124 Shaver Avenue, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13742926
About this home
In short
- Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot.
- (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and...
- Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious...
- Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional...
- Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.
Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot. Offering Over 4,500 Sq. Ft. (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and Uncompromising Attention to Detail. Featuring Grand Principal Rooms, a Formal Dining Room, a Main Floor Executive Office, an Elegant Family Room With a Fireplace, And A Light-Filled Chef's Kitchen Complete With Pantry and Walk-Out To A Spacious Patio and Private Oversized Backyard. Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious High-End Finishes Throughout. The Upper Level Features Four Generously Sized Bedrooms, Each With Its Own Private Ensuite And Heated Floors. The Spacious Primary Retreat Offers A Cozy Fireplace, A Fully Customized Walk-In Closet With Premium Built-In Organizers, And a Spa-Inspired Ensuite Designed For Ultimate Comfort and Relaxation. Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional Rooms, and a 4pc Bathroom. Heated Floors in the Basement. Located Within Top-Rated School Districts and Just Steps To Public Transit, Parks, Shopping, and Major Amenities, This Extraordinary Home Seamlessly Combines Luxury, Comfort, And Convenience In One Of Etobicoke's Most Desirable Neighbourhoods. This Home May be Purchased Furnished with an Exceptional Collection of High-end Italian Furniture Throughout, Offering a Truly Turnkey Luxury Living. Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13742926
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 40 × 202.66 ft
- Cross streets
- Kipling Ave & Bloor St West
- Parking
- 1 garage · 4 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,902 / 2025
- Days on market
- 17
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
walk-in closet(s) · 5 pc ensuite
combined w/kitchen · hardwood floor · walk-out
walk-in closet(s) · 4 pc ensuite
built-in speakers · walk-up
combined w/family · centre island · walk-out
walk-in closet(s) · 4 pc ensuite
walk-in closet(s) · 4 pc ensuite
Listed at $3,999,000. Recent sales of homes like it put this home around $2.64M, so the ask is about 51% 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.
Total price vs nearby homes. Fair value about $2.64M, learned from recent GTA sales.
The market behind the math:
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.
Price per square foot: this home lists at $1,230/sqft against an area asking average of $777/sqft. Size and $/sqft both feed the estimate above.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Islington-City Centre West: 27 of the 165 detached leases here lately were basement units, around $2,100 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 73 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.09M. 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.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- 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
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.
Based on 73 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.
For sale
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For saleNothing 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 $2.64M, which is where my estimate comes from.
Per square foot, these ask about $874/sqft; this home lists at $1,230/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $3,199,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,512
- Property tax
- $1,075
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,587
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,450
- Toronto municipal land transfer tax
- $96,440
- Estimated closing costs
- $182,890
Plus your down payment of $799,800. 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
- $1,050,696
- Principal paid down
- $395,557
- Interest paid
- $655,138
- Balance remaining
- $2,803,643
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
The suite is real income here: basements rent in Islington-City Centre West (27 of 165 recent detached leases were basement units, around $2,100 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,100 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 13 whole-home leases in Islington-City Centre West signed at a median of $8,143 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,911. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.