1617 Islington Avenue, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13845716

$1,799,000
For Sale
Listed 18 days agoNo offer date stated
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3+2Bedrooms
3Bathrooms
8Parking
2000-2500Sq ft

About this home

In short

  • Set well back from the street on a 75' x 150' lot, steps from St.
  • It was expanded into an oversized kitchen with 10- foot ceilings flowing into an open living area on a scale you rarely see in a home of this age.
  • Upstairs, the primary has a renovated ensuite and the kids' bathroom has been redone.
  • TNewly built main floor powder room, and the finished basement works as a rec room, office, gym or guest space.
  • The 75-foot frontage and deep lot give you a private backyard with a poured-concrete basketball and pickleball court, and plenty of lawn left over.

Set well back from the street on a 75' x 150' lot, steps from St. George's Golf & Country Club, this two-storey Etobicoke home has been substantially reworked over the past decade. A new circular driveway gives the front real presence, with easy parking for eight cars. Inside, the kitchen is the biggest change. It was expanded into an oversized kitchen with 10- foot ceilings flowing into an open living area on a scale you rarely see in a home of this age. A glass sunroom off the back brings in light all day and opens directly onto the yard. Upstairs, the primary has a renovated ensuite and the kids' bathroom has been redone. TNewly built main floor powder room, and the finished basement works as a rec room, office, gym or guest space. The yard is the other half of the story. The 75-foot frontage and deep lot give you a private backyard with a poured-concrete basketball and pickleball court, and plenty of lawn left over. Mature trees, large lots and quick access to the Islington shops, Richview Library, solid public, Catholic and private schools, Pearson, the highways and downtown.

Key facts

Property type
Detached, 2-Storey
MLS®
W13845716
Bedrooms
3+2 (5 total)
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
75 × 150 ft
Cross streets
Islington Ave/The Kingsway
Parking
8 parking
Driveway
Circular Drive, Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Stone
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,562 / 2026
Days on market
18
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Dining RoomMain3.99 × 7.07 m

hardwood floor · combined w/dining · large window

RecreationLower3.72 × 7.07 m

Laminate

DenMain12.90 × 8.30 m

hardwood floor · large window

Primary BedroomSecond5.64 × 3.99 m

Hardwood Floor

KitchenMain6.13 × 5.67 m

hardwood floor · large window · open concept

BedroomSecond3.90 × 2.74 m

Hardwood Floor

BedroomThird3.90 × 3.81 m

Hardwood Floor

Living RoomMain3.99 × 7.07 m

hardwood floor · combined w/living · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Humber Valley Village Junior Middle School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

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.

Islington-City Centre West
$1.54M
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Willowdale East
$2.29M
Bayview Village
$1.60M

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 Humber Valley Village Junior Middle School
85%
Humber Valley Village Junior Middle SchoolPublic · Elementary · 1.0 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St George's Junior School · Public elementary0.6 km · 81% at standard
Rosethorn Junior School · Public elementary1.3 km · 65% at standard
St Gregory Catholic School · Catholic elementary1.5 km · 83% at standard
Father Serra Catholic School · Catholic elementary1.6 km · 77% at standard
John G Althouse Middle School · Public elementary1.6 km · 88% at standard
All Saints Catholic School · Catholic elementary1.6 km · 65% at standard
St Marcellus Catholic School · Catholic elementary1.8 km · 60% at standard
St Demetrius Catholic School · Catholic elementary1.8 km · 76% at standard
Central Etobicoke High School · Public secondary1.9 km
Hilltop Middle School · Public elementary1.9 km · 62% at standard
Princess Margaret Junior School · Public elementary2.0 km · 60% at standard
Martingrove Collegiate Institute · Public secondary2.1 km · 70% at standard

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

Affordability & Mortgage

Affordability
$8,199/mo
$335KIncome needed
5.4×Price ÷ income
$1,892Weekly cost
$64,910Land 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 $8,199Property tax $630Total carry $8,829

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,588Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$630
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,588

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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
Estimate$4,200/mo
$50,400Gross annual rent
2.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.8%
Gross yield
− Property tax $7,562− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,894

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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