219 Wheeler Avenue, Toronto, ON
The Beaches, Toronto · MLS® E13431540
About this home
A rare offering in the Beach, 219 Wheeler Avenue is a new custom residence where timeless architecture meets elevated modern design. Set north of Queen on a quiet, dead-end street, this 5+1 bedroom home has been built without compromise, every detail considered, every finish curated. Principal rooms unfold with generous proportions, oversized windows, and a refined palette and aesthetic that balances warmth and sophistication in equal measure. The chef's kitchen anchors the main floor with a statement island, premium integrated appliances, and seamless flow into a sunlit family room designed for both effortless entertaining and quiet weeknights at home. Upstairs, the primary suite occupies its own private loft level - a true retreat featuring a five-piece spa-inspired ensuite, a custom-fitted walk-in closet, and a private balcony framed by treetop views. Four additional bedrooms, designer bathrooms, and a fully finished lower level with a sixth bedroom offer the kind of space and flexibility rarely found in the neighbourhood. Professionally landscaped front and rear gardens, anchored by custom stonework, create a low-maintenance four-season retreat, while a built-in garage and private drive with parking for two additional vehicles is a true rarity in this pocket of the Beaches. Steps to Kew Gardens, the boardwalk, Queen Street East's boutiques and cafés, and within the catchment of Toronto's most coveted public and private schools; this is a forever home in a forever neighbourhood.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- E13431540
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500
- Lot
- 32.5 × 101 ft
- Cross streets
- Kingstono Rd and Lee Ave
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $6,508 / 2025
- Days on market
- 36
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
vinyl floor · 3 pc bath · electric fireplace
window · separate room · vinyl floor
hardwood floor · large window · closet
large window · closet · hardwood floor
combined w/living · sunken room · large window
large window · hardwood floor · ensuite bath
hardwood floor · closet · ensuite bath
large window · open concept · hardwood floor
electric fireplace · hardwood floor · walk-out
walk-in closet(s) · w/o to balcony · 5 pc ensuite
centre island · pantry · open concept
Listed at $3,388,000, this home is tracking about 4% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.61M, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $3.50M
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $3.52M
That comparable adjusts to $3.52M; the $3.51M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Malvern Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Kingston Rd at Lee Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3.51M, median of 6 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 8% below the area average of $1,127/sqft.
35 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Kingston Rd at Lee Ave, about 83 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,710,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,464
- Property tax
- $542
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,006
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $71,175
- Toronto municipal land transfer tax
- $75,055
- Estimated closing costs
- $146,230
Plus your down payment of $677,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $867,822
- Principal paid down
- $345,170
- Interest paid
- $522,652
- Balance remaining
- $2,365,230
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.