3 Minstrel Drive, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13833856

$1,490,000
For Sale
Listed 21 days agoNo offer date stated
3+1Bedrooms
3Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

Rare spacious Bungalow in Etobicoke's sought-after South Sunnylea and Stonegate community, Welcoming family-friendly neighbourhood, 3 well-proportioned bedrooms, Primary bedroom with two-piece ensuite, Large kitchen, Bright and spacious living and dining area with fireplace, No carpet throughout, WINDOWS replaced in 2022 and 2023, ROOF replaced in 2024, Full-size basement with approximately the same footprint as the main floor and flexible space for a recreation room, home office or gym, Separate side entrance, Private backyard and side patio, Large two-car garage, Close to parks, trails, Mimico Creek, the Humber River and the lake, Convenient access to schools , TTC, Highways and Downtown Toronto, Move in, renovate or build your dream home.

Key facts

Property type
Detached, Bungalow
MLS®
W13833856
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
65 × 115.56 ft
Cross streets
Prince Edward / Berry Rd
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,000 / 2026
Days on market
21
Listing brokerage
RE/MAX IMPERIAL REALTY INC.

Rooms

Bedroom 2Main3.50 × 3.22 m

window · closet · laminate

Bedroom 3Main3.10 × 2.90 m

window · closet · laminate

Living RoomMain5.17 × 3.98 m

bay window · fireplace · laminate

KitchenMain3.23 × 5.03 m

eat-in kitchen · window · laminate

RecreationBasement8.68 × 4.11 m

fireplace · window · laminate

Bedroom 4Basement6.66 × 3.97 m

window · double closet · laminate

Dining RoomMain4.25 × 2.58 m

window · combined w/kitchen · laminate

Primary BedroomMain3.53 × 4.47 m

2 pc ensuite · large closet · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.47Mlikely sale price

Listed at $1,490,000. 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 $1.47M, if it sells. A realistic range is $1.38M to $1.66M.

Independent value check: $1.25M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.18M and $1.31M).

Why $1.25M. 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 $6,000 a year; the typical home sold here pays about $7,000.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
  • ▲ Raises it slightly3+1 bedrooms and 3 baths, against 3+1 and 2 typically.
List price
$1.38MBelow recent closings$1.66MAbove recent closings

Total price vs nearby homes. Likely closing about $1.47M, 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
21days on market so far
$4,786/moest. rent · 60 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 10 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 $1,146/sqft against an area asking average of $1,229/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Stonegate-Queensway: 30 of the 206 detached leases here lately were basement units, around $1,875 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $1.36M. 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.

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. 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 ($1,146/sqft) is below the area, so you are paying for extra space rather than a premium.

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
$1.56Mavg asking

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

Per square foot, these ask about $1,199/sqft; this home lists at $1,146/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.49MThis home1.70M1.30M2.00M1.40M1.40MThis 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
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 Park Lawn Junior Middle School
71%
Park Lawn Junior Middle SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 71% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Karen Kain School of the Arts · Public elementary0.4 km · 76% at standard
Étienne Brûlé Junior School · Public elementary0.6 km · 79% at standard
Etobicoke School of the Arts · Public secondary0.6 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary0.7 km · 88% at standard
St Louis Catholic School · Catholic elementary1.0 km · 76% at standard
Sunnylea Junior School · Public elementary1.2 km · 96% at standard
Castlebar Junior School · Public elementary1.4 km · 82% at standard
George R Gauld Junior School · Public elementary1.5 km · 73% at standard
Norseman Junior Middle School · Public elementary1.6 km · 77% at standard
Holy Angels Catholic School · Catholic elementary1.8 km · 84% at standard
David Hornell Junior School · Public elementary1.8 km · 68% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.9 km · 78% at standard

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

Affordability & Mortgage

Affordability
$6,791/mo
$277KIncome needed
5.4×Price ÷ income
$1,567Weekly cost
$52,550Land 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 $6,791Property tax $500Total carry $7,291

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)
$6,591per month

Mortgage amount $1,192,000 · 4.49% over 25 years

$298,000Down payment (20.0%)
$1,192,000Loan before insurance
$0CMHC premium
$7,091Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,591
Property tax
$500
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,091

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

One-time closing costs

Ontario land transfer tax
$26,275
Toronto municipal land transfer tax
$26,275
Estimated closing costs
$52,550

Plus your down payment of $298,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,977/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

$785,232Total interest paid
$1,977,232Total of all payments
Principal $1,192,000 Interest $785,232
YearPrincipalInterestBalance
1$26,600$52,489$1,165,400
2$27,808$51,281$1,137,592
3$29,071$50,019$1,108,521
4$30,391$48,699$1,078,130
5$31,771$47,319$1,046,360
6$33,213$45,876$1,013,147
7$34,721$44,368$978,426
8$36,298$42,792$942,128
9$37,946$41,144$904,183
10$39,668$39,421$864,514
11$41,470$37,620$823,045
12$43,352$35,737$779,692
13$45,321$33,768$734,371
14$47,379$31,711$686,993
15$49,530$29,560$637,463
16$51,779$27,311$585,684
17$54,130$24,960$531,555
18$56,587$22,502$474,968
19$59,156$19,933$415,811
20$61,842$17,247$353,969
21$64,650$14,439$289,318
22$67,586$11,504$221,733
23$70,654$8,435$151,078
24$73,862$5,227$77,216
25$77,216$1,873$0

At the end of your 5-year term

Total paid over the term
$395,446
Principal paid down
$145,640
Interest paid
$249,806
Balance remaining
$1,046,360

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 60 whole-home leases in Stonegate-Queensway$4,786/mo
$57,432Gross annual rent
2.9%Cap rate after taxes and upkeep
$4,267 to $5,213Typical 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 60 whole-home leases in Stonegate-Queensway signed at a median of $4,518 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,786. 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.

3.9%
Gross yield
− Property tax $6,000− Insurance $1,400− Vacancy & upkeep $6,318Net operating income $43,714

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

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