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New1 hour ago

16 Smithfield Drive

Stonegate-Queensway, Toronto

$989,000

Detached|Bungalow
2 | 2 | 3
About this home

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.

Extras

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nest zoom realty
(416) 276-9973

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$4,743
Lot Size30 ft x 110 ft
mls© NumberW14108726
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

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.

Down payment20% · $197,800
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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