256 Wellesworth Drive, Toronto, ON

Eringate-Centennial-West Deane, Toronto · MLS® W13567618

$1,199,000
For Sale
Listed 96 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
3Bathrooms
1Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this spacious 4+1 bedroom, 3-bathroom two-storey home in the heart of Central Etobicoke.
  • Thoughtfully designed for family living, this home features a functional layout, an attached one-car garage, and a separate entrance to the basement, offering...
  • Ideally located just steps to transit and minutes from Centennial Park, Michael Power-St.
  • Joseph High School, shopping, restaurants, and everyday amenities, with convenient access to Highways 401 and 427, this home offers the perfect balance of space...

Welcome to this spacious 4+1 bedroom, 3-bathroom two-storey home in the heart of Central Etobicoke. Thoughtfully designed for family living, this home features a functional layout, an attached one-car garage, and a separate entrance to the basement, offering excellent flexibility for extended family living or future income potential. The beautifully landscaped backyard is a true gardener's paradise, providing a peaceful setting to relax, entertain, or enjoy your favourite plants and flowers. Ideally located just steps to transit and minutes from Centennial Park, Michael Power-St. Joseph High School, shopping, restaurants, and everyday amenities, with convenient access to Highways 401 and 427, this home offers the perfect balance of space, comfort, and convenience.

Key facts

Property type
Detached, 2-Storey
MLS®
W13567618
Bedrooms
4+1 (5 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
41.73 × 112 ft
Cross streets
Renforth Dr & Rathburn Rd
Parking
1 garage · 4 parking (attached)
Driveway
Private
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,796 / 2026
Days on market
96
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Primary BedroomSecond4.39 × 5.14 m

broadloom · window · closet

Bedroom 2Second3.38 × 3.56 m

broadloom · window · closet

KitchenMain3.40 × 4.12 m

vinyl floor · window

LaundryBasement2.76 × 3.29 m

tile floor · above grade window · laundry sink

RecreationBasement5.09 × 3.84 m

parquet · above grade window

BathroomSecond0.00 × 0.00 m

tile floor · 4 pc bath

Bedroom 4Second4.37 × 4.38 m

broadloom · window · closet organizers

BathroomMain0.00 × 0.00 m

vinyl floor · 2 pc bath

BedroomBasement3.86 × 2.39 m

parquet · above grade window

Bedroom 3Second3.58 × 2.48 m

broadloom · window · closet

Living RoomMain2.86 × 3.78 m

hardwood floor · combined w/dining · large window

Dining RoomMain4.75 × 3.78 m

hardwood floor · combined w/living · walk-out

BathroomBasement0.00 × 0.00 m

tile floor · 3 pc bath

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.17Mlikely sale price

Listed at $1,199,000. Going by how homes in Eringate-Centennial-West Deane and the wider GTA have actually closed against their asking prices (about 97%, 26 local closings in 90 days), the likely sale price is near $1.17M, if it sells. A realistic range is $1.09M to $1.31M.

Independent value check: $1.12M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.05M and $1.17M).

Why $1.12M. The typical detached home sold in Eringate-Centennial-West Deane over the past year went for about $1.14M (91 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,796 a year; the typical home sold here pays about $5,200.
  • ▲ Raises itIt is 1,500 to 2,000 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it slightly4+1 bedrooms and 3 baths, against 3+1 and 2 typically.

Longer on the market than typical. 96 days on the market against about 24 for homes like it here, and asking 7% above where comparable closings put it.

List price
$1.09MBelow recent closings$1.31MAbove recent closings

Total price vs nearby homes. Likely closing about $1.17M, from 26 recent closings in this pocket.

The market behind the math:

26sold nearby · 90 days
$1.12Mmedian sold price
99%of asking, on average
−6%prices vs a year ago
~17 dayshomes like this take to sell
96days on market so far
$4,863/moest. rent · 9 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.6 months of inventory: 14 detached homes for sale in the area against 26 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 $685/sqft against an area asking average of $910/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 26 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.09M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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

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

Priced above comparable homes overall, but the price per square foot ($685/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Eringate-Centennial-West Deane, so I widened the search to the surrounding area.

Based on 26 comparable homes that sold in Eringate-Centennial-West Deane over the past two years, from 167 closings there.

What sellers nearby are askingCurrently listed nearby in Eringate-Centennial-West Deane · asking prices
$1.28Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.12M, which is where my estimate comes from.

Per square foot, these ask about $934/sqft; this home lists at $685/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home1.23M1.20M1.36M1.20M1.40MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Eringate-Centennial-West Deane: $1.20M in September 2026, up 5% from a year ago, on 80 closings in 9 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$1.06M10
November 2025$1.15M9
March 2026$1.07M5
April 2026$1.18M7
May 2026$1.12M15
June 2026$1.00M7
July 2026$1.14M10
August 2026$1.19M7
September 2026$1.20M10

Neighbourhood & location

Eringate-Centennial-West Deane, 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.

Islington-City Centre West
$1.54M
Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Silverthorn Collegiate Institute
68%
Silverthorn Collegiate InstitutePublic · Secondary · 2.0 km awayBelow the GTA average · 68% meet the provincial standard
Hollycrest Middle SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Wellesworth Junior School · Public elementary0.1 km · 58% at standard
Hollycrest Middle School · Public elementary0.5 km · 75% at standard
Seneca School · Public elementary0.7 km
Michael Power/St Joseph High School · Catholic secondary0.7 km · 78% at standard
Broadacres Junior Public School · Public elementary0.9 km · 55% at standard
Josyf Cardinal Slipyj Catholic School · Catholic elementary1.1 km · 83% at standard
Mother Cabrini Catholic School · Catholic elementary1.2 km · 83% at standard
Briarcrest Junior School · Public elementary1.2 km · 81% at standard
West Glen Junior School · Public elementary1.4 km · 57% at standard
Burnhamthorpe Collegiate Institute · Public secondary1.4 km
Mill Valley Junior School · Public elementary1.5 km · 90% at standard
Bloordale Middle School · Public elementary1.9 km · 69% at standard

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

Affordability & Mortgage

Affordability
$5,465/mo
$224KIncome needed
5.4×Price ÷ income
$1,261Weekly cost
$40,910Land 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.

93%mortgage
Mortgage $5,465Property tax $400Total carry $5,864

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)
$5,304per month

Mortgage amount $959,200 · 4.49% over 25 years

$239,800Down payment (20.0%)
$959,200Loan before insurance
$0CMHC premium
$5,703Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,304
Property tax
$400
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,703

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

One-time closing costs

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Estimated closing costs
$40,910

Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,419/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

$631,874Total interest paid
$1,591,074Total of all payments
Principal $959,200 Interest $631,874
YearPrincipalInterestBalance
1$21,405$42,238$937,795
2$22,377$41,266$915,418
3$23,393$40,250$892,024
4$24,455$39,188$867,569
5$25,566$38,077$842,003
6$26,726$36,917$815,277
7$27,940$35,703$787,337
8$29,209$34,434$758,129
9$30,535$33,108$727,594
10$31,921$31,722$695,673
11$33,370$30,273$662,302
12$34,886$28,757$627,417
13$36,470$27,173$590,947
14$38,125$25,518$552,822
15$39,856$23,787$512,965
16$41,666$21,977$471,299
17$43,558$20,085$427,741
18$45,536$18,107$382,206
19$47,603$16,040$334,602
20$49,764$13,878$284,838
21$52,024$11,619$232,814
22$54,386$9,257$178,428
23$56,855$6,788$121,572
24$59,437$4,206$62,136
25$62,136$1,507$0

At the end of your 5-year term

Total paid over the term
$318,215
Principal paid down
$117,197
Interest paid
$201,018
Balance remaining
$842,003

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 9 whole-home leases in Eringate-Centennial-West Deane$4,863/mo
$58,356Gross annual rent
3.8%Cap rate after taxes and upkeep
$3,997 to $5,252Typical rent range
~23 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 9 whole-home leases in Eringate-Centennial-West Deane signed at a median of $4,022 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,863. 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.

4.9%
Gross yield
− Property tax $4,796− Insurance $1,400− Vacancy & upkeep $6,419Net operating income $45,741

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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