256 Wellesworth Drive, Toronto, ON

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

$1,299,000
For Sale
Listed 2 days ago
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5Bedrooms
3Bathrooms
1Garage · 4 parking
1500-2000Sq Ft

About this home

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
5 (4 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
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
2
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

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.07Mest. value

Listed at $1,299,000, this home is about 21% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($742/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 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 $995K, a close match.

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 $1.25M
  • Bathrooms −$15K
  • Adjusts to $1.23M

That comparable adjusts to $1.23M; the $1.07M 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 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.

On location, this is a very walkable address with everyday errands close by. Wellesworth Dr at Torrington Dr North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.01MGreat deal$1.30MOverpriced

Total price vs nearby homes. Fair value about $1.07M, 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.08Mavg asking

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

133 Park Street$1.25M161 Church Street$1.24M103 Ambercroft Boulevard$1000k554 Mclevin Avenue$798k95 Cinrickbar Drive$1.10M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.30MThis home1.25M1.24M1000k798k1.10MThis home vs active comparables
Live market pulseActive comparables in Eringate-Centennial-West Deane · median list $1.25M
$742this home / sqft
15active listings nearby
2days on market

This home lists 12% below the area average of $844/sqft.

1 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

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.

Getting around

72/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Wellesworth Dr at Torrington Dr North Side, about 38 m away

20+ transit stops2 grocery18 dining16 parks6 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.

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

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

Affordability & Mortgage

Affordability
$5,920/mo
$241KIncome needed
5.4×Price ÷ income
$1,366Weekly 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.

94%mortgage
Mortgage $5,920Property tax $400Total carry $6,320

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)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$5,945Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$400
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,945

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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
2.1%Est. cap rate

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 $4,796− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,446

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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