24 Gala Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13843396

$1,448,000
For Sale
Listed 20 days agoNo offer date stated
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3Bedrooms
3Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to one of South Etobicoke's most exceptionally spacious townhomes with 9-ft ceilings, hardwood oak floors and an intuitive layout with no wasted space.
  • The home strikes the perfect balance between open-concept living and beautifully defined rooms.
  • Two separate living areas, two fireplaces and an elegant dining room provide plenty of space to gather and entertain, while the generous chef's kitchen features a...
  • Escape to the third floor, dedicated entirely to an impressive primary retreat complete with a covered private balcony, walk-in closet, abundant storage and spa-like...
  • EV-ready with a Level 2 charger, the home offers exceptional parking with a 2-car garage and 4-car driveway, including a 2-car carport, along with a commercial-grade...

FREEHOLD. NO MAINTENANCE FEES. 2300+ SQ. FT. 6-CAR PARKING. Welcome to one of South Etobicoke's most exceptionally spacious townhomes with 9-ft ceilings, hardwood oak floors and an intuitive layout with no wasted space. The home strikes the perfect balance between open-concept living and beautifully defined rooms. Two separate living areas, two fireplaces and an elegant dining room provide plenty of space to gather and entertain, while the generous chef's kitchen features a large island, high-end appliances, pantry pull-outs and newly updated countertops, backsplash, sink and faucet (2026).Escape to the third floor, dedicated entirely to an impressive primary retreat complete with a covered private balcony, walk-in closet, abundant storage and spa-like 5-pc ensuite. Outside, the private, low-maintenance backyard with interlocking patio and gas BBQ hookup creates an effortless extension of the living space for summer entertaining. EV-ready with a Level 2 charger, the home offers exceptional parking with a 2-car garage and 4-car driveway, including a 2-car carport, along with a commercial-grade water softener(2025).Enjoy the best of the South Etobicoke lifestyle with Mimico GO, TTC and the Gardiner nearby, plus convenient access to the waterfront, parks, trails, schools and daycares. Walk to everyday essentials and neighbourhood favourites including Costco, No Frills, Sobeys, SanRemo Bakery, Tom's Dairy Freeze, Great Lakes Brewery and more. A rare combination of space, privacy, parking and convenience-all just minutes from downtown!

Key facts

Property type
Townhouse, 3-Storey
MLS®
W13843396
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
22.57 × 68.86 ft
Cross streets
Royal York/The Queensway
Parking
2 garage · 6 parking (built-in)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,939 / 2026
Days on market
20
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomMain4.50 × 3.40 m
Bedroom 2Second3.71 × 3.13 m
Primary BedroomThird9.60 × 4.87 m
LaundrySecond2.43 × 1.92 m
Bedroom 3Second3.71 × 3.47 m
Family RoomSecond5.39 × 5.02 m
BathroomSecond3.04 × 1.82 m
BreakfastMain3.70 × 2.70 m
BathroomThird3.35 × 4.26 m
Powder RoomMain1.52 × 1.52 m
KitchenMain4.36 × 3.60 m
Dining RoomMain5.40 × 4.20 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

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 · 0.8 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
George R Gauld Junior School · Public elementary0.5 km · 73% at standard
David Hornell Junior School · Public elementary0.8 km · 68% at standard
Etobicoke School of the Arts · Public secondary0.9 km · 80% at standard
St Leo Catholic School · Catholic elementary1.2 km · 82% at standard
St Mark Catholic School · Catholic elementary1.2 km · 59% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.3 km · 88% at standard
Étienne Brûlé Junior School · Public elementary1.3 km · 79% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
John English Junior Middle School · Public elementary1.5 km · 73% at standard
Castlebar Junior School · Public elementary1.6 km · 82% at standard
Holy Angels Catholic School · Catholic elementary1.8 km · 84% at standard
Norseman Junior Middle School · Public elementary1.9 km · 77% at standard

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

Affordability & Mortgage

Affordability
$6,600/mo
$270KIncome needed
5.4×Price ÷ income
$1,523Weekly cost
$50,870Land 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 $6,600Property tax $495Total carry $7,094

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)
$6,405per month

Mortgage amount $1,158,400 · 4.49% over 25 years

$289,600Down payment (20.0%)
$1,158,400Loan before insurance
$0CMHC premium
$6,900Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,405
Property tax
$495
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,900

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

One-time closing costs

Ontario land transfer tax
$25,435
Toronto municipal land transfer tax
$25,435
Estimated closing costs
$50,870

Plus your down payment of $289,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,752/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

$763,098Total interest paid
$1,921,498Total of all payments
Principal $1,158,400 Interest $763,098
YearPrincipalInterestBalance
1$25,851$51,009$1,132,549
2$27,024$49,836$1,105,525
3$28,251$48,609$1,077,274
4$29,534$47,326$1,047,740
5$30,875$45,985$1,016,865
6$32,277$44,583$984,588
7$33,742$43,118$950,846
8$35,274$41,586$915,571
9$36,876$39,984$878,695
10$38,550$38,310$840,145
11$40,301$36,559$799,845
12$42,130$34,730$757,714
13$44,043$32,817$713,671
14$46,043$30,817$667,628
15$48,134$28,726$619,494
16$50,319$26,541$569,175
17$52,604$24,256$516,572
18$54,992$21,868$461,579
19$57,489$19,371$404,090
20$60,099$16,761$343,991
21$62,828$14,032$281,163
22$65,681$11,179$215,483
23$68,663$8,197$146,820
24$71,780$5,080$75,039
25$75,039$1,820$0

At the end of your 5-year term

Total paid over the term
$384,300
Principal paid down
$141,535
Interest paid
$242,764
Balance remaining
$1,016,865

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$4,200/mo
$50,400Gross annual rent
2.6%Cap rate after taxes and upkeep

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.

3.5%
Gross yield
− Property tax $5,939− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,517

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

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