115 Bonnyview Drive, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13594248

$1,588,000
For Sale
Just listed today
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4Bedrooms
2Bathrooms
2Garage · 5 parking
1100-1500Sq Ft

About this home

Beautifully And Tastefully Renovated Detached Home Showcasing A Stunning Colour Palette And Modern Open-Concept Design. Situated On An Impressive Irregular Lot Measuring 52.42 Ft X 131.76 Ft X 82.05 Ft X 128.20 Ft, Offering Possible Severance Potential (Buyer To Conduct Their Own Due Diligence). Features A Renovated Kitchen (2023), Updated Flooring (2023), All New Windows (2023), Two Fireplaces With Rough-In Gas Lines For Future Conversion, And Large Windows Providing Abundant Natural Light. Walk Out From The Dining Area To A Spacious, Low-Maintenance PVC Deck Overlooking A Beautifully Landscaped Backyard With A Brand-New Hot Tub (2026) - Perfect For Relaxing And Entertaining. The Finished Basement Offers A Separate Entrance, An Oversized Recreation Room Ideal For Parties, Entertainment Or Potential Rental Use, Plus A Generous 22 F X 12 Ft Bedroom. Large Laundry Room With New Washer And Dryer (2026), Built-In Shelving And Utility Sink. An Excellent Opportunity To Live, Invest Or Explore Future Development Potential. Minutes From Prestigious Prince Edward Drive, The Lake, Highways And Downtown Toronto. A Must-See!

Key facts

Property type
Detached, Bungalow-Raised
MLS®
W13594248
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
82 × 131 ft
Cross streets
Prince Edward & Berry Road
Parking
2 garage · 5 parking (attached)
Driveway
Private Triple
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,970 / 2026
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Moe’s TakeTeam Asgarian · Broker
In line
$1.40Mest. value

Listed at $1,588,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.

In Stonegate-Queensway lately, sellers have been getting about 100% of asking and homes sell in about 20 days.

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

Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.29M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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, sold for $1.59M
  • Bedrooms +$30K
  • Adjusts to $1.63M

That comparable adjusts to $1.63M; the $1.40M estimate above is the median of all 94 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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

List price
$1.12MGreat deal$1.62MOverpriced

Total price vs nearby homes. Fair value about $1.40M, median of 94 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.04Mavg asking

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

237 Searle Avenue$1.45M171 Orton Park Road$729k3 Brancaster Court$1000k6 Canton Avenue$999k

The 4 closest active listings nearby.

See all comparable homes
1.59MThis home1.45M729k1000k999kThis home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $2.00M
$1,222this home / sqft
42active listings nearby
97sold nearby · 90 days
$1.75Mmedian sold price
100%of asking, on average

This home lists 5% above the area average of $1,159/sqft.

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.

Nearby neighbourhoods

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

Alderwood
$1.56M
Eringate-Centennial-West Deane
$1000K
Bedford Park-Nortown
$4.46M
East York
$925K
Willowdale West
$2.10M

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 Park Lawn Junior Middle School
71%
Park Lawn Junior Middle SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 71% meet the provincial standard

Affordability & Mortgage

Affordability
$7,238/mo
$294KIncome needed
5.4×Price ÷ income
$1,670Weekly 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 $7,238Property tax $497Total carry $7,735

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,779per month

Mortgage amount $1,270,400 · 4.14% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$7,277Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,779
Property tax
$498
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,277

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

One-time closing costs

Ontario land transfer tax
$28,235
Toronto municipal land transfer tax
$28,235
Estimated closing costs
$56,470

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,234/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

$763,398Total interest paid
$2,033,798Total of all payments
Principal $1,270,400 Interest $763,398
YearPrincipalInterestBalance
1$29,761$51,591$1,240,639
2$31,006$50,346$1,209,633
3$32,303$49,049$1,177,330
4$33,654$47,698$1,143,676
5$35,062$46,290$1,108,614
6$36,528$44,824$1,072,086
7$38,056$43,296$1,034,030
8$39,648$41,704$994,382
9$41,307$40,045$953,075
10$43,034$38,318$910,041
11$44,834$36,518$865,206
12$46,710$34,642$818,497
13$48,664$32,688$769,833
14$50,699$30,653$719,134
15$52,820$28,532$666,314
16$55,029$26,323$611,285
17$57,331$24,021$553,954
18$59,729$21,623$494,225
19$62,227$19,125$431,998
20$64,830$16,522$367,168
21$67,542$13,810$299,626
22$70,367$10,985$229,259
23$73,310$8,041$155,949
24$76,377$4,975$79,572
25$79,572$1,780$0

At the end of your 5-year term

Total paid over the term
$406,760
Principal paid down
$161,786
Interest paid
$244,974
Balance remaining
$1,108,614

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.

1.7%
Gross yield
− Property tax $5,970− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,194

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

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