269 Gary Drive, Toronto, ON
Humberlea-Pelmo Park W4, Toronto · MLS® W13787130
About this home
In short
- Located in Toronto's desirable Old Weston neighbourhood, this charming cozy yet spacious bungalow is ideally situated close to schools, the GO Train, public transit...
- The finished basement provides valuable additional living space, with potential for an in-law suite or rental opportunity, subject to the appropriate requirements and...
Located in Toronto's desirable Old Weston neighbourhood, this charming cozy yet spacious bungalow is ideally situated close to schools, the GO Train, public transit, highways, and parks. Whether you're a family looking for a welcoming community, a commuter seeking convenience, or an investor looking for potential, this property offers an excellent opportunity. Warm and inviting, this home offers plenty of space and great potential, while being ready for your personal touch. With some updating and your own vision, you can transform it into a home that truly reflects your style and needs. Set on a beautiful, generously sized lot surrounded by mature trees and wonderful neighbours, this property offers a rare combination of space, location, and opportunity. There is plenty of room to create something special while enjoying the character and established feel of this wonderful neighbourhood. Whether you're looking to renovate, settle into a cozy bungalow, or invest for the future, the possibilities are endless. The finished basement provides valuable additional living space, with potential for an in-law suite or rental opportunity, subject to the appropriate requirements and approvals, adding even more versatility and value. The property also offers a spacious backyard with room for family activities, outdoor enjoyment and future possibilities. An excellent opportunity for a growing family, multi-generational household, investor or builder looking to create value in a well-established community. Don't miss the opportunity to make this special property your own!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- W13787130
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 60 × 120 ft
- Cross streets
- Oak St / Weston Rd
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,018 / 2025
- Days on market
- 14
- Listing brokerage
- ANALYST REALTY INC.
Listed at $1,098,900, about 9% above our estimate of $1.00M (homes like it typically land between $941K and $1.05M).
Why $1.00M. The typical detached home sold in Humberlea-Pelmo Park W4 over the past year went for about $1.15M (17 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,018 a year; the typical home sold here pays about $5,600.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
Total price vs nearby homes. Fair value about $1.00M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $845/sqft against an area asking average of $743/sqft.
- Separate-entrance basement apartment features. A finished basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Humberlea-Pelmo Park W4: 8 of the 25 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.11M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- 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 C R Marchant Middle School. 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
There were not many closely comparable homes right in Humberlea-Pelmo Park W4, so I widened the search to the surrounding area.
Based on 14 comparable homes that sold in Humberlea-Pelmo Park W4 over the past two years, from 38 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.00M, which is where my estimate comes from.
Per square foot, these ask about $622/sqft; this home lists at $845/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Humberlea-Pelmo Park W4, 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $879,120 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,861
- Property tax
- $418
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,279
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,453
- Toronto municipal land transfer tax
- $18,453
- Estimated closing costs
- $36,906
Plus your down payment of $219,780. 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
- $291,648
- Principal paid down
- $107,412
- Interest paid
- $184,236
- Balance remaining
- $771,708
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
The suite is real income here: basements rent in Humberlea-Pelmo Park W4 (8 of 25 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Humberlea-Pelmo Park W4 signed at a median of $2,100 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,794. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ANALYST REALTY INC.. MLS®/PropTx.