54 Cronin Drive, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13780990
About this home
In short
- A masterclass in modern luxury and architectural detail, this custom-built residence seamlessly blends sophisticated design with exceptional functionality.
- Thoughtfully curated from top to bottom, the home showcases impeccable craftsmanship, soaring 10-foot ceilings on the main level, stunning white oak herringbone...
- Designed to impress and built for entertaining, the chef's kitchen is a true statement piece featuring premium Sub-Zero, Wolf, and Bosch appliances, an expansive...
- The impressive lower level features soaring 11-foot ceilings, a dramatic oversized walkout, and a fully wired home theatre creating the ultimate space for...
A masterclass in modern luxury and architectural detail, this custom-built residence seamlessly blends sophisticated design with exceptional functionality. Thoughtfully curated from top to bottom, the home showcases impeccable craftsmanship, soaring 10-foot ceilings on the main level, stunning white oak herringbone flooring, built-in speakers, and full smart home integration for effortless everyday living. Designed to impress and built for entertaining, the chef's kitchen is a true statement piece featuring premium Sub-Zero, Wolf, and Bosch appliances, an expansive eat-in island with bar sink and wine fridge, and seamless flow into the spacious family room and sun-filled breakfast area. Bespoke millwork and refined designer finishes elevate every space throughout the home. The luxurious primary retreat offers the feel of a private boutique hotel suite, complete with its own balcony, a custom dream walk-in closet, and a spa-inspired ensuite designed for total relaxation. The impressive lower level features soaring 11-foot ceilings, a dramatic oversized walkout, and a fully wired home theatre creating the ultimate space for entertaining and family living. A truly exceptional residence where every detail has been intentionally designed, beautifully executed, and crafted to leave a lasting impression.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13780990
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 45 × 139.77 ft
- Cross streets
- Burnhamthorpe Rd and The East Mall
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $11,945 / 2025
- Days on market
- 6
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
gas fireplace · large window · hardwood floor
hardwood floor · 4 pc ensuite · b/i closet
hardwood floor · balcony · semi ensuite
built-in speakers · gas fireplace · hardwood floor
hardwood floor · b/i bookcase · large window
5 pc ensuite · walk-in closet(s) · gas fireplace
heated floor · above grade window · 4 pc ensuite
heated floor · hardwood floor · large window
hardwood floor · open concept · built-in speakers
heated floor · combined w/kitchen · gas fireplace
stone counters · combined w/family · b/i appliances
hardwood floor · b/i closet · large window
Listed at $2,599,000 with no offer date. Homes here have been closing close to ask, so my read is $2.54M, typically $2.44M to $2.59M. Comparable closings on their own put this home around $2.58M, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $2.54M, from 28 recent closings in this pocket.
The market behind the math:
About 1.5 months of inventory: 14 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 $945/sqft against an area asking average of $875/sqft. Size and $/sqft both feed the estimate above.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.34M. 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. 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.
Based on 28 comparable homes that sold in Islington-City Centre West over the past two years, from 251 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $954/sqft; this home lists at $945/sqft. Size is part of the price story, not just the sticker.
The 4 closest 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 $2,079,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,381
- Property tax
- $995
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,376
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,450
- Toronto municipal land transfer tax
- $51,450
- Estimated closing costs
- $102,900
Plus your down payment of $519,800. 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
- $682,860
- Principal paid down
- $257,078
- Interest paid
- $425,783
- Balance remaining
- $1,822,122
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 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 $8,091. 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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.