146 Government Road, Toronto, ON

Kingsway South, Toronto · MLS® W13782744

$1,549,000
For Sale
Listed 35 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 3 parking
700-1100Sq ft

About this home

In short

  • Exceptional opportunity in The Kingsway, One of Torontos Most Prestigious and Sought After Neighbourhoods.
  • Renovated 2+1 Bedroom Stone and Brick Bungalow on a RARE 40 x 141 ft LOT.
  • This Charming Home , Full of Kingsway Character, Features Restored Original Hardwood Floors, Bay Window, Etched Glass, an Eat-in Kitchen, 2 full baths, and a Walk-Out...
  • The Professionally Finished Lower Level Offers a Separate Entrance, Pot Lights, a Recreation Room With Large Laundry and Storage, a Third Bedroom and Bath-Ideal For...
  • An Excellent Opportunity to Move in, Renovate, Expand, or Build your Dream Home.

Exceptional opportunity in The Kingsway, One of Torontos Most Prestigious and Sought After Neighbourhoods! Renovated 2+1 Bedroom Stone and Brick Bungalow on a RARE 40 x 141 ft LOT. This Charming Home , Full of Kingsway Character, Features Restored Original Hardwood Floors, Bay Window, Etched Glass, an Eat-in Kitchen, 2 full baths, and a Walk-Out Through French Doors From the Second Bedroom to a Large, Newly Constructed Composite Wood Deck With Glass Railings Overlooking the Private Newly Fenced in Backyard. The Professionally Finished Lower Level Offers a Separate Entrance, Pot Lights, a Recreation Room With Large Laundry and Storage, a Third Bedroom and Bath-Ideal For Extended Family, Guests, Private In-Law Suite or Additional Living Space. An Attached Garage and Large Driveway Allow for Multiple Car Parking. An Excellent Opportunity to Move in, Renovate, Expand, or Build your Dream Home. Surrounded by Custom-Built Homes, this Property Offers Outstanding Future Potential While Also Serving as an Excellent Condo Alternative. Enjoy a Highly Walkable Lifestyle Just Steps to TTC, the Humber River, Parks, Shops, Restaurants, and Some of the Area's Top-Rated Schools. Experience the Best of Urban Living in One of the City's Most Desirable Communities.

Key facts

Property type
Detached, Bungalow
MLS®
W13782744
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
40 × 141 ft
Cross streets
Dundas & Royal York
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick Front
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,817 / 2026
Days on market
35
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Dining RoomMain3.35 × 2.74 m

hardwood floor · combined w/living

LaundryLower5.18 × 3.35 m

laundry sink · above grade window

RecreationLower6.27 × 3.20 m

ceramic floor · wainscoting · above grade window

Living RoomMain4.57 × 3.35 m

hardwood floor · combined w/dining · bay window

Bedroom 3Lower5.18 × 2.51 m

double closet · 3 pc ensuite · above grade window

Bedroom 2Main3.18 × 2.69 m

combined w/den · hardwood floor · french doors

FoyerMain1.83 × 1.22 m

Closet

KitchenMain3.18 × 2.62 m

stone counters · hardwood floor · eat-in kitchen

Primary BedroomMain3.53 × 3.35 m

hardwood floor · closet · overlooks backyard

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 Etobicoke Collegiate Institute, 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 Kingsway South · asking prices
$1.91Mavg 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 $1,168/sqft; this home lists at $1,721/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.55MThis home1.45M1.70M2.48M1.80M2.10MThis home vs active comparables

Neighbourhood & location

Kingsway South, 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.

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Etobicoke Collegiate Institute
82%
Etobicoke Collegiate InstitutePublic · Secondary · 1.1 km awayAbove the GTA average · 82% meet the provincial standard
Lambton-Kingsway Junior Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lambton Kingsway Junior Middle School · Public elementary0.4 km · 91% at standard
Humber Valley Village Junior Middle School · Public elementary1.3 km · 85% at standard
Warren Park Junior Public School · Public elementary1.3 km · 74% at standard
Islington Junior Middle School · Public elementary1.6 km · 66% at standard
Lambton Park Community School · Public elementary1.7 km · 52% at standard
St James Catholic School · Catholic elementary1.7 km · 88% at standard
Sunnylea Junior School · Public elementary1.9 km · 96% at standard
Humbercrest Public School · Public elementary1.9 km · 80% at standard
Rosethorn Junior School · Public elementary2.0 km · 65% at standard
Frank Oke Secondary School · Public secondary2.1 km
Runnymede Collegiate Institute · Public secondary2.1 km · 46% at standard
George Syme Community School · Public elementary2.2 km · 48% at standard

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

Affordability & Mortgage

Affordability
$7,060/mo
$290KIncome needed
5.3×Price ÷ income
$1,629Weekly cost
$54,910Land 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 $7,060Property tax $568Total carry $7,628

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)
$6,852per month

Mortgage amount $1,239,200 · 4.49% over 25 years

$309,800Down payment (20.0%)
$1,239,200Loan before insurance
$0CMHC premium
$7,420Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,852
Property tax
$568
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,420

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

One-time closing costs

Ontario land transfer tax
$27,455
Toronto municipal land transfer tax
$27,455
Estimated closing costs
$54,910

Plus your down payment of $309,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,293/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

$816,325Total interest paid
$2,055,525Total of all payments
Principal $1,239,200 Interest $816,325
YearPrincipalInterestBalance
1$27,654$54,567$1,211,546
2$28,909$53,312$1,182,637
3$30,222$51,999$1,152,415
4$31,594$50,627$1,120,821
5$33,029$49,192$1,087,793
6$34,528$47,693$1,053,264
7$36,096$46,125$1,017,169
8$37,735$44,486$979,434
9$39,448$42,773$939,986
10$41,239$40,982$898,747
11$43,112$39,109$855,635
12$45,069$37,152$810,566
13$47,115$35,106$763,450
14$49,255$32,966$714,196
15$51,491$30,730$662,705
16$53,829$28,392$608,876
17$56,273$25,948$552,603
18$58,828$23,393$493,775
19$61,499$20,722$432,276
20$64,291$17,930$367,985
21$67,210$15,011$300,775
22$70,262$11,959$230,513
23$73,452$8,769$157,061
24$76,787$5,434$80,274
25$80,274$1,947$0

At the end of your 5-year term

Total paid over the term
$411,105
Principal paid down
$151,407
Interest paid
$259,698
Balance remaining
$1,087,793

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$1,450/mo
$17,400Gross annual rent
0.5%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.

1.1%
Gross yield
− Property tax $6,817− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $7,269

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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