41 Wishing Well Drive, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E12918366

$950,000
For Sale
Listed 208 days agoOffers anytimeSitting longer than typical
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3+3Bedrooms
2Bathrooms
4Parking
700-1100Sq ft

About this home

In short

  • Detached bungalow in a quiet, family-friendly neighbourhood with strong rental potential ($2600+/month).
  • Major updates include windows (2022), roof, furnace, plumbing & electrical (2021), gutters (2023), and new flooring/baseboards (2026).
  • Main floor features 3 bedrooms, a full bathroom with walk-in shower, and a bright open-concept layout with south-facing living room.
  • Finished basement with separate entrance offers 3 bedrooms with large windows, full bathroom with walk-in shower, living area, full kitchen, washer/dryer, and...
  • Spacious backyard with two storage sheds (10x16 ft) on a premium 45 x 125 ft lot, offering potential for expansion, pool, or deck.

Detached bungalow in a quiet, family-friendly neighbourhood with strong rental potential ($2600+/month). Major updates include windows (2022), roof, furnace, plumbing & electrical (2021), gutters (2023), and new flooring/baseboards (2026).Main floor features 3 bedrooms, a full bathroom with walk-in shower, and a bright open-concept layout with south-facing living room. Modern kitchen with stone countertops, stainless steel appliances (fridge, stove, dishwasher), ample storage, and existing plumbing/electrical for potential main-floor laundry. Finished basement with separate entrance offers 3 bedrooms with large windows, full bathroom with walk-in shower, living area, full kitchen, washer/dryer, and waterproofing-ideal for in-law suite or income potential. Private driveway parking for 4 vehicles. Owned hot water tank and A/C (2021). Spacious backyard with two storage sheds (10x16 ft) on a premium 45 x 125 ft lot, offering potential for expansion, pool, or deck. Convenient location within walking distance to TTC, parks, schools, places of worship, grocery stores, and restaurants, with quick access to Hwy 401. Vacant and move-in ready with flexible closing. Easy to show with lockbox. Offers anytime with 24-hour irrevocable. *For Additional Property Details Click The Brochure Icon Below*

Key facts

Property type
Detached, Bungalow
MLS®
E12918366
Bedrooms
3+3 (6 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
45 × 125 ft
Cross streets
Warden Avenue & Sheppard Avenue East
Parking
4 parking
Driveway
Private
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,570 / 2025
Days on market
208
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Rooms

Primary BedroomMain4.00 × 3.30 m
Bedroom 2Basement2.90 × 2.90 m
Bedroom 3Main3.10 × 3.00 m
BedroomBasement6.20 × 3.80 m
Dining RoomMain6.30 × 3.40 m
Living RoomMain6.30 × 6.40 m
Bedroom 3Basement3.00 × 2.90 m
KitchenMain4.00 × 3.30 m
KitchenBasement3.00 × 3.10 m
Bedroom 2Main3.30 × 3.00 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Vradenburg Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Tam O'Shanter-Sullivan, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$849K
Bendale
$949K
Steeles
$1.20M
Banbury-Don Mills
$5.50M
St. Andrew-Windfields
$4.10M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Vradenburg Junior Public School
75%
Vradenburg Junior Public SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 75% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Parkview Alternative School · Public secondary0.3 km
Caring and Safe School 2 · Public secondary0.3 km
Terraview-Willowfield Public School · Public elementary0.7 km · 72% at standard
Our Lady of Wisdom Catholic School · Catholic elementary0.9 km · 79% at standard
Roywood Public School · Public elementary1.0 km · 77% at standard
Lynngate Junior Public School · Public elementary1.1 km · 61% at standard
St Isaac Jogues Catholic School · Catholic elementary1.2 km · 79% at standard
Bridlewood Junior Public School · Public elementary1.3 km · 83% at standard
Fenside Public School · Public elementary1.6 km · 72% at standard
Maryvale Public School · Public elementary1.7 km · 52% at standard
Victoria Park Collegiate Institute · Public secondary1.7 km · 68% at standard
St Gerald Catholic School · Catholic elementary1.7 km · 67% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,330/mo
$180KIncome needed
5.3×Price ÷ income
$999Weekly cost
$30,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $4,330Property tax $381Total carry $4,711

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,202per month

Mortgage amount $760,000 · 4.49% over 25 years

$190,000Down payment (20.0%)
$760,000Loan before insurance
$0CMHC premium
$4,583Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,202
Property tax
$381
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,583

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$15,475
Toronto municipal land transfer tax
$15,475
Estimated closing costs
$30,950

Plus your down payment of $190,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,086/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$500,651Total interest paid
$1,260,651Total of all payments
Principal $760,000 Interest $500,651
YearPrincipalInterestBalance
1$16,960$33,466$743,040
2$17,730$32,696$725,310
3$18,535$31,891$706,775
4$19,377$31,049$687,398
5$20,256$30,170$667,142
6$21,176$29,250$645,966
7$22,138$28,288$623,828
8$23,143$27,283$600,686
9$24,193$26,233$576,492
10$25,292$25,134$551,200
11$26,440$23,986$524,760
12$27,641$22,785$497,119
13$28,896$21,530$468,223
14$30,208$20,218$438,016
15$31,579$18,847$406,436
16$33,013$17,413$373,423
17$34,512$15,914$338,911
18$36,079$14,347$302,832
19$37,717$12,709$265,115
20$39,430$10,996$225,685
21$41,220$9,206$184,465
22$43,092$7,334$141,373
23$45,048$5,378$96,325
24$47,093$3,333$49,232
25$49,232$1,194$0

At the end of your 5-year term

Total paid over the term
$252,130
Principal paid down
$92,858
Interest paid
$159,272
Balance remaining
$667,142

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
1.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.8%
Gross yield
− Property tax $4,570− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,516

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. MLS®/PropTx.

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