7 Allison Drive, Toronto W07

Price: $1,299,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13803626

LOCATION!!! The one thing you can't renovate. And this is a good one. 7 Allison Drive is tucked into a quiet, established pocket of Stonegate-Queensway, surrounded by parks, schools, recreation and the community pool. It's a neighbourhood with a real sense of community, while still being close to everything you need. 24HR transit, GO train, The Kingsway, and Bloor West Village are all nearby. Then there's the house. This detached bungalow offers 2 bedrooms on the main floor plus a versatile office with walk-out (can be converted to an extra bedroom) and an updated 4-piece bathroom. Above the garage, an oversized room adds even more flexibility - 3rd bedroom, studio, guest space or retreat. The bright living room features a large picture window, while the updated kitchen and adjoining dining area create an inviting space for everyday life. Downstairs, the finished lower level adds another bedroom, 3-piece bathroom, recreation room, and a separate entrance - giving you room for guests, hobbies, work or simply spreading out. Outside, the 45 117.5 ft lot, level fenced yard, attached garage and 4-car parking give you something that's getting harder to find in Toronto... SPACE!!! A great location. A great lot. A home with endless possibilities.

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active
New Listing

$1,299,900 - 7 Allison Drive, Corso Italia

Detached for Sale in Corso Italia

New — Listed 3 days ago

Neighbourhood: Stonegate-Queensway

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13803626
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

LOCATION!!! The one thing you can't renovate. And this is a good one. 7 Allison Drive is tucked into a quiet, established pocket of Stonegate-Queensway, surrounded by parks, schools, recreation and the community pool. It's a neighbourhood with a real sense of community, while still being close to everything you need. 24HR transit, GO train, The Kingsway, and Bloor West Village are all nearby. Then there's the house. This detached bungalow offers 2 bedrooms on the main floor plus a versatile office with walk-out (can be converted to an extra bedroom) and an updated 4-piece bathroom. Above the garage, an oversized room adds even more flexibility - 3rd bedroom, studio, guest space or retreat. The bright living room features a large picture window, while the updated kitchen and adjoining dining area create an inviting space for everyday life. Downstairs, the finished lower level adds another bedroom, 3-piece bathroom, recreation room, and a separate entrance - giving you room for guests, hobbies, work or simply spreading out. Outside, the 45 117.5 ft lot, level fenced yard, attached garage and 4-car parking give you something that's getting harder to find in Toronto... SPACE!!! A great location. A great lot. A home with endless possibilities.

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Estimated Payment

$5,749.90/mo

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5-yr fixed avg.

Principal: $1,039,920Interest: $685,049
Mortgage Amount$1,039,920
Total Interest$685,049
Est. Property Tax$921/mo
Total Cost$1,724,969

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

7 Allison Drive, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$921
Insurance (est.)-$271
Net Cash Flow+$2,008

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 $1182/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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Corso Italia. Good resale value as demand remains consistent.

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 $5,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    7 Allison Drive | $1,299,900 | Battaglia Team