16 Carsbrooke Road, Toronto, ON
Etobicoke West Mall, Toronto · MLS® W13811948
About this home
In short
- This spacious and sun-filled 3-bedroom bungalow sits on a premium lot and offers exceptional potential for investors, renovators, builders, or buyers looking to...
- The property has been occupied by the same long-term tenant family since2017, creating an attractive opportunity for a buyer who may wish to continue generating...
- Inside, the homeoffers a functional bungalow layout with hardwood flooring, an updated kitchen and bathrooms,and a spacious lower-level family room providing...
- Sliding glass doorsopen to a large rear deck overlooking the backyard and kidney-shaped Deakin concrete pool,creating a private outdoor setting with plenty of...
- Whether you envision holdingas an income-producing property, renovating and personalizing the existing home, or planningsomething entirely new on this premium lot...
Welcome to a rare opportunity on a quiet, family-friendly street just steps from the park andplayground. This spacious and sun-filled 3-bedroom bungalow sits on a premium lot and offers exceptional potential for investors, renovators, builders, or buyers looking to create theirfuture dream home. The property has been occupied by the same long-term tenant family since2017, creating an attractive opportunity for a buyer who may wish to continue generating rentalincome while planning future renovations, redevelopment, or permit approvals. Inside, the homeoffers a functional bungalow layout with hardwood flooring, an updated kitchen and bathrooms,and a spacious lower-level family room providing additional living space. Sliding glass doorsopen to a large rear deck overlooking the backyard and kidney-shaped Deakin concrete pool,creating a private outdoor setting with plenty of possibilities. Additional features includedouble glass front doors, kitchen and foyer tile flooring, a side entrance with built-inblinds, a newer wood porch, and an extra-long and wide driveway. Whether you envision holdingas an income-producing property, renovating and personalizing the existing home, or planningsomething entirely new on this premium lot, this is a property with flexibility, location, andlong-term potential. Some pictures might be AI staged.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13811948
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 48 × 130 ft
- Cross streets
- Renforth Dr/ Burnhamthorpe Rd
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Front Yard Parking
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Sewer
- Sewer
- Pool
- Above Ground
- Property tax
- $5,512 / 2025
- Days on market
- 28
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
tile floor · glass doors · double closet
hardwood floor · closet · w/o to deck
hardwood floor · double closet · 3 pc ensuite
eat-in kitchen · tile floor · w/o to porch
hardwood floor · closet · window
hardwood floor · overlooks living · bow window
hardwood floor · crown moulding · picture window
Listed at $1,199,999, about 10% above our estimate of $1.09M (homes like it typically land between $1.02M and $1.14M).
Why $1.09M. The typical detached home sold in Etobicoke West Mall over the past year went for about $1.18M (23 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,512 a year; the typical home sold here pays about $5,100.
Total price vs nearby homes. Fair value about $1.09M, learned from recent GTA sales.
The market behind the math:
About 4.5 months of inventory: 6 detached homes for sale in the area against 4 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $923/sqft against an area asking average of $948/sqft.
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 34 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.14M. 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.
- 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
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Silverthorn Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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 ($923/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Etobicoke West Mall, so I widened the search to the surrounding area.
Based on 34 comparable homes that sold in Etobicoke West Mall over the past two years, from 46 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 $879/sqft; this home lists at $923/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,360 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 739 |
| November 2025 | $1.21M | 596 |
| December 2025 | $1.14M | 384 |
| January 2026 | $1.20M | 285 |
| February 2026 | $1.23M | 453 |
| March 2026 | $1.34M | 580 |
| April 2026 | $1.31M | 776 |
| May 2026 | $1.30M | 861 |
| June 2026 | $1.25M | 772 |
| July 2026 | $1.17M | 684 |
| August 2026 | $1.19M | 552 |
| September 2026 | $1.20M | 678 |
Neighbourhood & location
Etobicoke West Mall, 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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $959,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,308
- Property tax
- $459
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,767
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Toronto municipal land transfer tax
- $20,475
- Estimated closing costs
- $40,950
Plus your down payment of $240,000. 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
- $318,480
- Principal paid down
- $117,294
- Interest paid
- $201,186
- Balance remaining
- $842,705
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 8 whole-home leases in Etobicoke West Mall signed at a median of $3,525 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,463. 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.