10 Wheeler Avenue, Toronto, ON
The Beaches, Toronto · MLS® E13854948
About this home
In short
- Gorgeous newly built luxury residence offering a rare blend of sophisticated design, superior craftsmanship, and the confidence of a Full Tarion Warranty.
- Soaring ceilings, spacious principal rooms, dramatic windows, and three oversized two-panel sliding doors create airy, light-filled spaces.
- Enjoy seamless indoor-outdoor living with three oversized private decks .A practical entry with custom cabinetry leads into an inviting open-concept layout with a...
- The chef's kitchen features slim-line shaker cabinetry, a massive island, double wall ovens, an 8-burner cooktop, pot-filler, integrated appliances, and a showpiece...
- The lower level impresses with incredible 12-foot ceilings, a legal basement suite offering flexibility for rental income or an exceptional rec room with a second...
Gorgeous newly built luxury residence offering a rare blend of sophisticated design, superior craftsmanship, and the confidence of a Full Tarion Warranty. Soaring ceilings, spacious principal rooms, dramatic windows, and three oversized two-panel sliding doors create airy, light-filled spaces. The handsome modern-farmhouse exterior pairs beautifully with smart home lighting, climate controls, and integrated technology. Enjoy seamless indoor-outdoor living with three oversized private decks .A practical entry with custom cabinetry leads into an inviting open-concept layout with a cozy living zone perfect for unwinding. The chef's kitchen features slim-line shaker cabinetry, a massive island, double wall ovens, an 8-burner cooktop, pot-filler, integrated appliances, and a showpiece wine wall. A discreet powder room sits a half-level up for added privacy. The family room delivers a sectional-worthy space with an ultra-modern gas fireplace and a dramatic wall of glass that makes you feel like you're outdoors while indoors. The second floor includes a beautiful concealed laundry area and three bedrooms, each with access to a private or Jack-and-Jill bath. The stunning primary suite offers an oversized glass walk-out to a west-facing deck, a custom walk-in closet, and a serene ensuite with stand-alone tub, large shower, and double vanity. The lower level impresses with incredible 12-foot ceilings, a legal basement suite offering flexibility for rental income or an exceptional rec room with a second kitchen for entertaining, heated polished concrete floors, another oversized sliding door to a private terrace, a spacious bedroom with wall-to-wall closets, and a dedicated doggy shower just outside the garage entrance for added convenience. A remarkable home offering luxury, functionality, and exceptional design. Located in the heart of The Beach, steps to the Boardwalk, Kew Gardens, Balmy Beach, waterfront trails, parks, boutique shops, cafés, and top-rated schools.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- E13854948
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 25 × 102 ft
- Cross streets
- Queen St E & Lee Ave
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- Finished with Walk-Out, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Concrete
- Foundation
- Concrete
- Roof
- Flat, Metal
- Sewer
- Sewer
- Property tax
- $9,230 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK ESTATE GROUP REALTY LTD.
Rooms
above grade window · large closet · heated floor
hardwood floor · fireplace · w/o to yard
heated floor · pot lights · walk-out
access to garage · concrete floor
hardwood floor · picture window · 5 pc ensuite
hardwood floor · pot lights · 4 pc ensuite
heated floor · stainless steel appl · walk-out
hardwood floor · picture window · 4 pc ensuite
hardwood floor · balcony · 5 pc ensuite
centre island · b/i appliances · pot lights
open concept · hardwood floor · built-in speakers
hardwood floor · picture window · built-in speakers
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 readOn 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.
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 $1,040/sqft; this home lists at $1,030/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $2,679,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,814
- Property tax
- $769
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,583
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $70,200
- Toronto municipal land transfer tax
- $73,690
- Estimated closing costs
- $143,890
Plus your down payment of $669,800. 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
- $888,825
- Principal paid down
- $327,349
- Interest paid
- $561,477
- Balance remaining
- $2,351,851
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
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 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 RE/MAX HALLMARK ESTATE GROUP REALTY LTD.. MLS®/PropTx.