513-25 Neighbourhood Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13581180

$549,999
For Sale
Listed 93 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this exquisite functional 2B+2Bath CORNER-UNIT in a boutique condo that commands attention at every turn.
  • Where can you get such a 2bed+2bath including one parking and locker for a very competitive price?
  • Live and/or invest in the quiet, tranquil, quintessential South Etobicoke "Queensview steps to trails, transit, minutes to Humber River Trail, Sherway Gardens, QEW...
  • This impressive 5th floor unit boast a bright open-concept floor plan with laminate floors throughout, Stainless Appliances, Caesar stone Countertops, Valance...
  • This unit comes with one parking and one locker with 9" ceiling.

Welcome to this exquisite functional 2B+2Bath CORNER-UNIT in a boutique condo that commands attention at every turn. Where can you get such a 2bed+2bath including one parking and locker for a very competitive price? Live and/or invest in the quiet, tranquil, quintessential South Etobicoke "Queensview steps to trails, transit, minutes to Humber River Trail, Sherway Gardens, QEW, The Gardiner, Downtown Toronto and restaurants like Joeys, The Key, Cactus, Toms ice Cream and much more. This impressive 5th floor unit boast a bright open-concept floor plan with laminate floors throughout, Stainless Appliances, Caesar stone Countertops, Valance Lighting, and Backsplash. This unit comes with one parking and one locker with 9" ceiling. Perfect for anyone looking for a perfect opportunity with Parking and Locker. Enjoy Indoor Gym, Guest Suite,Ground Floor Party Room with Kitchenette, Fireplace Lounge, Meeting/Dining Room, Pet Grooming Room, Children's Play Centre, and Outdoor Patio with BBQ Area and a 1 acre park with playground and splash-pad. Showings to be books with 24 hour notice

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13581180
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Berry Rd & Stephen Drive
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Foundation
Concrete Block, Concrete
Maintenance
$638/mo
Exposure
South East
Property tax
$3,500 / 2025
Days on market
93
Listing brokerage
STARION REALTY

Rooms

Primary BedroomMain9.60 × 10.20 m

laminate · closet · 3 pc ensuite

LaundryMain0.00 × 0.00 m

Tile Floor

BathroomMain0.00 × 0.00 m

tile floor · 3 pc bath

Bedroom 2Main10.30 × 8.90 m

laminate · closet · window floor to ceiling

Living RoomMain13.30 × 16.11 m

laminate · combined w/dining · w/o to balcony

KitchenMain0.00 × 0.00 m

laminate · modern kitchen · open concept

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

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$545kavg asking

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

Per square foot, these ask about $789/sqft; this home lists at $847/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home600k530k500k480k615kThis home vs active comparables

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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Markland Wood
$680K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K

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 Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.1 km · 78% at standard
Karen Kain School of the Arts · Public elementary1.2 km · 76% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.4 km · 88% at standard
Etobicoke School of the Arts · Public secondary1.4 km · 80% at standard
St Pius X Catholic School · Catholic elementary1.5 km · 82% at standard
Sunnylea Junior School · Public elementary1.5 km · 96% at standard
St Louis Catholic School · Catholic elementary1.7 km · 76% at standard
George R Gauld Junior School · Public elementary2.1 km · 73% at standard
David Hornell Junior School · Public elementary2.1 km · 68% at standard
Castlebar Junior School · Public elementary2.2 km · 82% at standard
Runnymede Junior and Senior Public School · Public elementary2.2 km · 92% at standard
Norseman Junior Middle School · Public elementary2.2 km · 77% at standard

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

Affordability & Mortgage

Affordability
$2,507/mo
$121KIncome needed
4.6×Price ÷ income
$578Weekly cost
$14,950Land 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.

73%mortgage
Mortgage $2,507Property tax $292Condo fee $638Total carry $3,436

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%
$
%
4.49%
%
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)
$2,433per month

Mortgage amount $439,999 · 4.49% over 25 years

$110,000Down payment (20.0%)
$439,999Loan before insurance
$0CMHC premium
$3,362Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$292
Condo / maintenance fees
$638
Heating
$0
Estimated monthly cost
$3,362

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,945/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

$289,850Total interest paid
$729,849Total of all payments
Principal $439,999 Interest $289,850
YearPrincipalInterestBalance
1$9,819$19,375$430,180
2$10,265$18,929$419,916
3$10,731$18,463$409,185
4$11,218$17,976$397,967
5$11,727$17,467$386,239
6$12,260$16,934$373,980
7$12,816$16,378$361,163
8$13,398$15,796$347,765
9$14,007$15,187$333,758
10$14,643$14,551$319,115
11$15,308$13,886$303,808
12$16,003$13,191$287,805
13$16,729$12,465$271,076
14$17,489$11,705$253,587
15$18,283$10,911$235,305
16$19,113$10,081$216,192
17$19,981$9,213$196,211
18$20,888$8,306$175,323
19$21,836$7,358$153,487
20$22,828$6,366$130,659
21$23,864$5,330$106,795
22$24,948$4,246$81,848
23$26,080$3,114$55,767
24$27,265$1,929$28,503
25$28,503$691$0

At the end of your 5-year term

Total paid over the term
$145,970
Principal paid down
$53,760
Interest paid
$92,210
Balance remaining
$386,239

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$2,050/mo
$24,600Gross annual rent
1.8%Cap rate after taxes and upkeep

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.

4.5%
Gross yield
− Property tax $3,500− Condo fees $7,656− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,138

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

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