An incredible opportunity for Investors and or builders to own this amazing Income Property. The Official Plan Designated For MMS zoning (Main Street Mixed Use) ranging from commercial and residential applications. An exceptional area providing enormous upside potential for future development and Rezoning. The City of Toronto is exploring possible approval of additional housing applications and increased density along major roads. All buyers to verify and conduct their own due diligence with the city planning department.
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,243 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 2966 Islington Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Apartment, Partially Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Apartment · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
2966 Islington Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,274
/mo
based on the purchase price of $869,900
$173,980 cash
$695,920 financed
$586,147 total interest
Principal54%$695,920
Interest46%$586,147
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–4 bed homes for sale in Toronto around $870K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,267Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2966 Islington Ave is listed at $869,900 (MLS® W13584444). Summitly updates the price as soon as the MLS® record changes.
Is $869,900 a good price for 2966 Islington Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2966 Islington Ave changed?
Yes — it was first listed at $969,900 and is now $869,900, a drop of $100,000 (10.3%).
How many bedrooms and bathrooms does 2966 Islington Ave have?
2966 Islington Ave has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.
Is 2966 Islington Ave close to transit?
The nearest rapid-transit station is Pearldale Station (Line 6), about 1.3 km (about a 16-minute walk) in a straight line. Rowntree Mills Station is about 1.3 km (about a 16-minute walk), and Duncanwoods Station is about 1.5 km (about a 18-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 2966 Islington Ave?
About $4,274 a month — principal and interest on $869,900 with 20% down ($173,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2966 Islington Ave compare with other homes in Toronto?
Its asking price of $869,900 is about 3% above the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2966 Islington Ave been sold before?
Summitly has no earlier MLS® sale or lease of 2966 Islington Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2966 Islington Ave?
2966 Islington Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2966 Islington Ave been on the market?
98 days — 2966 Islington Ave was listed on July 19, 2026.
What is the price per square foot of 2966 Islington Ave?
About $791 to $1,243 per square foot: the asking price of $869,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 2966 Islington Ave have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
