Salehian.com 647-325-5000

51 Lady Bank Road 602

Stonegate-Queensway, Toronto, M8Z 0C9

$688,000

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  • 2 bedrooms
  • 2 bathrooms
  • 1 parking
  • 900-999 sq ft

Listed 18 days ago · MLS® W13857006

About this home

A truly exceptional penthouse in a boutique building offering a rare combination of privacy, light, space and unobstructed views. With only two suites on the penthouse floor, the building provides an uncommon level of privacy and exclusivity. The penthouse features extensive north and west-facing views with beautiful sunsets, as well as north-facing views overlooking the surrounding neighbourhood. With no other condominium buildings directly overlooking the property, the views are remarkably open and private. The expansive balcony provides an exceptional outdoor living space, with BBQs permitted and a natural gas hookup, as well as the opportunity to create a private oasis with plants and greenery. Inside, the 10-foot ceilings and windows along almost every exterior wall create an exceptionally bright, calm and airy living environment. The thoughtful split-bedroom layout places each bedroom in its own wing, providing privacy and separation from the main living areas. An entertainer's dream, the open-concept living space features a gas stove, seamless flow to the balcony through patio doors, and a dedicated TV wall, creating the perfect setting for hosting intimate dinners or larger gatherings. This is a rare type of condominium that is increasingly difficult to find. The boutique scale, generous outdoor space, ceiling height, natural light, privacy and unobstructed views combine to create a truly one-of-a-kind penthouse that feels fresh, peaceful and private.

Details

Type
Common Element Condo
Style
1 Storey/Apt
Age
11-15 years
Size
900-999 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$3,860 (2026)
Maintenance fee
$879/month
Neighbourhood
Stonegate-Queensway
Municipality
Toronto W07
Price per sq ft
$725 (17% above condo townhouses in Toronto, $620)

Interior

Bedrooms
2 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (main)
Rooms
8 above ground
Family room or den
Yes
Fireplace
No
Laundry
Ensuite
Features
Carpet Free, Primary Bedroom - Main Floor

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
1 Storey/Apt
Exterior
Aluminum Siding, Concrete
Age
11-15 years
Outdoor
Patio

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Stacked

Condo

Monthly fee
$879
Fee includes
Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Locker
Owned (level A)
Balcony
Terrace
Exposure
North West
View
Clear, Panoramic, Skyline
Pets
Yes-with Restrictions
Security
Smoke Detector
Property manager
GIA Property Management

More

Possession
Immediate
Nearby
Clear View, Lake Access
Cross street
The Queensway & Islington Ave

Rooms

RoomLevelSizeFeatures
BathroomMain1.5 × 2 m (4'11" × 6'7")4 Pc Ensuite, Tile Floor
Bedroom 2Main2.8 × 3 m (9'2" × 9'10")Hardwood Floor, B/I Bookcase
LaundryMain1.5 × 1.5 m (4'11" × 4'11")Separate Room, Tile Floor
Primary BedroomMain2.7 × 3.8 m (8'10" × 12'6")W/O To Terrace, Walk-In Closet(s), 4 Pc Ensuite
BathroomMain1.5 × 2 m (4'11" × 6'7")4 Pc Bath, Tile Floor
KitchenMain1.5 × 6 m (4'11" × 19'8")Stainless Steel Appl, Gas Fireplace, Open Concept
FoyerMain2.1 × 2.1 m (6'11" × 6'11")Hardwood Floor, B/I Bookcase
Great RoomMain5 × 6 m (16'5" × 19'8")W/O To Terrace, Combined w/Kitchen, Combined w/Dining

History of this address

5 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Kipling Subway2.4 km
  • 🚆 Mimico GO1.5 km

Within a 10-minute walk: 2 grocery stores, 33 cafés and restaurants, 8 parks, 4 pharmacies. Nearest grocery: Longo's (700 m). Nearest park: Market Garden Mews Parkette (200 m).

Schools nearby

Elementary

  • Castlebar Junior School
    EQAO: Gr 3 reading 83%, math 80%    11 min walk
  • St. Louis Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 43%    14 min walk
  • High Park Centennial Montessori School Private16 min walk
  • Norseman Junior Middle School
    EQAO: Gr 6 reading 93%, math 67%    18 min walk

Secondary

  • Etobicoke School of the Arts
    EQAO: Gr 9 math 68%, literacy test 92%    16 min walk
  • Karen Kain School of the Arts18 min walk
  • Bishop Allen Academy Catholic Secondary School Catholic · Private
    EQAO: Gr 9 math 81%, literacy test 94%    19 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8Z

Owners / renters
80% / 20%
Median household income
$111,000
Average age
41
Children under 15
15%
Homes
55% detached, 23% high-rise
Commute by transit
18%
Population
19,312

Languages spoken most at home besides English: Tibetan 2.5%, Italian 1.8%, Portuguese 1.4%, Polish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Stonegate-Queensway (2025): 25% below the Toronto average, down 13% from the year before.

  • Assault39% below average
  • Break and enterabout average
  • Auto theftabout average
  • Robbery48% below average
  • Theft from vehicles39% below average
  • Shootings67% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 4 active

  • 933 THE QUEENSWAY · 100 m
    Plan of Condominium · Application Received · applied 2026
    Draft Plan of Condominium - 210 Units.
    Application details
  • 880 THE QUEENSWAY · 50 m
    Plan of Condominium · Draft Plan Approved · applied 2025
    Draft Plan of Condominium Application (Non Residential Portion) for 103 units in the eight-storey mixed use building.
    Application details
  • 875 THE QUEENSWAY · 50 m
    Site Plan · NOAC Issued · applied 2022
    Proposal for a mixed-use development comprised of an 11-storey mixed-use building. 148 residential units are proposed along with 238 square metres of…
    Application details
  • 875 THE QUEENSWAY · 50 m
    Site Plan · Application Received · applied 2022
  • 829 THE QUEENSWAY · 200 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2025
    Proposal to permit a 15-storey mixed-use building with approximately 332 units, two retail units at-grade (590 square metres), and 159 parking spaces within…
    Application details
  • 880 THE QUEENSWAY · 50 m
    Plan of Condominium · Closed · applied 2025
    Draft Plan of Condominium Application for 103 units in the eight-storey mixed use building.
    Application details

8 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 11 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Gardiner Expressway400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Trees

28 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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