14 Norseman Street, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13565640

$1,499,000
For Sale
Listed 2 days ago
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4Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq Ft

About this home

A stunning opportunity to own a meticulously renovated home in sought-after Springbrook Gardens, just steps to top-rated schools, shops, restaurants, Bloor Street and the Mimico Creek Trail. Designed for modern living, this exceptional residence blends timeless craftsmanship with premium finishes and thoughtful functionality throughout. The sun-filled open-concept main floor is anchored by a chef-inspired kitchen featuring premium Bosch built-in appliances, a Samsung gas cooktop, panel-ready dishwasher, speed oven/microwave wall unit, wine fridge, and an oversized island perfect for entertaining. Custom ash veneer solid-core doors with concealed hinges, Italian hidden sliding door hardware, built-in Klipsch speakers, functional wood-burning fireplace and a smart thermostat elevate the home's luxurious feel. Large aluminum tilt-and-turn European windows with thermal breaks flood the home with natural light while maximizing energy efficiency. Step outside to an expansive three-level deck designed for year-round enjoyment, complete with a gas fire table and built-in projector screen for outdoor movie nights. The versatile lower level offers excellent in-law suite potential, creating an ideal opportunity for multigenerational living. Additional highlights include a 2024 furnace, 2026 smart garage door opener, EV charger in the garage, double private driveway with parking for up to five vehicles, and exceptional attention to detail throughout. Perfectly positioned for commuters, you're just approximately 6 minutes to the QEW, 7 minutes to Mimico GO Station, 9 minutes to Royal York Station, and 10 minutes to Kipling GO Station (off-peak driving times). Enjoy the convenience of quick access to downtown Toronto while living in one of Etobicoke's most desirable neighbourhoods. This is a rare opportunity to own a truly move-in-ready home where luxury, comfort, and functionality come together.

Key facts

Property type
Detached, Bungalow
MLS®
W13565640
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
48 × 110 ft
Cross streets
Norseman and Islington
Parking
1 garage · 5 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,402 / 2025
Days on market
2
Listing brokerage
Bridge Inc.

Rooms

Living RoomMain6.40 × 3.78 m

fireplace · built-in speakers · hardwood floor

Bedroom 2Main2.96 × 3.79 m

walk-out · closet · hardwood floor

BathroomBasement3.03 × 2.64 m

3 pc bath · window · moulded sink

RecreationBasement6.43 × 3.93 m

large window · laminate

Primary BedroomMain4.81 × 3.36 m

hardwood floor · closet · large window

KitchenBasement3.83 × 2.64 m

window · breakfast bar · stainless steel appl

KitchenMain4.37 × 3.09 m

built-in speakers · pot lights · b/i appliances

StudyBasement3.63 × 4.12 m
Bedroom 4Basement4.24 × 4.12 m

large closet · window

Dining RoomMain2.59 × 3.09 m

large window · hardwood floor · pot lights

LaundryBasement6.43 × 3.47 m

large closet · linen closet · bar sink

BathroomMain1.55 × 3.36 m

double sink · window · 3 pc bath

Bedroom 3Main3.15 × 2.64 m

hardwood floor · window

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.72Mest. value

Listed at $1,499,000, this home is about 13% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.50M, a bit lower.

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 $1.30M
  • Bedrooms +$30K
  • Adjusts to $1.33M

That comparable adjusts to $1.33M; the $1.72M estimate above is the median of all 8 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. Royal York Rd at Norseman St is about a 2-minute walk away.

List price
$1.50MGreat deal$1.83MOverpriced

Total price vs nearby homes. Fair value about $1.72M, median of 8 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.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Stonegate-Queensway · asking prices
$1.92Mavg asking

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

200 Berry Road$1.69M5 Rosewood Avenue$1.30M3 Kellogg Street$1.70M55 Van Dusen Boulevard$2.99M

The 4 closest active listings nearby.

See all comparable homes
1.50MThis home1.69M1.30M1.70M2.99MThis home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $1.37M
$1,153this home / sqft
10active listings nearby
2days on market

This home lists 19% below the area average of $1,427/sqft.

1 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

54/ 100

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: Royal York Rd at Norseman St, about 124 m away

20+ transit stops3 grocery20+ dining20+ parks8 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 · 0.9 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$6,832/mo
$280KIncome needed
5.4×Price ÷ income
$1,577Weekly 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.

93%mortgage
Mortgage $6,832Property tax $534Total carry $7,365

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%
$
%
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)
$6,399per month

Mortgage amount $1,199,200 · 4.14% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$6,933Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,399
Property tax
$534
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,933

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,773/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

$720,613Total interest paid
$1,919,813Total of all payments
Principal $1,199,200 Interest $720,613
YearPrincipalInterestBalance
1$28,093$48,699$1,171,107
2$29,268$47,524$1,141,839
3$30,492$46,300$1,111,346
4$31,768$45,025$1,079,578
5$33,097$43,696$1,046,482
6$34,481$42,311$1,012,000
7$35,923$40,869$976,077
8$37,426$39,367$938,651
9$38,991$37,801$899,660
10$40,622$36,170$859,037
11$42,322$34,471$816,716
12$44,092$32,701$772,624
13$45,936$30,856$726,688
14$47,858$28,935$678,830
15$49,859$26,933$628,971
16$51,945$24,848$577,026
17$54,118$22,675$522,908
18$56,381$20,411$466,526
19$58,740$18,053$407,787
20$61,197$15,596$346,590
21$63,757$13,036$282,833
22$66,423$10,369$216,410
23$69,202$7,591$147,208
24$72,096$4,696$75,112
25$75,112$1,680$0

At the end of your 5-year term

Total paid over the term
$383,963
Principal paid down
$152,718
Interest paid
$231,244
Balance remaining
$1,046,482

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$2,300/mo
$27,600Gross annual rent
1.1%Est. cap rate

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.

1.8%
Gross yield
− Property tax $6,402− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,762

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

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