MLS® listing
185 Stephen Drive 406: co-op apartment for sale
$439,000
From the listing brokerage
Tranquil Retreat with City Convenience - 185 Stephen Drive, Suite 406. Nestled in the established, tree-lined community of Stonegate-Queensway, Situated just north of The Queensway and steps from Berry Road, you are minutes away from Humber River trails, Etienne Brûlé Park, Lake Ontario waterfront parks, transit, Sherway Gardens, and immediate Gardiner/QEW highway access for a seamless commute. This bright and generously proportioned top-tier 1-bedroom co-op residence combines timeless charm, practical low-maintenance living, and exceptional value. Expansive, open-concept living area with classic parquet hardwood floors and sun-filled southeast exposure. Step out from your dining room onto an open balcony-perfect for morning coffee surrounded by mature trees and views toward the Humber River valley. Renovated Kitchen featuring warm wood cabinetry accented with earth-toned floor tiles and matching backsplash. A dedicated window for natural ventilation and light over the double stainless steel sink, and a pantry and pot drawers provide a functional layout. The king-sized primary bedroom makes for a sizable retreat (over 16 feet long) with a large picture window and mirrored double-closet storage.
Facts on the listing
| Square feet | 700-799 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Built-In |
| Heating | Radiant |
| Cooling | None |
| Kitchens | 1 |
| Maintenance fee | $824 |
| Property tax | $1,273 |
| Tax year | 2026 |
| Locker | Exclusive |
| Pets | Yes-with Restrictions |
| Exposure | South East |
| Fee includes | Heat Included, Cable TV Included, Common Elements Included, Condo Taxes Included, Water Included, Building Insurance Included |
| Balcony | Open |
| Laundry | Laundry Room |
| Interior features | Carpet Free, Intercom, Separate Hydro Meter, Storage Area Lockers |
| Floor | 4 |
Listing courtesy of RIGHT AT HOME REALTY. MLS® W13805312.
About this co-op apartment
185 Stephen Drive 406 is a 1 bedroom co-op apartment in TRREB's Stonegate-Queensway community in Toronto, listed for sale at $439,000. The listing shows 1 bathroom and 700-799 square feet. The style is given as apartment. The unit faces south east. It comes with 1 parking space, a built-in garage and a locker (exclusive) according to the listing. The nearest main intersection given is Stephen Drive and Berry Road.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 185 Stephen Drive 406
At the asking price of $439,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $439,000 |
|---|---|
| Ontario land transfer tax | $5,255 |
| Toronto municipal land transfer tax | $5,255 |
| Both taxes | $10,510 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $21,950 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $824 a month |
|---|---|
| Property tax (2026) | $1,273 a year, about $106 a month |
| Fee and tax together | about $930 a month |
The listing says the maintenance fee includes heat, cable tv, common elements, condo taxes, water and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$449,000319 Carlaw Avenue 406, Toronto, ON M4M 0A41 bedroom · 1 bathroom · Condo ApartmentListed by SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® E13877088
$409,8005500 Yonge Street 209, Toronto, ON M2N 7L11 bedroom · 1 bathroom · Condo ApartmentListed by REMAX YOUR COMMUNITY REALTY. MLS® C13738976
$375,00026 Gibbs Road 745, Toronto, ON M9B 0E31 bedroom · 1 bathroom · Condo ApartmentListed by CENTURY 21 LEADING EDGE REALTY INC.. MLS® W13875704
$409,90018 Graydon Hall Drive 2606, Toronto, ON M3A 2Z91 bedroom · 1 bathroom · Condo ApartmentListed by RE/MAX REALTRON REALTY INC.. MLS® C13753380
$518,00088 Harbour Street E 6703, Toronto, ON M5J 0C31 bedroom · 1 bathroom · Condo ApartmentListed by KW Living Realty. MLS® C13876588
$1,998,00020 Scrivener Square 716, Toronto, ON M4W 3X91 bedroom · 2 bathrooms · Condo ApartmentListed by SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® C13719788
Questions about 185 Stephen Drive 406
How much is land transfer tax on 185 Stephen Drive 406?
At the asking price of $439,000 the Ontario tax is $5,255 and the Toronto tax is $5,255, $10,510 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 185 Stephen Drive 406?
$21,950 at the asking price of $439,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 185 Stephen Drive 406?
The listing shows $824 a month, including heat, cable tv, common elements, condo taxes, water and building insurance. Check the current fee in the status certificate.
How much is the property tax on 185 Stephen Drive 406?
The listing shows $1,273 a year for 2026, about $106 a month.
How do I book a showing for 185 Stephen Drive 406?
Use the form on this page or call us. Quote MLS® W13805312. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 185 Stephen Drive 406 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.