8 Smith Crescent, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14081242

$949,000
For Sale
Listed 5 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • Directly across from vast multi faceted park, boasting year round activity from skating to tennis.
  • Soaring mature trees, walk out to newer deck and lush backyard with irrigation system.
  • Sweet Cape Cod style with newer windows, carpeting on stairs and 5 year new roof.
  • Finished large basement family room plus workbench and tool storge area!, Cozy, gabled roof bedrooms, with extra storage nook, hardwood throughout main and upper floors.

Directly across from vast multi faceted park, boasting year round activity from skating to tennis! Quiet family filled community close to TTC and ALL amenities. Short walk to restaurants and grocery store. Soaring mature trees, walk out to newer deck and lush backyard with irrigation system. Sweet Cape Cod style with newer windows, carpeting on stairs and 5 year new roof! Finished large basement family room plus workbench and tool storge area!, Cozy, gabled roof bedrooms, with extra storage nook, hardwood throughout main and upper floors. Large walk in shed with hydro, adds terrific storage for all tools and gardening equipment. Great schools, quick access to QEW-- heading east or west!

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W14081242
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
39.33 × 122 ft
Cross streets
Royal York and Queensway
Parking
2 parking
Driveway
Mutual
Basement
Full, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,236 / 2026
Days on market
5
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Bedroom 2Upper4.06 × 2.79 m

Hardwood Floor

Dining RoomMain5.03 × 3.30 m

hardwood floor · picture window · overlooks garden

Primary BedroomUpper4.06 × 3.09 m

hardwood floor · closet · overlooks park

Family RoomLower4.75 × 2.98 m

Window

KitchenMain3.80 × 2.25 m

B/I Dishwasher

Living RoomMain5.03 × 3.43 m

hardwood floor · picture window

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 (Castlebar Junior School) 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 Castlebar Junior School
82%
Castlebar Junior SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Louis Catholic School · Catholic elementary0.5 km · 76% at standard
Etobicoke School of the Arts · Public secondary0.6 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary0.9 km · 88% at standard
George R Gauld Junior School · Public elementary0.9 km · 73% at standard
Norseman Junior Middle School · Public elementary1.2 km · 77% at standard
St Leo Catholic School · Catholic elementary1.5 km · 82% at standard
Park Lawn Junior and Middle School · Public elementary1.5 km · 71% at standard
David Hornell Junior School · Public elementary1.6 km · 68% at standard
St Mark Catholic School · Catholic elementary1.6 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.7 km · 79% at standard
Sunnylea Junior School · Public elementary1.8 km · 96% at standard
John English Junior Middle School · Public elementary1.9 km · 73% at standard

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

Affordability & Mortgage

Affordability
$4,325/mo
$179KIncome needed
5.3×Price ÷ income
$998Weekly cost
$30,910Land 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 $4,325Property tax $353Total carry $4,678

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)
$4,198per month

Mortgage amount $759,200 · 4.49% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,551Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,198
Property tax
$353
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,551

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

One-time closing costs

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Estimated closing costs
$30,910

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,081/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

$500,124Total interest paid
$1,259,324Total of all payments
Principal $759,200 Interest $500,124
YearPrincipalInterestBalance
1$16,942$33,431$742,258
2$17,711$32,662$724,547
3$18,516$31,857$706,031
4$19,356$31,017$686,675
5$20,235$30,138$666,440
6$21,154$29,219$645,286
7$22,114$28,259$623,172
8$23,118$27,255$600,053
9$24,168$26,205$575,885
10$25,265$25,108$550,620
11$26,412$23,960$524,208
12$27,612$22,761$496,596
13$28,865$21,508$467,730
14$30,176$20,197$437,554
15$31,546$18,827$406,008
16$32,978$17,395$373,030
17$34,476$15,897$338,554
18$36,041$14,332$302,513
19$37,678$12,695$264,836
20$39,388$10,985$225,447
21$41,177$9,196$184,271
22$43,046$7,327$141,224
23$45,001$5,372$96,224
24$47,044$3,329$49,180
25$49,180$1,193$0

At the end of your 5-year term

Total paid over the term
$251,865
Principal paid down
$92,760
Interest paid
$159,105
Balance remaining
$666,440

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$1,450/mo
$17,400Gross annual rent
1.0%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.

1.8%
Gross yield
− Property tax $4,236− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,850

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

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