$2,447,800
38 Smithfield Drive, Toronto, ON M8Y 3M2
Stonegate-Queensway · W07
Listing courtesy of RE/MAX WEST REALTY INC.
Stonegate-Queensway · W07 · M8Z 3E8
$2,888,000
$2,625 / sq ft1 months on market
LUXURY BEGINS WITH LOCATION. Set within the prestigious Thompson Orchard enclave in the Kingsway area, this exceptional ravine property presents a rare opportunity to renovate the existing home or build a custom residence in one of Etobicoke's most coveted and established areas. Boasting approximately 92 feet of frontage, backing onto the serene beauty of Mimico Creek, and situated on a quiet dead-end street, the property offers exceptional privacy, breathtaking natural surroundings, and a premium estate setting rarely found within the city. Positioned high above the ravine, the lot enjoys a commanding elevated topography that enhances both its architectural presence and long-term desirability. Surrounded by mature trees and lush greenery, the setting evokes the tranquility of an exclusive Muskoka retreat, yet is conveniently close to top-rated schools, shops, restaurants, premier golf clubs, parks and trails, Pearson Airport, subway access, downtown Toronto, and the lakeshore beaches. This is a rare opportunity for the discerning buyer to design and build a signature luxury residence within one of Toronto's most affluent and established west-end areas. The existing bungalow offers approximately 1,800 sq. ft. of living space, featuring a full lower level with two walk-outs and an oversized two-car garage. The property was previously approved for an approximately 5,300 sq. ft. custom home, underscoring the scale and potential of what can be achieved on this exceptional site.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 88% of comparable detached listings in Stonegate-Queensway are asking less.
Based on 56 comparable active detached listings in Stonegate-Queensway. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,888,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$2,447,800
Stonegate-Queensway · W07
Listing courtesy of RE/MAX WEST REALTY INC.
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Listing courtesy of RE/MAX PROFESSIONALS INC.
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Listing courtesy of REMAX YOUR COMMUNITY REALTY
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Listing courtesy of EXP REALTY
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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Listing courtesy of RE/MAX PROFESSIONALS INC.