132 Wesley Street, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13725732
About this home
Welcome To 132 Wesley Street, A Move-In-Ready Solid Brick Bungalow In Sought-After Stonegate-Queensway, South Etobicoke. Offered For The First Time Since Built In 1948, This Single-Family-Owned Home Has Been Lovingly Maintained And Thoughtfully Updated. Recent Improvements Include New A/C (July 2026), High-Efficiency Natural Gas Furnace (2021), Roof (Oct. 2022), 100-amp Electrical Panel (2021), Fresh Paint Throughout Main Floor, New Ceiling Fixtures Throughout, And Luxury Wide-Plank Vinyl Flooring On The Main Level (All Summer 2026). The Side Entrance Offers Excellent Flexibility For A Potential Self-Contained Basement Apartment, Income Suite, Or In-Law Suite. Additional Upside Includes The Opportunity To Add Main-Floor Laundry And Update Or Expand The Kitchen And Baths Over Time. Set On A Mature, Tree-Lined Lot With A Fully Fenced Yard, Updated Landscaping, Wonderful Neighbours, And A Well-Kept Street, This Home Is Close To Major Routes, Transit, Downtown Access, Top Local Schools, Shops, Costco, And Restaurants Along The Queensway, Parks, Waterfront Trails, And Green Space. Schedule Your Private Showing Today!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13725732
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 33.37 × 108.86 ft
- Cross streets
- Royal York and Queensway
- Parking
- 2 parking
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,947 / 2025
- Listing brokerage
- HOMELIFE FRONTIER REALTY INC.
Listed at $975,000, and my independent estimate is right in line with comparable homes.
Total price vs nearby homes. Fair value about $1.04M, median of 44 comparables.
The market behind the math:
Price per square foot: this home lists at $1,083/sqft against an area asking average of $1,521/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 44 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.05M, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 44 comparable homes that recently sold nearby.
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 $1.04M, which is where my estimate comes from.
Per square foot, these ask about $1,580/sqft; this home lists at $1,083/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Stonegate-Queensway, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 29, 2026); conventional rates run a little higher.
Mortgage amount $780,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,205
- Property tax
- $412
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,617
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,975
- Toronto municipal land transfer tax
- $15,975
- Estimated closing costs
- $31,950
Plus your down payment of $195,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $252,304
- Principal paid down
- $98,169
- Interest paid
- $154,135
- Balance remaining
- $681,831
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.