131 Silverhill Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W14095034

$1,539,000
For Sale
Just listed todayNo offer date stated
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3+2Bedrooms
3Bathrooms
1.5Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Rarely does a home this thoroughly transformed come to market.
  • 131 Silverhill Dr has been rebuilt from the studs out with all new electrical, plumbing, ductwork and insulation.
  • Gleaming hardwood, pot lights, dimmers and Lutron smart switches create a warm, polished feel throughout.
  • With a separate entrance, a full custom galley kitchen with induction cooktop and quartz counters, dedicated laundry, a new 4-piece bath plus a powder room, and a...
  • Set on a quiet, family-friendly street just minutes to Kipling TTC and GO, with quick access toHwy 427, the QEW and Gardiner.

Rarely does a home this thoroughly transformed come to market. 131 Silverhill Dr has been rebuilt from the studs out with all new electrical, plumbing, ductwork and insulation. The big-ticket work is done, so all that's left for you is to move in and enjoy. The main level is anchored by a show-stopping kitchen with custom cabinetry, quartz countertops, a 6 ft island and a built-in eat-in bench made for slow Sunday breakfasts. Premium KitchenAid appliances include a 5-burner gas range and a brand new French door fridge (2026).Gleaming hardwood, pot lights, dimmers and Lutron smart switches create a warm, polished feel throughout. Bedrooms offer new floors, custom closet systems and blackout zebra blinds for restful nights. The bathroom is a true retreat with a custom vanity, custom linen closet, new tub and designer tile.The lower level is a standout of its own. With a separate entrance, a full custom galley kitchen with induction cooktop and quartz counters, dedicated laundry, a new 4-piece bath plus a powder room, and a soundproofed ceiling, it is ideal for rental income, multigenerational living or a nanny suite. Each level has its own laundry with new LG stackable appliances and utility sinks.Step outside and the 2026 upgrades steal the show: a new covered front porch with stone veneer and glass railing adds over 115 sq ft of outdoor living space, complemented by a fresh brick stain and new stone window sills. Out back, enjoy new interlock and a cedar privacy fence with drive-through gates. The brand new 1.5-car garage features 100 amp service, a smart garage door, CAT 6/CAT 7 wiring and fireproof insulation. Parking for 7 cars.Set on a quiet, family-friendly street just minutes to Kipling TTC and GO, with quick access toHwy 427, the QEW and Gardiner. Close to Silverhill Park, Cloverdale Mall, Sherway Gardens, great schools, shopping and dining.Homes renovated to this level don't last. Book your private showing today.

Key facts

Property type
Detached, Bungalow
MLS®
W14095034
Bedrooms
3+2 (5 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
42 × 125 ft
Cross streets
Bloor & Tremont
Parking
1.5 garage · 5 parking (detached)
Driveway
Private
Basement
Full, Finished, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,563 / 2026
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

RecreationLower4.48 × 3.64 m
LaundryLower2.59 × 6.89 m
Bedroom 3Main4.30 × 2.72 m
KitchenMain3.14 × 4.23 m
BedroomLower4.15 × 2.33 m
Primary BedroomMain3.78 × 3.70 m
Bedroom 2Main3.78 × 2.65 m
KitchenLower3.70 × 3.89 m
BedroomLower3.97 × 4.48 m
Dining RoomMain3.14 × 1.70 m
Living RoomMain3.88 × 4.48 m
FoyerMain1.16 × 5.93 m
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

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M

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 · 0.8 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 11 more schools within 2.5 km
Etobicoke Secondary Alternative School · Public secondary0.3 km
Eatonville Junior School · Public elementary1.5 km · 75% at standard
Wedgewood Junior School · Public elementary1.6 km · 79% at standard
Our Lady of Peace Catholic School · Catholic elementary1.8 km · 71% at standard
St Clement Catholic School · Catholic elementary2.0 km · 85% at standard
Bloordale Middle School · Public elementary2.0 km · 69% at standard
Burnhamthorpe Collegiate Institute · Public secondary2.2 km
Millwood Junior School · Public elementary2.3 km · 65% at standard
West Glen Junior School · Public elementary2.3 km · 57% at standard
Lanor Junior Middle School · Public elementary2.5 km · 79% at standard
Islington Junior Middle School · Public elementary2.5 km · 66% at standard

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

Affordability & Mortgage

Affordability
$7,014/mo
$284KIncome needed
5.4×Price ÷ income
$1,619Weekly cost
$54,510Land 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.

94%mortgage
Mortgage $7,014Property tax $464Total carry $7,478

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)
$6,808per month

Mortgage amount $1,231,200 · 4.49% over 25 years

$307,800Down payment (20.0%)
$1,231,200Loan before insurance
$0CMHC premium
$7,271Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,808
Property tax
$464
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,271

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

One-time closing costs

Ontario land transfer tax
$27,255
Toronto municipal land transfer tax
$27,255
Estimated closing costs
$54,510

Plus your down payment of $307,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,239/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

$811,055Total interest paid
$2,042,255Total of all payments
Principal $1,231,200 Interest $811,055
YearPrincipalInterestBalance
1$27,475$54,215$1,203,725
2$28,723$52,968$1,175,002
3$30,027$51,663$1,144,975
4$31,390$50,300$1,113,585
5$32,815$48,875$1,080,770
6$34,305$47,385$1,046,465
7$35,863$45,827$1,010,602
8$37,491$44,199$973,111
9$39,193$42,497$933,917
10$40,973$40,717$892,944
11$42,833$38,857$850,111
12$44,778$36,912$805,333
13$46,811$34,879$758,522
14$48,937$32,754$709,585
15$51,159$30,532$658,427
16$53,481$28,209$604,945
17$55,910$25,781$549,036
18$58,448$23,242$490,588
19$61,102$20,588$429,486
20$63,876$17,814$365,609
21$66,776$14,914$298,833
22$69,808$11,882$229,025
23$72,978$8,712$156,047
24$76,291$5,399$79,755
25$79,755$1,935$0

At the end of your 5-year term

Total paid over the term
$408,451
Principal paid down
$150,430
Interest paid
$258,021
Balance remaining
$1,080,770

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$2,300/mo
$27,600Gross annual rent
1.1%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.

1.8%
Gross yield
− Property tax $5,563− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,601

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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