1372 Islington Avenue, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13830658
About this home
In short
- Set on an expansive 50' x 395' lot with a coveted west view over the fairway of Islington Golf Club's third hole, this three-bedroom, century-old home blends timeless...
- A double car garage serves the home today, and with a lot nearly 400 feet deep, there's ample room to design in a three-car garage or additional convenient parking to...
- Everyday conveniences are just a short walk away, from Thorncrest Village Plaza and the Montgomery Inn Farmers' Market to Thomas Riley Park, Memorial Pool, and...
Set on an expansive 50' x 395' lot with a coveted west view over the fairway of Islington Golf Club's third hole, this three-bedroom, century-old home blends timeless historic charm with truly unmatched potential. Framed by mature trees and sweeping green views, it offers a rare combination of privacy and prestige in one of Etobicoke's most sought-after pockets. Whether you're envisioning a lovingly restored heritage residence, a custom new build, or a multi-unit family compound, this generous parcel gives you the space and setting to bring your vision to life. Fall for the home's quaint, classic character and move right in, or plan your dream build for tomorrow. A double car garage serves the home today, and with a lot nearly 400 feet deep, there's ample room to design in a three-car garage or additional convenient parking to suit your plans. Families will love being surrounded by highly rated schools, including Etobicoke Collegiate Institute, Kingsway College School, Our Lady of Sorrows, and St. Gregory. Everyday conveniences are just a short walk away, from Thorncrest Village Plaza and the Montgomery Inn Farmers' Market to Thomas Riley Park, Memorial Pool, and Islington subway for an easy commute. An ideal opportunity for those seeking to add value in the prime Princess-Rosethorn neighbourhood, where location, land, and lifestyle meet in one address. Bring your imagination, and discover everything this exceptional property can become.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13830658
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 50 × 395 ft
- Cross streets
- Islington Ave and Riverbank Drive
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Private Double, Private
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $7,458 / 2025
- Days on market
- 24
- Listing brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Rooms
laminate · sump pump · window
window · breakfast bar · combined w/dining
window · closet · hardwood floor
window · closet · hardwood floor
large window · brick fireplace · hardwood floor
window · linen closet
window · closet · hardwood floor
soaking tub · laminate · window
picture window · panelled
Listed at $1,599,900. Going by how homes in Princess-Rosethorn and the wider GTA have actually closed against their asking prices (about 98%, 22 local closings in 90 days), the likely sale price is near $1.57M, if it sells. A realistic range is $1.47M to $1.77M.
Independent value check: $1.66M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.55M and $1.74M).
Why $1.66M. The typical detached home sold in Princess-Rosethorn over the past year went for about $1.78M (98 sales). What sets this one apart:
- ▲ Raises it stronglyIts lot is 50 by 395 ft; the typical lot sold here is 55 by 120.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,750 to 2,250.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $7,458 a year; the typical home sold here pays about $8,400.
- ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.57M, from 22 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 6 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,231/sqft against an area asking average of $932/sqft.
- Walk-out 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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.48M. 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
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
There were not many closely comparable homes right in Princess-Rosethorn, so I widened the search to the surrounding area.
Based on 22 comparable homes that sold in Princess-Rosethorn over the past two years, from 206 closings there.
For sale
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.66M, which is where my estimate comes from.
Per square foot, these ask about $1,144/sqft; this home lists at $1,231/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Princess-Rosethorn: $1.37M in September 2026, down 27% from a year ago, on 89 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.13M | 21 |
| November 2025 | $1.76M | 13 |
| March 2026 | $2.04M | 6 |
| April 2026 | $1.89M | 9 |
| May 2026 | $1.68M | 8 |
| June 2026 | $1.51M | 10 |
| July 2026 | $1.60M | 9 |
| August 2026 | $1.31M | 7 |
| September 2026 | $1.37M | 6 |
Neighbourhood & location
Princess-Rosethorn, 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: 9 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,279,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,077
- Property tax
- $622
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,698
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,473
- Toronto municipal land transfer tax
- $28,473
- Estimated closing costs
- $56,946
Plus your down payment of $319,980. 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
- $424,614
- Principal paid down
- $156,383
- Interest paid
- $268,231
- Balance remaining
- $1,123,537
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
About the suite: in Princess-Rosethorn basements rarely rent out (6 of 62 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 7 whole-home leases in Princess-Rosethorn signed at a median of $4,119 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,110. 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 SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.