Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
A detached house in Stonegate-Queensway (TRREB W07) sold for a median of $1,548,000 from January to October 2026, up 6.8% from 2025 but below 2024. Most homes are older detached houses with three or more bedrooms. At that price you need 20% down, and October homes sold in 14 days on average.
This guide is for buyers looking at houses in Stonegate-Queensway, the Etobicoke neighbourhood around the east end of The Queensway, and for owners who want to know what their house is worth going into 2027. You will get three years of TRREB prices, what the housing stock is really like, the cash you need to buy, and what to check before you make an offer.
How much does a house cost in Stonegate-Queensway in 2026?
The median detached house in Stonegate-Queensway sold for $1,548,000 from January to October 2026. That figure comes from TRREB district W07, which is made up of one community, Stonegate-Queensway. There were 140 detached sales in those ten months, and they sold in 19 days on average.
Other house types are rare here. Freehold townhouses had a median of $1,190,000 on only 13 sales, and there were just two semi-detached sales. For most buyers, “a house in Stonegate” means a detached house.
TRREB’s benchmark price, which tracks a typical home rather than whatever happened to sell, was $1,516,200 for a W07 detached house in October 2026, up 0.8% from a year earlier.
Are Stonegate-Queensway house prices going up or down?
They rose in 2026 after a drop in 2025, which made W07 one of the stronger detached markets in Toronto this year.
| W07 detached, Jan–Oct | 2024 | 2025 | 2026 |
|---|---|---|---|
| Median sold price | $1,655,000 | $1,450,000 | $1,548,000 |
| Number of sales | 141 | 139 | 140 |
| Average days on market | 15 | 19 | 19 |
| Active listings at end of October | 47 | 41 | 61 |
Source: TRREB MLS data via REALM, detached homes in Toronto W07 (Stonegate-Queensway), January–October 2024, 2025 and 2026. Median 2026 vs 2025: +6.8%. Not a forecast.
Two cautions. The 2026 median is still about 6% below 2024. And the number of homes for sale rose to 61 at the end of October 2026, up from 41 a year earlier, so buyers have more choice than they did last year.
Month by month, the median jumps around because only 15 to 20 houses sell. In September 2026, 17 detached homes sold at a median of $1,718,000. In October, 17 sold at a median of $1,330,000. That is a difference in which houses sold, not a crash. Use the ten-month figure as your guide, then price a specific house against its own street.
What kind of houses will you find in Stonegate-Queensway?
Mostly older, detached, family-sized homes. The City of Toronto’s 2021 Census profile for its Stonegate-Queensway neighbourhood counted 10,515 occupied homes:
- Single-detached houses: 5,810, or about 55% of all homes.
- Built in 1960 or before: 5,780 homes, about 55%. Another 2,275 were built from 1961 to 1980.
- Bedrooms: 3,220 homes had three bedrooms and 2,390 had four or more.
- Ownership: 6,605 households owned their home, and about half of those owners had a mortgage.
Source: City of Toronto Neighbourhood Profiles, 2021 Census (25% sample data), Stonegate-Queensway neighbourhood. The City’s neighbourhood boundary is not identical to TRREB’s W07 district.
In practice, buyers here are usually choosing between an original post-war house that needs updating, a renovated original, and a newer custom rebuild on an older lot. Those three can sell for very different prices on the same street. For more on the area’s streets, schools and character, see my M8Y and M8Z guide to Stonegate-Queensway.
How much money do you need to buy a Stonegate-Queensway house?
More than many buyers expect, because the typical house now sits above $1.5 million. At $1.5 million or more, a buyer must put down at least 20% and cannot use an insured (CMHC-type) mortgage.
| Purchase price | Minimum down payment | Ontario + Toronto land transfer tax | Cash before legal fees |
|---|---|---|---|
| $1,330,000 (October 2026 W07 median) | $108,000 | $46,150 | About $154,150 |
| $1,548,000 (Jan–Oct 2026 W07 median) | $309,600 | $54,870 | About $364,470 |
Source: my arithmetic using TRREB data via REALM and Market Watch (October 2026), federal minimum down payment rules, and the Ontario and City of Toronto land transfer tax rates, before first-time buyer rebates.
The monthly payment is large too. By my arithmetic, borrowing 80% of $1,548,000 at an illustrative 4.5% rate over 25 years costs about $6,854 a month before property tax, insurance and utilities. Your lender will test whether you qualify at a higher rate under the federal stress test. First-time buyers can get back up to $4,000 of the Ontario land transfer tax and up to $4,475 of the Toronto tax, which helps, but it does not change the 20% down payment rule.
Property tax is the other ongoing cost. Toronto’s 2026 total residential tax rate is 0.767311% of your property’s assessed value. MPAC says 2026 assessments are still based on January 1, 2016 values, so your tax bill is based on that older value, not today’s price. As a rough guide, every $1,000,000 of assessed value means about $7,673 a year in 2026 property tax. The 2027 rate has not been set yet; Toronto sets it with its budget early in the year.
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How fast do houses sell in Stonegate-Queensway?
Quickly, when they are priced well. In October 2026, W07 detached homes sold in 14 days on average and at 101% of the asking price, according to TRREB’s Market Watch. That was faster than every other Etobicoke district that month. With 61 detached homes listed at the end of October and about 14 selling a month in 2026, W07 had roughly four months of supply. That is a balanced market, not a seller’s market.
Here is how W07 compares with the rest of Etobicoke for detached homes:
| District | Median 2026 | Change vs 2025 | Oct 2026 avg days on market | Oct 2026 sale-to-list |
|---|---|---|---|---|
| W06 (lakeshore) | $1,179,000 | +1.6% | 22 | 98% |
| W07 (Stonegate-Queensway) | $1,548,000 | +6.8% | 14 | 101% |
| W08 (central Etobicoke) | $1,540,000 | -7.8% | 21 | 97% |
| W09 (Humber Heights, Richview) | $1,135,000 | -6.2% | 25 | 98% |
| W10 (north Etobicoke) | $870,000 | -8.4% | 32 | 96% |
Source: TRREB MLS data via REALM (detached medians, January–October 2026 vs 2025) and TRREB Market Watch, October 2026 (detached, days on market and average sale-to-list price ratio). Not a forecast.
Can you add a garden suite or extra units to a Stonegate house?
Often yes, but check the zoning first. Toronto permits multiplexes of up to four units across the whole city. Six-unit buildings are allowed only in certain areas, which do not include Etobicoke as of November 2026.
Garden suites are allowed on many residential lots, but the City says its garden suite by-law does not apply to properties still zoned under former municipal codes, such as the old Etobicoke Zoning Code. Some Stonegate lots may fall into that group. Ask the City or a planner which by-law applies to your address before you pay for a lot because of its “garden suite potential”. My guide to basement units, garden suites and multiplexes in Etobicoke covers the steps.
What should you check before buying an older Stonegate house?
- A full home inspection. With more than half the homes built before 1961, look closely at the electrical system, plumbing, roof, foundation and drainage. My checklist for 1950s and 1960s Etobicoke homes lists what inspectors flag most.
- Basement flooding protection. Ask whether the house has a backwater valve and sump pump. Toronto’s Basement Flooding Protection Subsidy pays up to 80% of eligible costs, to a maximum of $6,650 per property, for work done on or after November 12, 2025.
- The school boundary. Use the TDSB’s Find Your School tool for the exact address. Boundaries can change, and a listing is not a guarantee.
- What is planned nearby. Homes close to The Queensway may see years of nearby construction from the Gardiner repairs, the approved bike lanes and large redevelopment sites.
- Permits for past renovations. On a renovated house, ask for permits and final inspections for the additions and basement work.
Because W07 is a small market, one month’s median can be off by hundreds of thousands of dollars. Do not set your offer, or your asking price, from a single month’s TRREB number or an online estimate. Use sales of similar houses on the same and nearby streets from the last six to twelve months, adjusted for lot size, condition and updates.
Is a Stonegate-Queensway house a good buy in 2027?
It suits families who want a detached house close to the Humber River with quick Gardiner access to downtown, and who can handle a price above $1.5 million. It also suits buyers who want an older house on a usable lot to renovate over time. It is a harder fit if you need rapid transit at your door or want something under $1.2 million, where W06, W09 and W10 offer more choice.
This is my cautious view, not a forecast. Stonegate-Queensway houses held up better than most of Toronto in 2026, so I would not wait for a big discount here in 2027. What I would do is take advantage of the extra listings. With 61 houses for sale at the end of October, you can compare, inspect properly and negotiate on condition. If you are selling, price to the 2026 numbers and present the house well, because the houses that sold fastest this year were priced right from day one.
What to do next
- Get a mortgage pre-approval that reflects the 20% down payment needed above $1.5 million.
- Pull six to twelve months of sold houses on the streets you like, not just the district median.
- Book a full inspection and ask about flooding protection on every older house you are serious about.
- Confirm the school boundary and the zoning by-law for the exact address.
- If you own in Stonegate now, get an estimate of your home’s value before you decide to sell or renovate. My Etobicoke home value guide explains how I price a house.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
How much is a house in Stonegate-Queensway?
The median detached house in Stonegate-Queensway (TRREB district W07) sold for $1,548,000 from January to October 2026, based on 140 sales, according to TRREB MLS data via REALM. That was up 6.8% from the same period of 2025 but still below the 2024 median of $1,655,000. Freehold townhouses had a median of $1,190,000 on only 13 sales.
What is the average price of a bungalow in Stonegate, Etobicoke?
TRREB does not publish a separate bungalow price for Stonegate-Queensway. The closest figure is the W07 detached median of $1,548,000 for January to October 2026, which mixes original bungalows, two-storey homes and new rebuilds. An original bungalow that needs work and a new rebuild on the same street can sell far apart, so compare recent sales of similar houses nearby.
Are house prices going up in Stonegate-Queensway in 2027?
No one can promise that. In 2026, the W07 detached median rose 6.8% and TRREB’s October 2026 benchmark was up 0.8% year over year, so prices have been steady. Listings also rose to 61 at the end of October 2026 from 41 a year earlier. With the Bank of Canada raising rates in October 2026, a flat to modest year is a reasonable expectation.
How long does it take to sell a house in Stonegate-Queensway?
Fast when they are priced well. In October 2026, detached homes in TRREB district W07 (Stonegate-Queensway) sold in 14 days on average at 101% of the asking price, according to TRREB’s Market Watch. Over January to October 2026, the average was 19 days. Houses priced above recent street sales usually take longer and often sell after a price cut.
How much down payment do I need for a house in Stonegate-Queensway?
At the 2026 W07 detached median of $1,548,000, you need at least 20% down, or $309,600, because homes at $1.5 million or more cannot use an insured mortgage. At $1,330,000, the minimum is $108,000. In Toronto you also pay both Ontario and Toronto land transfer tax, about $46,000 to $55,000 at those prices before rebates.
How old are the houses in Stonegate-Queensway?
Most are older. In the City of Toronto’s 2021 Census profile for the Stonegate-Queensway neighbourhood, about 55% of the 10,515 occupied homes were built in 1960 or before, and another 2,275 were built between 1961 and 1980. About 55% of all homes were single-detached houses, and most had three or more bedrooms.
What are property taxes on a Stonegate-Queensway house?
Toronto’s 2026 total residential property tax rate is 0.767311% of your MPAC assessed value, which is still based on January 1, 2016 values. That works out to about $7,673 a year for every $1,000,000 of assessed value. Your actual bill depends on your home’s assessment. The 2027 rate will be set with Toronto’s 2027 budget early in the year.
Can I build a garden suite in Stonegate-Queensway?
Possibly, but it depends on your lot’s zoning. Toronto’s garden suite by-law applies to many residential lots, but the City says it does not apply to properties still zoned under former codes such as the old Etobicoke Zoning Code. Fourplexes are permitted city-wide. Check with Toronto Building or a planner which by-law covers your address before you plan or buy.
How many houses are for sale in Stonegate-Queensway?
At the end of October 2026 there were 61 detached houses listed in TRREB district W07 (Stonegate-Queensway), up from 41 a year earlier, according to TRREB MLS data via REALM. About 14 detached houses sold there each month in 2026, which works out to roughly four months of supply. That is a balanced market where buyers can compare and negotiate.
Sources
- TRREB Market Watch, October 2026
- City of Toronto Open Data: Neighbourhood Profiles (2021 Census)
- City of Toronto: 2026 property tax rates
- MPAC: The assessment cycle
- Ontario: Calculating land transfer tax
- City of Toronto: Municipal land transfer tax rates and fees
- City of Toronto: Garden suites
- City of Toronto: Basement Flooding Protection Subsidy Program
Related reading
- The Queensway Housing Market in 2027: Condo and House Prices
- Should You Buy a Condo on the Queensway in 2027?
- Selling a Condo on the Queensway in 2027: Pricing and Timing
- Renting on the Queensway in 2027: Condo Rents and Where to Look
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.