296 The Kingsway, Toronto, ON

Edenbridge-Humber Valley, Toronto · MLS® W13562212

$3,999,999
For Sale
Listed 97 days agoNo offer date statedSitting longer than typical
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6+1Bedrooms
3Bathrooms
3Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Development opportunity: Two assembled parcels at 296 The Kingsway, Etobicoke creating a rare oversized corner site approx.
  • 120' x 160' (ideal for redevelopment).
  • Buyer to verify zoning, permitted uses, severance, development potential and municipal approvals (RM (f24; au116)).

Development opportunity: Two assembled parcels at 296 The Kingsway, Etobicoke creating a rare oversized corner site approx. 120' x 160' (ideal for redevelopment). Prime location near multi-residential developments and major amenities along The Kingsway corridor. Ideal for builders, developers & investors. Buyer to verify zoning, permitted uses, severance, development potential and municipal approvals (RM (f24; au116)).

Key facts

Property type
Detached, 2-Storey
MLS®
W13562212
Bedrooms
6+1 (7 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
120 × 160 ft
Cross streets
The kingway/Anglessey Blvd
Parking
3 garage · 6 parking (attached)
Driveway
Available
Basement
Separate Entrance
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,565 / 2026
Days on market
97
Listing brokerage
Unity Realty Brokerage Inc

Rooms

Living RoomMain5.58 × 5.18 m

hardwood floor · moulded ceiling · fireplace

KitchenMain3.93 × 3.60 m

Centre Island

BedroomSecond3.11 × 2.44 m
Primary BedroomSecond4.33 × 3.93 m

hardwood floor · double closet

KitchenSecond3.93 × 3.60 m
Dining RoomSecond3.93 × 3.20 m
Dining RoomMain3.93 × 3.20 m

hardwood floor · moulded ceiling

Family RoomSecond5.58 × 5.18 m

Fireplace

BedroomSecond3.96 × 3.05 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

On schools, this address is zoned for Humber Valley Village Junior 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.

What sellers nearby are askingCurrently listed nearby in Edenbridge-Humber Valley · asking prices
$2.61Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,061/sqft; this home lists at $2,286/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
4.00MThis home1.75M3.99M2.47M2.85M2.00MThis home vs active comparables

Neighbourhood & location

Edenbridge-Humber Valley, 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.

Nearby neighbourhoods

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

Islington-City Centre West
$1.54M
Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Humber Valley Village Junior Middle School
85%
Humber Valley Village Junior Middle SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 85% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Lambton Kingsway Junior Middle School · Public elementary1.1 km · 91% at standard
Rosethorn Junior School · Public elementary1.5 km · 65% at standard
Warren Park Junior Public School · Public elementary1.8 km · 74% at standard
Islington Junior Middle School · Public elementary1.9 km · 66% at standard
St Gregory Catholic School · Catholic elementary1.9 km · 83% at standard
St George's Junior School · Public elementary1.9 km · 81% at standard
Lambton Park Community School · Public elementary1.9 km · 52% at standard
Frank Oke Secondary School · Public secondary2.1 km
St James Catholic School · Catholic elementary2.1 km · 88% at standard
Richview Collegiate Institute · Public secondary2.2 km · 82% at standard
St Demetrius Catholic School · Catholic elementary2.4 km · 76% at standard
Our Lady of Peace Catholic School · Catholic elementary2.4 km · 71% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$18,231/mo
$720KIncome needed
5.6×Price ÷ income
$4,207Weekly cost
$182,950Land transfer tax, one-time (Ontario + Toronto)
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.

95%mortgage
Mortgage $18,231Property tax $880Total carry $19,111

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,693per month

Mortgage amount $3,199,999 · 4.49% over 25 years

$800,000Down payment (20.0%)
$3,199,999Loan before insurance
$0CMHC premium
$18,574Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,693
Property tax
$880
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$18,574

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

One-time closing costs

Ontario land transfer tax
$86,475
Toronto municipal land transfer tax
$96,475
Estimated closing costs
$182,950

Plus your down payment of $800,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$21,415/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

$2,108,004Total interest paid
$5,308,003Total of all payments
Principal $3,199,999 Interest $2,108,004
YearPrincipalInterestBalance
1$71,410$140,910$3,128,589
2$74,653$137,667$3,053,936
3$78,042$134,278$2,975,894
4$81,586$130,735$2,894,308
5$85,290$127,030$2,809,018
6$89,162$123,158$2,719,856
7$93,211$119,109$2,626,645
8$97,443$114,877$2,529,202
9$101,867$110,453$2,427,335
10$106,492$105,828$2,320,843
11$111,328$100,993$2,209,515
12$116,382$95,938$2,093,133
13$121,667$90,654$1,971,466
14$127,191$85,129$1,844,275
15$132,966$79,354$1,711,310
16$139,003$73,317$1,572,307
17$145,314$67,006$1,426,993
18$151,912$60,408$1,275,081
19$158,809$53,511$1,116,272
20$166,020$46,300$950,252
21$173,558$38,762$776,694
22$181,438$30,882$595,256
23$189,676$22,644$405,579
24$198,288$14,032$207,291
25$207,291$5,029$0

At the end of your 5-year term

Total paid over the term
$1,061,601
Principal paid down
$390,981
Interest paid
$670,620
Balance remaining
$2,809,018

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$3,150/mo
$37,800Gross annual rent
0.5%Cap rate after taxes and upkeep

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 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.

0.9%
Gross yield
− Property tax $10,565− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $21,677

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Unity Realty Brokerage Inc. MLS®/PropTx.

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