78 Meadowbank Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13872494
About this home
In short
- Drive by in the evening and you'll find yourself slowing down.
- Set well back from the street in its own private 85x146 foot wide treed setting, the house glows from every window, warm light spilling through the trees and across...
- Once a traditional centre-plan residence, this stately home has been thoughtfully reimagined into something genuinely rare: 2500SF + of classic craftsmanship made for...
- Warm hardwoods and traditional detail meet vaulted ceilings and an abundance of space.
- A separate entrance from double car garage and powder room complete the floor.
Drive by in the evening and you'll find yourself slowing down. Set well back from the street in its own private 85x146 foot wide treed setting, the house glows from every window, warm light spilling through the trees and across the lawn. It stirs a quiet sense of wonder about the life inside. Here's your answer. Once a traditional centre-plan residence, this stately home has been thoughtfully reimagined into something genuinely rare: 2500SF + of classic craftsmanship made for modern life. Warm hardwoods and traditional detail meet vaulted ceilings and an abundance of space. Vast without feeling lost. From the moment you step into the foyer, this home holds you. A large living room anchored by a gas fireplace opens to a formal dining room that flows into a galley eat-in kitchen built for the way we actually live. From there, the laundry mudroom, a spectacular yard made for gathering, or the pull of the sunken main-level family room. A separate entrance from double car garage and powder room complete the floor. Upstairs is equally impressive. Three plus one oversized bedrooms, each with built-in storage and loads of character. The sunken principal suite is anchored by its own fireplace and ten closets (not a typo), with a luxe ensuite completing the retreat. A private office floats above the family room, bathed in light from abundant skylights. The other bedrooms share a Jack and Jill bath that won't disappoint. Pause up here among the treetops. You'll understand this home. The lower level brings a fourth fireplace, a family room, a wet bar and room for whatever comes next. Then there's the land. 85 x 146 feet of pure privacy, with expansive decks front and rear and a side yard that earns the word garden. A lot like this is rare anywhere, let alone in one of Etobicoke's most sought-after pockets. Come see what's glowing behind those windows.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13872494
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 85 × 146 ft
- Cross streets
- Martin Grove Road and Burnhamthorpe Rd
- Parking
- 2 garage · 7 parking (built-in)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Wood , Other
- Foundation
- Poured Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,851 / 2025
- Days on market
- 12
- Listing brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rooms
hardwood floor · large window
vaulted ceiling(s) · skylight
skylight · hardwood floor · fireplace
fireplace · hardwood floor · large window
laundry sink · walk-out · large window
wet bar · fireplace
2 Pc Bath
3 Pc Ensuite
fireplace · vaulted ceiling(s) · b/i closet
eat-in kitchen · w/o to deck · stainless steel appl
hardwood floor · b/i closet · large window
5 pc bath · soaking tub · vaulted ceiling(s)
hardwood floor · 3 pc ensuite · large window
large window · heated floor
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $766/sqft; this home lists at $690/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Islington-City Centre West, Toronto, ON
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,518,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,395
- Property tax
- $654
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,050
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,435
- Toronto municipal land transfer tax
- $34,435
- Estimated closing costs
- $68,870
Plus your down payment of $379,600. 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
- $503,730
- Principal paid down
- $185,520
- Interest paid
- $318,209
- Balance remaining
- $1,332,880
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.