602-51 Lady Bank Road, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13857006
About this home
In short
- A truly exceptional penthouse in a boutique building offering a rare combination of privacy, light, space and unobstructed views.
- The expansive balcony provides an exceptional outdoor living space, with BBQs permitted and a natural gas hookup, as well as the opportunity to create a private oasis...
- Inside, the 10-foot ceilings and windows along almost every exterior wall create an exceptionally bright, calm and airy living environment.
- An entertainer's dream, the open-concept living space features a gas stove, seamless flow to the balcony through patio doors, and a dedicated TV wall, creating the...
A truly exceptional penthouse in a boutique building offering a rare combination of privacy, light, space and unobstructed views. With only two suites on the penthouse floor, the building provides an uncommon level of privacy and exclusivity. The penthouse features extensive north and west-facing views with beautiful sunsets, as well as north-facing views overlooking the surrounding neighbourhood. With no other condominium buildings directly overlooking the property, the views are remarkably open and private. The expansive balcony provides an exceptional outdoor living space, with BBQs permitted and a natural gas hookup, as well as the opportunity to create a private oasis with plants and greenery. Inside, the 10-foot ceilings and windows along almost every exterior wall create an exceptionally bright, calm and airy living environment. The thoughtful split-bedroom layout places each bedroom in its own wing, providing privacy and separation from the main living areas. An entertainer's dream, the open-concept living space features a gas stove, seamless flow to the balcony through patio doors, and a dedicated TV wall, creating the perfect setting for hosting intimate dinners or larger gatherings. This is a rare type of condominium that is increasingly difficult to find. The boutique scale, generous outdoor space, ceiling height, natural light, privacy and unobstructed views combine to create a truly one-of-a-kind penthouse that feels fresh, peaceful and private.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W13857006
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- The Queensway & Islington Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Concrete
- Maintenance
- $879/mo
- Exposure
- North West
- Property tax
- $3,860 / 2026
- Days on market
- 17
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
4 pc ensuite · tile floor
hardwood floor · b/i bookcase
separate room · tile floor
w/o to terrace · walk-in closet(s) · 4 pc ensuite
4 pc bath · tile floor
stainless steel appl · gas fireplace · open concept
hardwood floor · b/i bookcase
w/o to terrace · combined w/kitchen · combined w/dining
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 readIts public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.
Per square foot, these ask about $762/sqft; this home lists at $725/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Stonegate-Queensway, Toronto, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $550,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,043
- Property tax
- $322
- Condo / maintenance fees
- $879
- Heating
- $0
- Estimated monthly cost
- $4,244
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,235
- Toronto municipal land transfer tax
- $10,235
- Estimated closing costs
- $20,470
Plus your down payment of $137,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $182,595
- Principal paid down
- $67,249
- Interest paid
- $115,347
- Balance remaining
- $483,151
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.