35 Burnelm Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13856934

$2,285,000
For Sale
Listed 13 days agoNo offer date stated
Request a showing
◎ Directions
4+1Bedrooms
5Bathrooms
1Garage · 3 parking
3000-3500Sq ft

About this home

In short

  • This Unique, Custom Built Elegant Home Finished With the Highest Quality Materials And Found In A Perfect Etobicoke Location.
  • Ft Of Luxurious Living Space With Exquisite Details Featuring Soaring Ceilings 10' On Main Foolr & 9' On Second, 2 Large Skylights Provide Abundance Of Natural Light...
  • Hardwood Throughout, 2 Gas Fireplaces, Heated Floors, & A Car Garage With A Lift For Hobby Car Or Boat.
  • The Open-Concept, Sun Filled Chef's Kitchen Is An Entertainer's Dream, Boasting Quartz Countertops & Backsplash, Large Centre Island, Custom Cabinetry & High-End...

This Unique, Custom Built Elegant Home Finished With the Highest Quality Materials And Found In A Perfect Etobicoke Location. 3000+ Sq.Ft Of Luxurious Living Space With Exquisite Details Featuring Soaring Ceilings 10' On Main Foolr & 9' On Second, 2 Large Skylights Provide Abundance Of Natural Light To The Main & 2nd Level. This House is Perfect For Large Families Or New Couples Looking To Settle Down For The Future. Hardwood Throughout, 2 Gas Fireplaces, Heated Floors, & A Car Garage With A Lift For Hobby Car Or Boat. The Open-Concept, Sun Filled Chef's Kitchen Is An Entertainer's Dream, Boasting Quartz Countertops & Backsplash, Large Centre Island, Custom Cabinetry & High-End DACOR Appliances & Walk Out To The Garden. What more could you wish for in your next home?

Key facts

Property type
Detached, 2-Storey
MLS®
W13856934
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
40.72 × 148.41 ft
Cross streets
Martin Grove / Burnhamthorpe
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Stone
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,600 / 2026
Days on market
13
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Second3.77 × 3.86 m

hardwood floor · closet

Bedroom 3Second4.07 × 3.25 m

hardwood floor · closet organizers

Living RoomMain4.26 × 3.81 m

hardwood floor · picture window · overlooks frontyard

Primary BedroomSecond5.02 × 5.48 m

hardwood floor · walk-in closet(s) · 6 pc bath

KitchenLower3.86 × 2.43 m

porcelain floor · modern kitchen · centre island

KitchenMain4.98 × 3.81 m

modern kitchen · open concept · centre island

Bedroom 4Second4.40 × 3.04 m

hardwood floor · closet organizers · 3 pc ensuite

Bedroom 5Lower2.74 × 2.74 m

Laminate

Family RoomMain4.98 × 5.78 m

gas fireplace · open concept · walk-out

RecreationLower11.00 × 3.86 m

open concept · laminate

Dining RoomMain4.20 × 3.81 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.23Mlikely sale price

Listed at $2,285,000. 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 $2.23M, if it sells. A realistic range is $2.09M to $2.51M.

Independent value check: $2.41M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $2.26M and $2.52M).

Why $2.41M. 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 $10,600 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
$2.09MBelow recent closings$2.51MAbove recent closings

Total price vs nearby homes. Likely closing about $2.23M, 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
13days on market so far
$7,592/moest. rent · 14 leases
4.0%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 $703/sqft against an area asking average of $835/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Islington-City Centre West: 29 of the 170 detached leases here lately were basement units, around $2,100 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 highlights5 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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.

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
$2.51Mavg 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 $771/sqft; this home lists at $703/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.29MThis home2.25M2.49M2.59M2.70MThis 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
$1.25M
Oakwood Village
$1.74M
Bedford Park-Nortown
$2.99M
Lawrence Park South
$2.67M
Lansing-Westgate
$2.60M

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 Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 1.0 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Wedgewood Junior School · Public elementary0.2 km · 79% at standard
West Glen Junior School · Public elementary1.1 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.1 km
Etobicoke Secondary Alternative School · Public secondary1.4 km
St Elizabeth Catholic School · Catholic elementary1.4 km · 82% at standard
St Gregory Catholic School · Catholic elementary1.6 km · 83% at standard
Islington Junior Middle School · Public elementary1.7 km · 66% at standard
Eatonville Junior School · Public elementary1.7 km · 75% at standard
Rosethorn Junior School · Public elementary1.7 km · 65% at standard
Broadacres Junior Public School · Public elementary1.9 km · 55% at standard
Bloordale Middle School · Public elementary2.0 km · 69% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary2.1 km · 83% at standard

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

Affordability & Mortgage

Affordability
$10,414/mo
$427KIncome needed
5.3×Price ÷ income
$2,403Weekly cost
$87,200Land 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.

92%mortgage
Mortgage $10,414Property tax $883Total carry $11,298

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)
$10,107per month

Mortgage amount $1,828,000 · 4.49% over 25 years

$457,000Down payment (20.0%)
$1,828,000Loan before insurance
$0CMHC premium
$10,991Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,107
Property tax
$883
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,991

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

One-time closing costs

Ontario land transfer tax
$43,600
Toronto municipal land transfer tax
$43,600
Estimated closing costs
$87,200

Plus your down payment of $457,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,233/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

$1,204,198Total interest paid
$3,032,198Total of all payments
Principal $1,828,000 Interest $1,204,198
YearPrincipalInterestBalance
1$40,793$80,495$1,787,207
2$42,645$78,643$1,744,561
3$44,582$76,706$1,699,980
4$46,606$74,682$1,653,374
5$48,722$72,566$1,604,652
6$50,934$70,354$1,553,718
7$53,247$68,041$1,500,471
8$55,664$65,624$1,444,807
9$58,192$63,096$1,386,615
10$60,834$60,454$1,325,782
11$63,596$57,692$1,262,186
12$66,483$54,804$1,195,702
13$69,502$51,786$1,126,200
14$72,658$48,630$1,053,543
15$75,957$45,331$977,586
16$79,405$41,883$898,181
17$83,011$38,277$815,170
18$86,780$34,508$728,390
19$90,720$30,568$637,670
20$94,839$26,449$542,831
21$99,145$22,143$443,686
22$103,647$17,641$340,040
23$108,353$12,935$231,687
24$113,272$8,016$118,415
25$118,415$2,873$0

At the end of your 5-year term

Total paid over the term
$606,440
Principal paid down
$223,348
Interest paid
$383,092
Balance remaining
$1,604,652

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
3.0%Cap rate after taxes and upkeep
$7,064 to $8,406Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Islington-City Centre West (29 of 170 recent detached leases were basement units, around $2,100 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,100 a month on top of the upper floors. Permitted use is worth confirming with the city.

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.

4.0%
Gross yield
− Property tax $10,600− Insurance $1,400− Vacancy & upkeep $10,021Net operating income $69,083

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing