111 Wesley Street, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13743400

$1,133,000
For Sale
Listed 46 days agoNo offer date stated
2+1Bedrooms
2Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Welcome to 111 Wesley Street, a charming brick bungalow on a deep 37 x 125 lot in Etobicoke's family-friendly Queensway neighbourhood.
  • Well maintained and move-in ready, this 2+1 bedroom, 2-bathroom home on a mature, tree-lined street offers a practical layout, a finished lower level and plenty of...
  • The main level includes an open concept living and dining room with large windows offering plenty of natural light, complemented by wide-plank floors, a spacious...
  • With a separate entrance and a versatile layout already in place, there is also excellent potential for a future income or in-law suite.
  • Enjoy an established Queensway Village location close to Grand Avenue Park, Queensway Park, a growing mix of shops, restaurants and cafés along The Queensway as well...

Welcome to 111 Wesley Street, a charming brick bungalow on a deep 37 x 125 lot in Etobicoke's family-friendly Queensway neighbourhood. Well maintained and move-in ready, this 2+1 bedroom, 2-bathroom home on a mature, tree-lined street offers a practical layout, a finished lower level and plenty of potential to update and make it your own. The main level includes an open concept living and dining room with large windows offering plenty of natural light, complemented by wide-plank floors, a spacious kitchen with tile floors, a double sink and potential to update and personalize over time, two well-proportioned bedrooms with hardwood floors and closets and a 4-piece main bath. A separate side entrance leads to a substantial finished lower level, anchored by a large recreation room with a brick fireplace, beamed ceiling and dry bar- a comfortable space with plenty of personality for movie nights, entertaining or relaxing. An additional bedroom/flex room can serve as a home office, gym or playroom, while a 3-piece bath, laundry, cold storage, utility room and ample storage add everyday functionality. With a separate entrance and a versatile layout already in place, there is also excellent potential for a future income or in-law suite. Outside, the deep lot delivers a large backyard with a deck, patio and expansive lawn, while a private driveway and detached garage provide parking for five cars. Enjoy an established Queensway Village location close to Grand Avenue Park, Queensway Park, a growing mix of shops, restaurants and cafés along The Queensway as well as Costco, No Frills and all big box stores. Excellent local schools include Norseman JMS, Etobicoke CI, St. Louis, Bishop Allen and Etobicoke School of the Arts. Convenient access to TTC, Royal York and Islington subway stations, Mimico GO, the Gardiner and Hwy 427 makes getting around the city easy. Move-in and enjoy or reimagine the home over time-the possibilities are yours!

Key facts

Property type
Detached, Bungalow
MLS®
W13743400
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
37 × 125 ft
Cross streets
Wesley Street and Dalesford Road
Parking
1 garage · 5 parking (detached)
Driveway
Private
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,143 / 2025
Days on market
46
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Living RoomMain4.08 × 3.38 m

overlooks frontyard · large window

Utility RoomLower4.00 × 2.56 m

concrete floor · above grade window

LaundryLower3.19 × 2.94 m

laundry sink · closet · tile floor

Dining RoomMain3.12 × 2.55 m

Large Window

BedroomLower4.48 × 2.90 m

tile floor · above grade window

OtherLower3.38 × 1.64 m

dry bar · combined w/rec

Cold Room/CantinaLower1.48 × 1.39 m

concrete floor · b/i shelves

RecreationLower6.78 × 4.08 m

brick fireplace · beamed ceilings · above grade window

KitchenMain4.47 × 2.92 m

tile floor · double sink · backsplash

Primary BedroomMain4.36 × 3.12 m

hardwood floor · double closet · overlooks backyard

Bedroom 2Main3.32 × 3.18 m

hardwood floor · closet · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$1.34Mavg asking

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

Per square foot, these ask about $1,491/sqft; this home lists at $1,259/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.13MThis home1000k1.19M1.48M1.70MThis home vs active comparables

Neighbourhood & location

Stonegate-Queensway, 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
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Woodbine-Lumsden
$949K

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 Karen Kain School of the Arts
76%
Karen Kain School of the ArtsPublic · Elementary · 0.7 km awayAbove the GTA average · 76% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
George R Gauld Junior School · Public elementary0.5 km · 73% at standard
Etobicoke School of the Arts · Public secondary0.7 km · 80% at standard
David Hornell Junior School · Public elementary1.0 km · 68% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.1 km · 88% at standard
St Leo Catholic School · Catholic elementary1.2 km · 82% at standard
St Mark Catholic School · Catholic elementary1.2 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.4 km · 79% at standard
Castlebar Junior School · Public elementary1.4 km · 82% at standard
Park Lawn Junior and Middle School · Public elementary1.4 km · 71% at standard
John English Junior Middle School · Public elementary1.5 km · 73% at standard
Holy Angels Catholic School · Catholic elementary1.6 km · 84% at standard
Norseman Junior Middle School · Public elementary1.8 km · 77% at standard

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

Affordability & Mortgage

Affordability
$5,164/mo
$213KIncome needed
5.3×Price ÷ income
$1,192Weekly cost
$38,270Land 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.

92%mortgage
Mortgage $5,164Property tax $429Total carry $5,592

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)
$5,012per month

Mortgage amount $906,400 · 4.49% over 25 years

$226,600Down payment (20.0%)
$906,400Loan before insurance
$0CMHC premium
$5,440Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,012
Property tax
$429
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,440

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

One-time closing costs

Ontario land transfer tax
$19,135
Toronto municipal land transfer tax
$19,135
Estimated closing costs
$38,270

Plus your down payment of $226,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,066/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

$597,092Total interest paid
$1,503,492Total of all payments
Principal $906,400 Interest $597,092
YearPrincipalInterestBalance
1$20,227$39,913$886,173
2$21,145$38,994$865,028
3$22,105$38,034$842,922
4$23,109$37,031$819,813
5$24,158$35,981$795,655
6$25,255$34,884$770,399
7$26,402$33,738$743,997
8$27,601$32,539$716,397
9$28,854$31,286$687,543
10$30,164$29,976$657,379
11$31,534$28,606$625,845
12$32,965$27,174$592,880
13$34,462$25,678$558,418
14$36,027$24,113$522,391
15$37,663$22,477$484,729
16$39,373$20,767$445,356
17$41,160$18,979$404,196
18$43,029$17,111$361,167
19$44,983$15,157$316,184
20$47,025$13,115$269,159
21$49,160$10,979$219,999
22$51,392$8,747$168,606
23$53,726$6,414$114,880
24$56,165$3,975$58,715
25$58,715$1,424$0

At the end of your 5-year term

Total paid over the term
$300,698
Principal paid down
$110,745
Interest paid
$189,953
Balance remaining
$795,655

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$1,450/mo
$17,400Gross annual rent
0.8%Cap rate after taxes and upkeep

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.

1.5%
Gross yield
− Property tax $5,143− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $8,943

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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