88 Rabbit Lane, Toronto, ON
Eringate-Centennial-West Deane, Toronto · MLS® W13570138
About this home
In short
- Perfectly optimized for multi-generational families or those requiring a private, functional in-law setup, this home offers an ideal structural footprint in...
- The property stands out with a rare, expansive pie-shaped backyard and independent living zones designed to comfortably accommodate large families.
- The main floor layout features an open-concept living and dining room highlighted by elegant crown moulding, a warm gas fireplace, and a large picture window.
- The finished basement expands the living space further with an additional bedroom, 3-piece bathroom, utility space, and a full laundry room with sink and counter...
- Important mechanical updates provide long-term peace of mind, including a new roof (2024), central A/C (2022), a reliable furnace (2016), and updated windows (2014).
Perfectly optimized for multi-generational families or those requiring a private, functional in-law setup, this home offers an ideal structural footprint in Etobicoke's established Eringate-Centennial-West Deane neighbourhood. The property stands out with a rare, expansive pie-shaped backyard and independent living zones designed to comfortably accommodate large families. The main floor layout features an open-concept living and dining room highlighted by elegant crown moulding, a warm gas fireplace, and a large picture window. The updated kitchen is complete with stone tile flooring, classic Shaker-style cabinetry, granite countertops, stainless steel appliances, and a convenient pantry cupboard. The kitchen walks out directly to a spacious rear deck and patio area, overlooking a deep, fully fenced backyard equipped with a children's play structure and a massive 9'8" x 9'11" storage shed. Upstairs, the second level features three generous bedrooms with hardwood flooring, including a principal bedroom with a practical two-piece ensuite bath. Tailored for privacy and independent living, a dedicated back entrance provides direct access to the lower levels. The ground-level lower floor contains a bright family room with a walk-out to the rear yard, a 2-piece bathroom, and a flexible bedroom or quiet home office. The finished basement expands the living space further with an additional bedroom, 3-piece bathroom, utility space, and a full laundry room with sink and counter space easily adaptable into a future kitchenette. Important mechanical updates provide long-term peace of mind, including a new roof (2024), central A/C (2022), a reliable furnace (2016), and updated windows (2014). Situated steps from West Deane Park trails, a short walk (400 meters) to Josyf Cardinal Slipyj Catholic School (JK-8 featuring Ukrainian language and cultural programs), and minutes by transit to three high schools, with quick highway access to 401 and 427. Virtually staged photos.
Key facts
- Property type
- Detached, Sidesplit 4
- MLS®
- W13570138
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 1500-2000 sq ft
- Lot
- 41 × 135.43 ft
- Cross streets
- Martingrove & Rathburn
- Parking
- 1 garage · 5 parking (built-in)
- Driveway
- Private, Private Double
- Basement
- Development Potential, Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,610 / 2025
- Days on market
- 95
- Listing brokerage
- MARTIN GROUP
Rooms
hardwood floor · walk-in closet(s)
hardwood floor · french doors · fireplace
hardwood floor · chair rail · above grade window
stainless steel sink · renovated
hardwood floor · wall sconce lighting
hardwood floor · large window
hardwood floor · chair rail · large window
hardwood floor · ensuite bath · large closet
hardwood floor · combined w/living · overlooks backyard
slate flooring · w/o to deck · stainless steel appl
hardwood floor · w/o to patio · ensuite bath
Listed at $1,229,999. Going by how homes in Eringate-Centennial-West Deane and the wider GTA have actually closed against their asking prices (about 97%, 26 local closings in 90 days), the likely sale price is near $1.20M, if it sells. A realistic range is $1.12M to $1.35M.
Independent value check: $1.31M. Without looking at the asking price, our model values the home itself about 7% above the ask (homes like it typically land between $1.23M and $1.38M).
Why $1.31M. The typical detached home sold in Eringate-Centennial-West Deane over the past year went for about $1.14M (91 sales). What sets this one apart:
- ▲ Raises it4+1 bedrooms and 4 baths, against 3+1 and 2 typically.
- ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
Total price vs nearby homes. Likely closing about $1.20M, from 26 recent closings in this pocket.
The market behind the math:
About 1.6 months of inventory: 14 detached homes for sale in the area against 26 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $703/sqft against an area asking average of $909/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Eringate-Centennial-West Deane: 27 of the 77 detached leases here lately were basement units, around $2,050 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (John G Althouse Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Eringate-Centennial-West Deane, so I widened the search to the surrounding area.
Based on 26 comparable homes that sold in Eringate-Centennial-West Deane over the past two years, from 167 closings there.
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.31M, which is where my estimate comes from.
Per square foot, these ask about $869/sqft; this home lists at $703/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Eringate-Centennial-West Deane: $1.20M in September 2026, up 5% from a year ago, on 80 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.06M | 10 |
| November 2025 | $1.15M | 9 |
| March 2026 | $1.07M | 5 |
| April 2026 | $1.18M | 7 |
| May 2026 | $1.12M | 15 |
| June 2026 | $1.00M | 7 |
| July 2026 | $1.14M | 10 |
| August 2026 | $1.19M | 7 |
| September 2026 | $1.20M | 10 |
Neighbourhood & location
Eringate-Centennial-West Deane, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $983,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,441
- Property tax
- $468
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,908
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,075
- Toronto municipal land transfer tax
- $21,075
- Estimated closing costs
- $42,150
Plus your down payment of $246,000. 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
- $326,442
- Principal paid down
- $120,227
- Interest paid
- $206,215
- Balance remaining
- $863,773
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
The suite is real income here: basements rent in Eringate-Centennial-West Deane (27 of 77 recent detached leases were basement units, around $2,050 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,050 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 9 whole-home leases in Eringate-Centennial-West Deane signed at a median of $4,022 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,963. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MARTIN GROUP. MLS®/PropTx.