5 Aldgate Avenue, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13825782

$1,178,000
For Sale
Listed 25 days agoNo offer date stated
3Bedrooms
4Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Sold under Power Of Sale.
  • The basement offers a blank canvas to create your own space, while the separate entrance allows the possibility of a basement apartment.
  • Close to the lake, highways, transit, Humber College, High Park and more.

Sold under *Power Of Sale*. Welcome to 5 Aldgate, a stunning 3-bedroom open concept home in the highly sought-after Humber Bay area offering the perfect balance of modern living and location. This updated property has a beautiful kitchen, functional layout, upstairs laundry, modern upgrades, and stunning built-ins in the bedrooms. Walk out to a large deck and backyard from the kitchen to extend the living space. The basement offers a blank canvas to create your own space, while the separate entrance allows the possibility of a basement apartment. A compelling opportunity for families, multigenerational living, or buyers seeking space, privacy, and future versatility. Close to the lake, highways, transit, Humber College, High Park and more! See virtual tour.

Key facts

Property type
Detached, 2-Storey
MLS®
W13825782
Bedrooms
3
Bathrooms
4 (1 half)
Size
1100-1500 sq ft
Lot
25.09 × 104.31 ft
Cross streets
Parklawn/Queensway
Parking
1 garage · 3 parking (detached)
Driveway
Mutual
Basement
Separate Entrance, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$4,650 / 2026
Days on market
25
Listing brokerage
KELLER WILLIAMS EMPOWERED REALTY

Rooms

Primary BedroomSecond3.02 × 4.24 m

hardwood floor · 4 pc bath · glass doors

Living RoomMain4.89 × 3.67 m

hardwood floor · gas fireplace · above grade window

KitchenBasement7.38 × 8.20 m
RecreationBasement5.91 × 5.07 m

open concept · 4 pc ensuite

Dining RoomMain2.76 × 3.74 m

combined w/living · hardwood floor · open concept

KitchenMain3.76 × 2.97 m

renovated · stainless steel appl · backsplash

Bedroom 3Second3.24 × 2.00 m

hardwood floor · b/i closet · above grade window

Bedroom 2Second3.49 × 3.18 m

above grade window · hardwood floor · b/i closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.16Mlikely sale price

Listed at $1,178,000. Going by how homes in Stonegate-Queensway and the wider GTA have actually closed against their asking prices (about 99%, 36 local closings in 90 days), the likely sale price is near $1.16M, if it sells. A realistic range is $1.09M to $1.31M.

Independent value check: $1.00M. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $939K and $1.05M).

Why $1.00M. The typical detached home sold in Stonegate-Queensway over the past year went for about $1.53M (143 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,650 a year; the typical home sold here pays about $7,000.
  • ▲ Raises it strongly3 bedrooms and 4 baths, against 3+1 and 2 typically.
  • ▼ Lowers it stronglyThe listing presents it as a home to renovate or rebuild.
  • ▼ Lowers itIts lot is 25 by 104 ft; the typical lot sold here is 43 by 120.
List price
$1.09MBelow recent closings$1.31MAbove recent closings

Total price vs nearby homes. Likely closing about $1.16M, from 36 recent closings in this pocket.

The market behind the math:

36sold nearby · 90 days
$1.60Mmedian sold price
99%of asking, on average
+15%prices vs a year ago
~9 dayshomes like this take to sell
25days on market so far
$4,753/moest. rent · 46 leases
4.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 9 detached homes for sale in the area against 36 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 $906/sqft against an area asking average of $1,036/sqft.

  • 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

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.

It never sees the asking price. The 36 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Open-concept layout: modern, sought-after flow. 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 (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 ($906/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Stonegate-Queensway, so I widened the search to the surrounding area.

Based on 36 comparable homes that sold in Stonegate-Queensway over the past two years, from 301 closings there.

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$2.07Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.00M, which is where my estimate comes from.

Per square foot, these ask about $1,181/sqft; this home lists at $906/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.18MThis home1.50M2.20M2.50MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Stonegate-Queensway: $1.69M in September 2026, up 22% from a year ago, on 153 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.

Month by month
MonthMedian soldClosings
October 2025$1.55M12
November 2025$1.27M8
December 2025$1.23M5
January 2026$1.49M8
February 2026$1.10M11
March 2026$1.63M12
April 2026$1.66M19
May 2026$1.54M19
June 2026$1.46M23
July 2026$1.27M8
August 2026$2.45M5
September 2026$1.69M23

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
Leaside
$2.48M
Woodbine-Lumsden
$949K
Banbury-Don Mills
$5.50M
Willowdale East
$2.19M

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 · 0.6 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Karen Kain School of the Arts · Public elementary1.1 km · 76% at standard
David Hornell Junior School · Public elementary1.2 km · 68% at standard
St Louis Catholic School · Catholic elementary1.2 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.4 km · 80% at standard
George R Gauld Junior School · Public elementary1.4 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.6 km · 88% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.7 km · 78% at standard
St Leo Catholic School · Catholic elementary1.9 km · 82% at standard
Sunnylea Junior School · Public elementary2.1 km · 96% at standard
John English Junior Middle School · Public elementary2.1 km · 73% at standard
Castlebar Junior School · Public elementary2.2 km · 82% at standard
St Pius X Catholic School · Catholic elementary2.3 km · 82% at standard

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

Affordability & Mortgage

Affordability
$5,369/mo
$220KIncome needed
5.4×Price ÷ income
$1,239Weekly cost
$40,070Land 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 $5,369Property tax $387Total carry $5,756

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,211per month

Mortgage amount $942,400 · 4.49% over 25 years

$235,600Down payment (20.0%)
$942,400Loan before insurance
$0CMHC premium
$5,598Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,211
Property tax
$388
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,598

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

One-time closing costs

Ontario land transfer tax
$20,035
Toronto municipal land transfer tax
$20,035
Estimated closing costs
$40,070

Plus your down payment of $235,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,307/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

$620,807Total interest paid
$1,563,207Total of all payments
Principal $942,400 Interest $620,807
YearPrincipalInterestBalance
1$21,030$41,498$921,370
2$21,985$40,543$899,384
3$22,983$39,545$876,401
4$24,027$38,501$852,374
5$25,118$37,410$827,256
6$26,258$36,270$800,998
7$27,451$35,078$773,547
8$28,697$33,831$744,850
9$30,000$32,528$714,850
10$31,362$31,166$683,488
11$32,786$29,742$650,702
12$34,275$28,254$616,428
13$35,831$26,697$580,597
14$37,458$25,071$543,139
15$39,158$23,370$503,981
16$40,936$21,592$463,045
17$42,795$19,733$420,250
18$44,738$17,790$375,511
19$46,769$15,759$328,742
20$48,893$13,635$279,849
21$51,113$11,415$228,736
22$53,434$9,095$175,303
23$55,860$6,669$119,443
24$58,396$4,132$61,047
25$61,047$1,481$0

At the end of your 5-year term

Total paid over the term
$312,641
Principal paid down
$115,144
Interest paid
$197,498
Balance remaining
$827,256

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 46 whole-home leases in Stonegate-Queensway$4,753/mo
$57,036Gross annual rent
3.8%Cap rate after taxes and upkeep
$4,231 to $5,087Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Stonegate-Queensway (30 of 206 recent detached leases were basement units, around $1,875 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,875 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 46 whole-home leases in Stonegate-Queensway signed at a median of $4,133 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,753. 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.

4.8%
Gross yield
− Property tax $4,650− Insurance $1,400− Vacancy & upkeep $6,274Net operating income $44,712

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

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