6 Wheeler Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13881736

$1,469,000
For Sale
Listed 10 days agoNo offer date stated
4+1Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Lofty co-living in the heart of the Beach.
  • The spacious main floor suite features two generous bedrooms, an expansive living/dining area and soaring 10 foot ceilings.
  • The unfinished, full size basement has its own separate entrance.
  • Recent updates include a new roof (2024), tankless water heater (2022), central air (2000), extensive landscaping - garden, decking and pergola (2021) and weeping...

Lofty co-living in the heart of the Beach! Steps from Kew Gardens and just a five minute stroll to the lake, this one-of-a-kind detached duplex offers two independent two-bedroom suites, a stunning perennial garden and parking for THREE cars. Perfect for co-ownership, multigenerational living or enjoying your own space with rental income! The spacious main floor suite features two generous bedrooms, an expansive living/dining area and soaring 10 foot ceilings. Upstairs, a spectacular loft-style suite offers a spacious primary bedroom overlooking the garden, a second bedroom currently reimagined as a dressing room (seller to convert back upon request), an oversized kitchen with a massive centre island, a private wraparound balcony and a bonus loft ideal for guests, a home office or gym.Outside, discover a lush perennial garden with inviting spaces to relax, recharge and entertain. Ample parking include a legal front parking pad, rear garage and additional parking behind the house.The unfinished, full size basement has its own separate entrance. Recent updates include a new roof (2024), tankless water heater (2022), central air (2000), extensive landscaping - garden, decking and pergola (2021) and weeping tiles/sump pump (2026). A rare opportunity to enjoy the best of Beach living, with flexibility for today and possibilities for tomorrow.

Key facts

Property type
Other, 2-Storey
MLS®
E13881736
Bedrooms
4+1 (5 total)
Bathrooms
2
Size
1500-2000 sq ft
Lot
30 × 102 ft
Cross streets
Wheeler/Queen St E
Parking
1 garage · 3 parking (detached)
Driveway
Mutual
Basement
Separate Entrance, Full
Heating
Baseboard
A/C
Central Air
Exterior
Vinyl Siding
Foundation
Brick
Roof
Shingles
Sewer
Sewer
Property tax
$8,126 / 2026
Days on market
10
Listing brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Rooms

BedroomSecond3.56 × 3.81 m

w/o to balcony · closet · skylight

KitchenMain3.40 × 3.00 m

tile floor · w/o to garden

Living RoomMain3.95 × 3.63 m

hardwood floor · fireplace · overlooks dining

Bedroom 2Main3.54 × 2.70 m

hardwood floor · closet

Living RoomSecond3.32 × 4.08 m

overlooks living · laminate · bay window

KitchenSecond4.85 × 4.20 m

open concept · b/i bar · w/o to balcony

Bedroom 2Second4.33 × 2.29 m

Laminate

Dining RoomSecond3.05 × 2.59 m

overlooks dining · laminate · fireplace

Dining RoomMain3.20 × 2.25 m

hardwood floor · overlooks living

BedroomMain3.75 × 3.00 m

hardwood floor · closet

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

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.

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.

Waterfront Communities C8
$569K
Church-Yonge Corridor
$539K
Leaside
$2.80M
Waterfront Communities C1
$548K
Niagara
$789K

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
Kew Beach Junior Public School · Public elementary0.4 km · 85% at standard
Norway Junior Public School · Public elementary0.8 km · 85% at standard
Balmy Beach Community School · Public elementary1.0 km · 88% at standard
St John Catholic School · Catholic elementary1.2 km · 72% at standard
Notre Dame Catholic High School · Catholic secondary1.3 km · 82% at standard
Beaches Alternative Junior School · Public elementary1.3 km
Kimberley Junior Public School · Public elementary1.3 km · 82% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.4 km · 64% at standard
Neil McNeil High School · Catholic secondary1.6 km · 76% at standard
Adam Beck Junior Public School · Public elementary1.6 km · 73% at standard
Duke of Connaught Junior and Senior Public School · Public elementary1.9 km · 71% at standard
Equinox Holistic Alternative School · Public elementary1.9 km · 83% at standard

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

Affordability & Mortgage

Affordability
$6,695/mo
$280KIncome needed
5.2×Price ÷ income
$1,545Weekly cost
$51,710Land 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.

91%mortgage
Mortgage $6,695Property tax $677Total carry $7,372

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)
$6,498per month

Mortgage amount $1,175,200 · 4.49% over 25 years

$293,800Down payment (20.0%)
$1,175,200Loan before insurance
$0CMHC premium
$7,175Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,498
Property tax
$677
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,175

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

One-time closing costs

Ontario land transfer tax
$25,855
Toronto municipal land transfer tax
$25,855
Estimated closing costs
$51,710

Plus your down payment of $293,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,865/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

$774,165Total interest paid
$1,949,365Total of all payments
Principal $1,175,200 Interest $774,165
YearPrincipalInterestBalance
1$26,225$51,749$1,148,975
2$27,416$50,558$1,121,558
3$28,661$49,314$1,092,897
4$29,962$48,012$1,062,935
5$31,323$46,652$1,031,612
6$32,745$45,230$998,867
7$34,232$43,743$964,636
8$35,786$42,189$928,850
9$37,411$40,564$891,439
10$39,109$38,865$852,330
11$40,885$37,090$811,445
12$42,741$35,233$768,703
13$44,682$33,293$724,021
14$46,711$31,264$677,310
15$48,832$29,143$628,479
16$51,049$26,926$577,430
17$53,367$24,608$524,063
18$55,790$22,185$468,274
19$58,323$19,652$409,951
20$60,971$17,004$348,980
21$63,739$14,235$285,241
22$66,633$11,341$218,608
23$69,659$8,316$148,949
24$72,821$5,153$76,128
25$76,128$1,847$0

At the end of your 5-year term

Total paid over the term
$389,873
Principal paid down
$143,588
Interest paid
$246,285
Balance remaining
$1,031,612

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$3,150/mo
$37,800Gross annual rent
1.6%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.

2.6%
Gross yield
− Property tax $8,126− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,116

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

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