Gurvinder Nokwal REALTOR®
For Sale Detached 40 days on market

$1,599,900 ↓ $50,100 from $1,650,000

Est. payment $7,084/moCalculate yours

15 Velma Drive, Toronto, ON M8Z 2N2

Stonegate-Queensway, Etobicoke, ON M8Z 2N2

  • 3 + 2 Beds
  • 2 Baths
  • 1 Garage
  • 1,100 Sq Ft

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13757754

About this home

15 Velma Drive offers a turn-key layout with exceptional versatility and access. The main level show cases a bright, open-concept layout connecting the kitchen directly to the living and dining areas. With three bedrooms on the main floor and a fully finished walkout basement-complete with a full bathroom and two additional bedrooms-this home is ideal for multi-generational living, hosting guests, or establishing dedicated home offices. Step outside to a relaxing backyard retreat featuring a private hot tub, perfect for unwinding after a long day. Located in a highly connected Etobicoke neighborhood, you are just minutes from the Bloor-Islington subway station for seamless transit access, quick routes to the QEW anddowntown Toronto, and close to local parks, schools, and shopping along the Bloor West corridor.

Property details

Overview

Property Type
Detached
Style
Bungalow
For
For Sale
Status
Price Change
Size
1,100 sqft

Interior

Bedrooms
3 + 2
Bathrooms
2
Kitchens
1
Basement
Separate Entrance, Walk-Out

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40.25 x 124.58 Feet
Parking
Attached garage · 2 total

Financial

Property Taxes
$6,003 (2025)

Location

Neighbourhood
Stonegate-Queensway
Cross Street
Islington / Velma
Direction Faces
West

Listing

MLS® Number
W13757754
Days on Market
40
Listed On
2026-09-08
Possession
Flexible
Listed By
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Room Level Dimensions
Bedroom 2 Main 13′ 5″ × 10′ 5″
Dining Room Main 9′ 7″ × 9′ 2″
Exercise Room Basement 21′ 3″ × 10′ 10″
Bedroom 3 Main 10′ 5″ × 9′ 1″
Living Room Main 16′ 5″ × 11′ 10″
Kitchen Main 12′ 8″ × 9′ 7″
Primary Bedroom Main 13′ 5″ × 9′ 0″
Recreation Basement 20′ 4″ × 10′ 3″
Bedroom 2 Basement 12′ 3″ × 9′ 4″

Features

Interior

  • Carpet Free

Pool

  • None
Included
fridge, stove, dishwasher, microwave, washer/dryer, all window coverings, all electric light fixtures.

Mortgage calculator

Minimum for this price: $319,980 (20%)

Amortization, years

Estimated mortgage payment

$7,084 per month

Principal and interest
$7,084
Property tax
$500
Estimated monthly cost
$7,584

Your mortgage

Mortgage amount
$1,279,920
Mortgage insurance
Not needed
Interest over 25 years
$845,283

Cash to close

Down payment
$319,980
Land transfer tax (Ontario + Toronto)
$56,946
Total, before legal fees
$376,926
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

15 Velma Drive, Toronto, ON M8Z 2N2 Stonegate-Queensway, Etobicoke, ON M8Z 2N2
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,599,900 15 Velma Drive, Toronto, ON M8Z 2N2
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