86 Edgecroft Road, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13239500
About this home
This newly completed top-up blends stunning contemporary design with modern family functionality. Upon entry, the sun-drenched great room makes a striking first impression with high ceilings & oversized windows. Framed by a gorgeous fluted fireplace, you're soon drawn into the heart of the home - the kitchen. Draped in stunning gold accents mixed w/ warm woods, the space is anchored by a magnificent oversized quartz island. Other features include premium appliances, a panelled double fridge/freezer, wine display, dual sinks, and abundant storage. The kitchen area opens to both the living/dining room and the family room. Whether you're planning to host Christmas dinner by the fireplace, entertain 25 energetic 6-year-olds for a birthday party, or cook dinner and watch a movie, this space is the dream. The large main floor office has seamless access to the garage, side yard, and backyard deck. Drenched in sunshine, it provides an ideal WFH space or study area. Upstairs, the primary suite offers a true sense of retreat, privately set behind elegant, tall doors. Highlights include a generously sized bedroom, a walk-in closet with thoughtful custom organizers, and a 5-piece ensuite. The icing on the cake? A walkout to a private deck overlooking the garden for those times when you just need a few moments away from the happy chaos of the main floor! The 2nd, 3rd & 4th bedrooms all have en-suite bathroom access and are generously sized. An upstairs laundry area offers the ultimate in convenience. The basement of the home offers a legal 2-bedroom apartment (including a separate entrance), complete with a laundry room, new kitchen appliances, and a beautifully appointed bathroom. At over 1,000 sq ft, this is the perfect opportunity for rental income or the ideal home for grandparents downsizing and looking to stay close to family. This is the perfect family home located in a wonderful and welcoming community.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13239500
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 42.75 × 125 ft
- Cross streets
- Queensway & Islington
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private, Private Double
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Block
- Roof
- Flat, Membrane
- Sewer
- Sewer
- Property tax
- $5,128 / 2025
- Days on market
- 48
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
breakfast area · hardwood floor · stainless steel appl
combined w/dining · hardwood floor · fireplace
walk through · hardwood floor · window
laminate · combined w/living · window
combined w/great rm · hardwood floor · window
hardwood floor · balcony · 5 pc bath
laminate · closet · window
laminate · window
ensuite bath · hardwood floor · window
laminate · closet · window
w/o to deck · hardwood floor · window
walk-thru · hardwood floor · closet
Listed at $2,299,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Stonegate-Queensway lately, sellers have been getting about 99% of asking and homes sell in about 25 days. Prices are down 4% versus a year ago.
Based on 67 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 67 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.26M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, sold for $1.99M
- Bathrooms +$30K
- Adjusts to $2.02M
That comparable adjusts to $2.02M; the $2.27M estimate above is the median of all 67 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $2.27M, median of 67 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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 0% above the area average of $1,022/sqft.
47 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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,815
- Property tax
- $427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,242
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,950
- Toronto municipal land transfer tax
- $43,950
- Estimated closing costs
- $87,900
Plus your down payment of $459,800. 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
- $588,879
- Principal paid down
- $234,223
- Interest paid
- $354,657
- Balance remaining
- $1,604,977
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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.