11 Larstone Avenue, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14031040

$1,399,000
For Sale
Listed 5 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 11 Larstone Avenue, a well-maintained detached bungalow situated on a generous 45' x 112' lot in the sought-after Norseman Heights neighborhood.
  • A functional eat-in kitchen, 3 bedrooms and a 5-piece bathroom complete the main level.
  • The finished basement, with its own separate entrance, offers excellent flexibility with a second full kitchen, generous family room with gas fireplace...
  • Ideally located in an established, family-friendly neighborhood close to excellent schools, parks, Norseman Community School and Pool, shopping, restaurants and...

Welcome to 11 Larstone Avenue, a well-maintained detached bungalow situated on a generous 45' x 112' lot in the sought-after Norseman Heights neighborhood. Pride of ownership is evident throughout this lovingly cared-for home, offering a solid foundation and wonderful opportunity to update and make it your own. The main floor features a bright and spacious living room with large windows, California shutters and an electric fireplace, opening to a separate dining area. A functional eat-in kitchen, 3 bedrooms and a 5-piece bathroom complete the main level. The finished basement, with its own separate entrance, offers excellent flexibility with a second full kitchen, generous family room with gas fireplace, recreation/dining area with wet bar, 3-piece bathroom, laundry room and cantina. Outside, the well- maintained lawn, mature landscaping, interlocking walkways and backyard patio reflect the care this property has received over the years. A private single-car garage and garden shed provide additional convenience and storage. Ideally located in an established, family-friendly neighborhood close to excellent schools, parks, Norseman Community School and Pool, shopping, restaurants and transit, with easy access to major highways, downtown Toronto and the airport. A comfortable home to enjoy today, with plenty of potential to personalize for the years ahead!

Key facts

Property type
Detached, Bungalow
MLS®
W14031040
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
45.06 × 112.66 ft
Cross streets
Royal York Rd/Norseman St
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,493 / 2025
Days on market
5
Listing brokerage
HOMELIFE/VISION REALTY INC.

Rooms

Living RoomMain5.79 × 3.83 m

hardwood floor · gas fireplace · california shutters

KitchenMain4.01 × 2.99 m

eat-in kitchen · french doors · window

Bedroom 2Main3.84 × 2.97 m

hardwood floor · closet · large window

KitchenBasement6.02 × 3.05 m

separate room · tile floor

RecreationBasement7.24 × 3.84 m

wet bar · tile floor · window

Primary BedroomMain4.75 × 3.10 m

hardwood floor · double closet · large window

LaundryBasement5.59 × 3.86 m
Bedroom 3Main3.12 × 2.64 m

closet · window · hardwood floor

Family RoomBasement3.68 × 6.43 m

fireplace · hardwood floor · window

Dining RoomMain3.05 × 2.95 m

hardwood floor · picture window · l-shaped room

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
$2.10Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,612/sqft; this home lists at $1,076/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.40MThis home1.40M2.00M2.89MThis 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.

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 0.9 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bishop Allen Academy Catholic Secondary School · Catholic secondary0.4 km · 88% at standard
Castlebar Junior School · Public elementary0.5 km · 82% at standard
Norseman Junior Middle School · Public elementary0.5 km · 77% at standard
Etobicoke School of the Arts · Public secondary0.6 km · 80% at standard
Sunnylea Junior School · Public elementary1.0 km · 96% at standard
Park Lawn Junior and Middle School · Public elementary1.2 km · 71% at standard
St Louis Catholic School · Catholic elementary1.2 km · 76% at standard
St Mark Catholic School · Catholic elementary1.6 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.6 km · 79% at standard
George R Gauld Junior School · Public elementary1.8 km · 73% at standard
Our Lady of Sorrows Catholic School · Catholic elementary1.8 km · 90% at standard
Islington Junior Middle School · Public elementary2.1 km · 66% at standard

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

Affordability & Mortgage

Affordability
$6,376/mo
$263KIncome needed
5.3×Price ÷ income
$1,471Weekly cost
$48,910Land 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.

92%mortgage
Mortgage $6,376Property tax $541Total carry $6,917

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)
$6,188per month

Mortgage amount $1,119,200 · 4.49% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,729Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,188
Property tax
$541
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,729

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

One-time closing costs

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Estimated closing costs
$48,910

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,490/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

$737,275Total interest paid
$1,856,475Total of all payments
Principal $1,119,200 Interest $737,275
YearPrincipalInterestBalance
1$24,976$49,283$1,094,224
2$26,110$48,149$1,068,114
3$27,295$46,964$1,040,819
4$28,535$45,724$1,012,285
5$29,830$44,429$982,454
6$31,185$43,074$951,270
7$32,600$41,659$918,669
8$34,081$40,178$884,589
9$35,628$38,631$848,961
10$37,246$37,013$811,715
11$38,937$35,322$772,778
12$40,705$33,554$732,073
13$42,553$31,706$689,520
14$44,485$29,774$645,035
15$46,505$27,754$598,531
16$48,616$25,643$549,915
17$50,824$23,435$499,091
18$53,131$21,128$445,960
19$55,544$18,715$390,416
20$58,065$16,193$332,351
21$60,702$13,557$271,649
22$63,458$10,801$208,191
23$66,339$7,920$141,851
24$69,351$4,908$72,500
25$72,500$1,759$0

At the end of your 5-year term

Total paid over the term
$371,295
Principal paid down
$136,746
Interest paid
$234,549
Balance remaining
$982,454

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$2,300/mo
$27,600Gross annual rent
1.2%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.0%
Gross yield
− Property tax $6,493− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,671

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

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