47 Great Oak Drive, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13850958
About this home
In short
- Offered for the first time in decades, this exceptional custom-built residence presents a rare opportunity to own a landmark home in the prestigious...
- Built in 1994 and set on a magnificent 70 x 141 ft lot surrounded by mature trees, this beautifully maintained home offers outstanding privacy, timeless...
- The massive lower level, measuring approximately 2,500 sqft, offers exceptional potential, with full insulation and rough-ins already in place for a future custom...
- Enjoy convenient access to golf courses, tennis clubs, community centres, shopping, hospitals, TTC, subway stations, Toronto Pearson International Airport, and major...
Offered for the first time in decades, this exceptional custom-built residence presents a rare opportunity to own a landmark home in the prestigious Princess-Rosethorn community. Built in 1994 and set on a magnificent 70 x 141 ft lot surrounded by mature trees, this beautifully maintained home offers outstanding privacy, timeless craftsmanship, and approximately 4,200 sqft of above-grade living space.Thoughtfully designed and built for family living, the home features expansive principal rooms, a functional layout, and abundant natural light. Meticulously maintained over the years, every detail reflects the pride of ownership and quality construction that have defined this home for decades.The massive lower level, measuring approximately 2,500 sqft, offers exceptional potential, with full insulation and rough-ins already in place for a future custom living area tailored to your family's needs. A rare bonus is the large room beneath the garage, which provides additional flexibility for a workshop, wine cellar, home gym, storage, or specialty area of your choosing.Ideally situated in one of Etobicoke's most sought-after neighbourhoods, this home is within walking distance to top-rated elementary and secondary schools, parks, playgrounds, and recreational facilities. Enjoy convenient access to golf courses, tennis clubs, community centres, shopping, hospitals, TTC, subway stations, Toronto Pearson International Airport, and major highways including the Gardiner Expressway, QEW, 401, and 427.Whether you choose to move in and enjoy this lovingly maintained home or update it to reflect your own vision, 47 Great Oak Drive offers an exceptional opportunity on one of Princess-Rosethorn's most desirable streets. A true legacy property where quality construction, generous proportions, and an unbeatable location come together to create an extraordinary place to call home.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13850958
- Bedrooms
- 6
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 70 × 141 ft
- Cross streets
- Islington Ave. & Rathburn Rd
- Parking
- 2 garage · 8 parking (attached)
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone
- Foundation
- Poured Concrete, Steel Frame
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $13,213 / 2026
- Days on market
- 19
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
closet · overlooks frontyard · window
2 pc ensuite · overlooks frontyard · closet
overlooks frontyard · large window
3 pc ensuite · walk-in closet(s) · overlooks backyard
overlooks frontyard · hardwood floor
overlooks frontyard · closet
gas fireplace · overlooks backyard
overlooks backyard · large window · double doors
centre island · breakfast area · w/o to deck
overlooks backyard · pocket doors · hardwood floor
5 pc ensuite · walk-in closet(s)
Listed at $2,799,999. 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 $2.75M, if it sells. A realistic range is $2.58M to $3.10M.
Independent value check: $3.01M. Without looking at the asking price, our model values the home itself about 8% above the ask (homes like it typically land between $2.82M and $3.15M).
Why $3.01M. 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 tax bill, which follows the city's own assessment, is $13,213 a year; the typical home sold here pays about $8,400.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 1,750 to 2,250.
- ▲ Raises itIts lot is 70 by 141 ft; the typical lot sold here is 55 by 120.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $2.75M, from 22 recent closings in this pocket.
The market behind the math:
About 4.8 months of inventory: 35 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 $659/sqft against an area asking average of $1,060/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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.55M. Condition and finishes remain an in-person call.
Schools & getting aroundcatchment and transit
Its public catchment (Humber Valley Village Junior Middle School) 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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
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.
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 $768/sqft; this home lists at $659/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 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: 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
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 21, 2026); conventional rates run a little higher.
Mortgage amount $2,239,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,385
- Property tax
- $1,101
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,486
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $56,475
- Toronto municipal land transfer tax
- $56,475
- Estimated closing costs
- $112,950
Plus your down payment of $560,000. 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
- $743,120
- Principal paid down
- $273,687
- Interest paid
- $469,434
- Balance remaining
- $1,966,313
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 34 whole-home leases in Princess-Rosethorn signed at a median of $5,243 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,568. 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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.