$ 1,305,000 $1,099,999
7 Velma Drive
VT
Daycare Costco

7 Velma Drive

Detached
Toronto, Ontario M8Z 2N2
3+1 2 1+1 2+3(5) 1100-1500 sqft
3+1 2 1+1 2+3(5)
1100-1500 sqft
$ 1,305,000
Sold
$ 1,099,999 Up +18.64%
Taxes $6,500 2025
Maintenance None
Estimated Monthly Mortgage $3387
Estimated Closing Costs $--
Daycare Costco

History

MLS®# W12410133

MLS®# W12410133

2025.09.24 Sold ($205,001) $1,305,000
2025.09.17 New $1,099,999

OPEN HOUSE

09-21 / Sunday 02:00 PM - 04:00 PM
09-21 / Sunday 02:00 PM - 04:00 PM

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
Bungalow
Size (sqft)
1100-1500
Lot Size
40.25 × 124.58 Feet
Parking
5 Total Parking Spaces
2 Detached Garage
3 Parking Spaces
Last Update
2025-09-25
Possession Date
60-90
Listing Date
2025-09-17
Basement
Finished, Separate Entrance
Fireplace
Y
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
ROYAL LEPAGE SUPREME REALTY
Room(s) Stories
Length x Width ( Size )
Descriptions
Kitchen Main
10.6ft x 13.8ft (146.7 ft2 ) 3.23m x 4.22m (13.6 m2 )
Living Room Main
11.7ft x 18.5ft (217.3 ft2 ) 3.58m x 5.64m (20.2 m2 )
Dining Room Main
8.8ft x 14.2ft (124.7 ft2 ) 2.67m x 4.34m (11.6 m2 )
Primary Bedroom Main
12.1ft x 14ft (169.1 ft2 ) 3.68m x 4.27m (15.7 m2 )
Bedroom 2 Main
10.3ft x 12.1ft (124.8 ft2 ) 3.15m x 3.68m (11.6 m2 )
Bedroom 3 Main
10.1ft x 11ft (110.7 ft2 ) 3.07m x 3.35m (10.3 m2 )
Living Room Basement
12.7ft x 25.2ft (318.7 ft2 ) 3.86m x 7.67m (29.6 m2 )
Bedroom Basement
7.7ft x 14.2ft (110.2 ft2 ) 2.36m x 4.34m (10.2 m2 )

About

A welcoming bungalow with so much to offer. This 3-bed, 2-bath home sits on a generous 40 x 124 ft lot, giving you room to breathe, play, and grow. Picture sunny afternoons planting your favourite flowers, growing veggies, or simply enjoying the extra yard space with kids, pets, or weekend get-togethers. Inside, hardwood floors flow through the open-concept living and dining areas, perfect for everyday comfort or hosting family and friends. The finished basement comes complete with a bedroom, bathroom, full kitchen, and a separate entrance. Whether you're envisioning an in-law suite, space for extended family, or rental income potential, the options are endless. Topping it all off is a detached 2-car garage and a driveway with plenty of parking. Plus, you're close to everyday amenities and just steps from the school down the street, making life that much more convenient. With its sunlit main floor, versatile lower level, and outdoor space that invites you to put down roots, this is the kind of home that grows with you today, tomorrow, and for years to come. True Value on Velma - ready to welcome its next family home. Fridge x2, Stove x2, Washer & Dryer. All existing light fixtures and window coverings. (Roof 2021)

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $6,500 2025 year
Community:Stonegate-Queensway
DetachedMarket Stat
Avg. Sold Price
$1,863,333.33
YoY +3.82 %
Avg. Rent
$5,443.75
YoY +45.75 %

Schools

JK - Grade12 Daycare

Elementary (JK-G8)

Fraser Rank(2018) 313 / 3052 English
Fraser Rank(2018) 1850 / 3052 Catholic English
Fraser Rank(2018) 480 / 3052 Catholic French
Fraser Rank(2018) 532 / 3052 Catholic English French

Secondary (G9-G12)

Fraser Rank(2023) 29 / 747 Secondary French
Fraser Rank(2023) 79 / 747 Secondary English
Secondary
Secondary
Secondary
Fraser Rank(2023) 33 / 747 Secondary Catholic English
Fraser Rank(2023) 39 / 747 Secondary Catholic English
Fraser Rank(2023) 254 / 747 Secondary Catholic English
Norseman School Age Program (YMCA) 129 m
105 Norseman Street Toronto, ON M8Z2R1
(416)917-8900

Neighbourhood

Go Train Groceries
Kipling Go Train Line:Milton 1.6 km
Costco Etobicoke 1.4 km
50 QUEEN ELIZABETH BLVDETOBICOKE, ON M8Z 1M1

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