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Stonegate-Queensway, Toronto
$989,000
Full of warmth, character, and thoughtful touches, this charming two-bedroom bungalow offers a beautiful balance of comfort, functionality, and opportunity. The inviting open-concept living and dining area makes a memorable first impression, with soaring vaulted ceilings, a cozy wood-burning fireplace, and built-in speakers that set the scene for everything from quiet evenings to lively gatherings. A skylight fills the kitchen with natural light, complementing the granite countertops, gas range, and clever storage solutions. Tucked away at the rear of the home, two comfortable bedrooms provide a sense of privacy, while remaining connected to the main living spaces. A bathroom and convenient main-floor laundry complete this level. Accessible from both the main floor and its own separate entrance, the expansive lower-level suite features a kitchen, living and dining areas, bedroom, bathroom, and laundry. Ideal for extended family or multigenerational living, with potential for future rental use. Outside, there's just as much to love. Perched on an elevated corner lot with gently sloping borders, the property presents wonderful possibilities for gardens and creative landscaping. An oversized, freshly painted front deck with new awnings offers the perfect place to unwind, while the private, fully fenced backyard is an inviting retreat for relaxing or entertaining. An attached garage, a rare find among bungalows in the neighbourhood, brings added practicality alongside a two-car driveway, while a new roof provides peace of mind. Ideally located near schools, parks, and local amenities, with the beautiful waterfront trails of Humber Bay Shores just minutes away and easy access to major highways and downtown Toronto. Whether you're looking to put down roots, accommodate family, or explore the property's endless future possibilities, this lovingly maintained home is ready for its next chapter.
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Listing History
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,062
- Property tax
- $395
- Heat allowance
- $150
- Housing costs
- $5,607 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,162 / mo
- Cash down
- $197,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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