78 Meadowbank Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13673186
About this home
Late summer in Toronto and the trees are at their fullest. This is the moment this home was made for. Sunlight doesn't simply enter here. It pours through every space, warm and golden the way only summer light can be. Once a traditional centre-plan residence, it has been thoughtfully reimagined into something genuinely rare: a seamless blend of classic craftsmanship and modern life. Warm hardwoods and traditional detail meet vaulted ceilings and an abundance of space that deserves your attention. Vast without feeling lost. From the moment you step into the foyer this home holds you. A large living room anchored by a gas fireplace peers into a formal dining space that flows effortlessly into a galley, eat-in kitchen built entirely for the way we actually live. From there the laundry mudroom, a spectacular yard that is begging for one last summer gathering, or the pull of a sunken main level family room. A separate garage entrance and powder room complete the picture. Upstairs is equally impressive. Three plus one oversized bedrooms each with built in storage and loads of character. The principal suite is sunken, anchored by its own fireplace and ten closet spaces (not a typo). A private office floats above the family room below, bathed in light from abundant skylights. A luxe ensuite completes the retreat. The other bedrooms are equally beautiful sharing a Jack and Jill bath that won't disappoint. Pause up here. Feel the ease, the richness, the late summer treetops pressing in. You'll understand this home. The lower level brings a fourth fireplace, family room, wet bar and room for whatever comes next. Outside: 85 x 146 feet of pure privacy. Expansive decks front and rear, a side yard that earns the word garden. The season is still here. This is one of the most sought after pockets in Etobicoke and it shows. Come enjoy it.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13673186
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000
- Lot
- 85 × 146 ft
- Cross streets
- Martin Grove Road and Burnhamthorpe Rd
- Parking
- 2 garage · 7 parking (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Wood , Other
- Foundation
- Poured Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,851 / 2025
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
3 Pc Ensuite
wet bar · fireplace
skylight · hardwood floor · fireplace
hardwood floor · 3 pc ensuite · large window
laundry sink · walk-out · large window
vaulted ceiling(s) · skylight
large window · heated floor
5 pc bath · soaking tub · vaulted ceiling(s)
fireplace · vaulted ceiling(s) · b/i closet
eat-in kitchen · w/o to deck · stainless steel appl
hardwood floor · large window
fireplace · hardwood floor · large window
2 Pc Bath
hardwood floor · b/i closet · large window
Listed at $1,999,000, and my independent estimate is within the range of comparable homes, on the lower side.
In Islington-City Centre West lately, sellers get about 100% of asking; homes sell in ~23 days.
Total price vs nearby homes. Fair value about $2.25M, median of 6 comparables.
How this estimate is builtthe short version
I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.75M, a bit lower.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 6 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 9% below the area average of $801/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Islington-City Centre West, 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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.
Mortgage amount $1,599,200 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,578
- Property tax
- $654
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,232
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,455
- Toronto municipal land transfer tax
- $36,455
- Estimated closing costs
- $72,910
Plus your down payment of $399,800. 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
- $514,658
- Principal paid down
- $202,463
- Interest paid
- $312,196
- Balance remaining
- $1,396,737
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
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 RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.