496 The Kingsway, Toronto, ON
Princess-Rosethorn, Toronto · MLS® W13246670
About this home
"Princess Anne Manor" - a showstopping, meticulously renovated ranch bungalow nestled in one of Etobicoke's most coveted pockets. A thoughtfully designed addition introduces a sun-filled eat-in kitchen and an irresistibly cozy sitting room, seamlessly blending classic charm with modern living. Every inch has been appointed with care and intention, making this the perfect backdrop for a young family putting down roots or an executive couple who loves to entertain in style.Relax away the hours on the private, inviting front porch before stepping into a formal living room anchored by a gorgeous double-sided fireplace shared with the sitting room - a true architectural statement. Gleaming maple hardwood flows throughout. Host dinner parties for 16 in the generously proportioned dining room, designed for memorable evenings.The heart of the home, the chef's kitchen, features built-in stainless steel appliances, custom stainless steel counters and backsplash, and oodles of maple cabinetry. The sun-drenched breakfast room walks out to a manicured backyard complete with a stylish gazebo - your own private retreat.The primary bedroom offers a 3pc ensuite and walk-in closet. A beautifully appointed office serves equally well as a 3rd bedroom. The lower level is a dream for a teenager or returning university student - a full bedroom, washroom, and spacious rec room await. Even the laundry room impresses with its wall of maple cabinetry and stainless counters. The workshop offers serious space for hobbyists or easily convert it into a home gym.Coveted Richview school catchment, steps to St. Georges Golf Club, one bus to subway, easy highway access, and wonderful shops at Richview and Lloyd Manor Plazas. A beloved, tree-canopied community where memories are made for generations.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13246670
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 80 × 142 ft
- Cross streets
- The Kingsway Between Islington & Kipling.
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,515 / 2026
- Days on market
- 42
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
above grade window · broadloom
gas fireplace · hardwood floor · overlooks backyard
picture window · formal rm · hardwood floor
closet · above grade window · broadloom
stainless steel coun · b/i shelves · vinyl floor
gas fireplace · open concept · overlooks backyard
w/w closet · hardwood floor · window
stainless steel appl · stainless steel coun · hardwood floor
3 pc ensuite · walk-in closet(s) · hardwood floor
vinyl floor · combined w/workshop
combined w/kitchen · hardwood floor · w/o to yard
walk-in closet(s) · ceramic floor
hardwood floor · window · overlooks frontyard
Listed at $2,048,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.37M, 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 $2.00M
- Bedrooms −$30K
- Adjusts to $1.97M
That comparable adjusts to $1.97M; the $2.20M estimate above is the median of all 6 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.
On schools, this address is zoned for John G Althouse Middle School, 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Kipling Ave at The Kingsway is about a 3-minute walk away.
Total price vs nearby homes. Fair value about $2.20M, median of 6 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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 15% below the area average of $1,375/sqft.
41 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Princess-Rosethorn, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Kipling Ave at The Kingsway, about 259 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 $1,638,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,743
- Property tax
- $793
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,536
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $37,675
- Toronto municipal land transfer tax
- $37,675
- Estimated closing costs
- $75,350
Plus your down payment of $409,600. 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
- $524,587
- Principal paid down
- $208,651
- Interest paid
- $315,936
- Balance remaining
- $1,429,749
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 ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.