Detached House for sale at 502 Queens Drive, Toronto, Ontario, M6L 1M8 - Rustic - MLS: W13233372

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502 Queens Drive

Toronto, Ontario, M6L 1M8 - Rustic

$1,399,000

Neighbourhood

Rustic
Major Intersection

Keele and Lawrence

Listed Since: 2 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Detached, Bungalow-Raised
Bedrooms

3
Bathrooms

2
Basement

Finished + Walk-Up
Kitchen

1 + 1
Total Parking

5.5 (1.5 Built-In Garage)
Lot Size

50x204 (Feet)
Taxes

$5,798.93 (2025)
Type

Freehold

Property Description

Property description for 502 Queens Drive, Toronto

Newly priced and set on an exceptional 50 x 204 ft lot in the desirable Rustic/Maple Leaf community, 502 Queens Dr offers a rare opportunity w/ outstanding flexibility for end-users, investors, renovators & builders.This solid raised bungalow offers multiple paths forward: live in & update over time, accommodate extended family, explore income potential, renovate as an investment, or build new on a premium deep lot. Property being sold as is.The ground level features a separate entrance, walk-up to the backyard, open-concept layout, renovated kitchen w/ granite counters, backsplash & S/S appliances, 4pc bath, laundry room, large cold room & direct garage access into the kitchen. Bright & functional, this level offers strong potential for multi-generational living or a possible suite.The upper/main floor is accessed by a traditional front staircase and offers a classic family layout with formal living and dining rooms, family room, bright solarium, 3 bedrooms, 5pc bath w/ bidet, & a kitchen w/ S/S appliances and backsplash.The exceptionally deep backyard features mature trees, existing garden areas, gazebo, shed and outdoor sinks, offering a strong foundation to restore, redesign or create a private outdoor retreat. Ceramic tile and hardwood throughout, pot lights, generous room sizes and fantastic curb appeal. Patio enclosure can be removed to utilize 1.5-car garage space. Close to schools, parks, transit, shopping and major highways. A compelling opportunity in an established neighbourhood with lot value, flexibility and long-term upside. All existing window coverings, all electrical light fixtures, lower-level fridge, stove, dishwasher, washer and dryer, and upper-level fridge, stove and dishwasher. All chattels, fixtures and property being sold in as-is condition. Some images include AI visual renderings for illustrative purposes only, intended to help buyers envision the home's potential. Please refer to actual photos and in-person viewings for current condition

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Property details

MLS #

W13233372
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available, Private, Pvt Double
Garage

Built-In, 1.5 spaces
Total Parking

5.5
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13233372
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Available, Private, Pvt Double
Garage

Built-In, 1.5 spaces
Total Parking

5.5
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Shingles
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

3.96 x 2.74 ft Main level

Porcelain Floor, Window
Family

5.05 x 3.65 ft Main level

Porcelain Floor, Window
Solarium

7.01 x 4.67 ft Main level

Tile Floor, W/O To Patio, Window
Dining

4.16 x 4.31 ft Main level

Ceramic Floor, Open Concept
Kitchen

5.48 x 3.27 ft Main level

Ceramic Floor, Backsplash, Pot Lights
Primary

4.34 x 4.08 ft Main level

hardwood floor, Closet, Window
2nd Br

3.12 x 3.04 ft Main level

hardwood floor, Closet, Window
3rd Br

3.93 x 3.04 ft Main level

hardwood floor, Closet, Window
Bathroom

0.0 x 0.0 ft Main level

5 Pc Bath
Dining

3.81 x 3.65 ft Ground level

Ceramic Floor, Pot Lights
Family

4.97 x 4.72 ft Ground level

Ceramic Floor, Pot Lights
Kitchen

7.31 x 4.77 ft Ground level

Ceramic Floor, Walk-Up, Stainless Steel Appl
Bathroom

0.0 x 0.0 ft Ground level

4 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 502 Queens Drive, Toronto

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Rustic

Active listings

Average Selling Price of a Detached

May 2026

$1,068,333

Last 3 Months

$1,088,278

Last 12 Months

$916,669

May 2025

$1,080,000

Last 3 Months LY

$1,241,444

Last 12 Months LY

$1,251,474

Change

-1%

Change

-12%

Change

-27%

Historical Average Selling Price of a Detached in Rustic

Average Selling Price

3 years ago

$1,547,750

Average Selling Price

5 years ago

$1,408,750

Average Selling Price

10 years ago

$841,800

Change

-31%

Change

-24%

Change

27%

How many days Detached takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-5%

Change

-32%

Average Selling price

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Closing Cost Calculator

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.