958 The Queensway, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14102250

$1,575,000
For Sale
Listed 8 days agoNo offer date stated
3Bedrooms
3Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About This Home

In short

  • Tired Of Fighting Traffic To and From Work?
  • Say Goodbye to Traffic, Stress & Spending Money on Gas in this Rare, Fabulously Renovated, Modern Open Concept Live/Work Home on the Queensway.
  • Extensively Updated W/ Soaring 9 Ft Smooth Ceilings.
  • Renovated Kitchen W/ Brand New Appliances & Walkout To Patio, Perfect for Entertaining W/ BBQ Gas Line.
  • Bonus: Main Floor Business Tenant Paying $2,800/Mth All-Inclusive, Month-to-Month, Willing to Stay or Vacate.
Read the full description

Tired Of Fighting Traffic To and From Work? Here, Your Commute is Just One Set Of Stairs! Say Goodbye to Traffic, Stress & Spending Money on Gas in this Rare, Fabulously Renovated, Modern Open Concept Live/Work Home on the Queensway! Extensively Updated W/ Soaring 9 Ft Smooth Ceilings! Renovated Kitchen W/ Brand New Appliances & Walkout To Patio, Perfect for Entertaining W/ BBQ Gas Line! 3rd Flr Primary Retreat W/ its Own Walkout Patio, Plus All New Doors, Windows & Sliding Doors, Fire-Rated Door & All New Hardware. New 2nd Flr Bath. Gleaming New Baseboards, Railings & Stairs to the 2nd and 3rd Floors. Two Separate Entrances, Freshly Painted Garage W/ Epoxy Floor & New Insulated Garage Door, Outdoor Parking Space, Visitor Parking & Gated Rear Entrance! Sprinklers on Every Floor. (Hardwood Floors are Engineered Hardwood). Exterior Waterproofing Completed. Bonus: Main Floor Business Tenant Paying $2,800/Mth All-Inclusive, Month-to-Month, Willing to Stay or Vacate. Let the Business Help Pay the Mortgage or Use the Space for Your Own! Unbeatable Location W/ High Street Exposure. Steps to TTC, Shops, Restaurants, Grocery & Big Box Retail Along the Queensway. Minutes to Gardiner, QEW & Hwy 427, Sherway Gardens, Downtown & Pearson Airport. Move-In Ready!

Key Facts

Property type
Townhouse, 3-Storey
MLS®
W14102250
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
14.01 × 59.8 ft
Cross streets
The Queensway and Islington
Parking
1 garage · 2 parking (built-in)
Driveway
Reserved/Assigned
Basement
Finished
Heating
Heat Pump
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Flat
Sewer
Sewer
Property tax
$7,406 / 2026
Days on market
8
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

See all 6 rooms, floor by floor
Bedroom 2Second4.83 × 4.11 m

walk-in closet(s) · large window · hardwood floor

Living RoomUpper4.47 × 4.11 m

large window · hardwood floor · combined w/dining

Dining RoomUpper4.97 × 4.11 m

pot lights · hardwood floor · combined w/living

Primary BedroomThird4.22 × 4.11 m

walk-in closet(s) · 5 pc ensuite · w/o to balcony

KitchenUpper3.86 × 4.11 m

w/o to balcony · updated · family size kitchen

Bedroom 3Second3.53 × 4.11 m

closet · window · hardwood floor

Our Take

Team Asgarian · Broker
In line with recent sales
$1.57Mautomated estimate, from recent sales

Listed at $1,575,000, about 0% above our estimate of $1.57M (homes like it typically land between $1.48M and $1.65M).

Why $1.57M. The typical townhouse sold in Stonegate-Queensway over the past year went for about $1.19M (17 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,406 a year; the typical home sold here pays about $5,200.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIts lot is 14 by 60 ft; the typical lot sold here is 16 by 84.
List price
$1.48MBelow our range$1.65MAbove our range

Total price vs nearby homes. Fair value about $1.57M, learned from recent GTA sales.

The market behind the math:

8days on market so far
$4,100/moest. rent · 6 leases
3.1%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $700/sqft against an area asking average of $734/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.39M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit

Its public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 7 comparable homes that sold in Stonegate-Queensway over the past two years, from 32 closings there.

What sellers nearby are asking

For sale in Stonegate-Queensway now · asking prices
$1.61Mavg asking

Every home like this one for sale in Stonegate-Queensway right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $754/sqft; this home lists at $700/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 7 for sale in Stonegate-Queensway.

See all comparable homes
1.57MThis home1.49M1.48M1.69M1.45M1.95MThis home vs active comparables

Sold price trend

Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.05M84
November 2025$1.04M75
December 2025$1.05M55
January 2026$1.04M38
February 2026$1.17M53
March 2026$1.09M86
April 2026$1.22M95
May 2026$1.10M88
June 2026$1.05M97
July 2026$960K91
August 2026$995K47
September 2026$1.06M91

Thinking of selling near Stonegate-Queensway?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

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 & catchment

Assigned 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 · 0.7 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Louis Catholic School · Catholic elementary1.0 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.1 km · 80% at standard
Norseman Junior Middle School · Public elementary1.2 km · 77% at standard
George R Gauld Junior School · Public elementary1.3 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.3 km · 88% at standard
St Leo Catholic School · Catholic elementary1.7 km · 82% at standard
Park Lawn Junior and Middle School · Public elementary2.0 km · 71% at standard
David Hornell Junior School · Public elementary2.0 km · 68% at standard
John English Junior Middle School · Public elementary2.0 km · 73% at standard
Sunnylea Junior School · Public elementary2.1 km · 96% at standard
St Mark Catholic School · Catholic elementary2.2 km · 59% at standard
Étienne Brûlé Junior School · Public elementary2.3 km · 79% at standard

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

Questions About 958 The Queensway

What is the asking price for 958 The Queensway?

It is listed at $1,575,000.

How many bedrooms and bathrooms does 958 The Queensway have?

3 bedrooms, and 3 bathrooms (1 of them half baths).

How big is 958 The Queensway?

The listing gives 2000-2500 sq ft of living space, on a 14.01 × 59.8 ft lot.

Does 958 The Queensway have parking?

1 garage space, 2 parking spaces in all.

What are the property taxes on 958 The Queensway?

$7,406 a year, for 2026.

Is there an offer date for 958 The Queensway?

The listing does not state an offer date.

Which schools is 958 The Queensway zoned for?

By the school boards' attendance boundaries: Castlebar Junior School, Karen Kain School of the Arts, Etobicoke Collegiate Institute and Holy Angels. Boundaries change, so confirm with the board before relying on it.

When was 958 The Queensway listed?

It came on the market on October 21, 2026.

Who is the listing brokerage for 958 The Queensway?

ROYAL LEPAGE TERREQUITY REALTY. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$7,178/mo
$296KIncome needed
5.3×Price ÷ income
$1,657Weekly cost
$55,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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 is 92% of the monthly costMortgage $7,178Property tax $617Total carry $7,795
Calculate and customize your mortgage

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.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,037per month

Mortgage amount $1,260,000 · 4.59% over 25 years

$315,000Down payment (20.0%)
$1,260,000Loan before insurance
$0CMHC premium
$7,654Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,037
Property tax
$617
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,654

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

One-time closing costs

Ontario land transfer tax
$27,975
Toronto municipal land transfer tax
$27,975
Estimated closing costs
$55,950

Plus your down payment of $315,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$8,509/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

$851,082Total interest paid
$2,111,082Total of all payments
Principal $1,260,000 Interest $851,082
YearPrincipalInterestBalance
1$27,728$56,716$1,232,272
2$29,015$55,428$1,203,257
3$30,362$54,081$1,172,895
4$31,772$52,672$1,141,123
5$33,247$51,196$1,107,876
6$34,790$49,653$1,073,086
7$36,406$48,038$1,036,680
8$38,096$46,348$998,585
9$39,864$44,579$958,720
10$41,715$42,728$917,005
11$43,652$40,791$873,353
12$45,679$38,765$827,675
13$47,799$36,644$779,875
14$50,018$34,425$729,857
15$52,341$32,103$677,517
16$54,771$29,673$622,746
17$57,313$27,130$565,433
18$59,974$24,469$505,458
19$62,759$21,685$442,700
20$65,672$18,771$377,027
21$68,721$15,722$308,306
22$71,912$12,531$236,394
23$75,250$9,193$161,144
24$78,744$5,699$82,400
25$82,400$2,043$0

At the end of your 5-year term

Total paid over the term
$422,216
Principal paid down
$152,124
Interest paid
$270,093
Balance remaining
$1,107,876

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.

Book a Consultation

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.

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

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