10 Yarn Road, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14029832

$1,289,000
For Sale
Listed 7 days agoNo offer date stated
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3+2Bedrooms
2Bathrooms
5Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 10 Yarn Road, a beautifully maintained detached bungalow situated on a generous 40 x 125 ft lot in a desirable Etobicoke neighbourhood.
  • The bright and inviting main floor features three bedrooms, hardwood flooring, comfortable living and dining areas, and a renovated kitchen with white cabinetry and...
  • The finished lower level offers a separate entrance, two additional bedrooms, a second kitchen, a bathroom and a spacious recreation area-ideal for extended family...
  • Major updates include the roof (approximately 2021), all windows (2021), sliding patio doors (2025), furnace (2019), central air conditioning (2026), owned hot-water...

Welcome to 10 Yarn Road, a beautifully maintained detached bungalow situated on a generous 40 x 125 ft lot in a desirable Etobicoke neighbourhood. The bright and inviting main floor features three bedrooms, hardwood flooring, comfortable living and dining areas, and a renovated kitchen with white cabinetry and stainless steel appliances. The finished lower level offers a separate entrance, two additional bedrooms, a second kitchen, a bathroom and a spacious recreation area-ideal for extended family, guests or a home office. Step outside to a private patio and large backyard surrounded by mature trees, offering plenty of room to relax, entertain and play. Complete with a private driveway and conveniently located near schools, parks, shopping, transit and major routes. A move-in-ready home offering space, flexibility and an excellent opportunity in Etobicoke. Major updates include the roof (approximately 2021), all windows (2021), sliding patio doors (2025), furnace (2019), central air conditioning (2026), owned hot-water tank (2022), and upgraded R60 attic insulation (2021).

Key facts

Property type
Detached, Bungalow
MLS®
W14029832
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
40 × 125 ft
Cross streets
Bloor/ The East Mall
Parking
5 parking
Driveway
Private
Basement
Separate Entrance, Apartment, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$5,739 / 2026
Days on market
7
Listing brokerage
EXP REALTY

Rooms

Dining RoomMain2.46 × 3.91 m
Bedroom 2Main3.81 × 2.84 m
Bedroom 4Basement5.56 × 3.23 m
Bedroom 3Ground3.12 × 3.00 m
KitchenBasement4.14 × 3.56 m
Bedroom 5Basement2.64 × 3.53 m
Primary BedroomMain3.61 × 3.35 m
Living RoomMain2.16 × 1.24 m
KitchenMain4.32 × 3.15 m
RecreationBasement3.30 × 5.61 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.25Mlikely sale price

Listed at $1,289,000. 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 $1.25M, if it sells. A realistic range is $1.17M to $1.41M.

Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.07M and $1.19M).

Why $1.14M. 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:

  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,739 a year; the typical home sold here pays about $6,100.
  • ▼ Lowers it slightlyIts lot is 40 by 125 ft; the typical lot sold here is 50 by 133.
  • ▼ Lowers it slightly3+2 bedrooms and 2 baths, against 3+1 and 3 typically.
List price
$1.17MBelow recent closings$1.41MAbove recent closings

Total price vs nearby homes. Likely closing about $1.25M, 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
7days on market so far
$3,611/moest. rent · 42 leases
3.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 13 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 $992/sqft against an area asking average of $1,026/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed 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 172 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 $1.19M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($992/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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
$1.14Mavg 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 $877/sqft; this home lists at $992/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.29MThis home1.19M1.39M925k900k1.30MThis 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
$1.63M
Mimico
$1.40M
Willowridge-Martingrove-Richview
$1.10M
Leaside
$1.55M
Lansing-Westgate
$1.60M

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 · 0.5 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 11 more schools within 2.5 km
Etobicoke Secondary Alternative School · Public secondary0.1 km
Eatonville Junior School · Public elementary1.2 km · 75% at standard
Wedgewood Junior School · Public elementary1.4 km · 79% at standard
Bloordale Middle School · Public elementary1.7 km · 69% at standard
St Clement Catholic School · Catholic elementary1.7 km · 85% at standard
Our Lady of Peace Catholic School · Catholic elementary1.7 km · 71% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.9 km
Millwood Junior School · Public elementary2.0 km · 65% at standard
West Glen Junior School · Public elementary2.0 km · 57% at standard
Broadacres Junior Public School · Public elementary2.3 km · 55% at standard
Silverthorn Collegiate Institute · Public secondary2.3 km · 68% at standard

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

Affordability & Mortgage

Affordability
$5,875/mo
$242KIncome needed
5.3×Price ÷ income
$1,356Weekly cost
$44,510Land 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 $5,875Property tax $478Total carry $6,353

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,702per month

Mortgage amount $1,031,200 · 4.49% over 25 years

$257,800Down payment (20.0%)
$1,031,200Loan before insurance
$0CMHC premium
$6,180Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,702
Property tax
$478
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,180

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

One-time closing costs

Ontario land transfer tax
$22,255
Toronto municipal land transfer tax
$22,255
Estimated closing costs
$44,510

Plus your down payment of $257,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,901/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

$679,305Total interest paid
$1,710,505Total of all payments
Principal $1,031,200 Interest $679,305
YearPrincipalInterestBalance
1$23,012$45,408$1,008,188
2$24,057$44,363$984,131
3$25,149$43,271$958,982
4$26,291$42,129$932,691
5$27,485$40,935$905,206
6$28,733$39,688$876,474
7$30,037$38,383$846,437
8$31,401$37,019$815,036
9$32,827$35,593$782,209
10$34,317$34,103$747,892
11$35,875$32,545$712,016
12$37,504$30,916$674,512
13$39,207$29,213$635,305
14$40,987$27,433$594,318
15$42,848$25,572$551,470
16$44,794$23,627$506,676
17$46,827$21,593$459,849
18$48,954$19,467$410,895
19$51,176$17,244$359,719
20$53,500$14,920$306,219
21$55,929$12,491$250,290
22$58,468$9,952$191,821
23$61,123$7,297$130,698
24$63,898$4,522$66,800
25$66,800$1,621$0

At the end of your 5-year term

Total paid over the term
$342,101
Principal paid down
$125,994
Interest paid
$216,107
Balance remaining
$905,206

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 42 whole-home leases in Islington-City Centre West$3,611/mo
$43,332Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,347 to $4,073Typical rent range
~27 daysTo find a tenant, on average

The suite is real income here: basements rent in Islington-City Centre West (29 of 172 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 42 whole-home leases in Islington-City Centre West signed at a median of $3,629 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,611. 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.

3.4%
Gross yield
− Property tax $5,739− Insurance $1,400− Vacancy & upkeep $4,767Net operating income $31,426

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

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