124 Shaver Ave
Islington-City Centre West, Toronto, Ontario M9B 4N8
- Bedrooms
- 4+2
- Bathrooms
- 6
- Size
- 3,000–3,500sq ft
- Per sq ft
- $1,230at the range’s middle
- Lot
- 40 x 202.66 ft
- Tax a year
- $12,9022025 tax year
- Built
- 0-5
- Parking
- 41 built-in
- Days on market
- Members
The brief
About 124 Shaver Ave
124 Shaver Ave is a 4+2-bedroom, 6-bathroom detached house in Islington-City Centre West, Toronto, listed for sale at an asking price of $3,999,000 (MLS® W13742926).
Exceptional Custom-Built Luxury Home In the Highly Sought-After Islington City Centre, Situated On a Rare 40 x 203 Ft Pool-Sized Lot. Offering Over 4,500 Sq. Ft. (incl. finished walk-out basement) of Meticulously Designed Living Space, This Architectural Masterpiece Showcases Superior Craftsmanship, Timeless Design, and Uncompromising Attention to Detail. Featuring Grand Principal Rooms, a Formal Dining Room, a Main Floor Executive Office, an Elegant Family Room With a Fireplace, And A Light-Filled Chef's Kitchen Complete With Pantry and Walk-Out To A Spacious Patio and Private Oversized Backyard. Soaring 10-Ft Ceilings On The Main Level And 9-Ft Ceilings On The Second Floor Create An Exceptional Sense Of Space, Complemented By Expansive Windows And Luxurious High-End Finishes Throughout. The Upper Level Features Four Generously Sized Bedrooms, Each With Its Own Private Ensuite And Heated Floors. The Spacious Primary Retreat Offers A Cozy Fireplace, A Fully Customized Walk-In Closet With Premium Built-In Organizers, And a Spa-Inspired Ensuite Designed For Ultimate Comfort and Relaxation. Professionally Finished Lower Level Offers Outstanding Additional Living Space Featuring a Large Recreation Room with a Walk-Up To The Backyard Oasis, Two Additional Rooms, and a 4pc Bathroom. Heated Floors in the Basement. Located Within Top-Rated School Districts and Just Steps To Public Transit, Parks, Shopping, and Major Amenities, This Extraordinary Home Seamlessly Combines Luxury, Comfort, And Convenience In One Of Etobicoke's Most Desirable Neighbourhoods. This Home May be Purchased Furnished with an Exceptional Collection of High-end Italian Furniture Throughout, Offering a Truly Turnkey Luxury Living. Hardwood Floors T/O, Heated Floors in Bathrooms and in the Basement.
Insights
Condition Score
Good73/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$12,620/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 51 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.
The home
Key facts
- Tax
- $12,902 / 2025
- MLS® number
- W13742926
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 0-5
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 40 x 202.66 ft
- Listed on
- Parking
- 1 Built-In, 4 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 3000-3500 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 4+2
- Bathrooms
- 6
- Bathroom Details
- 1 × 5pc 2nd, 3 × 4pc 2nd, 1 × 2pc Ground, 1 × 4pc Bsmt
- Basement Type
- Finished with Walk-Out
- Kitchens
- 1
Parking
- Garage Type
- Built-In
- Garage
- 1
- Additional Parking
- 3
- Total Parking
- 4
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 202.66 ft
- Lot Size
- 40 x 202.66 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Family | 4.93 × 5.18 m | Combined W/Kitchen, hardwood floor, Walk-Out | Main |
| Kitchen | 4.93 × 5.18 m | Combined W/Family, Centre Island, Walk-Out | Main |
| Dining | 3.5 × 4.45 m | — | Main |
| Office | 2.89 × 3.41 m | — | Main |
| Primary | 5.0 × 5.18 m | W/I Closet, 5 Pc Ensuite | 2nd |
| 2nd Br | 3.65 × 3.75 m | W/I Closet, 4 Pc Ensuite | 2nd |
| 3rd Br | 3.53 × 3.75 m | W/I Closet, 4 Pc Ensuite | 2nd |
| 4th Br | 3.29 × 3.65 m | W/I Closet, 4 Pc Ensuite | 2nd |
| Rec | 4.87 × 9.14 m | Built-In Speakers, Walk-Up | Bsmt |
| Room 10 | 3.65 × 5.18 m | — | Bsmt |
| Room 11 | 2.95 × 3.23 m | — | Bsmt |
Listing history
Buy/sell history for 124 Shaver Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $3,999,000 | N/A | For Sale | W13742926 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
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
- $799,800
- Total mortgage amount
- $3,199,200
- Total interest payment
- $2,274,300
- Total purchase cost
- $6,273,300
- Mortgage payment
- $18,245/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
75%Monthly carrying cost
$19,320- Rent $6,700
- Shortfall $12,620
Rental income opens at $6,700, the median asking rent of 51 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $86,450
- Toronto municipal land transfer tax
- $96,440
- Total land transfer tax
- $182,890
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $174,415
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 $3,999,000
- $49,975
- Ontario total
- $86,450
Toronto’s municipal tax has its own higher brackets at this price, so it adds $96,440.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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 Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
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.
The land
Lot
- Lot area
- 8,106 sq ft753 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 202.66 ft61.8 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.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m1 test or monitoring hole also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 35 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 4.4 km4.4 km
- Mapped parcel: about 8,170 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Bering Yard, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
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.
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.
Permit history
5 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposal to construct a new two storey single family dwelling with an integral garage and a finished basement.
Issued November 23, 2020
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a new two storey single family dwelling with an integral garage and a finished basement.
Issued November 20, 2020
New BuildingClosed
Proposal to construct a new two storey single family dwelling with an integral garage and a finished basement.
Issued November 20, 2020
DemolitionClosed
Proposal to demolish the existing 1 storey detached dwelling.
Issued November 20, 2020
Building Permit Related (DR)Closed
Drain - Proposal to construct a new two storey single family dwelling with an integral garage and a finished basement.
Issued November 20, 2020
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 4 open development applications within 800 m of this home.
3927 BLOOR ST WSite planUnder Review
Proposal to demolish the existing two-storey dwellings on each lot, and to consolidate the lots to construct a six-storey (19.5 metres), 3,613.5 square-metre, purpose-built rental building containing 52 residential units.
660 m away3925 BLOOR ST WSite planUnder Review
Proposal to demolish the existing two-storey dwellings on each lot, and to consolidate the lots to construct a six-storey (19.5 metres), 3,613.5 square-metre, purpose-built rental building containing 52 residential units.
670 m away417 BURNHAMTHORPE RDSite planInactive
INACTIVE - INACTIVE Site Plan Control application to redevelop the site with 6 townhouse units. The proposed townhouse units will be 3-storeys in height and have a total residential gross floor area of 1,300 sq m. A total of 15 parking spaces are provided for below grade and will be accessed from the garage entrance fronting Burnhamthorpe Road. A Zoning By-law Amendment (19 251103 WET 02 OZ) application has been reviewed and adopted by City Council on July 16, 2021.
760 m away419 BURNHAMTHORPE RDSite planInactive
INACTIVE - INACTIVE Site Plan Control application to redevelop the site with 6 townhouse units. The proposed townhouse units will be 3-storeys in height and have a total residential gross floor area of 1,300 sq m. A total of 15 parking spaces are provided for below grade and will be accessed from the garage entrance fronting Burnhamthorpe Road. A Zoning By-law Amendment (19 251103 WET 02 OZ) application has been reviewed and adopted by City Council on July 16, 2021.
760 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Islington-City Centre West right now
- For sale now
- 63
- Median asking price
- $1.6M
- New in 7 days
- 6
- Price cuts
- 21%
Middle half: $1.26M to $2.32M
22 in 28 days
13 listings
This home is asking 150% above the median, higher than three quarters of them.
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.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 1.4 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2.1 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Renforth Station | MiWay bus rapid transit: Transitway | 3.9 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.
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 | 800 m | 76%Grade 6 average |
| West Glen Junior SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 57%Grade 3 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 3.7 km | 87%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 | 2.4 km | 73%Grade 9 math |
| Michael Power/St Joseph High SchoolToronto CDSB | Catholic · grades 9–12 | 3.1 km | 68%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 8.9 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.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.