219 Wheeler Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13431540

$3,388,000
For Sale
Listed 130 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
5Bathrooms
1Garage · 3 parking
3000-3500Sq ft

About this home

In short

  • Open House Saturday, September 20th, 2 pm - 4 pm A rare offering in the Beach, 219 Wheeler Avenue is a new custom residence where timeless architecture meets...
  • 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.
  • 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...

**Open House Saturday, September 20th, 2 pm - 4 pm ** 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
5+1 (6 total)
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
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
130
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

RecreationBasement7.75 × 4.70 m

vinyl floor · 3 pc bath · electric fireplace

Exercise RoomBasement4.19 × 4.09 m

window · separate room · vinyl floor

Bedroom 4Second3.40 × 5.03 m

hardwood floor · large window · closet

Bedroom 5Second3.35 × 4.98 m

large window · closet · hardwood floor

Dining RoomMain3.48 × 4.17 m

combined w/living · sunken room · large window

Bedroom 3Second3.68 × 4.93 m

large window · hardwood floor · ensuite bath

Bedroom 2Second4.75 × 4.39 m

hardwood floor · closet · ensuite bath

Family RoomMain4.67 × 4.14 m

large window · open concept · hardwood floor

Living RoomMain4.67 × 4.17 m

electric fireplace · hardwood floor · walk-out

Primary BedroomThird4.67 × 6.76 m

walk-in closet(s) · w/o to balcony · 5 pc ensuite

KitchenMain4.67 × 4.14 m

centre island · pantry · open concept

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$3.38Mlikely sale price

Listed at $3,388,000. Going by how homes in The Beaches and the wider GTA have actually closed against their asking prices (about 100%, 17 local closings in 90 days), the likely sale price is near $3.38M, if it sells. A realistic range is $3.16M to $3.81M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 130 days on the market against about 24 for homes like it here, and asking 60% above where comparable closings put it.

List price
$3.16MBelow recent closings$3.81MAbove recent closings

Total price vs nearby homes. Likely closing about $3.38M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.21Mmedian sold price
105%of asking, on average
+0%prices vs a year ago
~8 dayshomes like this take to sell
130days on market so far
$8,315/moest. rent · 6 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 5 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,042/sqft against an area asking average of $1,023/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.71M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,042/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 17 comparable homes that sold in The Beaches over the past two years, from 183 closings there.

What sellers nearby are askingCurrently listed nearby in The Beaches · asking prices
$2.92Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,014/sqft; this home lists at $1,042/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
3.39MThis home3.35M3.38M2.45M2.50MThis home vs active comparables

Sold price trend

Median sold price for detached homes in The Beaches: $2.30M in September 2026, down 2% from a year ago, on 86 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.98M14
November 2025$2.65M5
February 2026$1.65M5
March 2026$2.44M8
April 2026$2.33M13
May 2026$2.15M10
June 2026$2.52M9
July 2026$2.25M7
August 2026$1.83M8
September 2026$2.30M7

Neighbourhood & location

The Beaches, 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.

Woodbine-Lumsden
$949K
Leaside
$2.15M
Wexford-Maryvale
$849K
Banbury-Don Mills
$5.50M
Bendale
$949K

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 Williamson Road Junior Public School
78%
Williamson Road Junior Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 78% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Norway Junior Public School · Public elementary0.4 km · 85% at standard
Beaches Alternative Junior School · Public elementary0.6 km
Kimberley Junior Public School · Public elementary0.6 km · 82% at standard
St John Catholic School · Catholic elementary0.7 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary0.8 km · 82% at standard
Balmy Beach Community School · Public elementary0.9 km · 88% at standard
Kew Beach Junior Public School · Public elementary1.0 km · 85% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.1 km · 64% at standard
Adam Beck Junior Public School · Public elementary1.2 km · 73% at standard
Gledhill Junior Public School · Public elementary1.3 km · 76% at standard
Neil McNeil High School · Catholic secondary1.5 km · 76% at standard
William J McCordic School · Public elementary1.5 km

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

Affordability & Mortgage

Affordability
$15,441/mo
$603KIncome needed
5.6×Price ÷ income
$3,563Weekly cost
$146,230Land 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.

97%mortgage
Mortgage $15,441Property tax $542Total carry $15,984

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,986per month

Mortgage amount $2,710,400 · 4.49% over 25 years

$677,600Down payment (20.0%)
$2,710,400Loan before insurance
$0CMHC premium
$15,529Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,986
Property tax
$542
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,529

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

6.49%Qualifying rate
$18,138/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

$1,785,480Total interest paid
$4,495,880Total of all payments
Principal $2,710,400 Interest $1,785,480
YearPrincipalInterestBalance
1$60,485$119,351$2,649,915
2$63,231$116,604$2,586,685
3$66,102$113,733$2,520,583
4$69,103$110,732$2,451,480
5$72,241$107,595$2,379,239
6$75,521$104,315$2,303,719
7$78,950$100,886$2,224,769
8$82,534$97,301$2,142,235
9$86,282$93,554$2,055,953
10$90,199$89,636$1,965,754
11$94,294$85,541$1,871,460
12$98,576$81,259$1,772,884
13$103,052$76,784$1,669,832
14$107,731$72,105$1,562,102
15$112,622$67,213$1,449,480
16$117,735$62,100$1,331,744
17$123,081$56,754$1,208,663
18$128,669$51,166$1,079,994
19$134,512$45,324$945,482
20$140,619$39,216$804,863
21$147,004$32,832$657,860
22$153,678$26,157$504,182
23$160,656$19,179$343,526
24$167,950$11,885$175,576
25$175,576$4,259$0

At the end of your 5-year term

Total paid over the term
$899,176
Principal paid down
$331,161
Interest paid
$568,015
Balance remaining
$2,379,239

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
From 6 whole-home leases in The Beaches$8,315/mo
$99,780Gross annual rent
2.4%Cap rate after taxes and upkeep
$7,650 to $9,416Typical rent range
~17 daysTo find a tenant, on average

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

Talk about the numbers

The last 6 whole-home leases in The Beaches signed at a median of $7,308 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,315. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.9%
Gross yield
− Property tax $6,508− Insurance $1,400− Vacancy & upkeep $10,976Net operating income $80,896

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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