16 Delroy Drive, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14095052

$999,000
For Sale
Just listed todayNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Country Living In The City On A Spectacular Ravine Lot.
  • Experience Total Tranquility On An Incredible 33.6 X 216-Foot Deep Lot Featuring Premium Privacy, Lush, Mature Trees, & A Peaceful Backyard Oasis Backing Directly...
  • Deceptively Spacious & Beautifully Sunny, This "Good Vibe" Home Features A Versatile And Spacious 2+1 Bedrooms & 2 Washrooms Layout.
  • Escape To The Enormous Stunning Principal Bedroom (Formerly Two Bedrooms), W/ Breathtaking Views Of Your Mature Ravine Garden, 2 Large Entertainment Decks, & A Fully...
  • Boasting A Convenient Separate Side Entrance, The Expansive Finished Basement Includes A Third Bedroom, A Generous Family Room & A Dedicated Bar Area-Ideal For...

Rare Opportunity! Country Living In The City On A Spectacular Ravine Lot! Nestled In The Highly Sought-After Stonegate-Queensway Enclave (Royal York/The Queensway), This Detached Bungalow Is A Dream Find For Entertainment Enthusiasts, Downsizers, Savvy Investors, & Custom Builders Alike. Experience Total Tranquility On An Incredible 33.6 X 216-Foot Deep Lot Featuring Premium Privacy, Lush, Mature Trees, & A Peaceful Backyard Oasis Backing Directly Onto The Ravine. Deceptively Spacious & Beautifully Sunny, This "Good Vibe" Home Features A Versatile And Spacious 2+1 Bedrooms & 2 Washrooms Layout. Escape To The Enormous Stunning Principal Bedroom (Formerly Two Bedrooms), W/ Breathtaking Views Of Your Mature Ravine Garden, 2 Large Entertainment Decks, & A Fully Fenced Yard Designed For Hosting Or Serene Relaxation. There Is An Additional Cabana, Previously A Potters Shed, Now A Bar And Entertainment Area. The Lower Level Offers Absolute Peace Of Mind & Excellent Functional Flexibility. Boasting A Convenient Separate Side Entrance, The Expansive Finished Basement Includes A Third Bedroom, A Generous Family Room & A Dedicated Bar Area-Ideal For Hosting Epic Movie Nights, Large Parties, A Children's Play Space, Or Acting As An Optimal Private Guest Suite. Parking Is Effortless W/1-Car Detached Garage Plus An Additional Parking Space Right In Front. Enjoy A Serene Country Vibe While Remaining Steps Away From Urban Amenities. This Home Sits Just Steps From Jeff Healey Park, Excellent Transit, The Gardiner Expressway, Costco, & Upscale Shopping At Sherway Gardens. Families Will Also Benefit From Being Incredibly Close 2 Wonderful Toronto Schools, Including The Prestigious Etobicoke School Of The Arts & Karen Kain School Of The Arts. Move Right In, Build Your Architectural Masterpiece, Or Collect Premium Rental Income-This Exceptional Property Truly Has It All! *Other Is Bar Area

Key facts

Property type
Detached, Bungalow
MLS®
W14095052
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
33.6 × 216 ft
Cross streets
Royal York & Queensway
Parking
1 garage · 2 parking (detached)
Basement
Walk-Out, Finished
Heating
Water
A/C
Wall Unit(s), Window Unit(s)
Exterior
Stucco (Plaster), Vinyl Siding
Foundation
Concrete Block
Roof
Fibreglass Shingle
Sewer
Sewer
Property tax
$5,847 / 2026
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

BathroomMain2.11 × 2.15 m

4 Pc Bath

Dining RoomMain3.38 × 3.42 m

Vinyl Floor

OtherLower1.99 × 2.78 m

wet bar · laminate · window

Bedroom 2Main3.51 × 3.31 m

murphy bed · vinyl floor · closet

Bedroom 3Lower4.57 × 3.38 m

laminate · closet

Media RoomLower5.76 × 5.94 m

finished · laminate · fireplace

KitchenMain3.57 × 3.60 m

stainless steel appl · vinyl floor · updated

Living RoomMain3.61 × 4.04 m

bay window · vinyl floor

Primary BedroomMain5.04 × 5.77 m

w/o to garden · vinyl floor · double closet

Utility RoomLower3.36 × 3.60 m

Window

BathroomLower1.11 × 1.27 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
$1.32Mavg 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 $1,012/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home999k1.49M1.40M1.40M1.30MThis 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.

Kingsway South
$3.20M
Islington-City Centre West
$1.12M
Dovercourt-Wallace Emerson-Junction
$1.25M
Lawrence Park North
$3.00M
Leaside
$2.15M

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 · 0.2 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Etobicoke School of the Arts · Public secondary0.5 km · 80% at standard
St Mark Catholic School · Catholic elementary0.7 km · 59% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary0.8 km · 88% at standard
Park Lawn Junior and Middle School · Public elementary0.8 km · 71% at standard
Étienne Brûlé Junior School · Public elementary0.8 km · 79% at standard
George R Gauld Junior School · Public elementary1.1 km · 73% at standard
Castlebar Junior School · Public elementary1.4 km · 82% at standard
David Hornell Junior School · Public elementary1.4 km · 68% at standard
Sunnylea Junior School · Public elementary1.5 km · 96% at standard
Norseman Junior Middle School · Public elementary1.6 km · 77% at standard
Holy Angels Catholic School · Catholic elementary1.6 km · 84% at standard
St Leo Catholic School · Catholic elementary1.8 km · 82% at standard

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

Affordability & Mortgage

Affordability
$4,553/mo
$193KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$32,910Land 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.

90%mortgage
Mortgage $4,553Property tax $487Total carry $5,040

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)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,906Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$487
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,906

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

One-time closing costs

Ontario land transfer tax
$16,455
Toronto municipal land transfer tax
$16,455
Estimated closing costs
$32,910

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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
1.7%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.

2.8%
Gross yield
− Property tax $5,847− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,317

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.

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