2864 Weston Road, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13062386

$1,039,999
For Sale
Listed 78 days ago
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5Bedrooms
2Bathrooms
2Garage · 8 parking
1100-1500Sq Ft

About this home

YOUR DREAM HOME AWAITS YOU!!! Welcome to this Gorgeous 3+2 Bedroom Detached Bungalow. It features Bright & Spacious Living & Dining Room, Lovely Floors, Huge Bedrooms, Double Car Garage, Tons of Parking with Gate, Garden Shed and Large Backyard, Perfect for garden, BBQ & outdoor sitting. Plus, Rental Income Potential: Massive Basement with Open concept Living/Dining/Kitchen, 3-piece Washroom, 2 Ample Bedrooms, & Separate Entrance. Located very close to Hi-ways 401 & 400, Go station, TTC, Bus stops, Airport, Golf Clubs, Supermarkets, Gym, Shops, Restaurants, Malls, Plazas, Schools, Parks, Community Centre, Place of Worships, etc.

Key facts

Property type
Detached, Bungalow
MLS®
W13062386
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
55 × 107.75 ft
Cross streets
Weston Rd / Hwy 401
Parking
2 garage · 8 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$4,125 / 2025
Days on market
78
Listing brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Rooms

Dining RoomMain2.79 × 2.54 m

hardwood floor · crown moulding

Living RoomMain5.23 × 3.65 m

hardwood floor · crown moulding · picture window

Primary BedroomMain4.01 × 3.58 m

broadloom · closet · crown moulding

Bedroom 3Main3.43 × 2.92 m

hardwood floor · crown moulding

KitchenMain3.51 × 2.72 m

ceramic floor · eat-in kitchen · crown moulding

Bedroom 2Main3.58 × 3.12 m

hardwood floor · crown moulding

Moe’s TakeTeam Asgarian · Broker
In line
$1.22Mest. value

Listed at $1,039,999, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Humberlea-Pelmo Park W5, so I widened the search to the surrounding area.

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 $955K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.57M
  • Adjusts to $1.57M

That comparable adjusts to $1.57M; the $1.22M 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.

The assigned public school is Gulfstream Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Weston Rd at Sunset Trail is about a 1-minute walk away.

List price
$980KGreat deal$1.57MOverpriced

Total price vs nearby homes. Fair value about $1.22M, 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.41Mavg asking

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

25 Furness Crescent$980k215 Honiton Street$1.57M90 Renault Crescent$1.35M44 Transwell Avenue$1.75M

The 4 closest active listings nearby.

See all comparable homes
1.04MThis home980k1.57M1.35M1.75MThis home vs active comparables
Live market pulseActive comparables in Humberlea-Pelmo Park W5 · median list $1.50M
$800this home / sqft
6active listings nearby
78days on market

This home lists 21% below the area average of $1,012/sqft.

77 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Humberlea-Pelmo Park W5, 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.

Getting around

59/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Weston Rd at Sunset Trail, about 56 m away

20+ transit stops3 grocery20+ dining19 parks3 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Alderwood
$998K

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 Gulfstream Public School
77%
Gulfstream Public SchoolPublic · Elementary · 1.9 km awayAbove the GTA average · 77% meet the provincial standard

Affordability & Mortgage

Affordability
$4,740/mo
$194KIncome needed
5.4×Price ÷ income
$1,094Weekly cost
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.

93%mortgage
Mortgage $4,740Property tax $344Total carry $5,084

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,440per month

Mortgage amount $831,999 · 4.14% over 25 years

$208,000Down payment (20.0%)
$831,999Loan before insurance
$0CMHC premium
$4,784Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,440
Property tax
$344
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,784

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

One-time closing costs

Ontario land transfer tax
$17,275
Toronto municipal land transfer tax
$17,275
Estimated closing costs
$34,550

Plus your down payment of $208,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,393/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

$499,958Total interest paid
$1,331,957Total of all payments
Principal $831,999 Interest $499,958
YearPrincipalInterestBalance
1$19,491$33,787$812,508
2$20,306$32,972$792,202
3$21,156$32,123$771,047
4$22,040$31,238$749,006
5$22,962$30,316$726,044
6$23,923$29,355$702,121
7$24,923$28,355$677,198
8$25,966$27,312$651,232
9$27,052$26,226$624,180
10$28,184$25,095$595,996
11$29,363$23,916$566,633
12$30,591$22,688$536,043
13$31,870$21,408$504,172
14$33,203$20,075$470,969
15$34,592$18,686$436,377
16$36,039$17,239$400,338
17$37,547$15,732$362,791
18$39,117$14,161$323,674
19$40,753$12,525$282,920
20$42,458$10,820$240,462
21$44,234$9,044$196,228
22$46,084$7,194$150,144
23$48,012$5,266$102,132
24$50,020$3,258$52,112
25$52,112$1,166$0

At the end of your 5-year term

Total paid over the term
$266,391
Principal paid down
$105,955
Interest paid
$160,436
Balance remaining
$726,044

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$2,300/mo
$27,600Gross annual rent
1.8%Est. cap rate

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.

2.7%
Gross yield
− Property tax $4,125− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,039

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.

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