16 Delroy Drive, Toronto W07

Price: $999,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W14095052

Rare Opportunity! Country Living In The City On A Spectacular Ravine Lot! Nestled In The Highly Sought-After Stonegate-Queensway Enclave (Royal York/The Queensway), This Detached Bungalow Is A Dream Find For Entertainment Enthusiasts, Downsizers, Savvy Investors, & Custom Builders Alike. Experience Total Tranquility On An Incredible 33.6 X 216-Foot Deep Lot Featuring Premium Privacy, Lush, Mature Trees, & A Peaceful Backyard Oasis Backing Directly Onto The Ravine. Deceptively Spacious & Beautifully Sunny, This "Good Vibe" Home Features A Versatile And Spacious 2+1 Bedrooms & 2 Washrooms Layout. Escape To The Enormous Stunning Principal Bedroom (Formerly Two Bedrooms), W/ Breathtaking Views Of Your Mature Ravine Garden, 2 Large Entertainment Decks, & A Fully Fenced Yard Designed For Hosting Or Serene Relaxation. There Is An Additional Cabana, Previously A Potters Shed, Now A Bar And Entertainment Area. The Lower Level Offers Absolute Peace Of Mind & Excellent Functional Flexibility. Boasting A Convenient Separate Side Entrance, The Expansive Finished Basement Includes A Third Bedroom, A Generous Family Room & A Dedicated Bar Area-Ideal For Hosting Epic Movie Nights, Large Parties, A Children's Play Space, Or Acting As An Optimal Private Guest Suite. Parking Is Effortless W/1-Car Detached Garage Plus An Additional Parking Space Right In Front. Enjoy A Serene Country Vibe While Remaining Steps Away From Urban Amenities. This Home Sits Just Steps From Jeff Healey Park, Excellent Transit, The Gardiner Expressway, Costco, & Upscale Shopping At Sherway Gardens. Families Will Also Benefit From Being Incredibly Close 2 Wonderful Toronto Schools, Including The Prestigious Etobicoke School Of The Arts & Karen Kain School Of The Arts. Move Right In, Build Your Architectural Masterpiece, Or Collect Premium Rental Income-This Exceptional Property Truly Has It All! *Other Is Bar Area

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active
New Listing

$999,000 - 16 Delroy Drive, Corso Italia

Detached for Sale in Corso Italia

New — Listed 4 days ago

Neighbourhood: Stonegate-Queensway

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W14095052
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Taxes (2026)
$5,847
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Description

Rare Opportunity! Country Living In The City On A Spectacular Ravine Lot! Nestled In The Highly Sought-After Stonegate-Queensway Enclave (Royal York/The Queensway), This Detached Bungalow Is A Dream Find For Entertainment Enthusiasts, Downsizers, Savvy Investors, & Custom Builders Alike. Experience Total Tranquility On An Incredible 33.6 X 216-Foot Deep Lot Featuring Premium Privacy, Lush, Mature Trees, & A Peaceful Backyard Oasis Backing Directly Onto The Ravine. Deceptively Spacious & Beautifully Sunny, This "Good Vibe" Home Features A Versatile And Spacious 2+1 Bedrooms & 2 Washrooms Layout. Escape To The Enormous Stunning Principal Bedroom (Formerly Two Bedrooms), W/ Breathtaking Views Of Your Mature Ravine Garden, 2 Large Entertainment Decks, & A Fully Fenced Yard Designed For Hosting Or Serene Relaxation. There Is An Additional Cabana, Previously A Potters Shed, Now A Bar And Entertainment Area. The Lower Level Offers Absolute Peace Of Mind & Excellent Functional Flexibility. Boasting A Convenient Separate Side Entrance, The Expansive Finished Basement Includes A Third Bedroom, A Generous Family Room & A Dedicated Bar Area-Ideal For Hosting Epic Movie Nights, Large Parties, A Children's Play Space, Or Acting As An Optimal Private Guest Suite. Parking Is Effortless W/1-Car Detached Garage Plus An Additional Parking Space Right In Front. Enjoy A Serene Country Vibe While Remaining Steps Away From Urban Amenities. This Home Sits Just Steps From Jeff Healey Park, Excellent Transit, The Gardiner Expressway, Costco, & Upscale Shopping At Sherway Gardens. Families Will Also Benefit From Being Incredibly Close 2 Wonderful Toronto Schools, Including The Prestigious Etobicoke School Of The Arts & Karen Kain School Of The Arts. Move Right In, Build Your Architectural Masterpiece, Or Collect Premium Rental Income-This Exceptional Property Truly Has It All! *Other Is Bar Area

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Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

$
$
5%10%50%

5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

16 Delroy Drive, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,884

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

Fair Market Value

At $908/sqft, this property is priced in line with current Corso Italia market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

Investment Perspective

Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    16 Delroy Drive | $999,000 | Battaglia Team