55 Van Dusen Boulevard, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13769236

$2,888,000
For Sale
Listed 39 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • LUXURY BEGINS WITH LOCATION.
  • Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home...
  • Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability.
  • Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools...
  • This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas.

LUXURY BEGINS WITH LOCATION. Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home or build a custom residence in one of Etobicoke's most coveted and established areas. Boasting approximately 92 feet of frontage, backing onto the serene beauty of Mimico Creek, and situated on a quiet dead-end street, the property offers exceptional privacy, breathtaking natural surroundings, and a premium estate setting rarely found within the city. Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability. Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools, shops, restaurants, premier golf clubs, parks and trails, Pearson Airport, subway access, downtown Toronto, and the lakeshore beaches. This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas. The existing bungalow offers approximately 1,800 sq. ft. of living space, featuring a full lower level with two walk-outs and an oversized two-car garage. The property was previously approved for an approximately 5,300 sq. ft. custom home, underscoring the scale and potential of what can be achieved on this exceptional site.

Key facts

Property type
Detached, Bungalow
MLS®
W13769236
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
92.91 × 112.73 ft
Cross streets
Royal York and Bloor St
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Walk-Out
Kitchens
2 (1 + 1)
Heating
Baseboard
A/C
Central Air
Exterior
Stone, Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,070 / 2025
Days on market
39
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
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

On schools, this address is zoned for Sunnylea Junior School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$1.60Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,230/sqft; this home lists at $2,222/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.89MThis home2.00M1.40M1.40MThis 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.

Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M

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 Sunnylea Junior School
96%
Sunnylea Junior SchoolPublic · Elementary · 0.6 km awayAmong the top in the GTA · 96% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Norseman Junior Middle School · Public elementary1.0 km · 77% at standard
Islington Junior Middle School · Public elementary1.2 km · 66% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.2 km · 88% at standard
Castlebar Junior School · Public elementary1.4 km · 82% at standard
Park Lawn Junior and Middle School · Public elementary1.6 km · 71% at standard
Holy Angels Catholic School · Catholic elementary1.6 km · 84% at standard
Etobicoke School of the Arts · Public secondary1.6 km · 80% at standard
Lambton Kingsway Junior Middle School · Public elementary1.8 km · 91% at standard
Our Lady of Peace Catholic School · Catholic elementary2.2 km · 71% at standard
Étienne Brûlé Junior School · Public elementary2.2 km · 79% at standard
St Louis Catholic School · Catholic elementary2.2 km · 76% at standard
St Mark Catholic School · Catholic elementary2.2 km · 59% at standard

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

Affordability & Mortgage

Affordability
$13,163/mo
$532KIncome needed
5.4×Price ÷ income
$3,038Weekly cost
$117,350Land 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.

93%mortgage
Mortgage $13,163Property tax $923Total carry $14,085

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.

4.49%
%
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)
$12,775per month

Mortgage amount $2,310,400 · 4.49% over 25 years

$577,600Down payment (20.0%)
$2,310,400Loan before insurance
$0CMHC premium
$13,697Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,775
Property tax
$923
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,697

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

One-time closing costs

Ontario land transfer tax
$58,675
Toronto municipal land transfer tax
$58,675
Estimated closing costs
$117,350

Plus your down payment of $577,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,462/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

$1,521,979Total interest paid
$3,832,379Total of all payments
Principal $2,310,400 Interest $1,521,979
YearPrincipalInterestBalance
1$51,558$101,737$2,258,842
2$53,899$99,396$2,204,942
3$56,346$96,949$2,148,596
4$58,905$94,390$2,089,691
5$61,579$91,716$2,028,112
6$64,375$88,920$1,963,736
7$67,298$85,997$1,896,438
8$70,354$82,941$1,826,084
9$73,548$79,747$1,752,536
10$76,888$76,408$1,675,649
11$80,379$72,917$1,595,270
12$84,028$69,267$1,511,242
13$87,843$65,452$1,423,399
14$91,832$61,463$1,331,567
15$96,001$57,294$1,235,566
16$100,360$52,935$1,135,206
17$104,917$48,378$1,030,289
18$109,680$43,615$920,609
19$114,660$38,635$805,948
20$119,866$33,429$686,082
21$125,309$27,986$560,773
22$130,998$22,297$429,775
23$136,946$16,349$292,828
24$143,164$10,131$149,664
25$149,664$3,631$0

At the end of your 5-year term

Total paid over the term
$766,476
Principal paid down
$282,288
Interest paid
$484,188
Balance remaining
$2,028,112

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
0.4%Cap rate after taxes and upkeep

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.

1.0%
Gross yield
− Property tax $11,070− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $12,094

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

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