$1,249,000 - 64 Old Mill Terrace Unit 3, Corso Italia
Condo for Sale in Corso Italia
Neighbourhood: Stonegate-Queensway
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- MLS Number
- W13811408
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Taxes (2026)
- $5,532
- Maintenance Fees
- $920/mo
- Locker
- None
- Exposure
- North South
- Balcony
- Juliette
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Nestled in prestigious Old Mill, this thoughtfully renovated townhome is in the catchment for top-rated Lambton-Kingsway Junior Middle School, Rosethorn Junior School (French Immersion) and Our Lady of Sorrows Catholic School. Enjoy an easy subway commute to downtown and the tranquil Humber Valley Trail just steps away. 5-minute walk to Old Mill Subway Station. 20 minutes to downtown by car or subway. 5-minute walk to Humber River Trail for walking and cycling. 10-minute drive to the lakeshore. High-end restaurants, bakeries and grocery stores within walking distance. Filled with natural light, the home features a south-facing chef's kitchen, powder room, cozy gas fireplace, and a walkout to a private treetop deck. A new roof and skylight (2023) add lasting peace of mind. The spacious primary bedroom on the 2nd floor features a spa-like ensuite with soaker tub, oversized glass shower, and custom-built double vanity with quartz countertop, plus a walk-through closet with custom built-ins. The 3rd floor offers two generous bedrooms and a well-appointed shared bathroom. A two-car built-in garage and additional backyard green space complete the home. A true turnkey home offering the perfect combination of functionality, convenience and nature, ideal for both commuters and families.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
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.
64 Old Mill Terrace Unit 3, 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
Fair Market Value
At $892/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.
Market Position
At 16 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $920/month fees should cover building insurance, common elements, and reserve contributions.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.