$858,000

For saleJust listed

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23 Loma Road, Toronto (Stonegate-Queensway) - Single Family for Sale

23 Loma Road, Toronto (Stonegate-Queensway), Ontario, M8Z3Z6

6 beds2 baths

60 Fernalroy Boulevard, Toronto (Stonegate-Queensway), Ontario, M8Z3W3

5 bd2 ba4 pk2,250 ft²Lot size 64 × 91 ft (5,830 sq ft)

Listed by RE/MAX PROFESSIONALS INC.

64 Cliveden Avenue, Toronto (Stonegate-Queensway), Ontario, M8Z3N1

For saleJust listed

Today

$1.70M

64 Cliveden Avenue, Toronto (Stonegate-Queensway), Ontario, M8Z3N1

3 bd2 ba2 pk1,300 ft²Lot size 28 × 128 ft (3,584 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

51 Rothsay Avenue, Toronto (Stonegate-Queensway), Ontario, M8Z4M2

For saleJust listed

2 days ago

$1.08M

51 Rothsay Avenue, Toronto (Stonegate-Queensway), Ontario, M8Z4M2

3 bd2 ba6 pk900 ft²Lot size 33 × 102 ft (3,366 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

1 Frankwood Road, Toronto (Stonegate-Queensway), Ontario, M8Z1Y8

For saleJust listed

2 days ago

$2.00M

1 Frankwood Road, Toronto (Stonegate-Queensway), Ontario, M8Z1Y8

6 bd7 ba5 pk2,750 ft²Lot size 42 × 100 ft (4,214 sq ft)

Listed by CENTURY 21 RED STAR REALTY INC.

Investment analysis

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$858,000

Toronto

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44 × 115 ft (5,108 sq ft) lot size

Overview

This 6-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 51 days.

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Description

Welcome to 23 Loma Road, a detached bungalow nestled on a quiet residential street in the sought-after Stonegate-Queensway community of Etobicoke! Offering 4+2 bedrooms, 2 bathrooms and 4-car private driveway parking, this property features a spacious kitchen and a separate basement entrance. The generous backyard provides space to relax, entertain or create your own outdoor retreat. An excellent opportunity for families, investors, builders or end users looking to renovate, personalize or explore the potential to build a custom home, subject to applicable zoning and municipal approvals. Enjoy an exceptionally convenient location just minutes from The Queensway's diverse restaurants, cafés, Costco, grocery stores, shopping, Cineplex, parks and public transit, with easy access to major routes including the Gardiner Expressway. A fantastic opportunity to own a detached property in an established, well-connected Toronto neighbourhood with plenty of possibilities! (id:66096)

Property Details

MLS®: W14124584
Property Type: Single Family
Zoning: Residential
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 2
Parking: 4
Interior Size: 900 ft²
Lot Size: 44 × 115 ft (5,108 sq ft)
Frontage: 44 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,217.72/yr
Listed: 7 days ago

Rooms

Basement

Cold room: 1.22 x 1.98 meters
Family room: 6.71 x 3.2 meters
Bedroom 3: 3.47 x 3.2 meters
Other: 5.18 x 3.17 meters

Main level

Living room: 3.41 x 3.1 meters
Dining room: 3.05 x 3.1 meters
Kitchen: 3.35 x 3.64 meters
Primary Bedroom: 3.76 x 3.12 meters
Bedroom 2: 3.3 x 2.84 meters
Foyer: 1.95 x 2.84 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, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Flooring: Tile, Hardwood, Laminate, Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Stonegate-Queensway) listings, avg age

51d

Price / ft²

$953

List price

$858K

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 6-bed single family in Toronto (Stonegate-Queensway) has been listed for 7 days, which is 44 days fresher than the city average of 51. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · BELLA LEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $858,000, about 7.7× the local median household income of $111,000.

Carrying it typically needs a household income of about $167,597 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$858,000· $953/ft²

For sale

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Full Cost Breakdown

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Down Payment7.09% · $60,800.00

Min 7.09%50%

Mortgage payment$4,420/mo

↳ CMHC premium ($31,888 capitalized)

Property tax (est.)$435/mo

Total monthly$4,855

Cash Needed to Close

Down payment (7.09%)$60,800

Land transfer tax$27,270

Est. closing costs$5,074

Total cash needed$93,144

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