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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W14106112For SaleCondominium

407-935 Royal York Rd

Stonegate-Queensway, Toronto, Ontario M8Y 4H1

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407-935 Royal York Rd, Toronto, photo 1
Asking$1,699,000
Bedrooms
2+1
Bathrooms
2
Size
1,600–1,799sq ft
Per sq ft
$1,000at the range’s middle
Tax a year
$6,2462026 tax year
Parking
22 underground
Days on market
Members

The brief

About 407-935 Royal York Rd

407-935 Royal York Rd is a 2+1-bedroom, 2-bathroom condo in Stonegate-Queensway, Toronto, listed for sale at an asking price of $1,699,000 (MLS® W14106112).

An Exceptional Residence in the Heart of The Kingsway. A rare offering of remarkable scale and sophistication, this extraordinary 2+1 bedroom, 2-bathroom residence is one of the largest suites in this exclusive boutique building. Offering approximately 1,760 sqft of refined interior living space and an extraordinary 385 sqft south- facing terrace, the home delivers an exceptional blend of elegance, natural light and indoor outdoor living. A gracious gallery entrance, finished in timeless black-and-white marble tile, sets an elegant tone upon arrival. Beyond, expansive wall-to-wall windows and skylights bathe the interiors in beautiful southern light throughout the day. Newly installed engineered hardwood floors bring warmth and continuity, while custom window coverings add a tailored finish. The beautifully updated eat-in kitchen combines style and functionality, featuring stainless steel appliances including refrigerator, stove, built-in dishwasher and microwave. Both bathrooms have been tastefully updated, including the private primary bedroom ensuite. The true showpiece is the spectacular south-facing terrace - an extraordinary 385 sqft of private outdoor space, perfectly suited to summer entertaining, al fresco dining or quiet afternoons in the sun. Ideally situated in the heart of The Kingsway, this exceptional residence is steps from the Royal York subway, distinguished schools, boutique shops, acclaimed restaurants and the neighborhood's celebrated amenities. A rare opportunity to enjoy the scale and comfort of a substantial home, paired with the convenience and sophistication of boutique condominium living.

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$7,114/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, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$6,246 / 2026
MLS® number
W14106112
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1600-1799 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTYData 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
Condo Apt
Style
Apartment
Community
Stonegate-Queensway
Municipality
Toronto

Building

Size
1600-1799 sqft
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 5pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Existing S/S Appliances: Fridge, Stove, B/I D/W, Microwave, Hood Vent. Washer/Dryer. Custom Window Coverings. Electric Light Fixtures.
Condo maint.
$2,442

Rooms

RoomSizeFeaturesLevel
Living5.18 × 6.21 mhardwood floor, Open Concept, W/O To TerraceFlat
Dining2.69 × 3.51 mhardwood floor, Combined W/Living, W/O To TerraceFlat
Kitchen5.47 × 2.49 mhardwood floor, Stainless Steel Appl, Eat-In KitchenFlat
Foyer3.23 × 1.96 mMarble Floor, Double Closet, Pot LightsFlat
Primary6.15 × 6.53 mhardwood floor, W/I Closet, 5 Pc EnsuiteFlat
Br5.5 × 3.04 mhardwood floor, W/I Closet, 4 Pc BathFlat
Den3.12 × 3.9 mSkylight, W/O To Terrace, South ViewFlat

Listing history

Buy/sell history for 407-935 Royal York Rd, 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$1,699,000N/AFor SaleW14106112

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $339,800

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
$339,800
Total mortgage amount
$1,359,200
Total interest payment
$966,400
Total purchase cost
$2,665,400
Mortgage payment
$7,752/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

93%

Monthly carrying cost

$10,714
−$7,114per month
  • Rent $3,600
  • Shortfall $7,114

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
$30,455
Toronto municipal land transfer tax
$30,455
Total land transfer tax
$60,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$52,435
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 $1,699,000
$25,980
Ontario total
$30,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,455.

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

Land and environment

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

18 records · 10 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 mGroundwater recorded about 1.4 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 15,170 sq ft37 building permits issued within 250 m in the last 2 years5 open development applications within 250 mNearest airport: 7.0 kmNearest rail line: 830 mA 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 30 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 m65 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 1.4 m below ground nearbyThe middle water level in the well records within 500 m (203 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity5

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 37 building permits issued within 250 m in the last 2 years250 m
  • 5 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 7.0 km7 km
  • Mapped parcel: about 15,170 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 · Municipal development applications · toronto.parcels

Around the home2

  • Nearest rail line: 830 m830 m
  • 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 Mylan Pharmaceuticals ULC — Mylan Canada - 85 Advance Rd location, 1.6 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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

By-law

See Former City of Etobicoke By-Law No. 11,737
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

1 building permit cleared at this address in the City’s file.

  • Fire AlarmClosed

    Fire alarm panel replacement

    Issued November 4, 2022

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

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

  • 2969 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed development of a 7 storey mixed use building, comprised of residential amenity and retail uses at grade and six storeys of residential.


    190 m away

  • 2961 X BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed development of a 7 storey mixed use building, comprised of residential amenity and retail uses at grade and six storeys of residential.


    210 m away

  • 2955-2961 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed development of a 7 storey mixed use building, comprised of residential amenity and retail uses at grade and six storeys of residential.


    220 m away

  • 2955-2961 BLOOR ST WSite planUnder Review

    INACTIVE Proposed 6-storey, mixed-use building with a 7th storey mechanical penthouse and amenity area. A total of 717 m2 of retail space is proposed at grade with 86 residential (rental) units above.


    220 m away

  • 2951 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed development of a 7 storey mixed use building, comprised of residential amenity and retail uses at grade and six storeys of residential.


    250 m away

  • 2947 BLOOR ST WOfficial plan or zoning amendmentUnder Review

    Proposed development of a 7 storey mixed use building, comprised of residential amenity and retail uses at grade and six storeys of residential.


    250 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

Condos for sale in Stonegate-Queensway right now

For sale now
27
Median asking price
$600K

Middle half: $509K to $816K

New in 7 days
5

13 in 28 days

Price cuts
19%

5 listings

This home is asking 183% above the median, higher 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
Royal York StationTTC subway: Line 2 Bloor-Danforth150 m
Islington StationTTC subway: Line 2 Bloor-Danforth1.1 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth1.3 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton2.3 km
Mount Dennis StationTTC light rail: Line 5 EglintonGO Transit train: KitchenerUP Express train5 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 and UP Express 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
Sunnylea Junior SchoolToronto DSBPublic · grades JK–5600 m96%Grade 3 average
Our Lady of Sorrows Catholic SchoolToronto CDSBCatholic · grades JK–8650 m89%Grade 6 average
Lambton Kingsway Junior Middle SchoolToronto DSBPublic · grades JK–81.3 km89%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.3 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke Collegiate InstituteToronto DSBPublic · grades 9–121 km73%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion1.5 km81%Grade 9 math
Etobicoke School of the ArtsToronto DSBPublic · grades 9–121.9 km68%Grade 9 math
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–125.7 km82%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