107-1 Neighbourhood Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13669196

$519,000
For Sale
Just listed today
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft
10 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to 1 Neighbourhood Lane #107! This stunning 1-bedroom + den suite feels like it was pulled straight from a magazine. With soaring 10-foot ceilings, tons of natural light, and a stylish modern kitchen featuring stainless steel appliances, this space is made for both everyday living and entertaining.The spacious den is perfect for a home office, extra living space, or additional storage, while the beautifully updated bathroom adds a fresh, modern touch. Plus, with a walk-in closet, private locker, and your own parking spot, you'll have no shortage of storage or convenience. Start your mornings with a coffee on your private walkout balcony, surrounded by lush greenery. One of the best parts? Nature is right outside your door. Enjoy the nearby Humber River, scenic walking and biking trails, and beautiful green spaces, all while being minutes from shops, restaurants, cafés, TTC, and major highways. The perfect mix of modern living, convenience, and nature-this is a place you'll love calling home!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13669196
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Berry Rd & Neighbourhood lane
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$573/mo
Exposure
East
Property tax
$2,383 / 2026
Listing brokerage
REMAX CONNECT REALTY

Rooms

KitchenFlat3.27 × 3.69 m

stainless steel appl · combined w/dining · laminate

BedroomFlat3.04 × 2.82 m

walk-in closet(s) · window · laminate

Dining RoomFlat3.55 × 3.27 m

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

Living RoomFlat3.55 × 3.27 m

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

DenFlat1.81 × 2.56 m

Laminate

Our TakeTeam Asgarian · Broker
In line
$485Kest. value

Listed at $519,000, and my independent estimate is within the range of comparable homes, on the higher side.

In Stonegate-Queensway lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$485KGreat deal$532KOverpriced

Total price vs nearby homes. Fair value about $485K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $500K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

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 more car-dependent spot, so buyers here typically drive. Berry Rd at Stephen Dr is about a 1-minute walk away. Worth weighing if transit access matters to you.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Stonegate-Queensway · asking prices
$489kavg asking

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

502-859 The Queensway$530k709-689 The Queensway$438k313-859 The Queensway$500k

The 3 closest active listings nearby.

See all comparable homes
519kThis home530k438k500kThis home vs active comparables
Live market pulseActive comparables in Stonegate-Queensway · median list $540K
$944this home / sqft
12active listings nearby
100sold nearby · 90 days
$610Kmedian sold price
96%of asking, on average

This home lists 18% above the area average of $801/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.

Getting around

22/ 100

Car-DependentA 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 OpenStreetMap contributors.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Berry Rd at Stephen Dr, about 52 m away

20+ transit stops1 grocery20+ dining20+ parks6 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
$675K
Waterfront Communities C1
$560K
Church-Yonge Corridor
$540K
Moss Park
$439K
York University Heights
$456K

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

Affordability & Mortgage

Affordability
$2,365/mo
$111KIncome needed
4.7×Price ÷ income
$546Weekly 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.

75%mortgage
Mortgage $2,365Property tax $199Condo fee $573Total carry $3,137

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,227per month

Mortgage amount $415,200 · 4.19% over 25 years

$103,800Down payment (20.0%)
$415,200Loan before insurance
$0CMHC premium
$2,999Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,227
Property tax
$199
Condo / maintenance fees
$573
Heating
$0
Estimated monthly cost
$2,999

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

One-time closing costs

Ontario land transfer tax
$6,855
Toronto municipal land transfer tax
$6,855
Estimated closing costs
$13,710

Plus your down payment of $103,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$2,704/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

$252,903Total interest paid
$668,103Total of all payments
Principal $415,200 Interest $252,903
YearPrincipalInterestBalance
1$9,660$17,064$405,540
2$10,069$16,655$395,472
3$10,495$16,229$384,977
4$10,939$15,785$374,037
5$11,403$15,322$362,635
6$11,885$14,839$350,749
7$12,388$14,336$338,361
8$12,913$13,811$325,448
9$13,460$13,264$311,988
10$14,030$12,695$297,959
11$14,624$12,101$283,335
12$15,243$11,481$268,092
13$15,888$10,836$252,204
14$16,561$10,163$235,643
15$17,262$9,462$218,381
16$17,993$8,731$200,388
17$18,755$7,970$181,634
18$19,549$7,175$162,085
19$20,376$6,348$141,709
20$21,239$5,485$120,470
21$22,138$4,586$98,332
22$23,076$3,649$75,256
23$24,053$2,672$51,203
24$25,071$1,653$26,132
25$26,132$592$0

At the end of your 5-year term

Total paid over the term
$133,621
Principal paid down
$52,565
Interest paid
$81,055
Balance remaining
$362,635

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$1,700/mo
$20,400Gross annual rent
1.6%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.

3.9%
Gross yield
− Property tax $2,383− Condo fees $6,876− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,297

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

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