15 Velma Drive, Toronto, ON M8Z 2N2
Toronto W07 · Stonegate-Queensway
For Sale · Detached
1 month ago
15 Velma Drive, Toronto, ON M8Z 2N2
Etobicoke · Stonegate-Queensway
MLS® W13757754
$1,599,900
▾ PRICE CHANGE
3 + 2
Beds
2
Baths
2
Parking
1100-1500
Sq ft
Not available
Built
Overview
About this home
- 3 + 2 bedrooms on main floor, 2 additional bedrooms in finished walkout basement
- 2 bathrooms total
- Open-concept kitchen, living, and dining areas on main level
- 2 parking spaces
- Full bathroom in basement
- Private hot tub in backyard
- Minutes from Bloor-Islington subway station, close to parks, schools, and shopping
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$6,003 (2025)
Lot
40.25 × 124.58 Feet
Style
Bungalow
Heating
Forced Air
Cooling
Central Air
MLS®
W13757754
Details
Full details
Parking
GarageAttached
Driveway1
Garage spaces1
Total parking2
Parking featuresPrivate
Room dimensions
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 5 × 3.61 Meters | Bamboo, Combined w/Dining, Open Concept |
| Dining Room | Main | 2.92 × 2.79 Meters | Bamboo, Combined w/Living, Open Concept |
| Kitchen | Main | 3.86 × 2.92 Meters | Bamboo, Quartz Counter, Centre Island |
| Primary Bedroom | Main | 4.09 × 2.74 Meters | Double Closet, Window |
| Bedroom 2 | Main | 4.09 × 3.17 Meters | Hardwood Floor, Double Closet, Window |
| Bedroom 3 | Main | 3.17 × 2.77 Meters | Bamboo, Closet, Window |
| Recreation | Basement | 6.2 × 3.12 Meters | Open Concept, Electric Fireplace, 4 Pc Bath |
| Exercise Room | Basement | 6.48 × 3.3 Meters | Vinyl Floor, Open Concept, Window |
| Bedroom 2 | Basement | 3.73 × 2.85 Meters | — |
Market · Renavu Intelligence
How this home fits the market
See comparables
Asking price
$1,599,900
↑ +30.0%
vs. the area benchmark
Asking price is 30% above the area benchmark
Where this price sits against the typical 1-storey detached home in Stonegate-Queensway.
Benchmark $1,231,000
$1,169,000 – $1,292,000Typical low – high
List price$1,599,900
Benchmark$1,231,000
Typical range$1,169,000 – $1,292,000
Asking price is 30% above the area benchmark
Where this price sits against the typical 1-storey detached home in Stonegate-Queensway.
The Renavu Estimate and the figures in this section are produced by Renavu using our own analysis — not statistics from, provided by, or endorsed by TRREB or PropTx. Underlying property data is provided through TRREB/PropTx and is deemed reliable but not guaranteed accurate. Renavu Estimate is our data-driven opinion of value and a market reference — not this home's exact value.
Comparables
Gathering recent comparable sales nearby…
Run the numbers
True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$28,473
Toronto municipal LTT$28,473
Legal · title · inspection$2,800
Closing costs$59,746
Down payment$319,980
Total cash to close$379,726
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
Location
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · MLS® W13757754
History
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-09-26 | — | $1,599,900 ▼ | Price cut | W13757754 |
| — | (Sign-in required) | Listed | W13757754 |
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