51 Greenfield Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13588024

$2,699,000
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
4+1Bedrooms
5Bathrooms
1Garage · 5 parking
3000-3500Sq ft

About this home

In short

  • Welcome to 51 Greenfield, where luxury living meets an extraordinary backyard retreat.
  • The spectacular private oasis is the heart of this exceptional home, featuring a custom 15' x 30' saltwater pool with a dramatic triple 15' Zodiac waterfall, a 99 sq....
  • Designed for effortless living and entertaining, this 4+1 bedroom, 5 bathroom home features a bright open-concept layout with 9' ceilings, hardwood flooring...
  • The chef-inspired kitchen is equipped with top-of-the-line appliances and an oversized island with seating for four, opening seamlessly to the family room with a gas...
  • The primary suite offers a spa-inspired ensuite with heated floors, a private electric fireplace, and a laundry chute.

Welcome to 51 Greenfield, where luxury living meets an extraordinary backyard retreat. The spectacular private oasis is the heart of this exceptional home, featuring a custom 15' x 30' saltwater pool with a dramatic triple 15' Zodiac waterfall, a 99 sq. ft. cabana, and beautifully designed outdoor living spaces perfect for entertaining, relaxing, and creating lasting family memories. Rarely does a home offer such a private resort-style escape in the city.This striking contemporary residence offers approximately 4,779 sq. ft. of finished living space across three levels and is ideally located minutes to the QEW, Highway 427, and just 10 minutes to Sherway Gardens.Designed for effortless living and entertaining, this 4+1 bedroom, 5 bathroom home features a bright open-concept layout with 9' ceilings, hardwood flooring throughout, and spacious principal rooms. The chef-inspired kitchen is equipped with top-of-the-line appliances and an oversized island with seating for four, opening seamlessly to the family room with a gas fireplace and walkout to the deck overlooking the backyard oasis.The primary suite offers a spa-inspired ensuite with heated floors, a private electric fireplace, and a laundry chute. Three skylights flood the home with natural light, while the finished lower level features a large recreation room with a gas fireplace, an additional bedroom, and flexible space for guests, a home office, or gym.Additional features include a 1.5-car garage with EV hookup and inside entry, triple-glazed European windows, solid wood front door with multi-point locking system, whole-home audio, security cameras, HDMI/network wiring, central air, central vacuum, LED pot lights, and contemporary glass and metal stair railings.A rare opportunity in one of Etobicoke's most desirable neighbourhoods. Visit www.51Greenfield.com for more information.

Key facts

Property type
Detached, 2-Storey
MLS®
W13588024
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
42.5 × 142.65 ft
Cross streets
Greenfield Dr. & Shaver Ave. South
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$11,208 / 2025
Days on market
61
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Primary BedroomSecond4.22 × 4.09 m

6 pc ensuite · fireplace · walk-in closet(s)

Utility RoomLower2.82 × 2.24 m

ceramic floor · closet · vaulted ceiling(s)

Bedroom 5Lower5.69 × 3.63 m

laminate · closet · window

Bedroom 4Second4.04 × 3.81 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

RecreationLower7.39 × 5.74 m

laminate · large closet · fireplace

Living RoomMain3.91 × 3.25 m

hardwood floor · window · combined w/dining

LaundryLower5.46 × 2.03 m

ceramic floor · laminate · window

FoyerMain5.87 × 1.78 m

ceramic floor · closet · vaulted ceiling(s)

Family RoomMain5.59 × 5.13 m

hardwood floor · fireplace · w/o to deck

KitchenMain5.72 × 4.37 m

b/i appliances · centre island · hardwood floor

Dining RoomMain5.03 × 3.45 m

hardwood floor · b/i bar · window

Bedroom 3Second4.14 × 3.51 m

hardwood floor · semi ensuite · closet

Bedroom 2Second4.14 × 3.51 m

hardwood floor · semi ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.64Mlikely closing

Listed at $2,699,000 with no offer date. Homes here have been closing close to ask, so my read is $2.64M, typically $2.53M to $2.69M. Comparable closings on their own put this home around $2.51M, which supports the ask, so this is a firm read.

Longer on the market than typical. 61 days on the market against about 36 for homes like it here, and asking 8% above where comparable closings put it.

List price
$2.53MBelow recent closings$2.70MAbove recent closings

Total price vs nearby homes. Likely closing about $2.64M, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$1.34Mmedian sold price
97%of asking, on average
−7%prices vs a year ago
~35 dayshomes like this take to sell
61days on market so far
$8,394/moest. rent · 15 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 18 detached homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $830/sqft against an area asking average of $824/sqft. Size and $/sqft both feed the estimate above.

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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.24M. 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.

  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 (Etobicoke Collegiate Institute) 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

Priced above comparable homes overall, but the price per square foot ($830/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 28 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$2.54Mavg asking

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

Per square foot, these ask about $783/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.70MThis home2.69M2.25M2.69MThis home vs active comparables

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Long Branch
$2.70M
Willowdale East
$2.23M
Wexford-Maryvale
$896K
Cliffcrest
$1.41M
Woburn
$853K

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 · 0.5 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 11 more schools within 2.5 km
Etobicoke Secondary Alternative School · Public secondary0.4 km
Wedgewood Junior School · Public elementary0.9 km · 79% at standard
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Eatonville Junior School · Public elementary1.4 km · 75% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.6 km
West Glen Junior School · Public elementary1.7 km · 57% at standard
Bloordale Middle School · Public elementary1.8 km · 69% at standard
Islington Junior Middle School · Public elementary2.0 km · 66% at standard
St Clement Catholic School · Catholic elementary2.1 km · 85% at standard
Broadacres Junior Public School · Public elementary2.2 km · 55% at standard
Millwood Junior School · Public elementary2.3 km · 65% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$12,301/mo
$500KIncome needed
5.4×Price ÷ income
$2,839Weekly cost
$107,900Land transfer tax, one-time (Ontario + Toronto)
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 $12,301Property tax $934Total carry $13,235

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.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,819per month

Mortgage amount $2,159,200 · 4.39% over 25 years

$539,800Down payment (20.0%)
$2,159,200Loan before insurance
$0CMHC premium
$12,753Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,819
Property tax
$934
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,753

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

One-time closing costs

Ontario land transfer tax
$53,950
Toronto municipal land transfer tax
$53,950
Estimated closing costs
$107,900

Plus your down payment of $539,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$14,319/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

$1,386,471Total interest paid
$3,545,671Total of all payments
Principal $2,159,200 Interest $1,386,471
YearPrincipalInterestBalance
1$48,860$92,967$2,110,340
2$51,029$90,798$2,059,311
3$53,293$88,534$2,006,018
4$55,659$86,168$1,950,360
5$58,129$83,698$1,892,231
6$60,709$81,118$1,831,522
7$63,403$78,424$1,768,119
8$66,217$75,610$1,701,902
9$69,156$72,671$1,632,747
10$72,225$69,602$1,560,522
11$75,430$66,396$1,485,091
12$78,778$63,049$1,406,313
13$82,275$59,552$1,324,039
14$85,926$55,901$1,238,113
15$89,740$52,087$1,148,373
16$93,722$48,104$1,054,651
17$97,882$43,945$956,769
18$102,226$39,601$854,543
19$106,763$35,064$747,779
20$111,501$30,325$636,278
21$116,450$25,377$519,828
22$121,618$20,209$398,210
23$127,016$14,811$271,194
24$132,653$9,174$138,541
25$138,541$3,286$0

At the end of your 5-year term

Total paid over the term
$709,134
Principal paid down
$266,969
Interest paid
$442,165
Balance remaining
$1,892,231

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
From 15 whole-home leases in Islington-City Centre West$8,394/mo
$100,728Gross annual rent
2.9%Cap rate after taxes and upkeep
$7,974 to $9,675Typical rent range
~20 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 15 whole-home leases in Islington-City Centre West signed at a median of $7,217 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,394. 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.

3.7%
Gross yield
− Property tax $11,208− Insurance $1,400− Vacancy & upkeep $11,080Net operating income $77,040

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

CallRequest a showing