439 Martin Grove Road, Toronto, ON

Princess-Rosethorn, Toronto · MLS® W13689278

$2,499,900
For Sale
Listed 63 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Splendid Princess Gardens home offering 4+1 bedrooms and 4 baths, beautifully designed for comfortable large-family living in one of Etobicoke's most sought-after...
  • A walk-out leads to the large deck and private backyard oasis, extending the living space outdoors.
  • Upstairs, the impressive primary retreat offers a walk-in closet and a beautifully appointed 6-piece ensuite.

Splendid Princess Gardens home offering 4+1 bedrooms and 4 baths, beautifully designed for comfortable large-family living in one of Etobicoke's most sought-after family neighbourhoods. Generous principal rooms, elegant coffered ceilings, quality finishes and a thoughtful, functional layout create a home that feels both refined and practical for everyday life. The chef-inspired kitchen features quality stainless steel appliances, a large center island, eat-in area, and a convenient butler's pantry with excellent pantry storage. Overlooking the family room with gas fireplace, this warm and welcoming space is ideal for gathering, entertaining and busy family routines. A walk-out leads to the large deck and private backyard oasis, extending the living space outdoors. A built-in sound system with integrated speakers enhances the main living areas, with additional speakers on the deck for outdoor enjoyment. Upstairs, the impressive primary retreat offers a walk-in closet and a beautifully appointed 6-piece ensuite. The upper level also features three full bathrooms, a skylight, an open sitting area, and a double linen closet, adding comfort and flexibility for family living. A polished, spacious home with the size, layout and features today's buyers are looking for in a prime Princess Gardens location. Note: Laneway structure a possibility.

Key facts

Property type
Detached, 2-Storey
MLS®
W13689278
Bedrooms
4
Bathrooms
4 (1 half)
Size
3500-5000 sq ft
Lot
50.07 × 248.53 ft
Cross streets
Martin Grove, north of Rathburn Rd
Parking
2 garage · 6 parking (built-in)
Driveway
Private Double
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,829 / 2025
Days on market
63
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 4Second4.37 × 3.56 m

hardwood floor · double closet · 4 pc ensuite

SittingSecond3.15 × 2.21 m

hardwood floor · window · window

Primary BedroomSecond5.79 × 5.05 m

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

PantryMain1.98 × 1.22 m

tile floor · granite counters

KitchenMain5.79 × 5.11 m

centre island · stainless steel appl · eat-in kitchen

Living RoomMain3.66 × 3.51 m

fireplace · hardwood floor · crown moulding

Bedroom 2Second4.57 × 4.06 m

hardwood floor · semi ensuite

Bedroom 3Second4.72 × 3.43 m

hardwood floor · semi ensuite · overlooks frontyard

Family RoomMain6.40 × 4.45 m

gas fireplace · built-in speakers · walk-out

FoyerMain3.05 × 2.13 m

coffered ceiling(s) · tile floor

Dining RoomMain3.91 × 3.78 m

hardwood floor · stainless steel appl · eat-in kitchen

DenSecond3.96 × 3.05 m

open concept · hardwood floor · window

LaundryMain4.39 × 2.44 m

tile floor · walk-out · access to garage

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.45Mlikely sale price

Listed at $2,499,900. Going by how homes in Princess-Rosethorn and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $2.45M, if it sells. A realistic range is $2.30M to $2.77M.

Independent value check: $2.44M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $2.28M and $2.55M).

Why $2.44M. The typical detached home sold in Princess-Rosethorn over the past year went for about $1.78M (98 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,829 a year; the typical home sold here pays about $8,400.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,750 to 2,250.
  • ▲ Raises it4 bedrooms and 4 baths, against 3+1 and 3 typically.
  • ▲ Raises it slightlyIts lot is 50 by 249 ft; the typical lot sold here is 55 by 120.
List price
$2.30MBelow recent closings$2.77MAbove recent closings

Total price vs nearby homes. Likely closing about $2.45M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.55Mmedian sold price
98%of asking, on average
−15%prices vs a year ago
~16 dayshomes like this take to sell
63days on market so far
$7,323/moest. rent · 32 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 5 detached homes for sale in the area against 22 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 $588/sqft against an area asking average of $973/sqft.

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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.10M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 22 comparable homes that sold in Princess-Rosethorn over the past two years, from 206 closings there.

What sellers nearby are askingCurrently listed nearby in Princess-Rosethorn · asking prices
$3.43Mavg asking

Nothing 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 $2.44M, which is where my estimate comes from.

Per square foot, these ask about $973/sqft; this home lists at $588/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
2.50MThis home2.95M2.80M2.79M3.00M5.60MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Princess-Rosethorn: $1.37M in September 2026, down 27% from a year ago, on 89 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$2.13M21
November 2025$1.76M13
March 2026$2.04M6
April 2026$1.89M9
May 2026$1.68M8
June 2026$1.51M10
July 2026$1.60M9
August 2026$1.31M7
September 2026$1.37M6

Neighbourhood & location

Princess-Rosethorn, 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.

Willowridge-Martingrove-Richview
$1.10M
Islington-City Centre West
$925K
Stonegate-Queensway
$1.63M
Mimico
$1.40M
Lansing-Westgate
$1.60M

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 John G Althouse Middle School
88%
John G Althouse Middle SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 88% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Princess Margaret Junior School · Public elementary0.2 km · 60% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary1.1 km · 83% at standard
Central Etobicoke High School · Public secondary1.2 km
St Marcellus Catholic School · Catholic elementary1.3 km · 60% at standard
St George's Junior School · Public elementary1.5 km · 81% at standard
Briarcrest Junior School · Public elementary1.6 km · 81% at standard
Parkfield Junior School · Public elementary1.6 km · 70% at standard
Dixon Grove Junior Middle School · Public elementary1.8 km · 45% at standard
Kipling Collegiate Institute · Public secondary1.8 km · 46% at standard
Wellesworth Junior School · Public elementary1.9 km · 58% at standard
Richview Collegiate Institute · Public secondary2.0 km · 82% at standard
Rosethorn Junior School · Public elementary2.0 km · 65% at standard

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

Affordability & Mortgage

Affordability
$11,394/mo
$465KIncome needed
5.4×Price ÷ income
$2,629Weekly cost
$97,945Land 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 $11,394Property tax $902Total carry $12,296

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,058per month

Mortgage amount $1,999,920 · 4.49% over 25 years

$499,980Down payment (20.0%)
$1,999,920Loan before insurance
$0CMHC premium
$11,960Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,058
Property tax
$902
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,960

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

One-time closing costs

Ontario land transfer tax
$48,973
Toronto municipal land transfer tax
$48,973
Estimated closing costs
$97,945

Plus your down payment of $499,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,384/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

$1,317,450Total interest paid
$3,317,370Total of all payments
Principal $1,999,920 Interest $1,317,450
YearPrincipalInterestBalance
1$44,630$88,065$1,955,290
2$46,656$86,039$1,908,634
3$48,774$83,920$1,859,860
4$50,989$81,706$1,808,871
5$53,304$79,391$1,755,567
6$55,724$76,970$1,699,842
7$58,254$74,440$1,641,588
8$60,899$71,795$1,580,689
9$63,664$69,030$1,517,024
10$66,555$66,140$1,450,469
11$69,577$63,118$1,380,892
12$72,736$59,959$1,308,156
13$76,039$56,656$1,232,117
14$79,491$53,204$1,152,626
15$83,100$49,595$1,069,526
16$86,873$45,822$982,653
17$90,818$41,877$891,835
18$94,941$37,754$796,894
19$99,252$33,443$697,642
20$103,758$28,936$593,884
21$108,469$24,225$485,414
22$113,394$19,300$372,020
23$118,543$14,152$253,477
24$123,925$8,770$129,552
25$129,552$3,143$0

At the end of your 5-year term

Total paid over the term
$663,474
Principal paid down
$244,353
Interest paid
$419,121
Balance remaining
$1,755,567

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 32 whole-home leases in Princess-Rosethorn$7,323/mo
$87,876Gross annual rent
2.6%Cap rate after taxes and upkeep
$5,818 to $8,701Typical rent range

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 32 whole-home leases in Princess-Rosethorn signed at a median of $5,387 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,323. 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.

3.5%
Gross yield
− Property tax $10,829− Insurance $1,400− Vacancy & upkeep $9,666Net operating income $65,981

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

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