1012-25 Neighbourhood Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13873902

$672,000
For Sale
Listed 12 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
800-899Sq ft

About this home

In short

  • PRICE INCLUDES 2 PARKING SPOTS AND 2 LOCKER UNITS.
  • This thoughtfully designed Soar Model offers anexceptional 2+1 bedroom, 2-bathroom layout, complemented by a spacious balcony with stunning,unobstructed views of the...
  • The bright, open-concept interior featurespremium finishes throughout, including sleek stainless steel appliances, elegant valancelighting, a contemporary backsplash...
  • Residentsenjoy an impressive selection of amenities, including 24-hour security, a fully equippedfitness centre, and a convenient pet spa.
  • 3rd parking spot and locker are available if needed.

PRICE INCLUDES 2 PARKING SPOTS AND 2 LOCKER UNITS. Welcome to Queensview at Backyard Condos.This thoughtfully designed Soar Model offers anexceptional 2+1 bedroom, 2-bathroom layout, complemented by a spacious balcony with stunning,unobstructed views of the CN Tower and Lake Ontario. The bright, open-concept interior featurespremium finishes throughout, including sleek stainless steel appliances, elegant valancelighting, a contemporary backsplash, and an abundance of natural light. The versatile denprovides the perfect space for a home office, guest area, or additional living space. Residentsenjoy an impressive selection of amenities, including 24-hour security, a fully equippedfitness centre, and a convenient pet spa. Whether you're a first-time homebuyer, investor, orlooking to upgrade your lifestyle, this exceptional residence offers the perfect combination ofmodern design, comfort, and breathtaking views. A must-see opportunity in one of the area'smost desirable communities! 3rd parking spot and locker are available if needed.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13873902
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Berry Rd. & Stephen Dr.
Parking
2 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$679/mo
Exposure
South East
Property tax
$3,169 / 2026
Days on market
12
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

DenFlat2.74 × 1.39 m

laminate · combined w/kitchen · open concept

Living RoomFlat6.37 × 4.60 m

laminate · combined w/kitchen · balcony

BedroomFlat2.87 × 2.74 m

laminate · large closet

Primary BedroomFlat3.17 × 3.01 m

3 pc ensuite · large window · large closet

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

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Little Portugal
$549K
Niagara
$727K
Markland Wood
$680K
Waterfront Communities C1
$682K
Kensington-Chinatown
$585K

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 · 0.3 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.1 km · 78% at standard
Karen Kain School of the Arts · Public elementary1.2 km · 76% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.4 km · 88% at standard
Etobicoke School of the Arts · Public secondary1.4 km · 80% at standard
St Pius X Catholic School · Catholic elementary1.5 km · 82% at standard
Sunnylea Junior School · Public elementary1.5 km · 96% at standard
St Louis Catholic School · Catholic elementary1.7 km · 76% at standard
George R Gauld Junior School · Public elementary2.1 km · 73% at standard
David Hornell Junior School · Public elementary2.1 km · 68% at standard
Castlebar Junior School · Public elementary2.2 km · 82% at standard
Runnymede Junior and Senior Public School · Public elementary2.2 km · 92% at standard
Norseman Junior Middle School · Public elementary2.2 km · 77% at standard

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

Affordability & Mortgage

Affordability
$3,063/mo
$141KIncome needed
4.8×Price ÷ income
$707Weekly cost
$19,830Land 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.

76%mortgage
Mortgage $3,063Property tax $264Condo fee $679Total carry $4,006

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)
$2,972per month

Mortgage amount $537,600 · 4.49% over 25 years

$134,400Down payment (20.0%)
$537,600Loan before insurance
$0CMHC premium
$3,916Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,972
Property tax
$264
Condo / maintenance fees
$679
Heating
$0
Estimated monthly cost
$3,916

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

One-time closing costs

Ontario land transfer tax
$9,915
Toronto municipal land transfer tax
$9,915
Estimated closing costs
$19,830

Plus your down payment of $134,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,598/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

$354,145Total interest paid
$891,745Total of all payments
Principal $537,600 Interest $354,145
YearPrincipalInterestBalance
1$11,997$23,673$525,603
2$12,542$23,128$513,061
3$13,111$22,559$499,950
4$13,706$21,963$486,244
5$14,329$21,341$471,915
6$14,979$20,690$456,936
7$15,659$20,010$441,276
8$16,370$19,299$424,906
9$17,114$18,556$407,792
10$17,891$17,779$389,902
11$18,703$16,967$371,199
12$19,552$16,118$351,646
13$20,440$15,230$331,206
14$21,368$14,302$309,838
15$22,338$13,332$287,500
16$23,352$12,317$264,148
17$24,413$11,257$239,735
18$25,521$10,149$214,214
19$26,680$8,990$187,534
20$27,891$7,778$159,642
21$29,158$6,512$130,485
22$30,482$5,188$100,003
23$31,866$3,804$68,137
24$33,312$2,357$34,825
25$34,825$845$0

At the end of your 5-year term

Total paid over the term
$178,349
Principal paid down
$65,685
Interest paid
$112,664
Balance remaining
$471,915

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$2,700/mo
$32,400Gross annual rent
2.5%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.

4.8%
Gross yield
− Property tax $3,169− Condo fees $8,152− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,915

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

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