MLS® listing
16 Smithfield Drive: detached house for sale
$989,000
From the listing brokerage
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.
Facts on the listing
| Square feet | 700-1100 |
|---|---|
| Approximate age | 51-99 |
| Style | Bungalow |
| Basement | Separate Entrance, Finished, Full |
| Lot width | 30 |
| Lot depth | 110 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 3 |
| Garage | Attached |
| Heating | Water |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $4,743 |
| Tax year | 2025 |
| Parking | Private |
| Interior features | Carpet Free, Central Vacuum, Guest Accommodations, In-Law Suite, Primary Bedroom - Main Floor, Storage, Water Heater Owned |
| Features | Library, Park, Public Transit, School, Waterfront, Rec./Commun.Centre |
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS® W14108726.
About this detached house
16 Smithfield Drive is a 3 bedroom detached house in TRREB's Stonegate-Queensway community in Toronto, listed for sale at $989,000. The listing shows 2 bathrooms and 700-1100 square feet. The style is given as bungalow. The lot is listed as 30 by 110 feet. The listing gives the basement as separate entrance, finished, full. It comes with 3 parking spaces and an attached garage according to the listing. The nearest main intersection given is Ringley Ave & Smithfield Dr.. The age is listed as 51-99 years.
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 16 Smithfield Drive
At the asking price of $989,000, 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 | $989,000 |
|---|---|
| Ontario land transfer tax | $16,255 |
| Toronto municipal land transfer tax | $16,255 |
| Both taxes | $32,510 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $73,900 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. 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) | $4,743 a year, about $395 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 $989,000, which is $181,000 below 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 water.
- 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, 30 by 110 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- 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. 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 16 Smithfield Drive
How much is land transfer tax on 16 Smithfield Drive?
At the asking price of $989,000 the Ontario tax is $16,255 and the Toronto tax is $16,255, $32,510 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 16 Smithfield Drive?
$73,900 at the asking price of $989,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 16 Smithfield Drive?
The listing shows $4,743 a year for 2025, about $395 a month.
Is 16 Smithfield Drive priced above or below the median?
It is listed at $989,000. 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 $181,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 16 Smithfield Drive?
Use the form on this page or call us. Quote MLS® W14108726. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 16 Smithfield Drive 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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