$899,900

For sale

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256 The Queensway, Toronto (Stonegate-Queensway) - Single Family for Sale

256 The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Y1J4

2 beds1 bath4 parking ft²

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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$899,900

Toronto

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34 × 144 ft (4,915 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 51 days.

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Description

Cute as a button on The Queensway! This charming 2-bedroom, 1-bath home sits on an incredible 143-foot-deep lot, offering a rare amount of outdoor space in the city. Create a backyard sanctuary, expand, garden, entertain or let your imagination run wild. An extra-wide City-owned curb area out front provides added room for easier backing in and out. CR2 zoning opens the door to even more possibilities. All of this in the heart of South Etobicoke, close to shops, restaurants, transit, highways, the waterfront and everything The Queensway has to offer. A sweet little house, a seriously deep lot, and plenty of potential. (id:66096)

Property Details

MLS®: W14116580
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 900 ft²
Lot Size: 34 × 144 ft (4,915 sq ft)
Frontage: 34 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $4,550.15/yr
Listed: 9 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Concrete
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Stonegate-Queensway) listings, avg age

51d

Price / ft²

$1,000

List price

$900K

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 2-bed single family in Toronto (Stonegate-Queensway) has been listed for 9 days, which is 42 days fresher than the city average of 51. Act while there is still low competition.

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Listed by BRAD J. LAMB REALTY 2016 INC. · KEVIN SOMMERVILLE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $899,900, about 9.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 93% 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)

$899,900· $1,000/ft²

For sale

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Full Cost Breakdown

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Down Payment7.22% · $64,990

Min 7.22%50%

Mortgage payment$4,629/mo

↳ CMHC premium ($33,396 capitalized)

Property tax (est.)$379/mo

Total monthly$5,008

Cash Needed to Close

Down payment (7.22%)$64,990

Land transfer tax$28,946

Est. closing costs$5,200

Total cash needed$99,136

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice