

216 Shaver Avenue N
Islington-City Centre West, Toronto
$1,688,800
This premium corner lot offers a rare, shovel-ready opportunity to build a sophisticated custom residence in the heart of one of Etobicoke's most prestigious neighborhoods. Boasting an impressive 50-foot frontage and a depth of 142.41 feet, this property comes with fully approved permits, allowing you to bypass years of architectural red tape and avoid the lengthy wait times associated with city approvals. You can break ground immediately on this two-storey masterpiece, which begins with a striking open-to-above foyer. The main floor is designed with separate living, dining, and family rooms, providing a perfect balance of formal elegance and daily comfort. At the heart of the home is a chef-inspired kitchen featuring a massive center island, a dedicated large pantry, and a sun-filled breakfast area that flows directly onto a private verandah.Upstairs, the residence transforms into a true sanctuary. The expansive primary suite is a masterclass in luxury, boasting a private bonus sitting area, a sprawling walk-in closet, and a spa-like ensuite. Every family member enjoys total privacy, as each of the three additional generous bedrooms on the second floor comes equipped with its own dedicated ensuite bathroom. The lower level adds immense functional scale, featuring a total of two full bathrooms, a large recreation zone, a dedicated exercise room, and a fifth bedroom with its own ensuite. Rare dual access via a backyard walk-up entrance and internal stairs provides seamless potential for an in-law suite or private home office.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,452 |
| Lot Size | 50 ft x 142.41 ft |
| mls© Number | W12905868 |
| Listed By | RE/MAX REAL ESTATE CENTRE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,644
- Property tax
- $454
- Heat allowance
- $150
- Housing costs
- $9,248 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$285,000
gross annual household income
- Payment at 4%
- $7,107 / mo
- Cash down
- $337,760
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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