- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $922at the range’s middle
- Lot
- 40 x 125 ft
- Tax a year
- $5,2112026 tax year
- Parking
- 71 detached
- Days on market
- Members
The brief
About 74 Cannon Rd
74 Cannon Rd is a 3+1-bedroom, 2-bathroom detached house in Stonegate-Queensway, Toronto, listed for sale at an asking price of $1,199,000 (MLS® W13879430).
A Rare Opportunity in a Fantastic Location! Discover the incredible potential of this charming home, ideally situated in one of Toronto's most desirable and vibrant neighbourhoods, just minutes from the popular Bloor West Village, known for its boutique shops, excellent restaurants, cozy cafés, and wonderful community atmosphere. Offered for sale as part of an estate, this vacant property is easy to show, with offers welcome at any time. The home retains much of its original character, with some updates to the kitchen and bathroom. While it offers an excellent opportunity for renovation and modernization, it is also perfectly suitable for someone wishing to move in and make improvements over time. Adding to its appeal, the home features a finished basement with a separate entrance, offering excellent potential for rental income or extended family living. The generous lot may also accommodate a future garden suite, subject to municipal approvals, creating even more possibilities for homeowners and investors alike. The real attraction is the property's outstanding location and tremendous potential. Whether you're a first-time buyer, renovator, investor, or someone dreaming of creating a personalized home in an established neighbourhood, this property offers exciting possibilities. Enjoy the convenience of nearby shopping, dining, parks, and recreational amenities. Best of all, Lake Ontario and its beautiful waterfront walking and cycling promenade are approximately five minutes away by bicycle. Homes with this combination of location, lifestyle, and potential are increasingly difficult to find. Bring your imagination, explore the possibilities, and make this home your own!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall29/100−$1,805/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 195 detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,211 / 2026
- MLS® number
- W13879430
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 40 x 125 ft
- Listed on
- Parking
- 1 Detached, 7 Parking
Property details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- Stonegate-Queensway
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Ground, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Private
- Garage Type
- Detached
- Garage
- 1
- Additional Parking
- 6
- Total Parking
- 7
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 40 ft
- Depth
- 125 ft
- Lot Size
- 40 x 125 ft
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All appliances, all light fixtures
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.99 × 4.48 m | — | Ground |
| Dining | 2.6 × 3.29 m | — | Ground |
| Kitchen | 2.99 × 3.08 m | — | Ground |
| Primary | 3.38 × 3.93 m | — | Ground |
| 2nd Br | 3.06 × 3.69 m | — | Ground |
| 3rd Br | 2.91 × 3.1 m | — | Ground |
| Kitchen | 5.27 × 6.8 m | — | Bsmt |
| Rec | 4.87 × 7.55 m | — | Bsmt |
Listing history
Buy/sell history for 74 Cannon Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,199,000 | N/A | Pc | W13879430 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $239,800
- Total mortgage amount
- $959,200
- Total interest payment
- $682,100
- Total purchase cost
- $1,881,100
- Mortgage payment
- $5,471/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
46%Monthly carrying cost
$5,905- Rent $4,100
- Shortfall $1,805
Rental income opens at $4,100, the median asking rent of 195 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $20,455
- Toronto municipal land transfer tax
- $20,455
- Total land transfer tax
- $40,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $32,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,199,000
- $15,980
- Ontario total
- $20,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,000 sq ft465 m²
- Street frontage
- 40 ft12.2 m
- Depth
- 125 ft38.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 34 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 7.0 km7 km
- Mapped parcel: about 5,010 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 970 m970 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Humber Treatment Plant, 850 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f13.5; a510; d0.45)By-law
569-2013Municipality
Toronto1 f13.5
Frontage: at least 13.5 m.
2 a510
Lot area: at least 510 m² per dwelling unit.
3 d0.45
Density: floor area is capped at 0.45 times the lot area.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 4 open development applications within 800 m of this home.
247 PARK LAWN RDSite planUnder Review
Proposed rear addition to an exisiting place of worship.
90 m away144 BERRY RDCondominiumUnder Review
Draft Plan of Standard Condominium application to permit the 10-storey residential building (Building B), containing 234 residential units.
560 m away15 NEIGHBOURHOOD LANECondominiumUnder Review
Draft Plan of Standard Condominium application to permit the 10-storey residential building (Building B), containing 234 residential units.
590 m away155 BERRY RDCondominiumUnder Review
Draft Plan of Standard Condominium application to permit the 10-storey residential building (Building B), containing 234 residential units.
640 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Stonegate-Queensway right now
- For sale now
- 61
- Median asking price
- $1.68M
- New in 7 days
- 8
- Price cuts
- 13%
Middle half: $1.28M to $2.25M
33 in 28 days
8 listings
This home is asking 28% below the median, lower than three quarters of them.
See all homes in Stonegate-QueenswayAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| Mimico GO | GO Transit train: Lakeshore West | 2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 2.3 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 2.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mark Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 150 m | 61%Grade 6 average |
| Étienne Brûlé Junior SchoolToronto DSB | Public · grades JK–5 | 250 m | 79%Grade 3 average |
| Park Lawn Junior and Middle SchoolToronto DSB | Public · grades JK–8 | 650 m | 85%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.2 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.2 km | 81%Grade 9 math |
| The Student SchoolToronto DSB | Public · grades 9–12 | 2.9 km | — |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.6 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Stonegate-Queensway are shown to signed-in members.