32 Mendota Road, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13569046

$1,258,000
For Sale
Listed 2 days ago
3Bedrooms
3Bathrooms
2Garage · 3 parking
1500-2000Sq Ft

About this home

Set on a corner lot, this freehold townhome offers nearly 2,000 square feet of thoughtfully designed living space, combining privacy, generous proportions, and abundant natural light from additional windows throughout. Updated finishes and careful details create a home that is both stylish and functional. At the heart of the home is the beautifully appointed kitchen, anchored by a marble centre island that serves as the perfect gathering place for everyday meals, morning coffee, and entertaining. The open-concept living and dining areas flow seamlessly to a private terrace with a BBQ hookup, creating an effortless indoor-outdoor lifestyle during the warmer months. The upper level is dedicated to the primary suite, offering a level of privacy rarely found in townhouse living. Complete with a spacious five-piece ensuite, walk-in closet, and balcony, it provides a peaceful retreat from the rest of the home. The second level features two additional bedrooms, a full bathroom, and a convenient laundry room. One bedroom was converted from a previous living area and can easily be restored to its original layout by removing the wall and closet, offering flexibility to suit your lifestyle. Whether you require additional living space, a family room, guest accommodation, or a home office, the layout can evolve with your needs. Practicality continues with exceptional storage throughout, direct access from the two-car garage, and a separate side entrance. Within the garage, a versatile bonus area provides the perfect space for a home gym, workshop, additional storage, or whatever best complements your lifestyle. With parking for two vehicles in the garage plus an additional space on the driveway, this home offers a level of convenience rarely found in the city. Located just moments from parks, schools, transit, local shops, restaurants, and the waterfront, this exceptional residence offers the perfect balance of a quiet residential setting and effortless access to every amenity.

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13569046
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000
Lot
15.68 × 54.82 ft
Cross streets
Royal York & The Queensway
Parking
2 garage · 3 parking (built-in)
Driveway
Private
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,766 / 2025
Days on market
2
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Rooms

Living RoomSecond4.24 × 3.40 m

w/o to balcony · hardwood floor · california shutters

LaundryThird1.80 × 1.50 m

b/i shelves · tile floor · swing doors

KitchenSecond3.99 × 3.18 m

centre island · stainless steel appl · stone counters

Dining RoomSecond3.84 × 2.82 m

combined w/kitchen · hardwood floor · large window

Bedroom 2Third4.24 × 3.91 m

california shutters · hardwood floor · closet

FoyerGround3.68 × 0.99 m

hardwood floor · california shutters · double closet

Bedroom 3Third4.24 × 2.74 m

murphy bed · california shutters · closet

Primary BedroomUpper4.55 × 4.24 m

5 pc bath · walk-in closet(s) · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.17Mest. value

Listed at $1,258,000, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Stonegate-Queensway, so I widened the search to the surrounding area.

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 $1.00M, 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 $1.10M
  • Bedrooms −$30K
  • Adjusts to $1.07M

That comparable adjusts to $1.07M; the $1.17M 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. Grand Ave at Dalesford Rd South Side is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.11MGreat deal$1.26MOverpriced

Total price vs nearby homes. Fair value about $1.17M, 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.

  • Open-concept layout: modern, sought-after flow.
  • Corner lot: more light and frontage, sometimes at the cost of privacy.
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$995kavg asking

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

175B Finch Avenue$1.10M64 Curzon Street$1.07M2 Hayes Lane$1.06M110 Tisdale Avenue$899k1-2A Muir Avenue$849k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.26MThis home1.10M1.07M1.06M899k849kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $979K
$719this home / sqft
78active listings nearby
2days on market

This home lists 7% above the area average of $670/sqft.

7 days faster than the Toronto average (9 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

77/ 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: Grand Ave at Dalesford Rd South Side, about 243 m away

20+ transit stops8 grocery20+ dining20+ parks16 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.

Mimico
$1.18M
Roncesvalles
$999K
Trinity-Bellwoods
$1.12M
Moss Park
$1.27M
Cabbagetown-South St. James Town
$1.71M

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 · 0.8 km awayAbove the GTA average · 76% meet the provincial standard

Affordability & Mortgage

Affordability
$5,734/mo
$234KIncome needed
5.4×Price ÷ income
$1,323Weekly 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 $5,734Property tax $397Total carry $6,131

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)
$5,371per month

Mortgage amount $1,006,400 · 4.14% over 25 years

$251,600Down payment (20.0%)
$1,006,400Loan before insurance
$0CMHC premium
$5,768Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,371
Property tax
$397
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,768

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

One-time closing costs

Ontario land transfer tax
$21,635
Toronto municipal land transfer tax
$21,635
Estimated closing costs
$43,270

Plus your down payment of $251,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,523/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

$604,757Total interest paid
$1,611,157Total of all payments
Principal $1,006,400 Interest $604,757
YearPrincipalInterestBalance
1$23,576$40,870$982,824
2$24,563$39,884$958,261
3$25,590$38,856$932,671
4$26,660$37,786$906,010
5$27,776$36,671$878,235
6$28,937$35,509$849,297
7$30,148$34,298$819,149
8$31,409$33,037$787,741
9$32,723$31,724$755,018
10$34,091$30,355$720,926
11$35,517$28,929$685,409
12$37,003$27,443$648,406
13$38,551$25,895$609,855
14$40,163$24,283$569,692
15$41,843$22,603$527,849
16$43,594$20,853$484,255
17$45,417$19,029$438,838
18$47,317$17,130$391,521
19$49,296$15,150$342,225
20$51,358$13,088$290,867
21$53,506$10,940$237,361
22$55,744$8,702$181,617
23$58,076$6,370$123,541
24$60,505$3,941$63,036
25$63,036$1,410$0

At the end of your 5-year term

Total paid over the term
$322,231
Principal paid down
$128,165
Interest paid
$194,066
Balance remaining
$878,235

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
2.2%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.

3.0%
Gross yield
− Property tax $4,766− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,476

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.

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