For SaleDetached · 2-StoreyMLS® #W14176380 · TRREB MLS®
118 Martin Grove Rd, Toronto, Ontario
Islington-City Centre West, Toronto, Ontario M9B 4K5
- Bedrooms
- 4+2
- Lot Size
- 43.33 x 115.5 ft
- Bathrooms
- 5
- Type
- Detached
- Basement
- Full
$2,400,000
About 118 Martin Grove Rd
118 Martin Grove Rd is a 4+2-bedroom, 5-bathroom detached house in Islington-City Centre West, Toronto, listed for sale at an asking price of $2,400,000 (MLS® W14176380).
Modern architect designed custom home where every detail was considered, built for multigenerational living with nothing left to renovate. On the main floor, a private primary suite with heated floor ensuite, walk-in closet and terrace walk-out gives parents or in-laws their own retreat, or serves as an ideal home office. From the lit staircase to the 351sqft covered terrace, every piece of custom carpentry was built by a master carpenter. The terrace's built-in fireplace extends the living space outdoors for long three-season evenings. The german SieMatic kitchen with built-in appliances and leather finish stone counters opens to a family room beneath 14' clerestory windows, the natural gathering place for everyday meals and hosting. Upstairs the primary retreat offers a Versace porcelain spa bath with steam shower and heated floors, a boutique style walk-in closet, and a laundry on the bedroom level for everyday ease. The finished walkout lower level gives extended family or guests their own space, with a second kitchen, two bedrooms and a 24'x20' recreation room ready for movie nights or a home gym. Approx 2,900 sqft above grade plus 1,360 sqft below; 4+2 bedrooms, 5 baths. Walk to top-rated French and English schools and Wedgewood park, minutes to Kipling Subway, Go Transit and Hwy 427.
Insights
Condition Score
Good6 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$5,543/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 52 detached homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $11,319 / 2026
- MLS® number
- W14176380
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Days on market
- Size
- 2500-3000 sqft
- Lot Size
- 43.33 x 115.5 ft
- Listed on
- Parking
- 1.5 Attached, 4.5 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 2500-3000 sqft
- Building Age
- 0-5
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 4+2
- Bathrooms
- 5
- Bathroom Details
- 1 × 2pc Main, 1 × 3pc Main, 1 × 4pc 2nd, 1 × 5pc 2nd, 1 × 4pc Bsmt
- Basement Type
- Full
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Attached
- Garage
- 1.5
- Additional Parking
- 3
- Total Parking
- 4.5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 43.33 ft
- Depth
- 115.5 ft
- Lot Size
- 43.33 x 115.5 ft
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All exsiting electrical light fixtures; all window coverings including electric blinds, regular blindes; garage door opener and remotes, built-in electric fireplace on covered terrace and basement, all bathroom mirrors; central a/c, furnace and all items permanently affixed to the property
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.44 × 6.74 m | O/Looks Frontyard, hardwood floor, Combined W/Dining | Main |
| Dining | 6.44 × 6.74 m | Combined W/Living, hardwood floor | Main |
| Kitchen | 4.5 × 4.79 m | B/I Appliances, Centre Island, Stone Counter | Main |
| Breakfast | 2.7 × 4.5 m | hardwood floor, O/Looks Backyard | Main |
| Family | 3.38 × 4.5 m | W/O To Patio, Window Flr to Ceil, Clerestory | Main |
| Primary | 3.38 × 4.79 m | 3 Pc Ensuite, W/I Closet, W/O To Patio | Main |
| Primary | 4.95 × 6.0 m | 5 Pc Ensuite, W/I Closet, O/Looks Frontyard | 2nd |
| 2nd Br | 3.89 × 4.45 m | hardwood floor, Double Closet, Led Lighting | 2nd |
| 3rd Br | 3.3 × 4.45 m | hardwood floor, Double Closet, Led Lighting | 2nd |
| Rec | 6.0 × 7.4 m | Laminate | Bsmt |
| Living | 5.7 × 7.5 m | Laminate, Combined W/Kitchen, Electric Fireplace | Bsmt |
| Dining | 5.7 × 7.5 m | Laminate, Combined W/Living, B/I Appliances | Bsmt |
| 5th Br | 3.06 × 3.15 m | Laminate, Double Closet | Bsmt |
| Br | 2.87 × 3.23 m | Laminate, Double Closet | Bsmt |
Map and tour
Detached homes for sale in Islington-City Centre West right now
- For sale now
- 64
- Median asking price
- $1.6M
Middle half: $1.2M to $2.42M
This home is asking 50% above the median.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
No open development application found on this home’s street within 800m in the City’s file. Applications on nearby streets are not searched here.
Land transfer tax on this home
- Ontario land transfer tax
- $46,475
- Toronto municipal land transfer tax
- $46,475
- Total land transfer tax
- $92,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $84,475
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 $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,400,000
- $10,000
- Ontario total
- $46,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $46,475.
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
10 building permits cleared at this address in the City’s file.
New BuildingClosed
Rev 01: Minor changes to front elevation to remove window and added new window to side elevation. Proposal to construct a new 2 storey detached single family dwelling with attached garage and finished basement.
Issued August 10, 2022
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a new 2 storey fully detached single family dwelling with attached garage and finished basement.
Issued September 28, 2021
DemolitionClosed
Proposal to demolish existing dwelling and construct a new 2 storey fully detached single family dwelling with attached garage and finished basement.
Issued September 28, 2021
Building Permit Related (DR)Closed
Drain - Proposal to construct a new 2 storey fully detached single family dwelling with attached garage and finished basement.
Issued September 28, 2021
Building Permit Related(MS)Closed
HVAC - Proposal to construct a new 2 storey fully detached single family dwelling with attached garage and finished basement.
Issued September 28, 2021
DemolitionCancelled
Proposal to demolish existing single family dwelling and construct a two storey dwelling.
Completed September 14, 2021
Building Permit Related(MS)Cancelled
HVAC - Proposal to demolish existing single family dwelling and construct a two storey dwelling.
Completed September 14, 2021
New BuildingCancelled
Proposal to demolish existing single family dwelling and construct a two storey dwelling.
Completed September 14, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Wedgewood Junior SchoolToronto DSB | Public · grades JK–5 | 350 m | 79%Grade 3 average |
| Our Lady of Peace Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 650 m | 76%Grade 6 average |
| West Glen Junior SchoolToronto DSB | Public · grades JK–5 | 1 km | 57%Grade 3 average |
| ÉÉC Notre-Dame-de-GrâceConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.7 km | 90%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.1 km | — |
| Etobicoke Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.2 km | 73%Grade 9 math |
| Michael Power/St Joseph High SchoolToronto CDSB | Catholic · grades 9–12 | 3 km | 68%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 8.7 km | 82%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
| Station | Lines | Distance |
|---|---|---|
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 1.6 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3 km |
| Renforth Station | MiWay bus rapid transit: Transitway | 3.8 km |
| Orbitor Station | MiWay bus rapid transit: Transitway | 4.1 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; MiWay schedule data (GTFS) from the City of Mississauga under the City of Mississauga Terms of Use, 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. MiWay's schedule data is publicly available from the City of Mississauga under its Terms of Use.
Zoning
Zone
RD (f13.5; a510; d0.45) (x21)By-law
569-2013Municipality
Toronto1 f13.5
Frontage: at least 13.5 m.
2 a510
Lot area: at least 510 m² per dwelling unit.
3 d0.45
Density: floor area is capped at 0.45 times the lot area.
4 x21
Site-specific exception 21: this site has rules of its own, written in the by-law.
5 Where this is written
Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(21)
6 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Lot
- Lot area
- 5,005 sq ft465 m²
- Street frontage
- 43.33 ft13.2 m
- Depth
- 115.5 ft35.2 m
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, measured by MPAC.
Mortgage Calculator
Plan with the current asking price
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
- $480,000
- Total mortgage amount
- $1,920,000
- Total interest payment
- $1,365,000
- Total purchase cost
- $3,765,000
- Mortgage payment
- $10,950/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
60%Monthly carrying cost
$11,893- Rent $6,350
- Shortfall $5,543
Rental income opens at $6,350, the median asking rent of 52 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.