1113B Islington Avenue, Toronto W07

Price: $1,675,000

4 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13795920

OPEN HOUSE SUNDAY SEPT 20th 2-4pm ** Backs onto Fairfield Park ** Legal studio apartment, previously rented $1,600/mo ** 11-min walk to Islington station ** Custom built in 2009 with nearly 2,600 sq ft above grade, four bedrooms and five bathrooms. High ceilings and oversized windows keep the main floor bright, with hardwood floors, a gas fireplace and a quartz island kitchen. The family room opens through two sets of double doors to a 20-ft raised deck over the yard and the park. Three skylights light the upper hall, laundry and jack-and-jill bath, and the primary bedroom looks over the park with two walk-in closets and a five-piece ensuite with steam shower and jetted tub. The finished lower level is a permitted legal studio apartment with its own entrance, kitchen, four-piece bath and laundry, and now vacant - keep the income, house family, or remove one door and a short wall and it opens up into a large rec room again. Direct access to the garage from the lower level, four-car parking, tankless hot water, and a house that is notably quiet inside. 33 x 132 ft lot. An 11-minute walk to Islington station, minutes to the Gardiner, 427 and Sherway. Norseman JMS, Etobicoke Collegiate, Our Lady of Sorrows and Bishop Allen catchments.

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active
New Listing

$1,675,000 - 1113B Islington Avenue, Corso Italia

Detached for Sale in Corso Italia

New — Listed 4 days ago

Neighbourhood: Stonegate-Queensway

4Beds
5Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13795920
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
RE/MAX ALL-STARS REALTY INC.
Description

OPEN HOUSE SUNDAY SEPT 20th 2-4pm ** Backs onto Fairfield Park ** Legal studio apartment, previously rented $1,600/mo ** 11-min walk to Islington station ** Custom built in 2009 with nearly 2,600 sq ft above grade, four bedrooms and five bathrooms. High ceilings and oversized windows keep the main floor bright, with hardwood floors, a gas fireplace and a quartz island kitchen. The family room opens through two sets of double doors to a 20-ft raised deck over the yard and the park. Three skylights light the upper hall, laundry and jack-and-jill bath, and the primary bedroom looks over the park with two walk-in closets and a five-piece ensuite with steam shower and jetted tub. The finished lower level is a permitted legal studio apartment with its own entrance, kitchen, four-piece bath and laundry, and now vacant - keep the income, house family, or remove one door and a short wall and it opens up into a large rec room again. Direct access to the garage from the lower level, four-car parking, tankless hot water, and a house that is notably quiet inside. 33 x 132 ft lot. An 11-minute walk to Islington station, minutes to the Gardiner, 427 and Sherway. Norseman JMS, Etobicoke Collegiate, Our Lady of Sorrows and Bishop Allen catchments.

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Estimated Payment

$7,409.09/mo

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5-yr fixed avg.

Principal: $1,340,000Interest: $882,727
Mortgage Amount$1,340,000
Total Interest$882,727
Est. Property Tax$1,186/mo
Total Cost$2,222,727

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Stonegate-Queensway

Discover Stonegate-Queensway

Stonegate-Queensway is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Stonegate-Queensway

  • Convenient location in Corso Italia / Dufferin Grove
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Stonegate-Queensway offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1113B Islington Avenue, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,186
Insurance (est.)-$349
Net Cash Flow+$2,015

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $670/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Corso Italia. Good resale value as demand remains consistent.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Stonegate-Queensway

I know Stonegate-Queensway well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1113B Islington Avenue | $1,675,000 | Battaglia Team