422-245 Dalesford Road, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13781518

$725,000
For Sale
Listed 35 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Step inside this spacious corner suite and you will immediately see what sets it apart.
  • Offering over 900 square feet of refined living space, this fully renovated unit perfectly balances entertaining with practical everyday comfort.
  • The thoughtful two-bedroom, two-bathroom layout boasts 9-foot ceilings and updated flooring throughout.

Step inside this spacious corner suite and you will immediately see what sets it apart. Offering over 900 square feet of refined living space, this fully renovated unit perfectly balances entertaining with practical everyday comfort. The thoughtful two-bedroom, two-bathroom layout boasts 9-foot ceilings and updated flooring throughout. Both the kitchen and bathrooms have been recently transformed, delivering a sophisticated, move-in-ready experience. Thanks to its southwest-facing position, the unit is flooded with an abundance of natural light which will provide you with sun into the early evening. Patio doors lead to your private balcony, the perfect spot for morning coffee, evening dinners and summer BBQs. Premium building amenities include a fitness centre along with a rooftop deck and gardens. This unbeatable location puts excellent schools, waterfront trails, restaurants, shops, and transit right at your doorstep. Even better, you are just steps from neighbourhood favourites like Humber Bay, Grand Avenue Park, Mamma Martino's and Tom's Dairy Freeze.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13781518
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Parklawn Road and The Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$803/mo
Exposure
South West
Property tax
$2,979 / 2026
Days on market
35
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Dining RoomMain11.64 × 9.02 m

laminate · w/o to balcony

Bedroom 2Main13.78 × 9.84 m

laminate · large window · w/o to balcony

Primary BedroomMain15.09 × 10.99 m

5 pc bath · his and hers closets

KitchenMain11.38 × 10.10 m

stainless steel appl · quartz counter · pantry

FoyerMain10.50 × 3.61 m

laminate · closet

Living RoomMain15.25 × 10.82 m

laminate · pot lights · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$708Klikely sale price

Listed at $725,000. Going by how homes in Stonegate-Queensway and the wider GTA have actually closed against their asking prices (about 98%, 9 local closings in 90 days), the likely sale price is near $708K, if it sells. A realistic range is $667K to $766K.

Independent value check: $650K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $605K and $683K).

Why $650K. The typical condo sold in Stonegate-Queensway over the past year went for about $605K (51 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIt is 900 to 999 sq ft; the typical home sold here is 800 to 899.
List price
$667KBelow recent closings$766KAbove recent closings

Total price vs nearby homes. Likely closing about $708K, from 9 recent closings in this pocket.

The market behind the math:

9sold nearby · 90 days
$633Kmedian sold price
98%of asking, on average
+3%prices vs a year ago
~20 dayshomes like this take to sell
35days on market so far
$3,025/moest. rent · 8 leases
5.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 10 condo apartment homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $764/sqft against an area asking average of $755/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 9 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $648K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
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.

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

Priced above comparable homes overall, but the price per square foot ($764/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 11 homes sold in this building over the past two years, from 106 closings in Stonegate-Queensway.

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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.

Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Markland Wood
$680K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 1.0 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
David Hornell Junior School · Public elementary0.8 km · 68% at standard
George R Gauld Junior School · Public elementary0.9 km · 73% at standard
St Mark Catholic School · Catholic elementary0.9 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.1 km · 79% at standard
Etobicoke School of the Arts · Public secondary1.2 km · 80% at standard
St Leo Catholic School · Catholic elementary1.4 km · 82% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.5 km · 88% at standard
John English Junior Middle School · Public elementary1.6 km · 73% at standard
Castlebar Junior School · Public elementary1.9 km · 82% at standard
Holy Angels Catholic School · Catholic elementary2.2 km · 84% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.2 km · 78% at standard

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

Affordability & Mortgage

Affordability
$3,304/mo
$152KIncome needed
4.8×Price ÷ income
$763Weekly cost
$21,950Land 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.

76%mortgage
Mortgage $3,304Property tax $248Condo fee $803Total carry $4,356

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%
$
%
4.49%
%
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)
$3,207per month

Mortgage amount $580,000 · 4.49% over 25 years

$145,000Down payment (20.0%)
$580,000Loan before insurance
$0CMHC premium
$4,258Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,207
Property tax
$248
Condo / maintenance fees
$803
Heating
$0
Estimated monthly cost
$4,258

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

One-time closing costs

Ontario land transfer tax
$10,975
Toronto municipal land transfer tax
$10,975
Estimated closing costs
$21,950

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,881/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

$382,076Total interest paid
$962,076Total of all payments
Principal $580,000 Interest $382,076
YearPrincipalInterestBalance
1$12,943$25,540$567,057
2$13,531$24,952$553,526
3$14,145$24,338$539,381
4$14,787$23,696$524,594
5$15,459$23,024$509,135
6$16,161$22,322$492,974
7$16,894$21,589$476,080
8$17,662$20,821$458,418
9$18,463$20,020$439,955
10$19,302$19,181$420,653
11$20,178$18,305$400,475
12$21,094$17,389$379,380
13$22,052$16,431$357,328
14$23,053$15,430$334,275
15$24,100$14,383$310,175
16$25,194$13,289$284,981
17$26,338$12,145$258,643
18$27,534$10,949$231,108
19$28,784$9,699$202,324
20$30,091$8,392$172,233
21$31,457$7,026$140,776
22$32,886$5,597$107,890
23$34,379$4,104$73,511
24$35,940$2,543$37,572
25$37,572$911$0

At the end of your 5-year term

Total paid over the term
$192,415
Principal paid down
$70,865
Interest paid
$121,550
Balance remaining
$509,135

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
From 8 whole-home leases in Stonegate-Queensway$3,025/mo
$36,300Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,783 to $3,267Typical rent range
~25 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Stonegate-Queensway signed at a median of $2,541 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,025. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.0%
Gross yield
− Property tax $2,979− Condo fees $9,640− Insurance $600− Vacancy & upkeep $3,993Net operating income $19,089

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP OLD MILL REALTY INC.. MLS®/PropTx.

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