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For SaleDetached · 3-StoreyMLS® #W14122974 · TRREB MLS®

203 Islington Ave, Toronto, Ontario

New Toronto, Toronto, Ontario M8V 3B8

Bedrooms
6+2
Lot Size
27 x 99 ft
Bathrooms
3
Type
Detached
Basement
Finished

$1,420,000

Estimated market value

About 203 Islington Ave

203 Islington Ave is a 6+2-bedroom, 3-bathroom detached house in New Toronto, Toronto, listed for sale at an asking price of $1,420,000 (MLS® W14122974).

Location.. Location.. Location... !!! Time Tested & Solid ! Great Investment Opportunity in a Prime South Etobicoke Location! Live in one unit and generate rental income from the other 2 units.It can be perfect work office and residence. This property offers a spacious multi-level layout featuring 3 bedrooms unit on the main floor, 3 bedrooms unit on the second floor, and 2 bedrooms in the lower level, plus 4-car parking at the rear. Ideally situated on Islington Avenue, with convenient access to public transit, TTC, GO Transit, parks, restaurants, grocery stores, and local shops. Enjoy the nearby Mimico waterfront, Lake Ontario, and scenic parks and trails. Whether you're looking to invest, generate rental income, or explore the potential for multi-generational living, this property offers excellent possibilities in a convenient and established Etobicoke neighbourhood. Seeing Is Believing!

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,988 / 2026
MLS® number
W14122974
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1500-2000 sqft
Lot Size
27 x 99 ft
Listed on
Parking
None, 4 Parking
Listing brokerage: RE/MAX WEST REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 203 Islington Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$1,420,000—For SaleW14122974

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
3-Storey
Community
New Toronto
Municipality
Toronto

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
6+2
Bathrooms
3
Bathroom Details
1 × 4pc Main, 1 × 4pc 2nd, 1 × 3pc Bsmt
Basement Type
Finished
Kitchens
2

Parking

Driveway
Mutual
Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
27 ft
Depth
99 ft
Lot Size
27 x 99 ft

Additional

Foundation
Brick
Roof
Flat
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
All existing kitchen appliances for all the 3 units, Furnace and Hot Water Heater

Rooms

RoomSizeFeaturesLevel
Living4.42 × 3.48 mLaminate, WindowMain
Kitchen3.96 × 2.82 mTile Floor, Combined W/Dining, Stainless Steel ApplMain
Primary3.07 × 3.58 mLaminate, Large Closet, WindowMain
2nd Br2.44 × 3.58 mLaminate, Closet, WindowMain
3rd Br2.44 × 4.6 mLaminate, Large Closet, WindowMain
Living3.58 × 3.0 mOpen Concept, Tile Floor2nd
Dining2.08 × 2.64 mTile Floor, Open Concept2nd
Kitchen2.23 × 2.59 mTile Floor, Combined W/Dining, Open Concept2nd
Br2.51 × 3.38 mLaminate, Large Closet, Window2nd
Br3.58 × 3.0 mLaminate, Closet, Window2nd
Br3.58 × 3.0 mLaminate, Closet, Window2nd
Living3.48 × 3.12 mLaminate, Combined W/Dining, Open ConceptBsmt
Kitchen4.72 × 4.19 mBreakfast Area, B/I Appliances, Open ConceptBsmt
Br2.62 × 3.15 mLaminate, Large Closet, WindowBsmt
Br3.1 × 3.64 m—Bsmt

Map and tour

Signals around this home

Loading the City’s records…

Land transfer tax on this home

Ontario land transfer tax
$24,875
Toronto municipal land transfer tax
$24,875
Total land transfer tax
$49,750
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$41,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,420,000
$20,400
Ontario total
$24,875

Toronto’s municipal tax uses the same brackets at this price, so it adds another $24,875.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

Loading the City’s records…

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Seventh Street Junior SchoolToronto DSBPublic · grades JK–5400 m73%Grade 3 average
Second Street Junior Middle SchoolToronto DSBPublic · grades JK–8 · French Immersion500 m71%Grade 6 average
The Holy Trinity Catholic SchoolToronto CDSBCatholic · grades JK–81.1 km80%Grade 6 average
École élémentaire Micheline-Saint-CyrConseil scolaire ViamondeFrench-language public · grades JK–63.4 km76%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion1.1 km42%Grade 9 math
Father John Redmond Catholic Secondary SchoolToronto CDSBCatholic · grades 9–121.3 km75%Grade 9 math
Etobicoke School of the ArtsToronto DSBPublic · grades 9–123.1 km68%Grade 9 math
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–127.6 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West1.6 km
Long Branch GOGO Transit train: Lakeshore West3.5 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton4.5 km
Islington StationTTC subway: Line 2 Bloor-Danforth4.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

By-law

See Former City of Etobicoke (New Toronto) By-Law No. 2215
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Lot

Lot area
2,673 sq ft248 m²
Street frontage
27 ft8.2 m
Depth
99 ft30.2 m
27 × 99 ftISLINGTON AVE

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $284,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$284,000
Total mortgage amount
$1,136,000
Total interest payment
$807,700
Total purchase cost
$2,227,700
Mortgage payment
$6,479/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$6,895
−$6,895per month
  • Rent $0
  • Shortfall $6,895

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

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