53 Wilmar Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13749136

$1,329,000
For Sale
Listed 44 days agoNo offer date stated
Request a showing
◎ Directions
4+2Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Fantastic opportunity for homeowners, multi-generational families or investors.
  • Detached 4+2 bedroom home on an impressive 50 x 120 ft. lot offering 3 separate living areas and excellent income potential.
  • The main residence features hardwood floors, thermal windows and an open-concept living, dining and kitchen area.
  • Separate Nanny Suite with kitchen and bathroom, plus a spacious 2-bedroom In-Law suite in lower-level suite.
  • Steps to Kipling Subway and GO Transit-a versatile property offering space, flexibility and income potential in a convenient central location Etobicoke location.

Fantastic opportunity for homeowners, multi-generational families or investors! Detached 4+2 bedroom home on an impressive 50 x 120 ft. lot offering 3 separate living areas and excellent income potential. The main residence features hardwood floors, thermal windows and an open-concept living, dining and kitchen area. Separate Nanny Suite with kitchen and bathroom, plus a spacious 2-bedroom In-Law suite in lower-level suite. Detached 1 1/2 car garage and parking for five cars. Live on the main Floor and have income with Great Tenants . Freshly Painted Idea investment. Surrounded by multimillion dollar homes. Steps to Kipling Subway and GO Transit-a versatile property offering space, flexibility and income potential in a convenient central location Etobicoke location.

Key facts

Property type
Detached, Bungalow
MLS®
W13749136
Bedrooms
4+2 (6 total)
Bathrooms
3
Size
1100-1500 sq ft
Lot
49.97 × 120 ft
Cross streets
Dundas St W. & Wilmar Rd
Parking
1 garage · 3 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance, Apartment
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Shingles
Sewer
Sewer
Property tax
$5,829 / 2025
Days on market
44
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Bedroom 4Ground4.27 × 3.38 m

laminate · 3 pc ensuite · galley kitchen

Living RoomBasement3.51 × 2.84 m

ceramic floor · large closet · pot lights

Living RoomGround5.38 × 4.17 m

ceramic floor · open concept · closet

BedroomBasement4.06 × 0.72 m

ceramic floor · mirrored closet · above grade window

Primary BedroomGround5.44 × 3.35 m

hardwood floor · crown moulding · west view

Cold Room/CantinaBasement1.68 × 1.14 m

ceramic floor · b/i shelves

KitchenGround5.38 × 4.17 m

ceramic floor · open concept · overlooks backyard

KitchenBasement4.45 × 4.04 m

ceramic floor · b/i dishwasher · pot lights

Bedroom 2Ground3.35 × 3.35 m

hardwood floor · large closet · west view

LaundryBasement3.15 × 1.32 m

ceramic floor · b/i shelves

Bedroom 3Ground3.58 × 2.79 m

hardwood floor · mirrored closet · overlooks garden

BedroomBasement3.51 × 3.35 m

laminate · b/i shelves · above grade window

Furnace RoomBasement3.96 × 1.65 m

Concrete Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M

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 · 1.0 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Etobicoke Secondary Alternative School · Public secondary0.7 km
Wedgewood Junior School · Public elementary1.1 km · 79% at standard
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Islington Junior Middle School · Public elementary1.7 km · 66% at standard
Eatonville Junior School · Public elementary1.9 km · 75% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.1 km
Norseman Junior Middle School · Public elementary2.1 km · 77% at standard
West Glen Junior School · Public elementary2.2 km · 57% at standard
Holy Angels Catholic School · Catholic elementary2.2 km · 84% at standard
Castlebar Junior School · Public elementary2.4 km · 82% at standard
Bloordale Middle School · Public elementary2.4 km · 69% at standard
Our Lady of Sorrows Catholic School · Catholic elementary2.4 km · 90% at standard

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

Affordability & Mortgage

Affordability
$6,057/mo
$249KIncome needed
5.3×Price ÷ income
$1,398Weekly cost
$46,110Land 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 $6,057Property tax $486Total carry $6,543

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$5,879per month

Mortgage amount $1,063,200 · 4.49% over 25 years

$265,800Down payment (20.0%)
$1,063,200Loan before insurance
$0CMHC premium
$6,364Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,879
Property tax
$486
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,364

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

One-time closing costs

Ontario land transfer tax
$23,055
Toronto municipal land transfer tax
$23,055
Estimated closing costs
$46,110

Plus your down payment of $265,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,115/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

$700,385Total interest paid
$1,763,585Total of all payments
Principal $1,063,200 Interest $700,385
YearPrincipalInterestBalance
1$23,726$46,817$1,039,474
2$24,803$45,740$1,014,671
3$25,930$44,614$988,741
4$27,107$43,437$961,634
5$28,338$42,206$933,297
6$29,624$40,919$903,672
7$30,969$39,574$872,703
8$32,375$38,168$840,328
9$33,845$36,698$806,482
10$35,382$35,161$771,100
11$36,989$33,555$734,112
12$38,668$31,875$695,444
13$40,424$30,120$655,020
14$42,259$28,284$612,761
15$44,178$26,366$568,583
16$46,184$24,360$522,399
17$48,281$22,263$474,119
18$50,473$20,071$423,646
19$52,764$17,779$370,881
20$55,160$15,383$315,721
21$57,665$12,879$258,057
22$60,283$10,261$197,774
23$63,020$7,523$134,754
24$65,881$4,662$68,873
25$68,873$1,671$0

At the end of your 5-year term

Total paid over the term
$352,717
Principal paid down
$129,903
Interest paid
$222,814
Balance remaining
$933,297

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
Estimate$2,300/mo
$27,600Gross annual rent
1.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates 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.

2.1%
Gross yield
− Property tax $5,829− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,335

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

CallRequest a showing