The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A forested retreat in the heart of the city, 185 Lakeway Drive offers privacy in an extraordinary natural setting. Set in prestigious Rockcliffe Park, on an exceptional 110 170-foot lot, majestic trees frame this mid-century bungalow. Sunlight filters through the canopy onto the large lawn and wooded pathways, creating a remarkable sense of tranquillity. Featuring three bedrooms, two bathrooms and abundant closet space, the home showcases hardwood floors, generous windows, and a single-car garage with inside access to a mudroom area. A spacious 4-season sunroom wrapped in glass is a fantastic space from which you can enjoy the wonders of the changing seasons. Within walking distance of the pond, conservation areas, large off-leash dog parks, and the parkway, outdoor enjoyment is brought right to your doorstep. Whether you envision enjoying the home as it is, renovating to reflect your personal style, or exploring the possibilities for a custom build, this property offers an inspiring canvas in an outstanding location. A rare opportunity to embrace space, nature, and exceptional privacy within the city.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,291/mo
Mortgage (principal + interest)$5,237
Property taxFrom listing: $12,645/yr$1,054
Minimum $114,990 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$279,980
Ontario land transfer taxProvincial brackets, no first-time refund$24,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$307,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Rockcliffe Park has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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