101-185 Stephen Drive, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13485812
About this home
An Oasis in the City! Value & Location ! Bright, Quiet, S/W facing 539 Sq Ft. Recently Reno'd. OPEN CONCEPT Studio W/large sleeping alcove. current upgrades of new baseboard hot water rads, New LR window on order, Newly refinished wood floors thru out + Office Or Dressing Rm in Deco inspired Exclusive financially secure Humber Terrace Apartments Co-op. Located on a quiet dead end street where Nature is your neighbour in this Stonegate Country like location. Ravine-Woods-Trees--Humber River Bike & Walking Trails and the Lake surround this Co-op on the North and East Sides. Kayaking -Canoeing - Ice Skating - Bird Watching and the Humber River Salmon Run, Snapping Turtle Nesting areas or relaxing in the Co-op Backyard or the River Banks are also options weather permitting. Short walk to Berry-Stephen Humber loop bus stop with 5 minute bus ride to Old Mill Subway Station or Bloor West Village. 25 minute subway ride to downtown Toronto. Nearby is QEW W/multiple shopping plazas, close to parks & highways. Well maintained efficiently run financially secure Co-op with special attention to maintaining and upgrading details. Note reasonable inclusive Maintenance & Taxes. Enjoy these life style options between Living in quiet Country like surroundings in this charming Unique 22 unit Co-op with a wonderful community of residents along with having the closeness of the City life of Downtown Toronto.Unlimited free laundry machine use incl. Parking lot is carefully cleared of snow. Unit IS on wait list for a garage. It does not get better than this. SEE backyard pictorial activities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13485812
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Stephen Drive & Berry Rd
- Parking
- 1 parking
- Basement
- None
- Heating
- Radiant
- A/C
- None
- Exterior
- Brick
- Foundation
- Concrete
- Maintenance
- $634/mo
- Exposure
- South West
- Property tax
- $955 / 2025
- Days on market
- 23
- Listing brokerage
- RE/MAX CONDOS PLUS CORPORATION
Rooms
combined w/dining · large window · overlooks frontyard
mirrored closet · hardwood floor · ceiling fan(s)
mirrored closet · double closet · parquet
centre island · stone floor · sw view
mirrored closet · hardwood floor
Listed at $345,000, this home is about 22% 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 $195K, lower than the comparables and worth a second look.
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 $440K
- Adjusts to $440K
That comparable adjusts to $440K; the $440K 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 (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. Berry Rd at Stephen Dr is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $440K, 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- 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.
- Worth verifying
- Lifestyle
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 22% below the area average of $805/sqft.
On the market now.
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
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: Berry Rd at Stephen Dr, about 341 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
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 $276,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,473
- Property tax
- $80
- Condo / maintenance fees
- $634
- Heating
- $0
- Estimated monthly cost
- $2,186
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $3,650
- Toronto municipal land transfer tax
- $3,650
- Estimated closing costs
- $7,300
Plus your down payment of $69,000. 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
- $88,370
- Principal paid down
- $35,149
- Interest paid
- $53,222
- Balance remaining
- $240,851
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 RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.