15 Velma Drive
Toronto W07, ON
- 5 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,003
- Listed
- September 8, 2026
Price History
Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Carpet Free
- Lot Size
- 40.25 x 124.58 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Islington / Velma
- Parcel Number
- 075220047
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- fridge, stove, dishwasher, microwave, washer/dryer, all window coverings, all electric light fixtures.
Schools
Elementary
- Norseman Junior Middle School0.1 km
Public · Toronto DSB · 860 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 67% met the provincial standard
- Castlebar Junior School0.4 km
Public · Toronto DSB · 280 students
Grade 3 reading: 83% met the provincial standard
- Holy Angels Catholic School0.5 km
Catholic · Toronto CDSB · 585 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 62% met the provincial standard
Secondary
- Bishop Allen Academy Catholic Secondary School1 km
Catholic · Toronto CDSB · 1460 students
Grade 10 literacy: 94% met the provincial standard
- Etobicoke School of the Arts1.1 km
Public · Toronto DSB · 825 students
Grade 10 literacy: 92% met the provincial standard
- Etobicoke Collegiate Institute1.9 km
Public · Toronto DSB · 1330 students
Grade 10 literacy: 90% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M8Z
- Population
- 19,312
- Private dwellings
- 7,784
- Median age
- 40.4
- Average household size
- 2.5
- Median household income
- $111,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W07 · last 12 months
- Median sold price
- $1,250,000
- Homes sold
- 229
- Median days on market
- 13
- Sale-to-list price
- 99.2%
Based on 229 recorded sales of residential freehold properties in Toronto W07 over the last 12 months.
Rooms
4-piece on Main, 4-piece on Sub-Basement
Main
- Bedroom 213'5" x 10'5"
- Bedroom 310'5" x 9'1"
- Dining Room9'7" x 9'2"
- Kitchen12'8" x 9'7"
- Living Room16'5" x 11'10"
- Primary Bedroom13'5" x 9'
Basement
- Bedroom 212'3" x 9'4"
- Exercise Room21'3" x 10'10"
- Recreation20'4" x 10'3"
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$330,000
Estimated Monthly Payment
$8,106
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,106/mo (20% down, 5.5%)
Taxes: $500/mo · Insurance: $413/mo
Estimates only. Consult a financial advisor.
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