%)
$799,920Loan before insurance
$0CMHC premium
$4,782Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,269
Property tax
$513
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,782

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

One-time closing costs

Ontario land transfer tax
$16,473
Toronto municipal land transfer tax
$16,473
Estimated closing costs
$32,946

Plus your down payment of $199,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,185/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

$480,681Total interest paid
$1,280,601Total of all payments
Principal $799,920 Interest $480,681
YearPrincipalInterestBalance
1$18,739$32,485$781,181
2$19,523$31,701$761,657
3$20,340$30,884$741,318
4$21,191$30,033$720,127
5$22,077$29,147$698,050
6$23,000$28,224$675,050
7$23,963$27,262$651,087
8$24,965$26,259$626,122
9$26,009$25,215$600,113
10$27,097$24,127$573,016
11$28,230$22,994$544,786
12$29,411$21,813$515,375
13$30,641$20,583$484,733
14$31,923$19,301$452,810
15$33,258$17,966$419,551
16$34,650$16,574$384,902
17$36,099$15,125$348,803
18$37,609$13,615$311,194
19$39,182$12,042$272,012
20$40,821$10,403$231,191
21$42,528$8,696$188,663
22$44,307$6,917$144,355
23$46,161$5,063$98,195
24$48,091$3,133$50,103
25$50,103$1,121$0

At the end of your 5-year term

Total paid over the term
$256,120
Principal paid down
$101,870
Interest paid
$154,250
Balance remaining
$698,050

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$3,150/mo
$37,800Gross annual rent
2.6%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.

3.8%
Gross yield
− Property tax $6,161− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,081

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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