Home with brick exterior material, street for 11 Velma Dr, Toronto Ontario M8Z 2N2
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Re-listed 40 days ago

11 Velma Dr, Toronto, Ontario M8Z 2N2

Detached
3 + 1
2
- sqft
$1,485,000
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Detached
3 + 1
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,377/mo

Tax Amount (2024)$5,987/yr

Days On Market40 days

Total Days On Market119 days


Description

Location! Location! Location! Welcome To This Charming 3+1 Bedroom, 1and 1/2 Bath Bungalow Situated On A Quiet Family Friendly Street In The Heart Of The Highly Sought-After Stonegate-Queensway Neighborhood! Basement Could Be Converted To An In-law Suite With Access From The Side Door Entrance, Very Nice Lot With A Sunny Backyard To Enjoy! Great Opportunity To Live On A Quiet Street But Only Steps To TTC, Parks, Schools, Libraries And Convenient Access To 427/QEW/Gardiner Expressway. Beautiful Hickory Hardwood Floors Throughout Main Level. House Is Equipped With Air-Source Heat Pump Hybrid System. It Provides Efficient And Effective Heating And Cooling. You Can Enjoy Significant Energy Savings (Gas Bill) And Improved Comfort.


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size5,032 SqFt(124.87 x 40.3)
Parking Spaces3
MLS ®NumberW12042133
Community NameThe Queensway
Data SourceTRREB
Listing bySUTTON GROUP-ADMIRAL REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Living

5.44 x 3.11

hardwood floor / Crown Moulding

Dining

3.44 x 2.89

hardwood floor / Window

Kitchen

4.14 x 2.68

Eat-In Kitchen

Br

3.98 x 3.84

hardwood floor / Double Closet


Features

Lot size: 5,032 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Mar 26, 2025
ListedActive
$1,485,000
40 days on market
history photo preview23
Listing by trreb®
Property listed by SUTTON GROUP-ADMIRAL REALTY INC., Brokerage

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Market Data - The Queensway

Geo Zone Map ThumbnailThe Queensway

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

11 days

2023

10 days

2022

9 days

New Listings

Past 30 days

23 listings

Compared to

2024

18 listings

2023

17 listings

2022

23 listings

Units sold

Past 30 days

4 units

Compared to

2024

9 units

2023

12 units

2022

18 units

Median Sold Price

Past 30 days

$1,619,500

Compared to

2024

$1,762,800

2023

$1,262,750

2022

$1,575,000


Population and Demographics

Overview

Total population 16176
Average household income $166,841

Age (%)

35 to 49
23%
50 to 64
20%
20 to 34
20%
0 to 19
19%
65 and plus
17%

Household composition (%)

Single family
63%
Single person
32%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
68%
Others
5%
Italian
4%
Polish
4%
Ukrainian
3%
Portuguese
3%
Spanish
3%
Tibetan
2%
Serbian
1%

House tenancy (%)

Owners
74%
Renters
26%

Schools and amenities

Estimated Budget