$1,699,000

For sale

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

622 The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Y1K3

6 beds5 baths2 parking ft²

81 Wesley Street, Toronto (Stonegate-Queensway), Ontario, M8Y2W8

3 bd3 ba2 pk1,750 ft²Lot size 16 × 76 ft (1,216 sq ft)

12 Brentwood Road South, Toronto (Stonegate-Queensway), Ontario, M8Z3N2

4 bd2 ba6 pk900 ft²Lot size 33 × 90 ft (2,997 sq ft)

Listed by RE/MAX WEST REALTY INC.

102 Edgecroft Road, Toronto (Stonegate-Queensway), Ontario, M8Z2C3

For saleJust listed

Yesterday

$999K

102 Edgecroft Road, Toronto (Stonegate-Queensway), Ontario, M8Z2C3

3 bd1 ba4 pk900 ft²Lot size 41 × 125 ft (5,175 sq ft)

Listed by REALTY ONE GROUP FLAGSHIP

21 McIntosh Avenue, Toronto (Stonegate-Queensway), Ontario, M8Y3E1

For saleJust listed

Yesterday

$1.28M

21 McIntosh Avenue, Toronto (Stonegate-Queensway), Ontario, M8Y3E1

5 bd4 ba7 pk900 ft²Lot size 41 × 120 ft (4,952 sq ft)

Listed by RE/MAX REALTY SERVICES INC.

Investment analysis

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$1,699,000

Toronto

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Description

Great Opportunity at 622 The Queensway! Spacious 4+2 bedroom, 5 bathroom home offering incredible versatility for homeowners, investors, or live/work users. Features a large foyer with impressive circular staircase, granite flooring, and skylights that bring in plenty of natural light. Finished basement with separate entrance is ideal for an in-law or nanny suite. Attached workspace offers many possible uses. Excellent exposure in a prime location. A rare opportunity to live, work, and prosper with the convenience of no commute! (id:66096)

Property Details

MLS®: W13481040
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 5
Parking: 2
Interior Size: 2,750 ft²
Lot Size: 40 × 120 ft (4,800 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Other, No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $6,153/yr
Listed: 135 days ago

Rooms

Main level

Foyer: 2.72 x 2.13 meters
Bedroom: 3.79 x 2.96 meters
Bedroom 2: 3.91 x 2.96 meters
Living room: 5.06 x 3.32 meters
Kitchen: 3.48 x 6.05 meters
Sunroom: 2.69 x 7.11 meters
Workshop: 5.77 x 4.14 meters

Second level

Bedroom 4: 3.91 x 3.23 meters
Primary Bedroom: 7.32 x 3.12 meters
Bedroom 2: 3.61 x 2.93 meters
Bedroom 3: 4.67 x 3.23 meters

Basement

Family room: 4.62 x 2.49 meters
Kitchen: 7.04 x 2.92 meters
Bedroom: 3.48 x 2.62 meters
Furnace: 1.56 x 1.21 meters
Bedroom 2: 5.49 x 3.94 meters

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

Market Timing

Days on market

135d

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$618

List price

$1.70M

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.

Area context

Neighbourhood profile (M8Y)

This home lists at $1,699,000, about 18.7× the local median household income of $91,000.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 265% 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)

$1,699,000· $618/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,800

Min 20%50%

Mortgage payment$7,246/mo

Property tax (est.)$513/mo

Total monthly$7,759

Cash Needed to Close

Down payment (20%)$339,800

Land transfer tax$60,910

Est. closing costs$7,597

Total cash needed$408,307

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

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M8Y)

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