1 Frankwood Road, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13628702
About this home
Welcome to 1 Frankwood Rd, completed late 2024- a brand new custom modern luxury home redefining elegant living in South Etobicokes most coveted setting, steps from Royal York & The Queensway. With over 3,900 sq. ft. on a premium 42' x 100' lot, this residence impresses with soaring ceilings (12' main, 9' upper, 9.5' lower), expansive glazing, and seamless open living anchored by a gas fireplace.The chefs kitchen boasts custom cabinetry, quartz counters & backsplash, oversized island, and Thermador built-ins including a coffee system and bar-fridge, plus walkout to a covered glass-railed patio. Upstairs: four ensuite bedrooms with custom closets, a glass-door office, and balconies front and back. The primary suite offers a walk-in, spa-inspired 6-piece bath, and sunrise views. The legal 2-bedroom lower suite features a private entrance, quartz kitchen, smart stainless appliances, in-suite laundry, and oversized windows ideal for family, guests, or staff quarters. Smart luxury throughout: heated, self-cleaning, touch-free spa-style toilets in every bath, hardwired data ports, app/voice lighting, motorized blinds, smart locks, video doorbells, Wi-Fi garage opener, two Level-2 EV chargers, central vac, BBQ line, and hot-tub-ready pad. Lifestyle perfection: walk to top-rated schools, parks, TTC, and minutes to Gardiner/QEW, Royal York & Islington stations, Mimico GO (15 min to Union). Shopping at IKEA, Costco, Home Depot, and RONA just around the corner. 1 Frankwood Rd is where design, technology, and convenience converge. More than a home its a statement.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13628702
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 7
- Size
- 2500-3000
- Lot
- 42.06 × 100.14 ft
- Cross streets
- Royal York Rd & The Queensway
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Available
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Veneer
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,192 / 2025
- Listing brokerage
- CENTURY 21 RED STAR REALTY INC.
Listed at $2,499,000, and my independent estimate is about 14% below comparable homes, worth a close look.
In Stonegate-Queensway lately, sellers get about 100% of asking; homes sell in ~19 days.
Total price vs nearby homes. Fair value about $2.90M, median of 12 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 12 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 $2.14M, lower than the comparables and worth a second look.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. 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.
Based on 12 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 23% below the area average of $1,176/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of July 31, 2026); conventional rates run a little higher.
Mortgage amount $1,999,200 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,723
- Property tax
- $766
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,489
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $48,950
- Toronto municipal land transfer tax
- $48,950
- Estimated closing costs
- $97,900
Plus your down payment of $499,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $643,387
- Principal paid down
- $253,104
- Interest paid
- $390,284
- Balance remaining
- $1,746,096
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 RED STAR REALTY INC.. MLS®/PropTx.