28 Martin Grove Road, Toronto, ON
Islington-City Centre West, Toronto · MLS® W14084076
About this home
In short
- Offering 4+1 bedrooms and 5 baths, this impressive home features 9+ ceilings on all three levels, wide-plank engineered floors, in-floor radiant heating and pot...
- The open-concept main floor offers a generous living room with a striking three-sided fireplace, an inviting dining area, a chef's kitchen with an oversized island...
- Upstairs, the remarkable primary retreat features 14ft cathedral ceilings, exposed wood beams, a walk-in dressing room with centre island, a luxurious 5 piece ensuite...
- The finished lower level offers 9' ceilings, polished concrete heated floors, a spacious rec room, a fifth bedroom with ensuite, a brew/prep room, a playroom/flex...
- Great location near Wedgewood Park with outdoor pool and skating rink, great schools including Wedgewood JS and Our Lady of Peace, Kipling Subway/GO station and shops...
Welcome to 28 Martin Grove Road, a spectacular custom home built in 2024, situated on a premium 49 x 110 west-facing lot with outstanding curb appeal. Offering 4+1 bedrooms and 5 baths, this impressive home features 9+ ceilings on all three levels, wide-plank engineered floors, in-floor radiant heating and pot lights throughout and custom 8ft doors. The open-concept main floor offers a generous living room with a striking three-sided fireplace, an inviting dining area, a chef's kitchen with an oversized island, quartz counters, custom cabinetry and a suite of Thermador appliances, a separate indoor kitchen with a wood-burning cooking fireplace and additional prep space, a powder room and a mudroom with built-ins and direct garage access. Upstairs, the remarkable primary retreat features 14ft cathedral ceilings, exposed wood beams, a walk-in dressing room with centre island, a luxurious 5 piece ensuite with a freestanding soaker tub, double vanity, glass shower and a water closet and an adjoining office/lounge with vaulted ceilings and a walkout to a private terrace with a hot tub. Three additional bedrooms with custom closets, a family bathroom and convenient laundry complete the second level. The finished lower level offers 9' ceilings, polished concrete heated floors, a spacious rec room, a fifth bedroom with ensuite, a brew/prep room, a playroom/flex room and ample storage. The comprehensive rebuild also included a new roof, windows, eavestroughs, furnace, electrical, plumbing and upgraded insulation. Rare triple attached garage and oversized private driveway with gate provide parking for 6+ cars. New natural stone hardscaping and interlock walkways add a refined finish to the private, fully fenced backyard. Great location near Wedgewood Park with outdoor pool and skating rink, great schools including Wedgewood JS and Our Lady of Peace, Kipling Subway/GO station and shops at Six Points and Farm Boy. An exceptional turnkey home in a convenient Etobicoke location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W14084076
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 49 × 110 ft
- Cross streets
- Martin Grove Road and Mervyn Avenue
- Parking
- 3 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air, Wall Unit(s)
- Exterior
- Stone, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,693 / 2025
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
laundry sink · b/i shelves · quartz counter
pot lights · hardwood floor · large window
hardwood floor · gas fireplace · large window
pot lights · heated floor · hardwood floor
walk-in closet(s) · 5 pc ensuite · beamed ceilings
pot lights · heated floor · concrete floor
hardwood floor · double closet · heated floor
Concrete Floor
w/o to terrace · vaulted ceiling(s) · pot lights
concrete floor · above grade window · stainless steel sink
hardwood floor · double closet · heated floor
b/i shelves · hardwood floor · access to garage
stainless steel appl · centre island · quartz counter
pot lights · heated floor · concrete floor
heated floor · 3 pc ensuite · walk-in closet(s)
wood stove · combined w/kitchen · pot lights
pot lights · heated floor · concrete floor
hardwood floor · large window · double closet
Listed at $2,678,000. 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 $2.61M, if it sells. A realistic range is $2.44M to $2.94M.
Independent value check: $2.43M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $2.28M and $2.55M).
Why $2.43M. 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 $10,693 a year; the typical home sold here pays about $6,100.
- ▲ Raises it stronglyIt is 2,500 to 3,000 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.
- ▼ Lowers it slightlyIts lot is 49 by 110 ft; the typical lot sold here is 50 by 133.
Total price vs nearby homes. Likely closing about $2.61M, from 36 recent closings in this pocket.
The market behind the math:
About 1.3 months of inventory: 16 detached homes for sale in the area against 36 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $974/sqft against an area asking average of $881/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 36 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.87M. 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.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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.
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 $757/sqft; this home lists at $974/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold 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.
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 | $1.47M | 15 |
| November 2025 | $1.42M | 16 |
| December 2025 | $1.40M | 10 |
| February 2026 | $1.52M | 8 |
| March 2026 | $1.19M | 6 |
| April 2026 | $1.51M | 16 |
| May 2026 | $1.24M | 14 |
| June 2026 | $1.23M | 14 |
| July 2026 | $1.16M | 8 |
| August 2026 | $2.13M | 9 |
| September 2026 | $1.24M | 15 |
Neighbourhood & location
Islington-City Centre West, 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 16, 2026); conventional rates run a little higher.
Mortgage amount $2,142,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,846
- Property tax
- $891
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12,737
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $53,425
- Toronto municipal land transfer tax
- $53,425
- Estimated closing costs
- $106,850
Plus your down payment of $535,600. 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
- $710,742
- Principal paid down
- $261,762
- Interest paid
- $448,980
- Balance remaining
- $1,880,638
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 13 whole-home leases in Islington-City Centre West signed at a median of $6,963 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,959. 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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.