116 Elmcrest Road, Toronto, ON

Eringate-Centennial-West Deane, Toronto · MLS® W13858510

$3,588,000
For Sale
Listed 16 days agoNo offer date stated
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4Bedrooms
5Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Welcome To 116 Elmcrest Road, A Modern Custom Home Situated On A Premium 65 X 155 Ft In Etobicoke's Sought-After Eringate-Centennial-West Deane Neighbourhood.
  • Crafted With Top-Tier Finishes, The Main Level Boasts 9ft Smooth Ceilings, 7" Santorini Hardwood Floors, And A Stunning Foyer Featuring Patagonia Quartzite, Italian...
  • The Heart Of The Home Is A Chef's Kitchen With Custom Carini Walnut And Soft-Touch Black Cabinetry, Illuminated Cristallo Quartzite Backsplash, Black Tempest Leather...
  • The Main Floor Also Offers A Mudroom/Laundry With A Pet Shower, Custom Cabinetry, And A Sleek Powder Room With Radiant Heated Floors.
  • Upstairs, Find 9ft Ceilings, 4 Spacious Bedrooms With Large Closets & Organizers, Second-Floor Laundry, And 3 Spa-Like Baths With Radiant Heated Floors, Wall-Mount...

Look No Further! Welcome To 116 Elmcrest Road, A Modern Custom Home Situated On A Premium 65 X 155 Ft In Etobicoke's Sought-After Eringate-Centennial-West Deane Neighbourhood. Positioned On Toronto's Vibrant Western Edge, This Prime Location Puts Lush Green Spaces, World-Class Sports Facilities, Shopping & Major Transit Routes Right At Your Doorstep. This Home Features Over 4750 SqFt Of Modern Luxury Living. Ostaco Prism Black Windows. Crafted With Top-Tier Finishes, The Main Level Boasts 9ft Smooth Ceilings, 7" Santorini Hardwood Floors, And A Stunning Foyer Featuring Patagonia Quartzite, Italian Light Fixtures, And A White Oak Mono-Beam Staircase With Glass Railings And Tread Lighting. The Heart Of The Home Is A Chef's Kitchen With Custom Carini Walnut And Soft-Touch Black Cabinetry, Illuminated Cristallo Quartzite Backsplash, Black Tempest Leather Slab Island, And Built-In Premium Appliances Including A Fulgor Milano Espresso Maker. Relax In The Spacious Living Room O/Looking The Oversized Backyard And Centered Around A 2-Sided 360-Degree Dimplex Opti-Myst Electric Fireplace And An 85" Tv. The Main Floor Also Offers A Mudroom/Laundry With A Pet Shower, Custom Cabinetry, And A Sleek Powder Room With Radiant Heated Floors. Upstairs, Find 9ft Ceilings, 4 Spacious Bedrooms With Large Closets & Organizers, Second-Floor Laundry, And 3 Spa-Like Baths With Radiant Heated Floors, Wall-Mount Toilets, And Led Anit-Fog Mirrors. The Primary Suite Features A Luxury Ensuite With Tenzo Italian Fixtures And Custom Vanity. The W/O Basement Features About 8ft Ceilings, Rough-In For A Kitchen, Rough-In For Wiring For A Home Theater/Golf Simulator, A Brick Veneer Wine Cellar With Cedar Shelving And A Hidden Crawl Space For Extra Storage. Outdoors, Enjoy An Indiana Limestone & Stucco Exterior, A Large Wooden Deck, Rustic Covered Under-Deck Patio, Gas Fireplace With Bbq Hookup, Irrigation System, & A 121-Jet Oxford Spa Jacuzzi. A True Masterpiece Of Modern Elegance! Don't Miss!

Key facts

Property type
Detached, 2-Storey
MLS®
W13858510
Bedrooms
4
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
65.25 × 155.01 ft
Cross streets
RENFORTH / RATHBURN RD
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,462 / 2026
Days on market
16
Listing brokerage
ROYAL LEPAGE REALTY CENTRE

Rooms

Mud RoomMain4.05 × 2.12 m

porcelain floor · quartz counter · laundry sink

OfficeMain2.80 × 2.43 m

hardwood floor · pot lights

Bedroom 2Second3.35 × 4.26 m

hardwood floor · 3 pc ensuite · closet

Bedroom 4Second3.61 × 3.31 m

hardwood floor · semi ensuite · walk-in closet(s)

PlayBasement4.16 × 3.64 m

vinyl floor · pot lights · open concept

SunroomBasement3.51 × 3.91 m

vinyl floor · skylight · w/o to terrace

Game RoomBasement5.71 × 4.72 m

vinyl floor · pot lights · separate room

Cold Room/CantinaBasement1.45 × 5.12 m

Porcelain Floor

RecreationBasement2.43 × 13.93 m

vinyl floor · pot lights · open concept

Utility RoomBasement2.08 × 3.63 m

Porcelain Floor

LaundrySecond3.63 × 1.60 m

porcelain floor · quartz counter · laundry sink

Dining RoomMain4.44 × 3.53 m

hardwood floor · fireplace · formal rm

Living RoomMain4.91 × 5.01 m

hardwood floor · fireplace · w/o to patio

KitchenMain4.81 × 6.47 m

modern kitchen · backsplash · breakfast bar

Primary BedroomSecond4.91 × 4.57 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Bedroom 3Second3.32 × 3.96 m

hardwood floor · semi ensuite · walk-in closet(s)

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

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

What sellers nearby are askingCurrently listed nearby in Eringate-Centennial-West Deane · asking prices
$1.55Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $809/sqft; this home lists at $1,104/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
3.59MThis home1.80M2.00M1.35M1.23M1.36MThis home vs active comparables

Neighbourhood & location

Eringate-Centennial-West Deane, 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
Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Silverthorn Collegiate Institute
68%
Silverthorn Collegiate InstitutePublic · Secondary · 1.1 km awayBelow the GTA average · 68% meet the provincial standard
Seneca SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Mill Valley Junior School · Public elementary0.3 km · 90% at standard
Hollycrest Middle School · Public elementary1.1 km · 75% at standard
Broadacres Junior Public School · Public elementary1.2 km · 55% at standard
Wellesworth Junior School · Public elementary1.3 km · 58% at standard
Bloordale Middle School · Public elementary1.5 km · 69% at standard
Michael Power/St Joseph High School · Catholic secondary1.5 km · 78% at standard
Millwood Junior School · Public elementary1.7 km · 65% at standard
Mother Cabrini Catholic School · Catholic elementary1.9 km · 83% at standard
St Clement Catholic School · Catholic elementary1.9 km · 85% at standard
Eatonville Junior School · Public elementary2.0 km · 75% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.0 km
West Glen Junior School · Public elementary2.1 km · 57% at standard

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

Affordability & Mortgage

Affordability
$16,353/mo
$653KIncome needed
5.5×Price ÷ income
$3,774Weekly cost
$158,230Land 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.

94%mortgage
Mortgage $16,353Property tax $955Total carry $17,308

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,871per month

Mortgage amount $2,870,400 · 4.49% over 25 years

$717,600Down payment (20.0%)
$2,870,400Loan before insurance
$0CMHC premium
$16,826Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,871
Property tax
$955
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$16,826

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

One-time closing costs

Ontario land transfer tax
$76,175
Toronto municipal land transfer tax
$82,055
Estimated closing costs
$158,230

Plus your down payment of $717,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$19,209/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

$1,890,880Total interest paid
$4,761,280Total of all payments
Principal $2,870,400 Interest $1,890,880
YearPrincipalInterestBalance
1$64,055$126,396$2,806,345
2$66,963$123,488$2,739,381
3$70,004$120,447$2,669,378
4$73,182$117,269$2,596,195
5$76,505$113,946$2,519,690
6$79,979$110,472$2,439,711
7$83,610$106,841$2,356,101
8$87,406$103,045$2,268,695
9$91,375$99,076$2,177,320
10$95,524$94,927$2,081,796
11$99,861$90,590$1,981,935
12$104,395$86,056$1,877,540
13$109,135$81,316$1,768,406
14$114,090$76,361$1,654,315
15$119,270$71,181$1,535,045
16$124,686$65,766$1,410,360
17$130,347$60,104$1,280,013
18$136,265$54,186$1,143,748
19$142,452$47,999$1,001,296
20$148,920$41,531$852,376
21$155,681$34,770$696,694
22$162,750$27,701$533,944
23$170,140$20,312$363,805
24$177,865$12,587$185,940
25$185,940$4,511$0

At the end of your 5-year term

Total paid over the term
$952,256
Principal paid down
$350,710
Interest paid
$601,546
Balance remaining
$2,519,690

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$6,300/mo
$75,600Gross annual rent
1.5%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.

2.1%
Gross yield
− Property tax $11,462− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $54,422

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

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