98 Government Road, Toronto, ON
Kingsway South, Toronto · MLS® W13066952
About this home
Situated in the prestigious Kingsway South community of Etobicoke, this beautifully renovated Olde Kingsway Tudor-style residence blends timeless character with sophisticated modern living. A stunning family room addition, complete with skylights and a walkout to a private deck, creates a seamless connection to the professionally landscaped gardens, offering an ideal setting for effortless indoor-outdoor living. Designed for both everyday comfort and elegant entertaining, the home features refined gathering spaces, including a formal dining room and a welcoming front living room. The thoughtfully planned addition also introduces a gourmet kitchen tailored for passionate home chefs. Originally configured as a three-bedroom home, the layout has been reimagined to provide more expansive, luxurious spaces. The primary suite is a true retreat, showcasing a raised whirlpool tub, separate shower, and skylights that bathe the room in natural light. Two fireplaces add warmth and charm throughout the home. Peace of mind comes with a series of recent updates, including refinished flooring (2023), newer hardwood flooring in the living room (2023), deck (2019), exterior paint (2024), exterior stucco (2021), a newer roof (2020) and an owned furnace and hot water tank (2019). Perfectly positioned within walking distance to Lambton Kingsway School and the boutiques, cafés, and amenities of Bloor Street, this exceptional home offers a rare opportunity to experience the best of Kingsway living. A must-see for those seeking elegance, comfort, and a truly special setting.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13066952
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 35 × 140 ft
- Cross streets
- Royal York/Government
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,376 / 2025
- Days on market
- 77
- Listing brokerage
- SAM MCDADI REAL ESTATE INC.
Rooms
cedar closet(s) · b/i shelves
gas fireplace · bay window · hardwood floor
b/i shelves · double sink
3 pc ensuite · laminate · window
w/o to yard · fireplace · skylight
formal rm · french doors · crown moulding
combined w/great rm · w/o to deck · family size kitchen
slate flooring · b/i closet · leaded glass
large closet · picture window · california shutters
semi ensuite · walk-in closet(s) · skylight
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairOn schools, this address is zoned for Etobicoke Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Dundas St West at Prince Edward Dr North is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $1,198/sqft.
76 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kingsway South, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Dundas St West at Prince Edward Dr North, about 167 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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,260,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,724
- Property tax
- $615
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,338
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,975
- Toronto municipal land transfer tax
- $27,975
- Estimated closing costs
- $55,950
Plus your down payment of $315,000. 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
- $403,430
- Principal paid down
- $160,461
- Interest paid
- $242,968
- Balance remaining
- $1,099,539
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 SAM MCDADI REAL ESTATE INC.. MLS®/PropTx.