10 Gala Lane, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W14107096

$1,488,888
For Sale
Listed 7 days agoNo offer date stated
4Bedrooms
3Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About This Home

In short

  • A TRUE GEM IN SOUTH ETOBICOKE.
  • Beautiful end-unit, freehold townhouse featuring 4 spacious bedrooms and extensive renovations throughout.
  • The fully renovated kitchen and bathrooms offer modern style and quality finishes.
  • Enjoy a stunning 13-foot Swim Spa in the backyard, quartz countertops, a center island, high-end appliances, pot lights throughout, and freshly painted.
  • Parking is exceptional, with a double-car garage plus at least 6 additional parking spaces in the front.
Read the full description

A TRUE GEM IN SOUTH ETOBICOKE! Beautiful end-unit, freehold townhouse featuring 4 spacious bedrooms and extensive renovations throughout. The fully renovated kitchen and bathrooms offer modern style and quality finishes. Enjoy a stunning 13-foot Swim Spa in the backyard, quartz countertops, a center island, high-end appliances, pot lights throughout, and freshly painted. Move-in ready and beautifully finished! Parking is exceptional, with a double-car garage plus at least 6 additional parking spaces in the front. Located in a fantastic South Etobicoke neighborhood, this is an opportunity you won't want to miss. Truly a gem - don't wait, it won't last long! Bring your most discerning clients!

Key Facts

Property type
Townhouse, 3-Storey
MLS®
W14107096
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
26.4 × 82 ft
Cross streets
The Queensway/Islington
Parking
2 garage · 8 parking (built-in)
Driveway
Private Triple
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stucco (Plaster)
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,003 / 2026
Days on market
7
Listing brokerage
SKYBOUND REALTY

Rooms

See all 10 rooms, floor by floor
FoyerGround1.35 × 2.75 m

porcelain floor · closet

Living RoomGround3.39 × 5.20 m

hardwood floor · large window · combined w/dining

KitchenGround4.26 × 5.19 m

porcelain floor · quartz counter · w/o to deck

Bedroom 2Second2.50 × 4.90 m

hardwood floor · french doors

Bedroom 3Second3.36 × 4.21 m

hardwood floor · double closet

Dining RoomGround3.39 × 5.20 m

hardwood floor · combined w/living

Bedroom 3Second3.05 × 3.10 m

hardwood floor · double closet

Primary BedroomThird3.35 × 4.90 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

OfficeThird2.50 × 2.78 m

hardwood floor · french doors

SittingThird0.60 × 2.50 m

juliette balcony · sliding doors

Our Take

Team Asgarian · Broker
Above what recent sales support
$1.31Mautomated estimate, from recent sales

Listed at $1,488,888, about 13% above our estimate of $1.31M (homes like it typically land between $1.23M and $1.38M).

Why $1.31M. 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 $6,003 a year; the typical home sold here pays about $5,200.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts lot is 26 by 82 ft; the typical lot sold here is 16 by 84.
List price
$1.23MBelow our range$1.49MAbove our range

Total price vs nearby homes. Fair value about $1.31M, learned from recent GTA sales.

The market behind the math:

7days on market so far
$3,750/moest. rent · 7 leases
3.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $851/sqft against an area asking average of $712/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 6 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.35M. Condition and finishes remain an in-person call.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

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

Based on 6 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
$1.48Mavg 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 $687/sqft; this home lists at $851/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 8 for sale in Stonegate-Queensway.

See all comparable homes
1.49MThis home1.48M1.45M1.57M1.69M1.20MThis 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$1.12M
Dovercourt-Wallace Emerson-Junction
$1.24M
Trinity-Bellwoods
$1.61M

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 & 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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 0.8 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
George R Gauld Junior School · Public elementary0.5 km · 73% at standard
David Hornell Junior School · Public elementary0.8 km · 68% at standard
Etobicoke School of the Arts · Public secondary0.9 km · 80% at standard
St Mark Catholic School · Catholic elementary1.1 km · 59% at standard
St Leo Catholic School · Catholic elementary1.2 km · 82% at standard
Étienne Brûlé Junior School · Public elementary1.3 km · 79% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.3 km · 88% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
John English Junior Middle School · Public elementary1.5 km · 73% at standard
Castlebar Junior School · Public elementary1.6 km · 82% at standard
Holy Angels Catholic School · Catholic elementary1.8 km · 84% at standard
Norseman Junior Middle School · Public elementary2.0 km · 77% at standard

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

Questions About 10 Gala Lane

What is the asking price for 10 Gala Lane?

It is listed at $1,488,888.

How many bedrooms and bathrooms does 10 Gala Lane have?

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

How big is 10 Gala Lane?

The listing gives 1500-2000 sq ft of living space, on a 26.4 × 82 ft lot.

Does 10 Gala Lane have parking?

2 garage spaces, 8 parking spaces in all.

What are the property taxes on 10 Gala Lane?

$6,003 a year, for 2026.

Is there an offer date for 10 Gala Lane?

The listing does not state an offer date.

Which schools is 10 Gala Lane zoned for?

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

When was 10 Gala Lane listed?

It came on the market on October 22, 2026.

Who is the listing brokerage for 10 Gala Lane?

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

Affordability & Mortgage

Affordability
$6,786/mo
$277KIncome needed
5.4×Price ÷ income
$1,566Weekly cost
$52,506Land 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.

93%mortgage
Mortgage is 93% of the monthly costMortgage $6,786Property tax $500Total carry $7,286
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%
$
%
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)
$6,652per month

Mortgage amount $1,191,110 · 4.59% over 25 years

$297,778Down payment (20.0%)
$1,191,110Loan before insurance
$0CMHC premium
$7,152Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,652
Property tax
$500
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,152

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

One-time closing costs

Ontario land transfer tax
$26,253
Toronto municipal land transfer tax
$26,253
Estimated closing costs
$52,506

Plus your down payment of $297,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$8,043/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

$804,550Total interest paid
$1,995,660Total of all payments
Principal $1,191,110 Interest $804,550
YearPrincipalInterestBalance
1$26,212$53,615$1,164,899
2$27,429$52,398$1,137,470
3$28,702$51,124$1,108,768
4$30,035$49,792$1,078,733
5$31,429$48,397$1,047,304
6$32,888$46,938$1,014,416
7$34,415$45,411$980,001
8$36,013$43,813$943,988
9$37,685$42,142$906,303
10$39,434$40,392$866,868
11$41,265$38,561$825,603
12$43,181$36,645$782,422
13$45,186$34,641$737,236
14$47,284$32,543$689,953
15$49,479$30,348$640,474
16$51,776$28,050$588,698
17$54,180$25,647$534,518
18$56,695$23,131$477,823
19$59,327$20,499$418,495
20$62,082$17,745$356,414
21$64,964$14,862$291,450
22$67,980$11,846$223,470
23$71,136$8,690$152,333
24$74,439$5,388$77,895
25$77,895$1,932$0

At the end of your 5-year term

Total paid over the term
$399,132
Principal paid down
$143,806
Interest paid
$255,326
Balance remaining
$1,047,304

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 SKYBOUND REALTY. MLS®/PropTx.

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