88 Rabbit Lane, Toronto, ON
Eringate-Centennial-West Deane, Toronto · MLS® W13570138
About this home
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 the trail networks of West Deane Park and walking distance to elementary school and minutes by public transportation to three high schools, this home offers quick highway access to 401 and 427 for a straightforward daily commute. Virtually staged photos.
Key facts
- Property type
- Detached, Sidesplit 4
- MLS®
- W13570138
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4 (2 half)
- Size
- 1500-2000
- 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
- 1
- 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 $1,299,000, this home is tracking about 12% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
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 15 similar homes nearby, adjusted for size, beds, and baths.Median of 15 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.35M, 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 $1.30M
- Bathrooms +$15K
- Adjusts to $1.31M
That comparable adjusts to $1.31M; the $1.48M estimate above is the median of all 15 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 (John G Althouse Middle School) 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. The East Mall at Talgarth Rd is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.48M, median of 15 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- 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.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 12% below the area average of $844/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: The East Mall at Talgarth Rd, about 65 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
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 $1,039,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,546
- Property tax
- $468
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,013
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Estimated closing costs
- $44,910
Plus your down payment of $259,800. 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
- $332,733
- Principal paid down
- $132,342
- Interest paid
- $200,391
- Balance remaining
- $906,858
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
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 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 MARTIN GROUP. MLS®/PropTx.