1 McCallum Court, Toronto W07

Price: $879,000

5 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13545832

An exceptional opportunity in a prime Etobicoke location, ideal for investors, builders, and renovators looking to unlock serious upside. Situated on a prominent corner lot, this property offers outstanding exposure and flexibility for future redevelopment, making it a rare find in a neighborhood where new custom homes are continuously reshaping the streetscape. Whether you're looking to renovate, rebuild, or hold as a long-term investment, the potential here is undeniable. The lot's positioning provides added design possibilities and curb appeal for a future project, while the surrounding area continues to see strong demand and growth. Located close to top-rated schools, parks, shopping, transit, and major highways, this is a strategic acquisition in a well-established, family-friendly community. A true value-add opportunity with long-term upside in one of Etobicoke's most desirable pockets.

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$879,000 - 1 McCallum Court, Corso Italia

Detached for Sale in Corso Italia

45 days on market

Neighbourhood: Stonegate-Queensway

5Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13545832
Property Type
Detached
Status
active
Days on Site
45
Bedrooms
5
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
ORION PLATINUM REALTY
Description

An exceptional opportunity in a prime Etobicoke location, ideal for investors, builders, and renovators looking to unlock serious upside. Situated on a prominent corner lot, this property offers outstanding exposure and flexibility for future redevelopment, making it a rare find in a neighborhood where new custom homes are continuously reshaping the streetscape. Whether you're looking to renovate, rebuild, or hold as a long-term investment, the potential here is undeniable. The lot's positioning provides added design possibilities and curb appeal for a future project, while the surrounding area continues to see strong demand and growth. Located close to top-rated schools, parks, shopping, transit, and major highways, this is a strategic acquisition in a well-established, family-friendly community. A true value-add opportunity with long-term upside in one of Etobicoke's most desirable pockets.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,509.73/mo

Includes CMHC insurance ($24,524)

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5%10%50%

5-yr fixed avg.

Principal: $791,100Interest: $537,294
Mortgage Amount$815,624
Total Interest$537,294
Est. Property Tax$623/mo
Total Cost$1,352,918

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Stonegate-Queensway

Discover Stonegate-Queensway

Stonegate-Queensway is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Stonegate-Queensway

  • Convenient location in Corso Italia / Dufferin Grove
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Stonegate-Queensway offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 McCallum Court, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$2,794

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1256/sqft, this property is priced above the Corso Italia average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Corso Italia.

About Stonegate-Queensway

I know Stonegate-Queensway well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1 McCallum Court | $879,000 | Battaglia Team