MLS® listing
424 The Kingsway: detached house for sale
$1,978,000


















































From the listing brokerage
Welcome to 424 The Kingsway, an impressive, oversized ranch bungalow on an exceptional 79.23 x 133 south-facing lot in prestigious Princess Anne Manor! Well-maintained and move-in ready, this wonderful residence offers 3+1 bedrooms, 3 full bathrooms, grand principal rooms and an expansive finished lower level. The spacious main level includes a welcoming foyer with tile floors, crown moulding and a mirrored double coat closet, an expansive L-shaped living and dining room with hardwood floors, crown moulding, a wood-burning fireplace with stone surround, a massive picture window overlooking the front yard as well as a convenient walkout to the rear deck, an updated eat-in kitchen with tile floors, granite counters, stainless steel appliances, a double sink and plenty of cabinet space, an adjoining breakfast area with a large picture window overlooking the backyard and a walkout to the patio, three well-proportioned bedrooms with hardwood floors including a primary bedroom with a 3-piece ensuite, and a modern 4-piece family bathroom. The finished lower level offers a massive recreation room with hardwood floors, built-ins and a second wood-burning fireplace, an additional bedroom, a 3-piece bathroom, laundry room, a utility room and ample storage. Outside, the extra-wide, fully fenced south-facing backyard is beautifully framed by mature trees and shrubs, with a deck, patio and sweeping lawn providing space for children and pets to play, gardening and entertaining. An attached 2-car garage and wide private double driveway provide parking for 8 cars. Ideally located in central Etobicoke close to Princess Anne Park, Princess Margaret Park, St. George's Golf Club, Islington Golf Club, shopping at Thorncrest Plaza, Humbertown and Richview Plaza, excellent schools including St. Georges JS, John G Althouse MS and St. Gregory, TTC, Hwys 401/427 and Pearson Airport. A desirable bungalow on an extraordinary 79' wide property in the heart of Princess Anne Manor!
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Style | Bungalow |
| Basement | Finished, Full |
| Lot width | 79.23 |
| Lot depth | 133 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 8 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $8,861 |
| Tax year | 2025 |
| Parking | Private Double |
| Interior features | Water Heater, Storage, Carpet Free, Primary Bedroom - Main Floor |
| Features | Fenced Yard, Park, Public Transit, School, Golf, Library |
Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS® W13873252.
About this detached house
424 The Kingsway is a 4 bedroom detached house in TRREB's Princess-Rosethorn community in Toronto, listed for sale at $1,978,000. The listing shows 3 bathrooms and 1500-2000 square feet. The style is given as bungalow. The lot is listed as 79.23 by 133 feet. The listing gives the basement as finished, full. It comes with 8 parking spaces and an attached garage according to the listing. The nearest main intersection given is The Kingsway and Twyford Road.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 424 The Kingsway
At the asking price of $1,978,000, 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 | $1,978,000 |
|---|---|
| Ontario land transfer tax | $36,035 |
| Toronto municipal land transfer tax | $36,035 |
| Both taxes | $72,070 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $395,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. 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
| Property tax (2025) | $8,861 a year, about $738 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,978,000, which is $808,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 79.23 by 133 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs 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 street and the homes beside it.
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
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Questions about 424 The Kingsway
How much is land transfer tax on 424 The Kingsway?
At the asking price of $1,978,000 the Ontario tax is $36,035 and the Toronto tax is $36,035, $72,070 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 424 The Kingsway?
$395,600 at the asking price of $1,978,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 424 The Kingsway?
The listing shows $8,861 a year for 2025, about $738 a month.
Is 424 The Kingsway priced above or below the median?
It is listed at $1,978,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $808,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 424 The Kingsway?
Use the form on this page or call us. Quote MLS® W13873252. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 424 The Kingsway 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.
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