45 Paulart Drive, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13752376
About this home
In short
- Welcome to 45 Paulart Drive, a stunning brand-new custom-built home in the heart of Etobicoke.
- Featuring 4 spacious bedrooms and 6 beautifully appointed washrooms, this home is designed for comfortable family living and elegant entertaining.
- The impressive primary bedroom retreat features a luxurious ensuite and separate his-and-her closets.
Welcome to 45 Paulart Drive, a stunning brand-new custom-built home in the heart of Etobicoke! This exceptional residence offers a perfect blend of modern design, luxury finishes, and thoughtful functionality. Featuring 4 spacious bedrooms and 6 beautifully appointed washrooms, this home is designed for comfortable family living and elegant entertaining. Each bedroom offers its own private ensuite, providing exceptional comfort and privacy. The impressive primary bedroom retreat features a luxurious ensuite and separate his-and-her closets. The heart of the home is the spectacular modern kitchen, complete with a large centre island, ample cabinetry, and an ideal layout for family gatherings and entertaining. Sliding doors provide seamless access to the backyard, where you can enjoy a covered porch/deck for outdoor relaxation and entertaining. The spacious Great Room is highlighted by a beautiful fireplace, creating a warm and inviting atmosphere. With its contemporary architecture, spacious layout, premium features, and exceptional attention to detail, this brand-new home is a rare opportunity in a desirable Etobicoke location. A truly exceptional property offering modern luxury, comfort, and style-ready to welcome its new owners!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13752376
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 50 × 100 ft
- Cross streets
- Dundas St. W & Shaver Ave S
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Block, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $11,701 / 2026
- Days on market
- 13
- Listing brokerage
- CENTURY 21 INNOVATIVE REALTY INC.
Rooms
window · hardwood floor
window · hardwood floor
ensuite bath · hardwood floor
centre island · hardwood floor
ensuite bath · hardwood floor · his and hers closets
open concept · hardwood floor
fireplace · hardwood floor
large window · hardwood floor
Listed at $2,699,999. Recent sales of homes like it put this one around $2.46M, so the ask is about 10% above what similar homes have sold for.
If it sells at this ask, expect about $2.64M, typically $2.53M to $2.69M: that is where homes here have closed against their asks in the last 90 days (28 closings).
One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.
Total price vs nearby homes. Fair value about $2.46M, 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 $831/sqft against an area asking average of $799/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 66 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.40M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Primary suite: a key comfort and resale feature. Lifestyle
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($831/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 66 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $953/sqft; this home lists at $831/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: 11 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 $2,159,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,823
- Property tax
- $975
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,798
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,975
- Toronto municipal land transfer tax
- $53,975
- Estimated closing costs
- $107,950
Plus your down payment of $540,000. 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
- $709,397
- Principal paid down
- $267,068
- Interest paid
- $442,329
- Balance remaining
- $1,892,931
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 numbersThe last 12 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 $8,670. 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 CENTURY 21 INNOVATIVE REALTY INC.. MLS®/PropTx.