$989,000 - 16 Smithfield Drive, Corso Italia
Detached for Sale in Corso Italia
New — Listed yesterdayNeighbourhood: Stonegate-Queensway
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- MLS Number
- W14108726
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Taxes (2025)
- $4,743
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
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.
Estimate your monthly payments for this property
Estimated Payment
$5,074.08/mo
Includes CMHC insurance ($27,593)
5-yr fixed avg.
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.
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
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.
16 Smithfield Drive, Corso Italia / Dufferin Grove
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1413/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.
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.
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.
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.