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Stonegate-Queensway, Toronto
$899,900
Set in a neighbourhood experiencing steady redevelopment and continued growth, this home has been owned by the same family for generations and is beautifully maintained throughout. Positioned on a crescent-style loop, it offers a great layout with convenient parking access. A strong opportunity for first-time buyers to own land, avoid condo fees, and benefit from ongoing redevelopment in the area. The home is move-in ready, with a pre-listing inspection available reflecting consistent care over time. The backyard provides generous outdoor space with flexibility for landscaping, additions, or future plans. Currently used as a single family home, the property is zoned Commercial Residential (CR), allowing for a range of potential uses, including residential, income-generating, or longer-term redevelopment options.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $4,159 |
| Lot Size | 36.17 ft x 91.75 ft |
| mls© Number | W13545592 |
| Listed By | BRAD J. LAMB REALTY 2016 INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,606
- Property tax
- $347
- Heat allowance
- $150
- Housing costs
- $5,103 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$157,000
gross annual household income
- Payment at 4%
- $3,787 / mo
- Cash down
- $179,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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