72 Prennan Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13823448

$2,588,000
For Sale
Listed 21 days agoNo offer date stated
4+1Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Architectural character, solid custom construction & exceptional space define this beautifully maintained 4+1-bedroom, 5-bathroom family home.
  • A dramatic circular painted-oak staircase makes a striking first impression, while soaring ceilings and 2 gas fireplaces plus an ethanol fireplace add warmth throughout.
  • Spectacular 18-ft vaulted ceilings rise above the family room, while the breakfast area is surrounded by floor-to-ceiling solarium windows & sloped architectural...
  • The finished lower level features a professionally built, temperature-controlled wine room with fitted racks & glass entry door, a gym/5th bedroom, a...
  • Set on a 50 x 129.58-ft lot with landscaped front & rear grounds, pool shed/storage, double garage & parking for 4 additional vehicles.

Architectural character, solid custom construction & exceptional space define this beautifully maintained 4+1-bedroom, 5-bathroom family home. A dramatic circular painted-oak staircase makes a striking first impression, while soaring ceilings and 2 gas fireplaces plus an ethanol fireplace add warmth throughout. Separate living & dining rooms bring sophistication and privacy when entertaining, while a main-floor office provides a quiet, dedicated workspace. At the heart of the home, the open-concept kitchen, eat-in breakfast area & family room create an inviting space for everyday living. Spectacular 18-ft vaulted ceilings rise above the family room, while the breakfast area is surrounded by floor-to-ceiling solarium windows & sloped architectural skylights overlooking the landscaped backyard & saltwater in-ground pool. Remote-controlled blinds in the family room & breakfast area offer added comfort & convenience. The kitchen features a 6-burner gas stove, appliances & an impressive pantry. Walk out to the deck with built-in BBQ & remote-controlled retractable awning for covered outdoor dining & entertaining. Upstairs, the primary retreat offers a 5-pc ensuite, walk-in closet & Juliet balcony overlooking the breakfast area. The 2nd bedroom has its own ensuite, while bedrooms 3 & 4 share a 3 PC bath. The finished lower level features a professionally built, temperature-controlled wine room with fitted racks & glass entry door, a gym/5th bedroom, a media/entertainment area, a pool table & built-in wet bar/serving area. Custom sectional, pool table & gym equipment included. Two staircases, including direct garage-to-lower-level access, add outstanding functionality. Set on a 50 x 129.58-ft lot with landscaped front & rear grounds, pool shed/storage, double garage & parking for 4 additional vehicles. A solid, exceptionally well-maintained home ready for its next owners to personalize & make their own.

Key facts

Property type
Detached, 2-Storey
MLS®
W13823448
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
50 × 129.58 ft
Cross streets
Prennan & Mattice
Parking
2 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground, Salt
Property tax
$10,504 / 2025
Days on market
21
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

BreakfastMain3.18 × 3.35 m

hardwood floor · overlooks pool · w/o to deck

Living RoomMain5.49 × 3.66 m

hardwood floor · fireplace · combined w/dining

Dining RoomMain5.75 × 3.66 m

hardwood floor · overlooks backyard · combined w/living

Bedroom 4Second3.61 × 3.35 m

hardwood floor · double closet · large window

Bedroom 2Second4.27 × 4.17 m

hardwood floor · double closet · large window

RecreationBasement7.32 × 4.70 m

hardwood floor · combined w/game · gas fireplace

Exercise RoomBasement4.57 × 3.51 m

broadloom · mirrored closet · window

FoyerMain0.00 × 0.00 m

hardwood floor · closet · circular oak stairs

KitchenMain4.42 × 3.96 m

hardwood floor · open concept · granite counters

OtherBasement1.83 × 1.52 m

ceramic floor · glass doors

Family RoomMain5.69 × 3.96 m

hardwood floor · gas fireplace · vaulted ceiling(s)

Game RoomBasement8.84 × 4.27 m

hardwood floor · combined w/rec · window

LaundryMain2.67 × 2.26 m

ceramic floor · laundry sink

Bedroom 3Second3.66 × 3.40 m

hardwood floor · double closet · window

OfficeMain3.66 × 3.00 m

hardwood floor · window · window

Utility RoomBasement2.74 × 2.74 m

concrete floor · window

Primary BedroomSecond3.96 × 7.75 m

hardwood floor · w/o to balcony · 5 pc ensuite

BathroomBasement0.00 × 0.00 m

ceramic floor · 3 pc bath · heated floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.52Mlikely sale price

Listed at $2,588,000. Going by how homes in Islington-City Centre West and the wider GTA have actually closed against their asking prices (about 97%, 36 local closings in 90 days), the likely sale price is near $2.52M, if it sells. A realistic range is $2.36M to $2.84M.

Independent value check: $2.44M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $2.29M and $2.56M).

Why $2.44M. The typical detached home sold in Islington-City Centre West over the past year went for about $1.32M (131 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,504 a year; the typical home sold here pays about $6,100.
  • ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it4+1 bedrooms and 5 baths, against 3+1 and 3 typically.
List price
$2.36MBelow recent closings$2.84MAbove recent closings

Total price vs nearby homes. Likely closing about $2.52M, from 36 recent closings in this pocket.

The market behind the math:

36sold nearby · 90 days
$1.34Mmedian sold price
97%of asking, on average
−9%prices vs a year ago
~20 dayshomes like this take to sell
21days on market so far
$7,592/moest. rent · 14 leases
3.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 19 detached homes for sale in the area against 36 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $796/sqft against an area asking average of $830/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 36 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 highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. 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 ($796/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 36 comparable homes that sold in Islington-City Centre West over the past two years, from 257 closings there.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$2.43Mavg asking

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 $748/sqft; this home lists at $796/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.59MThis home2.49M2.70M2.29M2.25MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Islington-City Centre West: $1.24M in September 2026, up 5% from a year ago, on 131 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.47M15
November 2025$1.42M16
December 2025$1.40M10
February 2026$1.52M8
March 2026$1.19M6
April 2026$1.51M16
May 2026$1.24M14
June 2026$1.23M14
July 2026$1.16M8
August 2026$2.13M9
September 2026$1.24M15

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
$1.29M
Oakwood Village
$1.74M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M
Lansing-Westgate
$2.83M

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 · 1.6 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Wedgewood Junior School · Public elementary0.6 km · 79% at standard
Islington Junior Middle School · Public elementary0.9 km · 66% at standard
Rosethorn Junior School · Public elementary1.4 km · 65% at standard
St Gregory Catholic School · Catholic elementary1.5 km · 83% at standard
Our Lady of Sorrows Catholic School · Catholic elementary1.7 km · 90% at standard
West Glen Junior School · Public elementary1.8 km · 57% at standard
Etobicoke Secondary Alternative School · Public secondary1.8 km
Burnhamthorpe Collegiate Institute · Public secondary1.8 km
St Elizabeth Catholic School · Catholic elementary2.0 km · 82% at standard
Humber Valley Village Junior Middle School · Public elementary2.3 km · 85% at standard
Norseman Junior Middle School · Public elementary2.4 km · 77% at standard
Eatonville Junior School · Public elementary2.4 km · 75% at standard

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

Affordability & Mortgage

Affordability
$11,795/mo
$479KIncome needed
5.4×Price ÷ income
$2,722Weekly cost
$102,350Land 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 $11,795Property tax $875Total carry $12,671

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,448per month

Mortgage amount $2,070,400 · 4.49% over 25 years

$517,600Down payment (20.0%)
$2,070,400Loan before insurance
$0CMHC premium
$12,323Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,448
Property tax
$875
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,323

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

One-time closing costs

Ontario land transfer tax
$51,175
Toronto municipal land transfer tax
$51,175
Estimated closing costs
$102,350

Plus your down payment of $517,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,855/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

$1,363,879Total interest paid
$3,434,279Total of all payments
Principal $2,070,400 Interest $1,363,879
YearPrincipalInterestBalance
1$46,203$91,169$2,024,197
2$48,300$89,071$1,975,897
3$50,493$86,878$1,925,404
4$52,786$84,585$1,872,618
5$55,183$82,189$1,817,435
6$57,688$79,683$1,759,747
7$60,307$77,064$1,699,440
8$63,046$74,326$1,636,394
9$65,908$71,463$1,570,486
10$68,901$68,471$1,501,586
11$72,029$65,342$1,429,557
12$75,299$62,072$1,354,257
13$78,718$58,653$1,275,539
14$82,292$55,079$1,193,247
15$86,029$51,342$1,107,218
16$89,935$47,436$1,017,283
17$94,018$43,353$923,265
18$98,287$39,084$824,978
19$102,750$34,621$722,228
20$107,415$29,956$614,813
21$112,292$25,079$502,521
22$117,390$19,981$385,130
23$122,720$14,651$262,410
24$128,292$9,079$134,117
25$134,117$3,254$0

At the end of your 5-year term

Total paid over the term
$686,856
Principal paid down
$252,965
Interest paid
$433,891
Balance remaining
$1,817,435

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
From 14 whole-home leases in Islington-City Centre West$7,592/mo
$91,104Gross annual rent
2.7%Cap rate after taxes and upkeep
$7,064 to $8,406Typical rent range
~24 daysTo find a tenant, on average

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

Talk about the numbers

The last 14 whole-home leases in Islington-City Centre West signed at a median of $7,013 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,592. 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.

3.5%
Gross yield
− Property tax $10,504− Insurance $1,400− Vacancy & upkeep $10,021Net operating income $69,179

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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