Home with brick exterior material, street for 11 Velma Dr, Toronto Ontario M8Z 2N2
4 days on Market

11 Velma Dr, Toronto, Ontario M8Z 2N2

Detached
3 + 1
2
- sqft
$1,485,000
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$11,138Cashback
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 Market4 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. COOL! 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 ®NumberW11908112
Community NameThe Queensway
Data SourceTRREB
Listing bySUTTON GROUP-ADMIRAL REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Bsmt Floor

Rec

7.89 x 3.88

Broadloom / Window

4th Br

4.99 x 2.83

Double Closet


Features

Lot size: 5,032 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jan 6, 2025
ListedActive
$1,485,000
4 days on market
history photo preview25
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

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

13 days

2023

17 days

2022

9 days

New Listings

Past 30 days

21 listings

Compared to

2024

15 listings

2023

10 listings

2022

1 listing

Units sold

Past 30 days

2 units

Compared to

2024

4 units

2023

2 units

2022

6 units

Median Sold Price

Past 30 days

$1,050,000

Compared to

2024

$1,237,550

2023

$1,177,500

2022

$1,430,000


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