118 Warwood Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13847108

$2,999,999
For Sale
Listed 18 days agoNo offer date stated
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4Bedrooms
5Bathrooms
1.5Garage · 7.5 parking
3000-3500Sq ft

About this home

In short

  • Welcome to 118 Warwood Road- a striking modern farmhouse situated on an estate size 73' x 155' lot in Etobicoke's exclusive Glen Park community.
  • This custom rebuilt residence pairs timeless architectural design with exceptional craftsmanship and scale rarely found in the city.
  • The interior showcases open, sunlit spaces with vaulted ceilings, a 10 foot quartz island, custom cabinetry, and a full walk-in pantry.
  • Designed for entertaining and everyday luxury, the property includes a saltwater pool, new cabana, and meticulously landscaped grounds- all finished to the highest...
  • With Highway 427, Pearson Airport, and downtown Toronto, all within an easy reach, this location combines city accessibility with a rare sense of space and privacy.

Welcome to 118 Warwood Road- a striking modern farmhouse situated on an estate size 73' x 155' lot in Etobicoke's exclusive Glen Park community. This custom rebuilt residence pairs timeless architectural design with exceptional craftsmanship and scale rarely found in the city. A wraparound front porch frames the home's impressive facade, and provides a welcoming space for conversation, relaxation, or simply appreciating the beauty of its surroundings. The interior showcases open, sunlit spaces with vaulted ceilings, a 10 foot quartz island, custom cabinetry, and a full walk-in pantry. Flooded with natural light from its large windows and dramatic sliding doors. The home offers a bright, airy ambiance year-round. Designed for entertaining and everyday luxury, the property includes a saltwater pool, new cabana, and meticulously landscaped grounds- all finished to the highest standards. Set in one of Etobicoke's most desirable neighbourhoods, Glen Park is a community defined by connection, convenience, and pride of ownership. The Glen Park Homeowners Association organizes seasonal events that foster a genuine sense of neighbourhood spirit. Families appreciate the areas top-rated schools, close-knit streets, and access to excellent amenities-from local shops and cafes to public libraries and recreational facilities. Nearby West Deane Park offers kilometers of scenic trails for walking and cycling. With Highway 427, Pearson Airport, and downtown Toronto, all within an easy reach, this location combines city accessibility with a rare sense of space and privacy. 118 Warwood Road delivers the best of Etobicoke living- a property that embodies quality, scale, and enduring style in a community where every detail contributes to an exceptional way of life. Few communities capture such a rare balance of connection, comfort, and sophistication-Glen Park stands as a place that truly enriches the lives of those who call it home.

Key facts

Property type
Detached, 2-Storey
MLS®
W13847108
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
73 × 155 ft
Cross streets
Martin Grove/Rathburn/Burnhamthorpe
Parking
1.5 garage · 7.5 parking (attached)
Driveway
Private Double
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Poured Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$6,561 / 2025
Days on market
18
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Bedroom 4Second3.83 × 3.33 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

Bedroom 3Second3.65 × 3.47 m

4 pc ensuite · b/i closet · vaulted ceiling(s)

Great RoomMain5.67 × 4.21 m

floor/ceil fireplace · sliding doors · w/o to porch

OtherBasement2.39 × 2.00 m

led lighting · vinyl floor · enclosed

Primary BedroomSecond5.80 × 4.41 m

5 pc ensuite · vaulted ceiling(s) · w/o to terrace

OtherSecond4.44 × 3.10 m

vaulted ceiling(s) · b/i closet · large window

KitchenLower3.28 × 2.22 m

led lighting · quartz counter · b/i appliances

Game RoomLower11.84 × 5.48 m

vinyl floor · led lighting · above grade window

Dining RoomMain6.82 × 4.52 m

casement windows · combined w/kitchen · combined w/great rm

Bedroom 2Second3.57 × 3.47 m

3 pc ensuite · b/i closet · vaulted ceiling(s)

LaundrySecond2.93 × 2.72 m

custom backsplash · quartz counter · stainless steel sink

Utility RoomLower6.98 × 2.43 m

concrete floor · led lighting · enclosed

FoyerMain5.95 × 3.59 m

vaulted ceiling(s) · large closet · staircase

KitchenMain5.05 × 4.47 m

centre island · b/i appliances · breakfast area

PantryMain3.59 × 1.95 m

large window · b/i appliances · quartz counter

Mud RoomMain6.46 × 1.85 m

access to garage · large window · b/i closet

OfficeMain3.38 × 2.62 m

coffered ceiling(s) · french doors · casement windows

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.91Mlikely sale price

Listed at $2,999,999. 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 $2.91M, if it sells. A realistic range is $2.73M to $3.28M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$2.73MBelow recent closings$3.28MAbove recent closings

Total price vs nearby homes. Likely closing about $2.91M, from 36 recent closings in this pocket.

The market behind the math:

36sold nearby · 90 days
$1.49Mmedian sold price
97%of asking, on average
+0%prices vs a year ago
~22 dayshomes like this take to sell
18days on market so far
$7,381/moest. rent · 7 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 17 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 $923/sqft against an area asking average of $820/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 $2.39M. 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.

  • 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Bloorlea Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 36 comparable homes that sold in Islington-City Centre West over the past two years, from 254 closings there.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$2.53Mavg 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 $833/sqft; this home lists at $923/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.00MThis home2.70M2.20M2.59M2.49M2.68MThis 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
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Willowdale East
$2.19M

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 · 1.8 km awayAround the GTA average · 70% meet the provincial standard
West Glen Junior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
West Glen Junior School · Public elementary0.5 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary0.6 km
Josyf Cardinal Slipyj Catholic School · Catholic elementary0.9 km · 83% at standard
Broadacres Junior Public School · Public elementary1.3 km · 55% at standard
Wedgewood Junior School · Public elementary1.4 km · 79% at standard
Nativity of Our Lord Catholic School · Catholic elementary1.4 km · 68% at standard
Wellesworth Junior School · Public elementary1.5 km · 58% at standard
Our Lady of Peace Catholic School · Catholic elementary1.6 km · 71% at standard
John G Althouse Middle School · Public elementary1.6 km · 88% at standard
Rosethorn Junior School · Public elementary1.7 km · 65% at standard
Princess Margaret Junior School · Public elementary1.9 km · 60% at standard
Eatonville Junior School · Public elementary1.9 km · 75% at standard

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

Affordability & Mortgage

Affordability
$13,673/mo
$537KIncome needed
5.6×Price ÷ income
$3,155Weekly cost
$122,950Land 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.

96%mortgage
Mortgage $13,673Property tax $547Total carry $14,220

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)
$13,270per month

Mortgage amount $2,399,999 · 4.49% over 25 years

$600,000Down payment (20.0%)
$2,399,999Loan before insurance
$0CMHC premium
$13,817Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,270
Property tax
$547
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,817

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

One-time closing costs

Ontario land transfer tax
$61,475
Toronto municipal land transfer tax
$61,475
Estimated closing costs
$122,950

Plus your down payment of $600,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$16,061/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

$1,581,003Total interest paid
$3,981,002Total of all payments
Principal $2,399,999 Interest $1,581,003
YearPrincipalInterestBalance
1$53,558$105,682$2,346,441
2$55,990$103,251$2,290,452
3$58,532$100,708$2,231,920
4$61,189$98,051$2,170,731
5$63,967$95,273$2,106,764
6$66,872$92,368$2,039,892
7$69,908$89,332$1,969,984
8$73,082$86,158$1,896,901
9$76,400$82,840$1,820,501
10$79,869$79,371$1,740,632
11$83,496$75,744$1,657,136
12$87,287$71,953$1,569,849
13$91,250$67,990$1,478,599
14$95,393$63,847$1,383,206
15$99,724$59,516$1,283,482
16$104,252$54,988$1,179,230
17$108,986$50,255$1,070,245
18$113,934$45,306$956,311
19$119,107$40,133$837,204
20$124,515$34,725$712,689
21$130,168$29,072$582,520
22$136,079$23,162$446,442
23$142,257$16,983$304,185
24$148,716$10,524$155,468
25$155,468$3,772$0

At the end of your 5-year term

Total paid over the term
$796,200
Principal paid down
$293,236
Interest paid
$502,965
Balance remaining
$2,106,764

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 7 whole-home leases in Islington-City Centre West$7,381/mo
$88,572Gross annual rent
2.4%Cap rate after taxes and upkeep
$6,791 to $8,074Typical rent range
~28 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 7 whole-home leases in Islington-City Centre West signed at a median of $5,985 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,381. 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.

3.0%
Gross yield
− Property tax $6,561− Insurance $1,400− Vacancy & upkeep $9,743Net operating income $70,868

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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