118 Warwood Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13709262

$3,195,000
For Sale
Listed 27 days agoNo offer date stated
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4Bedrooms
5Bathrooms
1.5Garage · 7.5 parking
3000-3500Sq ft

About this home

In short

  • Welcome to 118 Warwood Road- a striking modern farmhouse situated on an estate size 73' x 155' lot in Etobicoke's exclusive Glen Park community.
  • This custom rebuilt residence pairs timeless architectural design with exceptional craftsmanship and scale rarely found in the city.
  • The interior showcases open, sunlit spaces with vaulted ceilings, a 10 foot quartz island, custom cabinetry, and a full walk-in pantry.
  • Designed for entertaining and everyday luxury, the property includes a saltwater pool, new cabana, and meticulously landscaped grounds- all finished to the highest...
  • With Highway 427, Pearson Airport, and downtown Toronto, all within an easy reach, this location combines city accessibility with a rare sense of space and privacy.

Welcome to 118 Warwood Road- a striking modern farmhouse situated on an estate size 73' x 155' lot in Etobicoke's exclusive Glen Park community. This custom rebuilt residence pairs timeless architectural design with exceptional craftsmanship and scale rarely found in the city. A wraparound front porch frames the home's impressive facade, and provides a welcoming space for conversation, relaxation, or simply appreciating the beauty of its surroundings. The interior showcases open, sunlit spaces with vaulted ceilings, a 10 foot quartz island, custom cabinetry, and a full walk-in pantry. Flooded with natural light from its large windows and dramatic sliding doors. The home offers a bright, airy ambiance year-round. Designed for entertaining and everyday luxury, the property includes a saltwater pool, new cabana, and meticulously landscaped grounds- all finished to the highest standards. Set in one of Etobicoke's most desirable neighbourhoods, Glen Park is a community defined by connection, convenience, and pride of ownership. The Glen Park Homeowners Association organizes seasonal events that foster a genuine sense of neighbourhood spirit. Families appreciate the areas top-rated schools, close-knit streets, and access to excellent amenities-from local shops and cafes to public libraries and recreational facilities. Nearby West Deane Park offers kilometers of scenic trails for walking and cycling. With Highway 427, Pearson Airport, and downtown Toronto, all within an easy reach, this location combines city accessibility with a rare sense of space and privacy. 118 Warwood Road delivers the best of Etobicoke living- a property that embodies quality, scale, and enduring style in a community where every detail contributes to an exceptional way of life. Few communities capture such a rare balance of connection, comfort, and sophistication-Glen Park stands as a place that truly enriches the lives of those who call it home.

Key facts

Property type
Detached, 2-Storey
MLS®
W13709262
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
73 × 155 ft
Cross streets
Martin Grove/Rathburn/Burnhamthorpe
Parking
1.5 garage · 7.5 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Poured Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,561 / 2025
Days on market
27
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

OtherSecond4.44 × 3.10 m

vaulted ceiling(s) · b/i closet · large window

KitchenMain5.05 × 4.47 m

centre island · b/i appliances · breakfast area

Utility RoomLower6.98 × 2.43 m

concrete floor · led lighting · enclosed

Mud RoomMain6.46 × 1.85 m

access to garage · large window · b/i closet

PantryMain3.59 × 1.95 m

large window · b/i appliances · quartz counter

Bedroom 4Second3.83 × 3.33 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

KitchenLower3.28 × 2.22 m

led lighting · quartz counter · b/i appliances

OfficeMain3.38 × 2.62 m

coffered ceiling(s) · french doors · casement windows

Bedroom 2Second3.57 × 3.47 m

3 pc ensuite · b/i closet · vaulted ceiling(s)

LaundrySecond2.93 × 2.72 m

custom backsplash · quartz counter · stainless steel sink

Bedroom 3Second3.65 × 3.47 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

Game RoomLower11.84 × 5.48 m

vinyl floor · led lighting · above grade window

OtherBasement2.39 × 2.00 m

led lighting · vinyl floor · enclosed

Great RoomMain5.67 × 4.21 m

floor/ceil fireplace · sliding doors · w/o to porch

FoyerMain5.95 × 3.59 m

vaulted ceiling(s) · large closet · staircase

Dining RoomMain6.82 × 4.52 m

casement windows · combined w/kitchen · combined w/great rm

Primary BedroomSecond5.80 × 4.41 m

5 pc ensuite · vaulted ceiling(s) · w/o to terrace

Our TakeTeam Asgarian · Broker
Worth a closer look
$1.88Mautomated estimate, from recent sales

Listed at $3,195,000. Recent sales of homes like it put this home around $1.88M, so the ask is about 70% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.

List price
$1.76MBelow recent closings$3.19MAbove recent closings

Total price vs nearby homes. Fair value about $1.88M, learned from recent GTA sales.

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
27days on market so far
$8,351/moest. rent · 7 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 16 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 $983/sqft against an area asking average of $825/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 46 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.51M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
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 46 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
$2.50Mavg 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 $2.77M, which is where my estimate comes from.

Per square foot, these ask about $795/sqft; this home lists at $983/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.19MThis home2.60M2.27M2.70M2.69M2.25MThis 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 · 1.8 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
West Glen Junior School · Public elementary0.5 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary0.6 km
Josyf Cardinal Slipyj Catholic School · Catholic elementary0.9 km · 83% at standard
Broadacres Junior Public School · Public elementary1.3 km · 55% at standard
Wedgewood Junior School · Public elementary1.4 km · 79% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.4 km · 68% at standard
Wellesworth Junior School · Public elementary1.5 km · 58% at standard
Our Lady of Peace Catholic School · Catholic elementary1.6 km · 71% at standard
John G Althouse Middle School · Public elementary1.6 km · 88% at standard
Rosethorn Junior School · Public elementary1.7 km · 65% at standard
Princess Margaret Junior School · Public elementary1.9 km · 60% at standard
Eatonville Junior School · Public elementary1.9 km · 75% at standard

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

Affordability & Mortgage

Affordability
$14,562/mo
$570KIncome needed
5.6×Price ÷ income
$3,360Weekly cost
$134,650Land 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.

96%mortgage
Mortgage $14,562Property tax $547Total carry $15,108

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)
$13,991per month

Mortgage amount $2,556,000 · 4.39% over 25 years

$639,000Down payment (20.0%)
$2,556,000Loan before insurance
$0CMHC premium
$14,538Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,991
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14,538

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

One-time closing costs

Ontario land transfer tax
$66,350
Toronto municipal land transfer tax
$68,300
Estimated closing costs
$134,650

Plus your down payment of $639,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$16,951/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

$1,641,266Total interest paid
$4,197,266Total of all payments
Principal $2,556,000 Interest $1,641,266
YearPrincipalInterestBalance
1$57,839$110,051$2,498,161
2$60,406$107,484$2,437,755
3$63,087$104,804$2,374,668
4$65,887$102,004$2,308,781
5$68,811$99,079$2,239,970
6$71,865$96,025$2,168,104
7$75,055$92,836$2,093,050
8$78,386$89,505$2,014,664
9$81,865$86,026$1,932,799
10$85,498$82,393$1,847,302
11$89,292$78,598$1,758,009
12$93,255$74,635$1,664,754
13$97,394$70,496$1,567,359
14$101,717$66,174$1,465,643
15$106,231$61,659$1,359,411
16$110,946$56,945$1,248,466
17$115,870$52,021$1,132,596
18$121,012$46,878$1,011,583
19$126,383$41,507$885,200
20$131,992$35,898$753,208
21$137,850$30,040$615,358
22$143,968$23,922$471,389
23$150,358$17,533$321,031
24$157,031$10,860$164,000
25$164,000$3,890$0

At the end of your 5-year term

Total paid over the term
$839,453
Principal paid down
$316,030
Interest paid
$523,423
Balance remaining
$2,239,970

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 7 whole-home leases in Islington-City Centre West$8,351/mo
$100,212Gross annual rent
2.5%Cap rate after taxes and upkeep
$7,683 to $9,188Typical 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 7 whole-home leases in Islington-City Centre West signed at a median of $6,794 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,351. 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.

3.1%
Gross yield
− Property tax $6,561− Insurance $1,400− Vacancy & upkeep $11,023Net operating income $81,228

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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