812-25 Neighbourhood Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13886362

$529,900
For Sale
Listed 7 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright, brand-new 2-bedroom, 2-bathroom condo offering over 820 sq. ft. of well-designed living space.
  • Featuring an open-concept layout with floor-to-ceiling windows, a modern chef-inspired kitchen, and in-suite laundry, this unit also includes one parking space and...

Bright, brand-new 2-bedroom, 2-bathroom condo offering over 820 sq. ft. of well-designed living space. Featuring an open-concept layout with floor-to-ceiling windows, a modern chef-inspired kitchen, and in-suite laundry, this unit also includes one parking space and one locker-perfectly suited for professionals, downsizers, or small families.Enjoy your morning coffee on the private balcony, with easy access to Mimico's waterfront parks, scenic trails, and a vibrant mix of local shops, cafes, and restaurants along Lake Shore and Royal York. Commuting is effortless with nearby TTC and GO access, plus quick connections to the Gardiner and QEW. Just minutes to Sherway Gardens for all your shopping needs, this home offers the perfect balance of lakeside living and urban convenience in one of South Etobicoke's most sought-after communities.Residents also enjoy access to premium building amenities, including a fully equipped gym, party room, meeting room, kids' playroom, and a convenient pet spa.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13886362
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Parklawn & The Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Maintenance
$753/mo
Exposure
South
Property tax
$2,873 / 2025
Days on market
7
Listing brokerage
EXP REALTY

Rooms

BathroomFlat1.80 × 1.90 m

4 Pc Bath

KitchenFlat2.10 × 1.70 m
BedroomFlat2.10 × 2.10 m
DenFlat2.10 × 2.30 m
Primary BedroomFlat2.20 × 2.40 m
Living RoomFlat3.10 × 3.30 m
BathroomFlat1.40 × 1.80 m

3 Pc Bath

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.

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$674kavg 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 $808/sqft; this home lists at $624/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
530kThis home548k496k979kThis home vs active comparables

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
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$727K
Markland Wood
$680K
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
$2,415/mo
$117KIncome needed
4.5×Price ÷ income
$557Weekly cost
$14,146Land 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.

71%mortgage
Mortgage $2,415Property tax $239Condo fee $753Total carry $3,408

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)
$2,344per month

Mortgage amount $423,920 · 4.49% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,336Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$239
Condo / maintenance fees
$753
Heating
$0
Estimated monthly cost
$3,336

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,258Total interest paid
$703,178Total of all payments
Principal $423,920 Interest $279,258
YearPrincipalInterestBalance
1$9,460$18,667$414,460
2$9,890$18,238$404,570
3$10,339$17,788$394,232
4$10,808$17,319$383,424
5$11,299$16,828$372,125
6$11,812$16,315$360,313
7$12,348$15,779$347,965
8$12,909$15,218$335,056
9$13,495$14,632$321,561
10$14,108$14,020$307,454
11$14,748$13,379$292,706
12$15,418$12,709$277,288
13$16,118$12,009$261,170
14$16,850$11,278$244,320
15$17,615$10,512$226,706
16$18,414$9,713$208,291
17$19,250$8,877$189,041
18$20,125$8,003$168,916
19$21,038$7,089$147,878
20$21,993$6,134$125,885
21$22,992$5,135$102,893
22$24,036$4,091$78,857
23$25,127$3,000$53,729
24$26,268$1,859$27,461
25$27,461$666$0

At the end of your 5-year term

Total paid over the term
$140,636
Principal paid down
$51,795
Interest paid
$88,840
Balance remaining
$372,125

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
3.1%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.

6.1%
Gross yield
− Property tax $2,873− Condo fees $9,040− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,323

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

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