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

32 Green Lanes, Toronto, ON M8Z 4V6

5+3 beds · 5 baths · 2 kitchens · 9+6 rooms · 8 parking spaces · 2000-2500 sq ft · Detached
$1,624,900
Property tax
$7,481 / year

Spacious 2.5-storey home, a perfect blend of classic charm and modern versatility. This home offers an expansive layout with five bedrooms above grade, plus a fully equipped three-bedroom basement apartment with a separate walk-up entrance, ideal setup for an in-law suite or rental income. Main floor features an inviting open-concept design, perfect for entertaining. Modern island kitchen w/walk-out to backyard. Large primary bedroom complete with a 4-piece ensuite, walk-in closets, and a private balcony. Third level offers two additional bedrooms with cathedral ceilings and skylights, providing lots of natural light. Practicality meets comfort with upper-level laundry, central air, and a private driveway with ample private parking for six vehicles. Prime location, short walk to Islington Subway Station, steps to Bloor St. This property offers a rare combination of space, income potential, and an unbeatable lifestyle location. Don't miss the opportunity to make this versatile home your own.

MLS number
W13624996
Type
Detached
Status
Active
Bedrooms
8
Bathrooms
5
Postal code
M8Z 4V6
Photos
36
43days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Norseman Junior Middle School7.7 / 10
Elementary · Regular Track
TDSB boundary
Etobicoke Collegiate Institute8.2 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
WorldStridesSecondary407 mNot reported
Global Summers AcademySecondary487 mNot reported
Islington Junior Middle School
Toronto DSB
Elementary587 m6.6 / 10
66% met the standard
Academy of Math and EnglishSecondary604 mNot reported
German International School TorontoElementary and secondary885 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Detached houses in Islington-City Centre West232 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$1.24M$1.51M$1.78M20252026this home’s asking price
$1.28Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%99%101%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d14d29d20252026
19dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in islington-city centre west. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 748 people.

$105,000Median household income
79.4%Own their home
48.5%Detached houses
43.2Median age
37.7%Born outside Canada
52.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201675 — the few blocks around this address, home to 748 people. It describes the area, not this property.

748Population
42.6Average age
2.2Household size
$124,400Average household income
$105,000Median household income
79%Own their home
21%Rent
46%Condominiums
38%Born outside Canada
52%University degree
$1,020,000Average home value
8%Low income
31%Not in the labour force
31%Never married
Under $5,0002%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9991%
$25,000 to $29,9992%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,9997%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over12%

Percentages are of the 535 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$324,980 · minimum here is $324,980
$7,194.71per month
Borrowed before insurance$1,299,920
Total borrowed$1,299,920
Interest over 25 years at 4.5%$858,492

If you rented it out

-$7,818.12per month out of pocket
Rent$0.00
Everything it costs to hold$7,818.12
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

1276 ISLINGTON AVE365 m
Under Review · applied January 9, 2026

Proposed infill development of a 35-storey, 25,700.63 square-metre, purpose-built rental building containing 375 residential units, and 262 parking spaces provided between four levels of underground parking.…

City planning file →
1243 ISLINGTON AVE198 m
Council Approved · applied October 24, 2025

Application to amend the Zoning By-law at 1243 Islington Avenue to permit a 61 storey (191-metre, excluding mechanical penthouse), comprising 702 dwelling units and 90 square metres of non-residential gross floor area at grade.…

City planning file →
4975 DUNDAS ST W486 m
Under Review · applied August 20, 2025

The application seeks to amend the Official Plan and Zoning By-law for the lands at 4975 Dundas Street to apply the Commercial Residential (CR) zone and permit a development consisting of a 4-storey base building (19.5 metres in height) and a 44-storey tower (…

City planning file →
25 MABELLE AVE164 m
OMB Appeal · applied September 21, 2022

Proposal to redevelop the site with a 49 storey mixed use building containing 79 square metres of retail gross floor area, 580 residential condominium units and 5 levels of below grade parking.…

City planning file →
38 FIELDWAY RD448 m
NOAC Issued · applied April 22, 2022

Current SPA resubmission proposes 8,060.9 square metres of total gross floor area (GFA), a Floor Space Index (FSI) of 3.62 times the area of the lot, a mix of 135 residential units, 101 vehicle parking spaces, and 102 bicycle parking spaces.

City planning file →
3326 BLOOR ST W28 m
Under Review · applied December 16, 2021

Bloor Kipling Housing Now: Draft Plan of Subdivision to create two mixed-use development blocks and a new public road connecting Green Lanes and Aberfoyle Crescent.

City planning file →
12 CORDOVA AVE496 m
Under Review · applied October 22, 2021

*** Proposed 27 storey building containing 325 residential units and 179 parking spaces in a below-grade parking structure.

City planning file →
36 FIELDWAY RD429 m
Under Review · applied October 22, 2021

*** To permit a 10-storey residential building that contains 123 dwelling units and two below-ground parking levels. The redevelopment proposes 9,791.10 sq. m of total gross floor area (GFA), 247 sq. m of indoor amenity space and 302 sq.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by SUTTON GROUP REALTY SYSTEMS INC.. Listing data provided by the Toronto Regional Real Estate Board.