2870 Weston Road, Toronto, ON

Humberlea-Pelmo Park W5, Toronto · MLS® W13536360

$949,900
For Sale
Listed 9 days ago
4Bedrooms
2Bathrooms
7Parking
1100-1500Sq Ft

About this home

Discover the potential of this solid detached bungalow on a large private lot with ample parking, offering 3+1 bedrooms and 2 baths. It features bright main-floor living and a separate entrance to a fully finished basement with its own kitchen for an immediate in-law suite or ready-to-rent apartment. The main level includes three spacious bedrooms, a full bath, and an open living/dining area, while the lower level adds a large rec room, bedroom, second bath, and full kitchen-ideal for multi-generational living or income generation. Families will appreciate being in a well-established neighbourhood with access to reputable local schools, nearby childcare options, and community programs that make day-to-day life easier. All of this is steps from parks, transit, and major highways (401/400), creating a versatile, income-ready opportunity in a growing area.

Key facts

Property type
Detached, Bungalow
MLS®
W13536360
Bedrooms
4 (3 + 1)
Bathrooms
2
Size
1100-1500
Lot
55.69 × 107.75 ft
Cross streets
Weston Rd & Sheppard Ave W
Parking
7 parking
Driveway
Private Double
Basement
Separate Entrance, Apartment, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,967 / 2026
Days on market
9
Listing brokerage
SUTTON GROUP REALTY SYSTEMS INC.

Rooms

Living RoomMain5.19 × 3.62 m

hardwood floor · open concept · large window

Family RoomBasement7.65 × 3.50 m

tile floor · large closet · open concept

BedroomMain3.50 × 3.95 m

hardwood floor · large window · closet

Bedroom 2Main3.50 × 2.90 m

hardwood floor · large window · closet

Bedroom 4Basement4.60 × 4.40 m

tile floor · large closet · separate room

KitchenBasement4.35 × 4.20 m

window · tile floor · open concept

Dining RoomMain2.89 × 2.48 m

hardwood floor · large window · overlooks backyard

KitchenMain3.59 × 2.89 m

modern kitchen · ceramic backsplash · tile floor

Bedroom 3Main3.50 × 3.00 m

hardwood floor · large window · closet

FoyerMain3.62 × 1.10 m

tile floor · open concept

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.23Mest. value

Listed at $949,900, this home is about 23% below comparable homes, worth a close look. 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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $916K, lower than the comparables and worth a second look. 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
  • Bedrooms −$30K
  • Adjusts to $1.54M

That comparable adjusts to $1.54M; the $1.23M estimate above is the median of all 7 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 Bradmore Ave is about a 1-minute walk away.

List price
$950KGreat deal$1.54MOverpriced

Total price vs nearby homes. Fair value about $1.23M, median of 7 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.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby in Humberlea-Pelmo Park W5 · asking prices
$1.04Mavg asking

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

2894 Weston Road$979k2864 Weston Road$1.04M2979 Weston Road$1.10M

The 3 closest active listings nearby.

See all comparable homes
950kThis home979k1.04M1.10MThis home vs active comparables
Live market pulseActive comparables in Humberlea-Pelmo Park W5 · median list $1.10M
$731this home / sqft
10active listings nearby
9days on market

This home lists 23% below the area average of $954/sqft.

8 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 Bradmore Ave, about 71 m away

20+ transit stops2 grocery20+ dining19 parks2 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
$4,329/mo
$178KIncome needed
5.3×Price ÷ income
$999Weekly 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 $4,329Property tax $331Total carry $4,660

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)
$4,055per month

Mortgage amount $759,920 · 4.14% over 25 years

$189,980Down payment (20.0%)
$759,920Loan before insurance
$0CMHC premium
$4,386Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,055
Property tax
$331
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,386

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

One-time closing costs

Ontario land transfer tax
$15,473
Toronto municipal land transfer tax
$15,473
Estimated closing costs
$30,946

Plus your down payment of $189,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,925/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

$456,645Total interest paid
$1,216,565Total of all payments
Principal $759,920 Interest $456,645
YearPrincipalInterestBalance
1$17,802$30,860$742,118
2$18,547$30,116$723,571
3$19,323$29,340$704,248
4$20,131$28,532$684,117
5$20,973$27,690$663,144
6$21,850$26,812$641,294
7$22,764$25,898$618,529
8$23,716$24,946$594,813
9$24,708$23,954$570,105
10$25,742$22,921$544,363
11$26,819$21,844$517,544
12$27,941$20,722$489,603
13$29,109$19,553$460,494
14$30,327$18,336$430,167
15$31,595$17,067$398,572
16$32,917$15,746$365,655
17$34,294$14,369$331,361
18$35,728$12,934$295,633
19$37,223$11,440$258,410
20$38,780$9,883$219,630
21$40,402$8,261$179,228
22$42,092$6,571$137,137
23$43,852$4,810$93,284
24$45,687$2,976$47,598
25$47,598$1,065$0

At the end of your 5-year term

Total paid over the term
$243,313
Principal paid down
$96,776
Interest paid
$146,537
Balance remaining
$663,144

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
2.0%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.

2.9%
Gross yield
− Property tax $3,967− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,197

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP REALTY SYSTEMS INC.. MLS®/PropTx.

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