32 Castlebar Road, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13628584

$1,599,999
For Sale
Just listed today
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1100-1500Sq Ft

About this home

Excellent Location !! Prestigious Stonegate-Queensway community in Etobicoke! Exceptional opportunity to own a professionally renovated 2+1 bedroom, 3-bathroom home in one of Toronto's most desirable family-friendly neighbourhoods. Rebuilt from top to bottom with quality craftsmanship and premium finishes, this move-in-ready home offers the perfect blend of modern luxury, everyday comfort, and income potential.The bright, open-concept main floor features spacious living and dining areas and a stunning kitchen with stainless steel appliances, custom cabinetry, quartz countertops, and centre island. Walk out to an oversized deck overlooking a fully fenced private backyard with no homes behind, creating a peaceful setting for relaxing or entertaining.The home includes two bedrooms, three beautifully updated washrooms, and extensive windows, plumbing and electrical upgrades for added peace of mind. The never-lived-in, self-contained 1-bedroom in-law suite features a separate entrance, private laundry, and its own patio, making it ideal for income potential, multigenerational living, or for guests.Ideally located just minutes to Bloor West Village, the waterfront, parks and trails, cafés, restaurants, shopping, top-rated schools, TTC, GO Transit, major highways, and only about 12 minutes to downtown Toronto. A rare turnkey home offering exceptional quality, outstanding versatility, and an unbeatable South Etobicoke location.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13628584
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
1100-1500
Lot
51 × 105 ft
Cross streets
Royal York & The Queensway
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$4,864 / 2025
Listing brokerage
CENTURY 21 GREEN REALTY INC.
Our TakeTeam Asgarian · Broker
Above comparables
$1.31Mest. value

Listed at $1,599,999, and my independent estimate is about 22% above what comparable homes suggest.

In Stonegate-Queensway lately, sellers get about 99% of asking; homes sell in ~20 days.

List price
$1.14MGreat deal$1.60MOverpriced

Total price vs nearby homes. Fair value about $1.31M, median of 46 comparables.

How this estimate is builtthe short version

I take the 46 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.04M, a bit lower.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,231/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 46 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Stonegate-Queensway · asking prices
$1.44Mavg asking

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

200 Berry Road$1.69M147 Thompson Avenue$1.75M115 Bonnyview Drive$1.59M7 Saunders Crescent$909k39 Rosemeade Avenue$1.28M

The 5 closest active listings nearby.

See all comparable homes
1.60MThis home1.69M1.75M1.59M909k1.28MThis home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $1.49M
$1,231this home / sqft
17active listings nearby
98sold nearby · 90 days
$1.65Mmedian sold price
99%of asking, on average

This home lists 4% below the area average of $1,282/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.

Downsview-Roding-CFB
$1.05M
West Humber-Clairville
$890K
Danforth
$1.50M
Newtonbrook West
$1.96M
L'Amoreaux
$1.27M

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 Castlebar Junior School
82%
Castlebar Junior SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$7,292/mo
$292KIncome needed
5.5×Price ÷ income
$1,683Weekly 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.

95%mortgage
Mortgage $7,292Property tax $405Total carry $7,698

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.

4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of July 31, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,866per month

Mortgage amount $1,279,999 · 4.19% over 25 years

$320,000Down payment (20.0%)
$1,279,999Loan before insurance
$0CMHC premium
$7,271Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,866
Property tax
$405
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,271

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

One-time closing costs

Ontario land transfer tax
$28,475
Toronto municipal land transfer tax
$28,475
Estimated closing costs
$56,950

Plus your down payment of $320,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$8,335/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

$779,663Total interest paid
$2,059,662Total of all payments
Principal $1,279,999 Interest $779,663
YearPrincipalInterestBalance
1$29,779$52,607$1,250,220
2$31,040$51,346$1,219,179
3$32,355$50,032$1,186,825
4$33,724$48,662$1,153,100
5$35,152$47,234$1,117,948
6$36,641$45,746$1,081,308
7$38,192$44,195$1,043,116
8$39,809$42,578$1,003,307
9$41,494$40,892$961,813
10$43,251$39,135$918,561
11$45,082$37,304$873,479
12$46,991$35,395$826,488
13$48,981$33,406$777,507
14$51,054$31,332$726,453
15$53,216$29,170$673,237
16$55,469$26,917$617,768
17$57,818$24,569$559,950
18$60,266$22,121$499,684
19$62,817$19,569$436,867
20$65,477$16,910$371,390
21$68,249$14,137$303,141
22$71,139$11,248$232,003
23$74,151$8,236$157,852
24$77,290$5,097$80,562
25$80,562$1,824$0

At the end of your 5-year term

Total paid over the term
$411,932
Principal paid down
$162,051
Interest paid
$249,881
Balance remaining
$1,117,948

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 $4,864− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,300

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 GREEN REALTY INC.. MLS®/PropTx.

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