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MLS® listing

1372 Islington Avenue: detached house for sale

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$1,599,900

3 bedrooms, 2 bathrooms, Detached · Princess-Rosethorn · near Islington Ave and Riverbank Drive

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From the listing brokerage

Set on an expansive 50' x 395' lot with a coveted west view over the fairway of Islington Golf Club's third hole, this three-bedroom, century-old home blends timeless historic charm with truly unmatched potential. Framed by mature trees and sweeping green views, it offers a rare combination of privacy and prestige in one of Etobicoke's most sought-after pockets. Whether you're envisioning a lovingly restored heritage residence, a custom new build, or a multi-unit family compound, this generous parcel gives you the space and setting to bring your vision to life. Fall for the home's quaint, classic character and move right in, or plan your dream build for tomorrow. A double car garage serves the home today, and with a lot nearly 400 feet deep, there's ample room to design in a three-car garage or additional convenient parking to suit your plans. Families will love being surrounded by highly rated schools, including Etobicoke Collegiate Institute, Kingsway College School, Our Lady of Sorrows, and St. Gregory. Everyday conveniences are just a short walk away, from Thorncrest Village Plaza and the Montgomery Inn Farmers' Market to Thomas Riley Park, Memorial Pool, and Islington subway for an easy commute. An ideal opportunity for those seeking to add value in the prime Princess-Rosethorn neighbourhood, where location, land, and lifestyle meet in one address. Bring your imagination, and discover everything this exceptional property can become.

Facts on the listing

Square feet1100-1500
Approximate age51-99
Style2-Storey
BasementFinished with Walk-Out
Lot width50
Lot depth395
Lot measured inFeet
FacesWest
Parking spaces6
GarageDetached
HeatingForced Air
CoolingCentral Air
Kitchens1
Property tax$7,458
Tax year2025
ParkingPrivate Double, Private
Interior featuresIn-Law Capability, Sump Pump, Water Heater

Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS® W13830658.

About this detached house

1372 Islington Avenue is a 3 bedroom detached house in TRREB's Princess-Rosethorn community in Toronto, listed for sale at $1,599,900. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as 2-storey. The lot is listed as 50 by 395 feet. The listing gives the basement as finished with walk-out. It comes with 6 parking spaces and a detached garage according to the listing. The nearest main intersection given is Islington Ave and Riverbank Drive. The age is listed as 51-99 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.

What it costs to buy 1372 Islington Avenue

At the asking price of $1,599,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$1,599,900
Ontario land transfer tax$28,473
Toronto municipal land transfer tax$28,473
Both taxes$56,946
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$319,980

The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Property tax (2025)$7,458 a year, about $622 a month

That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.

How the asking price compares

TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,599,900, which is $429,900 above that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
  2. Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 50 by 395 feet.
  3. Ask about permits. Ask which renovations had building permits and whether those permits were closed.
  4. Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
  5. Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 1372 Islington Avenue

How much is land transfer tax on 1372 Islington Avenue?

At the asking price of $1,599,900 the Ontario tax is $28,473 and the Toronto tax is $28,473, $56,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 1372 Islington Avenue?

$319,980 at the asking price of $1,599,900, under the federal minimum down payment rules. A lender may require more.

How much is the property tax on 1372 Islington Avenue?

The listing shows $7,458 a year for 2025, about $622 a month.

Is 1372 Islington Avenue priced above or below the median?

It is listed at $1,599,900. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $429,900 higher. The median covers all sizes and neighbourhoods.

How do I book a showing for 1372 Islington Avenue?

Use the form on this page or call us. Quote MLS® W13830658. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 1372 Islington Avenue still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.

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