28 Martin Grove Road, Toronto W08

$2,678,000
28 Martin Grove Road

$2,678,000

New
8d
Detached2-Storey

28 Martin Grove Road, Toronto W08

Total Monthly Obligation $12,068

Beds
5
Baths
5
Park
3
Sqft
2500-3000
DOM
8d
Score
16
Yield
3.9%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-W14084076
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-49 × 110 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$10,693 (2025)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Islington-City Centre West
Title-Residential Freehold

No agent assigned

Welcome to 28 Martin Grove Road, a spectacular custom home built in 2024, situated on a premium 49 x 110 west-facing lot with outstanding curb appeal. Offering 4+1 bedrooms and 5 baths, this impressive home features 9+ ceilings on all three levels, wide-plank engineered floors, in-floor radiant heating and pot lights throughout and custom 8ft doors. The open-concept main floor offers a generous living room with a striking three-sided fireplace, an inviting dining area, a chef's kitchen with an oversized island, quartz counters, custom cabinetry and a suite of Thermador appliances, a separate indoor kitchen with a wood-burning cooking fireplace and additional prep space, a powder room and a mudroom with built-ins and direct garage access. Upstairs, the remarkable primary retreat features 14ft cathedral ceilings, exposed wood beams, a walk-in dressing room with centre island, a luxurious 5 piece ensuite with a freestanding soaker tub, double vanity, glass shower and a water closet and an adjoining office/lounge with vaulted ceilings and a walkout to a private terrace with a hot tub. Three additional bedrooms with custom closets, a family bathroom and convenient laundry complete the second level. The finished lower level offers 9' ceilings, polished concrete heated floors, a spacious rec room, a fifth bedroom with ensuite, a brew/prep room, a playroom/flex room and ample storage. The comprehensive rebuild also included a new roof, windows, eavestroughs, furnace, electrical, plumbing and upgraded insulation. Rare triple attached garage and oversized private driveway with gate provide parking for 6+ cars. New natural stone hardscaping and interlock walkways add a refined finish to the private, fully fenced backyard. Great location near Wedgewood Park with outdoor pool and skating rink, great schools including Wedgewood JS and Our Lady of Peace, Kipling Subway/GO station and shops at Six Points and Farm Boy. An exceptional turnkey home in a convenient Etobicoke location.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$2,142,400
Land Transfer Taxes$53,425
Legal Fees (Est.)
$
Total cash required for closing$590,525

Total Monthly Obligation

$12,068/mo
Mortgage $10,802
Monthly Loss $9,226
Principal$2,843
Interest$7,960
Property Tax$891
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.6%26
10-Year IRR
9.4%
Returns Index
14.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$104,436/yr
NOI
$78,799/yr
Net Cash Flow
-$4,236/mo
Cash Margin
-48.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
13.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 28 Martin Grove Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.