502 Queens Drive
502 Queens Drive
$1,399,000
39 days on market
About This Listing
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
| Monthly Mortgage (P&I) | $6,095 |
| Property Tax (MLS) | $483 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,579 |
Down payment: $279,800 (20.0%) · Mortgage: $1,119,200
Property tax uses MLS annual tax of $5,799/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADA
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Data last updated: August 23, 2026 at 10:25 a.m.