1 Frankwood Road, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13101480
About this home
Welcome to 1 Frankwood Rd, completed late 2024- a brand new custom modern luxury home redefining elegant living in South Etobicokes most coveted setting, steps from Royal York & The Queensway. With over 3,900 sq. ft. on a premium 42' x 100' lot, this residence impresses with soaring ceilings (12' main, 9' upper, 9.5' lower), expansive glazing, and seamless open living anchored by a gas fireplace.The chefs kitchen boasts custom cabinetry, quartz counters & backsplash, oversized island, and Thermador built-ins including a coffee system and bar-fridge, plus walkout to a covered glass-railed patio. Upstairs: four ensuite bedrooms with custom closets, a glass-door office, and balconies front and back. The primary suite offers a walk-in, spa-inspired 6-piece bath, and sunrise views. The legal 2-bedroom lower suite features a private entrance, quartz kitchen, smart stainless appliances, in-suite laundry, and oversized windows ideal for family, guests, or staff quarters. Smart luxury throughout: heated, self-cleaning, touch-free spa-style toilets in every bath, hardwired data ports, app/voice lighting, motorized blinds, smart locks, video doorbells, Wi-Fi garage opener, two Level-2 EV chargers, central vac, BBQ line, and hot-tub-ready pad. Lifestyle perfection: walk to top-rated schools, parks, TTC, and minutes to Gardiner/QEW, Royal York & Islington stations, Mimico GO (15 min to Union). Shopping at IKEA, Costco, Home Depot, and RONA just around the corner. 1 Frankwood Rd is where design, technology, and convenience converge. More than a home its a statement.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13101480
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 7
- Size
- 2500-3000
- Lot
- 42.06 × 100.14 ft
- Cross streets
- Royal York Rd & The Queensway
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Available
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,192 / 2025
- Days on market
- 70
- Listing brokerage
- CENTURY 21 RED STAR REALTY INC.
Rooms
glass doors · hardwood floor · large window
quartz counter · large window · stainless steel appl
large closet · closet organizers · 4 pc ensuite
w/o to balcony · walk-in closet(s) · 6 pc ensuite
quartz counter · automatic doors · b/i appliances
panelled · recessed lighting · porcelain floor
hardwood floor · large window · floating stairs
porcelain floor · pot lights · staircase
closet organizers · large closet · large window
porcelain floor · large window · walk-out
w/o to balcony · closet organizers · 4 pc ensuite
hardwood floor · large window · pot lights
panelled · hardwood floor · recessed lighting
large window · hardwood floor · 4 pc ensuite
pot lights · hardwood floor · large window
gas fireplace · w/o to patio · large window
closet organizers · large closet · large window
Listed at $2,599,000, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.66M, a bit lower.
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 $3.19M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $3.24M
That comparable adjusts to $3.24M; the $3.09M estimate above is the median of all 5 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 (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Royal York Rd at Frankwood Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.09M, median of 5 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 19% below the area average of $1,165/sqft.
69 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
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: Royal York Rd at Frankwood Rd, about 36 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 $2,079,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11,095
- Property tax
- $766
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,861
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $51,450
- Toronto municipal land transfer tax
- $51,450
- Estimated closing costs
- $102,900
Plus your down payment of $519,800. 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
- $665,723
- Principal paid down
- $264,787
- Interest paid
- $400,936
- Balance remaining
- $1,814,413
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 CENTURY 21 RED STAR REALTY INC.. MLS®/PropTx.