43 Ballacaine Drive, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13029896
About this home
David Small Designs Newly built custom modern home in prime Sunnylea community, nestled within natural canopy and captivating walkways and tree lined streets .. an oasis of calm, peace and quiet mere steps to parks and walking trails, exceptional public and catholic schools and the hustle bustle of Shops on the Kingsway on Bloor West. Preferred 4+1 Bedrooms with 5 Bathrooms crafted in a stunning modern aesthetic designed for the discriminating buyer. 6 car parking with attached 2 car heated garage, fully fenced yard with landscaping, and nearly 5,000 square feet of fully finished living space across 3 levels. Light filled architecture design with multiple corner windows, art gallery style 2nd floor foyer area and generous room sizes throughout. Open concept family room with gas fireplace overlooking modern kitchen with eat in counter top space and formal dining room, with den office and large laundry room completing the main level with finished carpentry and foyer shelving. Lower level features a large multiple purpose recreational room with finished shelving and cabinetry with 5th bedroom featuring walk in closet and ensuite private bath, and enclosed work crafts room. Finished home throughout with exceptional storage design. Designed and built by one of Toronto's most accomplished builders and a truly beautiful, nuanced design.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13029896
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 2500-3000
- Lot
- 50 × 110 ft
- Cross streets
- Glenellen Drive East / Royal York
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Metal/Steel Siding, Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $12,714 / 2026
- Days on market
- 87
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
hardwood floor · overlooks backyard · gas fireplace
window · walk-in closet(s) · 3 pc ensuite
hardwood floor · modern kitchen · stainless steel appl
hardwood floor · picture window · combined w/office
hardwood floor · separate room · window
cedar closet(s) · central vacuum
w/o to garage · corian counter · 2 pc bath
hardwood floor · 3 pc ensuite · walk-in closet(s)
walk-in closet(s) · 5 pc ensuite · dry bar
hardwood floor · 4 pc bath · walk-in closet(s)
hardwood floor · illuminated ceiling · overlooks frontyard
b/i bookcase · broadloom · b/i bar
Listed at $3,480,000, this home is about 16% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.18M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $2.95M
- Adjusts to $2.95M
That comparable adjusts to $2.95M; the $2.99M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Prince Edward Dr South at Kirk Bradden Rd East is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $2.99M, median of 8 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 21% above the area average of $1,049/sqft.
86 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Prince Edward Dr South at Kirk Bradden Rd East, about 333 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $2,784,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,856
- Property tax
- $1,060
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,916
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,475
- Toronto municipal land transfer tax
- $78,275
- Estimated closing costs
- $151,750
Plus your down payment of $696,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $891,387
- Principal paid down
- $354,543
- Interest paid
- $536,844
- Balance remaining
- $2,429,457
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.