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MLS® W14145044For SaleDetached

78 Meadowbank Rd

Islington-City Centre West, Toronto, Ontario M9B 5C9

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78 Meadowbank Rd, Toronto, photo 1
Asking$1,798,000
Bedrooms
3
Bathrooms
3
Size
2,500–3,000sq ft
Per sq ft
$654at the range’s middle
Lot
85 x 146 ft
Tax a year
$7,8512025 tax year
Parking
72 built-in
Days on market
Members

The brief

About 78 Meadowbank Rd

78 Meadowbank Rd is a 3-bedroom, 3-bathroom detached house in Islington-City Centre West, Toronto, listed for sale at an asking price of $1,798,000 (MLS® W14145044).

A home that glows with natural light and feels like family from the moment you walk in. Set well back from the street in its own private 85x146 foot wide treed setting, the house glows from every window, warm light spilling through the trees and across the lawn. It stirs a quiet sense of wonder about the life inside. Here's your answer. Once a traditional centre-plan residence, this stately home has been thoughtfully reimagined into something genuinely rare: 2500SF + of classic craftsmanship made for modern life. Warm hardwoods and traditional detail meet vaulted ceilings and an abundance of space. Vast without feeling lost. From the moment you step into the foyer, this home holds you. A large living room anchored by a gas fireplace opens to a formal dining room that flows into a galley eat-in kitchen built for the way we actually live. From there, the laundry mudroom, a spectacular yard made for gathering, or the pull of the sunken main-level family room. A separate entrance from double car garage and powder room complete the floor. Upstairs is equally impressive. Three plus one oversized bedrooms, each with built-in storage and loads of character. The sunken principal suite is anchored by its own fireplace and ten closets (not a typo), with a luxe ensuite completing the retreat. A private office floats above the family room, bathed in light from abundant skylights. The other bedrooms share a Jack and Jill bath that won't disappoint. Pause up here among the treetops. You'll understand this home. The lower level brings a fourth fireplace, a family room, a wet bar and room for whatever comes next. Then there's the land. 85 x 146 feet of pure privacy, with expansive decks front and rear and a side yard that earns the word garden. A lot like this is rare anywhere, let alone in one of Etobicoke's most sought-after pockets. Come see what's glowing behind those windows.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

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

  • Cashflow Quality

    Shortfall

    −$5,857/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 33 homes with 3 bedrooms for lease in Islington-City Centre West right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,851 / 2025
MLS® number
W14145044
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2500-3000 sqft
Lot Size
85 x 146 ft
Listed on
Parking
2 Built-In, 7 Parking
Listing brokerage: RE/MAX REALTY SPECIALISTS 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.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Islington-City Centre West
Municipality
Toronto

Building

Size
2500-3000 sqft
Construction
Wood

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 2pc Main, 1 × 3pc 2nd, 1 × 5pc 2nd
Basement Type
Finished
Kitchens
1

Parking

Garage Type
Built-In
Garage
2
Additional Parking
5
Total Parking
7

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
85 ft
Depth
146 ft
Lot Size
85 x 146 ft

Additional

Foundation
Poured Concrete, Concrete Block
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Fridge, stovetop, oven , microwave , dishwasher, washer, dryer, freezer, ELF's, window coverings, wine racks, garage door openers and 2 remotes. (outdoor sprinklers and central vac both AS IS)

Rooms

RoomSizeFeaturesLevel
Foyer1.91 × 2.45 mLarge Window, Heated FloorMain
Living3.58 × 7.44 mFireplace, hardwood floor, Large WindowMain
Dining3.09 × 3.6 mhardwood floor, Large WindowMain
Bathroom1.4 × 2.05 m2 Pc BathMain
Kitchen2.99 × 7.82 mEat-In Kitchen, W/O To Deck, Stainless Steel ApplMain
Laundry1.52 × 3.73 mLaundry Sink, Walk-Out, Large WindowMain
Family4.55 × 4.5 mSkylight, hardwood floor, FireplaceMain
Primary5.18 × 5.46 mFireplace, Vaulted Ceiling, B/I Closet2nd
Bathroom2.71 × 3.08 m5 Pc Bath, Soaker, Vaulted Ceiling2nd
Office2.43 × 3.69 mVaulted Ceiling, Skylight2nd
2nd Br3.8 × 4.96 mhardwood floor, 3 Pc Ensuite, Large Window2nd
Bathroom1.52 × 3.37 m3 Pc Ensuite2nd
3rd Br2.88 × 3.22 mhardwood floor, B/I Closet, Large Window2nd
Rec3.75 × 7.16 mWet Bar, FireplaceBsmt

Listing history

Buy/sell history for 78 Meadowbank Rd, Toronto, Ontario

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

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,798,000N/AFor SaleW14145044

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $359,600

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
$359,600
Total mortgage amount
$1,438,400
Total interest payment
$1,022,500
Total purchase cost
$2,820,500
Mortgage payment
$8,203/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

77%

Monthly carrying cost

$8,857
−$5,857per month
  • Rent $3,000
  • Shortfall $5,857

Rental income opens at $3,000, the median asking rent of 33 comparable homes for lease in Islington-City Centre West. 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
$32,435
Toronto municipal land transfer tax
$32,435
Total land transfer tax
$64,870
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$56,395
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 $1,798,000
$27,960
Ontario total
$32,435

Toronto’s municipal tax uses the same brackets at this price, so it adds another $32,435.

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
12,410 sq ft1,153 m²
Street frontage
85 ft25.9 m
Depth
146 ft44.5 m
85 × 146 ftMEADOWBANK RD

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.

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 (f21.0; a510; d0.45) (x44)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f21.0

    Frontage: at least 21.0 m.

  2. 2 a510

    Lot area: at least 510 m² per dwelling unit.

  3. 3 d0.45

    Density: floor area is capped at 0.45 times the lot area.

  4. 4 x44

    Site-specific exception 44: this site has rules of its own, written in the by-law.

  5. 5 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(44)

  6. 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

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 5 CAPRI RDSite planUnder Review

    Site Plan Application in relation to the Zoning By-Law amendment application, file 21 125098 WET 02 OZ.


    380 m away

  • 5 CAPRI RDOfficial plan or zoning amendmentUnder Review

    Application to lift "(H)" symbol.


    380 m away

  • 5 CAPRI RDPlan of subdivisionUnder Review

    Draft Plan of Subdivision in order to establish 3 development blocks (Blocks 1 and 2 for residential and Block 3 for a new public park) as well as a new public road (Street 'A').


    380 m away

  • 10-21 FOUR SEASONS PLOfficial plan or zoning amendmentUnder Review

    The application proposes a Zoning By-law Amendment to permit four 23-storey residential towers attached by a 3-storey podium. The proposal includes 1021 residential units, 4086.77 square metres of amenity space, a total GFA of 83,697.05 square metres with a floor space index of 4.36 and public parkland dedication.


    490 m away

  • 417 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.


    510 m away

  • 419 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.


    510 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
65
Median asking price
$1.57M

Middle half: $1.27M to $2.25M

New in 7 days
6

23 in 28 days

Price cuts
20%

13 listings

This home is asking 14% above the median.

See all homes in Islington-City Centre West

Asking 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

Transit nearby

StationLinesDistance
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton2.5 km
Renforth StationMiWay bus rapid transit: Transitway2.8 km
Islington StationTTC subway: Line 2 Bloor-Danforth3 km
Orbitor StationMiWay bus rapid transit: Transitway3.2 km
Spectrum StationMiWay bus rapid transit: Transitway3.7 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

ElementaryTypeDistanceEQAO average 2024–25
West Glen Junior SchoolToronto DSBPublic · grades JK–5150 m57%Grade 3 average
Broadacres Junior Public SchoolToronto DSBPublic · grades JK–5 · French Immersion1 km55%Grade 3 average
Josyf Cardinal Slipyj Catholic SchoolToronto CDSBCatholic · grades JK–81.1 km88%Grade 6 average
ÉÉC Notre-Dame-de-GrâceConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–83.1 km90%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Burnhamthorpe Collegiate InstituteToronto DSBPublic · grades 9–12350 m—
Michael Power/St Joseph High SchoolToronto CDSBCatholic · grades 9–122.1 km68%Grade 9 math
Silverthorn Collegiate InstituteToronto DSBPublic · grades 9–122.2 km53%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–129.6 km82%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.

Email Yossi Kaplan, MBA, Salesperson