7 Chimes Lane, Toronto, ON

$1,300,000
MLS#:W12460698
3 beds
4 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Stonegate-Queensway. Expertly crafted featuring premium brick veneer and stone construction, this residence presents an exceptional opportunity offered at $1,300,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 19.88 x 55.09 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Not your typical townhouse. Chimes hits all the right notes. With its extra-wide floor plan, generous square footage (2,391 total), and abundant living space, this executive freehold townhouse feels more like a detached home than anything else. Beautifully updated with over $140,000 in owner updates, the interiors are equal parts polished and practical - big sunny windows, thoughtfully designed closet built-ins, and freshly renovated washrooms (two of the four!) make everyday living feel elevated. Bask in the luxuries of wood flooring throughout, popcorn free ceilings everywhere and ample pot lights. The open-concept kitchen, dining and living level is ideal for gatherings - wide, bright, and inviting - with a centre island, new appliances and a walkout to your west-facing deck complete with gas line for never-ending-summer BBQs. Upstairs, a king-sized primary retreat offers two closets and a spa-inspired ensuite, while two additional bedrooms keep family or guests comfortably close. A main floor den doubles beautifully as a home office or fourth bedroom, and the finished lower level adds that rarely found, extra living space you'll wonder how you ever lived without. A low-maintenance lifestyle awaits - with a double car garage and direct entry, you'll unload groceries (and kids) straight into the main level, rain or shine. And forget about shovels or lawn mowers - a modest monthly fee takes care of it all! Fall in love with this well-managed community with kind neighbours, visitor parking, and a park and playground just around the corner to round out the wish list. Perfectly positioned in South Etobicoke only moments to the charming shops and restaurants on The Queensway, plus GO Train, Sherway Gardens, Waterfront Trail in Mimico, groceries, library and all the highways and byways.

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Key Features

Bedrooms
3
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 13, 2025
Sold price information is available to members only
Listed Date10/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick Veneer, Stone
BasementFinished
Lot Size19.88 × 55.09 Feet
CountyToronto
Annual Tax$5,670.73
Legal DescriptionSee Schedule B

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Library, Marina, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Storage

Security Features

Community Features

Location

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7 Chimes Lane, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7 Chimes Lane, Toronto W07, ON M8Y 1G4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$260,000 (20.0%)
* Minimum Canadian down payment required for this price is $260,000.
Amortization Period25 Years
Estimated Monthly Payment$6,198Based on a loan of $1,040,000 over 25 years.
Purchase Price$1,300,000
Loan Amount$1,040,000
Provincial Land Transfer Tax:$22,475
Toronto Municipal Land Transfer Tax:$22,475
Total Estimated Closing Taxes:$44,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,300,000 in Toronto, the legal minimum down payment is $260,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $22,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,475 also applies, bringing the total estimated land transfer taxes to $44,950.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,371

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.