$549,000

$569,000For sale

#108 25 neighbourhood Lane, Toronto (Stonegate-Queensway), Ontario, M8Y0C4

2 bd1 ba1 pk650 ft²+$588/mo

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3 bd3 ba2 pk1,500 ft²+$920/mo

Listed by BOSLEY REAL ESTATE LTD.

#2509 10 Park Lawn Road, Toronto (Stonegate-Queensway), Ontario, M8V0H9

For saleJust listed

3 days ago

$695K

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3 bd2 ba1 pk850 ft²+$754/mo

Listed by ROYAL LEPAGE SIGNATURE REALTY

#12 8 Kinsdale Boulevard, Toronto (Stonegate-Queensway), Ontario, M8Y1T9

For sale

8 days ago

$319K

#12 8 Kinsdale Boulevard, Toronto (Stonegate-Queensway), Ontario, M8Y1T9

1 bd1 ba750 ft²+$529/mo

Listed by REMAX YOUR COMMUNITY REALTY

Investment analysis

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$549,000

Toronto

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#507 25 Neighbourhood Lane, Toronto (Stonegate-Queensway) - Single Family for Sale

#507 25 Neighbourhood Lane, Toronto (Stonegate-Queensway), Ontario, M8Y0C4

3 beds2 baths1 parking850 ft²$780/mo condo feeListed 182 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $549,000, it is attractively priced about 11% below the $614,900 median asking price in Toronto.

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Description

Bright, Spacious & Move-In Ready 2 Bed + Den, 2 Bath Condo with Stunning Views. Welcome to this beautifully designed condo featuring a bright open-concept layout that perfectly blends comfort and functionality-ideal for both everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances, a sleek backsplash, and elegant Caesarstone countertops, offering both style and practicality. The spacious living and dining area flows effortlessly to a private balcony, where you can unwind and enjoy unobstructed views along with plenty of natural sunlight throughout the day. Residents enjoy access to premium building amenities, including a fully equipped fitness centre, guest suites, party room, bike storage, rooftop terrace, and ample visitor parking. Perfectly located just steps from the Humber River, scenic parks, and walking trails, and only minutes to schools, shopping, restaurants, grocery stores, and quick access to the QEW, this home offers the ideal balance of nature and urban convenience. A perfect place to call home. ALSO INCLUDED IS UNIT 36, LEVEL D, UNIT 84, LEVEL D, TORONTO STANDARD CONDOMINIUM PLAN NO. 2983 (id:66096)

Property Details

MLS®: W13099554
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $780/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,212/yr
Listed: 182 days ago

Features

Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

182d

Toronto (Stonegate-Queensway) listings, avg age

50d

Price / ft²

$646

List price

$549K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX EXCELLENCE REAL ESTATE · MANDEEP SINGH DHESI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $549,000, about 6.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 18% 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)

$549,000· $646/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$268/mo

Condo fee$780/mo

Total monthly$3,926

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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