42 Berl Avenue, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13561474

$2,649,000
For Sale
Listed 3 days ago
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4Bedrooms
3Bathrooms
1Garage · 4 parking
2000-2500Sq Ft

About this home

No, this isn't the house from The Notebook, but if you've ever dreamed of owning a home thatfeels like it belongs in a movie; stop scrolling.Welcome to 42 Berl Avenue in Etobicokes Stonegate - Queensway Neighborhood where city lifemeets country feel.Tucked off The Queensway, you are steps to the ICONIC Tom's Dairy Freeze which is the BEST wayto spend your weekends.The rest of your time? In your beautifully landscaped backyard with not only a deck, butgorgeous gardens, stone patio and landscape lighting for those afternoons that turn late night.Whether you're hosting the holidays, celebrating life's milestones or simply spending time withyour family, the main floor is an entertainers dream.On the second level, 4 family sized bedrooms await you with your private master retreatfeaturing a see-through fireplace and spa-like ensuite.Movie night is made easy in the basement with a rec room perfect for slouching on yoursectional and watching your favourite flick.This home has it all. From every tiled floor, including the kitchen and the laundry room; beingheated, to heated towel racks in the bathrooms to an EV charger in the garage, all you need todo is turn the key and unpack.Your new life awaits you at 42 Berl Avenue.

Key facts

Property type
Detached, 2-Storey
MLS®
W13561474
Bedrooms
4
Bathrooms
3
Size
2000-2500
Lot
50.07 × 133.74 ft
Cross streets
Royal York and The Queensway
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete, Other, Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,793 / 2026
Days on market
3
Listing brokerage
THE AGENCY

Rooms

Bedroom 3Second3.49 × 3.52 m

hardwood floor · window · closet

Bedroom 2Second3.49 × 4.84 m

window · closet · hardwood floor

Bedroom 4Second3.87 × 3.45 m

window · closet · window

FoyerMain3.58 × 3.12 m

hardwood floor · open concept · window

OtherBasement3.58 × 4.14 m

wet bar · open concept · laminate

RecreationBasement4.35 × 10.42 m

open concept · laminate · window

KitchenMain4.10 × 4.40 m

heated floor · granite counters · stainless steel appl

LaundryBasement3.49 × 1.47 m

separate room · heated floor · window

Cold Room/CantinaBasement1.76 × 1.09 m

separate room · concrete floor · unfinished

BedroomSecond5.96 × 5.23 m

fireplace · 3 pc ensuite · window

Living RoomMain3.71 × 6.29 m

window · hardwood floor · overlooks dining

Dining RoomMain3.84 × 4.23 m

hardwood floor · w/o to deck · overlooks living

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.24Mest. value

Listed at $2,649,000, this home is about 18% above what comparable homes suggest. 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 $2.26M, 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 $3.00M
  • Bathrooms −$15K
  • Adjusts to $2.98M

That comparable adjusts to $2.98M; the $2.24M 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, this is a very walkable address with everyday errands close by. The Queensway at Milton St is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.00MGreat deal$2.65MOverpriced

Total price vs nearby homes. Fair value about $2.24M, median of 5 comparables.

Comparable listingsCurrently listed nearby · asking prices
$2.08Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

47 Soudan Avenue$2.29M40 Stonemanse Court$1.55M10 Wingrove Hill$2.30M245 Florence Avenue$2.20M

The 4 closest active listings nearby.

See all comparable homes
2.65MThis home2.29M1.55M2.30M2.20MThis home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $2.60M
$1,177this home / sqft
6active listings nearby
3days on market

This home lists 11% above the area average of $1,056/sqft.

2 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Stonegate-Queensway, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

74/ 100

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: The Queensway at Milton St, about 294 m away

20+ transit stops3 grocery20+ dining20+ parks10 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Alderwood
$998K
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 0.2 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$12,073/mo
$484KIncome needed
5.5×Price ÷ income
$2,786Weekly cost
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $12,073Property tax $733Total carry $12,806

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,309per month

Mortgage amount $2,119,200 · 4.14% over 25 years

$529,800Down payment (20.0%)
$2,119,200Loan before insurance
$0CMHC premium
$12,042Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,309
Property tax
$733
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,042

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$52,700
Toronto municipal land transfer tax
$52,700
Estimated closing costs
$105,400

Plus your down payment of $529,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13,736/monthPayment at the qualifying rate

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

$1,273,451Total interest paid
$3,392,651Total of all payments
Principal $2,119,200 Interest $1,273,451
YearPrincipalInterestBalance
1$49,646$86,061$2,069,554
2$51,722$83,984$2,017,832
3$53,886$81,820$1,963,947
4$56,140$79,567$1,907,807
5$58,488$77,218$1,849,319
6$60,934$74,772$1,788,385
7$63,483$72,223$1,724,902
8$66,138$69,568$1,658,764
9$68,905$66,801$1,589,859
10$71,787$63,919$1,518,072
11$74,790$60,916$1,443,282
12$77,918$57,788$1,365,364
13$81,177$54,529$1,284,186
14$84,573$51,133$1,199,613
15$88,110$47,596$1,111,503
16$91,796$43,910$1,019,707
17$95,636$40,070$924,071
18$99,636$36,070$824,435
19$103,804$31,902$720,632
20$108,146$27,561$612,486
21$112,669$23,037$499,817
22$117,382$18,324$382,435
23$122,292$13,414$260,143
24$127,407$8,299$132,736
25$132,736$2,970$0

At the end of your 5-year term

Total paid over the term
$678,530
Principal paid down
$269,881
Interest paid
$408,650
Balance remaining
$1,849,319

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
1.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.9%
Gross yield
− Property tax $8,793− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,663

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE AGENCY. MLS®/PropTx.

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