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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14081242For SaleDetached

8 Smith Cres

Stonegate-Queensway, Toronto, Ontario M8Z 3X5

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8 Smith Cres, Toronto, photo 1
Asking$949,000
Bedrooms
2+1
Bathrooms
2
Size
700–1,100sq ft
Per sq ft
$1,054at the range’s middle
Lot
39.33 x 122 ft
Tax a year
$4,2362026 tax year
Built
51-99
Parking
2none
Days on market
Members

The brief

About 8 Smith Cres

8 Smith Cres is a 2+1-bedroom, 2-bathroom detached house in Stonegate-Queensway, Toronto, listed for sale at an asking price of $949,000 (MLS® W14081242).

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!

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,083/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 9 homes with 3 bedrooms for lease in Stonegate-Queensway right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,236 / 2026
MLS® number
W14081242
Board
TRREB MLS®
Property Type
Detached
Building Age
51-99
Days on market
Size
700-1100 sqft
Lot Size
39.33 x 122 ft
Listed on
Parking
None, 2 Parking
Listing brokerage: RE/MAX PROFESSIONALS INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
1 1/2 Storey
Community
Stonegate-Queensway
Municipality
Toronto

Building

Size
700-1100 sqft
Building Age
51-99
Construction
Concrete

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 3pc Bsmt
Basement Type
Full
Kitchens
1

Parking

Driveway
Mutual
Garage Type
None
Additional Parking
2
Total Parking
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
39.33 ft
Depth
122 ft
Lot Size
39.33 x 122 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
Fridge, stove, built in dishwasher, all light fixtures, carpet where laid, GB&E, A/C. Roof approx 5 years old. Shed with hydro. Home Inspection Available.

Rooms

RoomSizeFeaturesLevel
Kitchen2.25 × 3.8 mB/I DishwasherMain
Living3.43 × 5.03 mhardwood floor, Picture WindowMain
Dining3.3 × 5.03 mhardwood floor, Picture Window, O/Looks GardenMain
Primary3.09 × 4.06 mhardwood floor, Closet, O/Looks ParkUpper
2nd Br2.79 × 4.06 mHardwood FloorUpper
Family2.98 × 4.75 mWindowLower

Listing history

Buy/sell history for 8 Smith Cres, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$949,000N/AFor SaleW14081242

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $189,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$189,800
Total mortgage amount
$759,200
Total interest payment
$539,800
Total purchase cost
$1,488,800
Mortgage payment
$4,330/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

40%

Monthly carrying cost

$4,683
−$1,083per month
  • Rent $3,600
  • Shortfall $1,083

Rental income opens at $3,600, the median asking rent of 9 comparable homes for lease in Stonegate-Queensway. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Total land transfer tax
$30,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$22,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $949,000
$10,980
Ontario total
$15,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $15,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
4,798 sq ft446 m²
Street frontage
39.33 ft12 m
Depth
122 ft37.2 m
39.33 × 122 ftSMITH CRES

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 8 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mBedrock about 2.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 3,960 sq ft42 building permits issued within 250 m in the last 2 yearsNearest airport: 8.2 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m24 test or monitoring holes also recorded.250 m
  • Bedrock about 2.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 42 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 8.2 km8.2 km
  • Mapped parcel: about 3,960 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Reynolds Consumer Products Canada Inc. — Mississauga Plant, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RD (f13.5; a510; d0.45)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f13.5

    Frontage: at least 13.5 m.

  2. 2 a510

    Lot area: at least 510 m² per dwelling unit.

  3. 3 d0.45

    Density: floor area is capped at 0.45 times the lot area.

  4. 4 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013

  5. 5 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 15 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    360 m away

  • 5 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    370 m away

  • 3 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    390 m away

  • 875 THE QUEENSWAYSite planApplication Received


    410 m away

  • 522 ROYAL YORK RDOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    410 m away

  • 2 QUEEN ELIZABETH BLVDOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    410 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Detached homes for sale in Stonegate-Queensway right now

For sale now
61
Median asking price
$1.68M

Middle half: $1.28M to $2.25M

New in 7 days
8

33 in 28 days

Price cuts
13%

8 listings

This home is asking 43% below the median, lower than three quarters of them.

See all homes in Stonegate-Queensway

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West1.3 km
Royal York StationTTC subway: Line 2 Bloor-Danforth2.5 km
Islington StationTTC subway: Line 2 Bloor-Danforth2.5 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton2.7 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Louis Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion450 m75%Grade 6 average
Castlebar Junior SchoolToronto DSBPublic · grades JK–5800 m82%Grade 3 average
George R Gauld Junior SchoolToronto DSBPublic · grades JK–5900 m73%Grade 3 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.1 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke School of the ArtsToronto DSBPublic · grades 9–12600 m68%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion900 m81%Grade 9 math
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.9 km42%Grade 9 math
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.1 km69%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Stonegate-Queensway are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record