101 Cannon Road, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14080630

$1,679,000
For Sale
Listed 5 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 8 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 101 Cannon Road, a custom-built detached home offering approximately 2,454 sq. ft. of above-grade living space, 3+1 bedrooms, 4 bathrooms and an...
  • Inside, 9-ft ceilings and wood flooring enhance the principal main-floor living areas.
  • At the heart of the home, the open-concept kitchen and family room create a comfortable everyday gathering space with a walk-out to the backyard and patio, making...
  • Upstairs, three generous bedrooms feature hardwood flooring and double-door closets, while a skylight brings additional natural light to the upper level.
  • The spacious primary retreat includes a 6-piece ensuite, while a separate 4-piece bathroom serves the additional bedrooms.

Welcome to 101 Cannon Road, a custom-built detached home offering approximately 2,454 sq. ft. of above-grade living space, 3+1 bedrooms, 4 bathrooms and an exceptionally versatile family-friendly layout in Etobicoke's desirable Queensway-Humber Bay community. This impressive stone residence delivers standout curb appeal and the kind of space and flexibility that is increasingly hard to find. Inside, 9-ft ceilings and wood flooring enhance the principal main-floor living areas. The formal living room offers the flexibility to serve as an elegant sitting room, home office or den, while the separate dining room provides an inviting setting for family dinners and entertaining. At the heart of the home, the open-concept kitchen and family room create a comfortable everyday gathering space with a walk-out to the backyard and patio, making indoor-outdoor living effortless. Upstairs, three generous bedrooms feature hardwood flooring and double-door closets, while a skylight brings additional natural light to the upper level. The spacious primary retreat includes a 6-piece ensuite, while a separate 4-piece bathroom serves the additional bedrooms. The fully finished lower level adds valuable living space with impressive 8-ft ceilings, a sizeable fourth bedroom with large windows and double-door closets, a 3-piece bathroom, expansive recreation area with bar, a large cold room/storage area, and a separate side entrance. Outside, enjoy a fenced backyard and patio, complemented by a gated parking area leading to the detached double-car garage, creating a practical and private setup for everyday living. Freshly painted throughout and ideally positioned near schools, parks, shopping, the Lake Ontario waterfront and everyday amenities, with convenient access to the Gardiner Expressway, QEW and downtown Toronto, because sometimes it's not about choosing between the right house and the right location. At 101 Cannon Road, you can have both, right in the heart of South Etobicoke!

Key facts

Property type
Detached, 2-Storey
MLS®
W14080630
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
52.5 × 105 ft
Cross streets
Berry Rd & Park Lawn Rd
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$8,525 / 2026
Days on market
5
Listing brokerage
EXP REALTY

Rooms

Dining RoomMain4.54 × 4.34 m

Hardwood Floor

Bedroom 3Second3.91 × 3.70 m

hardwood floor · double closet

KitchenMain5.35 × 3.12 m

ceramic floor · eat-in kitchen · w/o to yard

Bedroom 4Basement4.21 × 4.21 m

laminate · double closet

RecreationBasement4.69 × 10.41 m

3 Pc Bath

Living RoomMain4.29 × 4.16 m

hardwood floor · bow window

Bedroom 2Second4.24 × 4.08 m

hardwood floor · double closet

Family RoomMain4.82 × 4.31 m

hardwood floor · vaulted ceiling(s) · roughed-in fireplace

Primary BedroomSecond4.24 × 4.92 m

hardwood floor · 6 pc ensuite · double closet

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 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
Karen Kain School of the Arts · Public elementary0.7 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.0 km · 80% at standard
St Louis Catholic School · Catholic elementary1.1 km · 76% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.1 km · 88% at standard
George R Gauld Junior School · Public elementary1.5 km · 73% at standard
David Hornell Junior School · Public elementary1.5 km · 68% at standard
Sunnylea Junior School · Public elementary1.6 km · 96% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.6 km · 78% at standard
Castlebar Junior School · Public elementary1.8 km · 82% at standard
Norseman Junior Middle School · Public elementary2.0 km · 77% at standard
St Pius X Catholic School · Catholic elementary2.1 km · 82% at standard
St Leo Catholic School · Catholic elementary2.1 km · 82% at standard

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

Affordability & Mortgage

Affordability
$7,652/mo
$317KIncome needed
5.3×Price ÷ income
$1,766Weekly cost
$60,110Land 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 $7,652Property tax $710Total carry $8,363

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,427per month

Mortgage amount $1,343,200 · 4.49% over 25 years

$335,800Down payment (20.0%)
$1,343,200Loan before insurance
$0CMHC premium
$8,137Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,427
Property tax
$710
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,137

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

One-time closing costs

Ontario land transfer tax
$30,055
Toronto municipal land transfer tax
$30,055
Estimated closing costs
$60,110

Plus your down payment of $335,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,989/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

$884,835Total interest paid
$2,228,035Total of all payments
Principal $1,343,200 Interest $884,835
YearPrincipalInterestBalance
1$29,975$59,147$1,313,225
2$31,335$57,786$1,281,890
3$32,758$56,363$1,249,132
4$34,246$54,876$1,214,886
5$35,800$53,321$1,179,086
6$37,426$51,695$1,141,660
7$39,125$49,996$1,102,535
8$40,902$48,220$1,061,633
9$42,759$46,363$1,018,874
10$44,700$44,421$974,174
11$46,730$42,392$927,444
12$48,851$40,270$878,593
13$51,070$38,052$827,523
14$53,388$35,733$774,135
15$55,812$33,309$718,322
16$58,346$30,775$659,976
17$60,996$28,126$598,980
18$63,765$25,356$535,215
19$66,660$22,461$468,555
20$69,687$19,435$398,868
21$72,851$16,270$326,017
22$76,159$12,963$249,859
23$79,617$9,505$170,242
24$83,231$5,890$87,011
25$87,011$2,111$0

At the end of your 5-year term

Total paid over the term
$445,607
Principal paid down
$164,114
Interest paid
$281,493
Balance remaining
$1,179,086

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
2.1%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.

3.0%
Gross yield
− Property tax $8,525− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $34,931

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

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