$1,475,000

For sale

12 Gala Lane, Toronto (Stonegate-Queensway) - Single Family for Sale

12 Gala Lane, Toronto (Stonegate-Queensway), Ontario, M8Y0A9

3 beds3 baths4 parking2,250 ft²26 × 83 ft (2,122 sq ft) lot sizeListed 35 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Listed at $1,475,000, it is attractively priced about 8% below the $1,599,900 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 50 days.

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Description

Exceptional Freehold three-storey Townhome offering approximately 2,300 sq. ft. of beautifully designed living space in the sought-after Stonegate-Queensway community of South Etobicoke. Featuring 3 bedrooms, 3 bathrooms, a double-car garage and one of the best layouts in the complex, this home perfectly combines style, comfort and functionality. The main level boasts a chef's kitchen with high-end appliances, a large centre island seamlessly flowing into a bright, open-concept living and dining area, ideal for entertaining. Enjoy a private backyard retreat surrounded by mature greenery, The second floor offers 2 Bedrooms & a 4 Pc Bathroom, a spacious family room and a conveniently located laundry room. The entire third floor is dedicated to a peaceful primary suite featuring a 5-piece ensuite, walk-in closet and private balcony. Ideally situated close to Mimico GO, TTC, the Gardiner Expressway, waterfront parks, scenic trails, schools and daycares. Enjoy the convenience of nearby shopping, along with popular neighbourhood favourites such as Costco, No Frills, Sobeys and the iconic San-Remo Bakery. Experience the best of South Etobicoke living, where comfort, convenience and a vibrant community come together. (id:66096)

Property Details

MLS®: W13847660
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 4
Interior Size: 2,250 ft²
Lot Size: 26 × 83 ft (2,122 sq ft)
Frontage: 26 ft
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold
Property Tax

Rooms

Main level

Dining room: 6.58 x 3.59 meters
Kitchen: 5.12 x 4.54 meters
Family room: 4.67 x 2.18 meters

Second level

Living room: 6.68 x 4.77 meters
Bedroom 2: 3.86 x 3.41 meters
Bedroom 3: 3.86 x 3.17 meters

Third level

Primary Bedroom: 6.32 x 4.81 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Central Vacuum, Whirlpool, Gas stove(s), Dishwasher, Dryer, Window Coverings
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick, Stone
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$656

List price

$1.48M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Stonegate-Queensway) has been listed for 35 days, which is 15 days fresher than the city average of 50. Act while there is still low competition.

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Listed by SUTTON GROUP OLD MILL REALTY INC. · GIOVANNI CASCHERA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $1,475,000, about 16.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $288,119 (20% down, 25-yr amortization, stress-tested) — roughly 217% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$1,475,000· $656/ft²

For sale

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Full Cost Breakdown

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Down Payment8.31% · $122,500

Min 8.31%50%

Mortgage payment$7,498/mo

↳ CMHC premium ($54,100 capitalized)

Property tax (est.)$490/mo

Total monthly$7,989

Cash Needed to Close

Down payment (8.31%)$122,500

Land transfer tax$51,950

Est. closing costs$6,925

Total cash needed$181,375

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