34 Walwyn Avenue, Toronto, ON

Humberlea-Pelmo Park W4, Toronto · MLS® W13791064

$1,685,000
For Sale
Listed 13 days agoNo offer date stated
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4+2Bedrooms
3Bathrooms
2Garage · 8 parking
1500-2000Sq ft

About this home

In short

  • Welcome to 34 Walwyn Ave, nestled on a premium 65 x 126 ft lot that backs directly onto Wallace C.
  • Swanek Park. in the heart of Humberlea, This beautifully renovated home offers approximately 2,982 sq. ft. of total living space, featuring 4 spacious bedrooms plus a...
  • The main floor boasts a bright open-concept layout with oversized windows that flood the home with natural light.
  • Enjoy a modern chef's kitchen complete with quartz countertops, stainless steel appliances, and stylish finishes throughout.
  • Additional upgrades include a new furnace (2021), replaced side door (2022), and new washer & dryer (2024).

Welcome to 34 Walwyn Ave, nestled on a premium 65 x 126 ft lot that backs directly onto Wallace C. Swanek Park. in the heart of Humberlea, This beautifully renovated home offers approximately 2,982 sq. ft. of total living space, featuring 4 spacious bedrooms plus a finished 2-bedroom basement suite with a separate entrance. The main floor boasts a bright open-concept layout with oversized windows that flood the home with natural light. Enjoy a modern chef's kitchen complete with quartz countertops, stainless steel appliances, and stylish finishes throughout. The Inviting family room features a cozy fireplace, while elegant glass stair railings and pot fights add a contemporary touch. Upstairs, you'll find 4 generously sized bedrooms designed for comfortable family living. The finished basement offers excellent flexibility for extended family or Income potential. (The sellers currently use the home as a single-family residence and removed a dividing wall, which can easily be reinstated if desired.) Step outside to a large fenced backyard, perfect for entertaining or relaxing, along with a newly redone back patio(2021). Additional upgrades include a new furnace (2021), replaced side door (2022), and new washer & dryer (2024). Complete with a 2-car garage and driveway parking for up to 6 vehicles on the driveway, this move-in-ready home combines modern upgrades, space, and exceptional value in a highly sought-after neighborhood.

Key facts

Property type
Detached, Sidesplit 3
MLS®
W13791064
Bedrooms
4+2 (6 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
65 × 125 ft
Cross streets
Gary & Walwyn
Parking
2 garage · 8 parking (built-in)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,369 / 2025
Days on market
13
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Bedroom 4Main4.28 × 3.47 m
KitchenLower7.58 × 3.12 m

Eat-in Kitchen

LaundryLower2.97 × 3.11 m
Primary BedroomMain2.95 × 5.72 m
BedroomLower3.96 × 3.17 m
KitchenMain3.58 × 4.09 m

Modern Kitchen

Dining RoomMain3.21 × 3.85 m

hardwood floor · fireplace

BedroomLower3.51 × 3.11 m
Bedroom 2Main3.44 × 4.20 m
Family RoomLower3.96 × 4.20 m
Living RoomMain4.05 × 4.87 m
Bedroom 3Main4.28 × 3.37 m
Our TakeTeam Asgarian · Broker
Worth a closer look
$1.23Mautomated estimate, from recent sales

Listed at $1,685,000, about 37% above our estimate of $1.23M (homes like it typically land between $1.16M and $1.29M). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.

Why $1.23M. 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:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it2 garage and 8 total parking spaces, against 2 and 4 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $5,369 a year; the typical home sold here pays about $5,600.
List price
$1.16MBelow our range$1.69MAbove our range

Total price vs nearby homes. Fair value about $1.23M, learned from recent GTA sales.

The market behind the math:

13days on market so far
$3,065/moest. rent · 7 leases
2.2%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $963/sqft against an area asking average of $727/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed 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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.33M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. 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 5 comparable homes that sold in Humberlea-Pelmo Park W4 over the past two years, from 38 closings there.

What sellers nearby are askingCurrently listed nearby in Humberlea-Pelmo Park W4 · asking prices
$1.27Mavg 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 $1.57M, which is where my estimate comes from.

Per square foot, these ask about $724/sqft; this home lists at $963/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.69MThis home989k1.40M1.68M999kThis home vs active comparables

Neighbourhood & location

Humberlea-Pelmo Park W4, 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
$1.32M
High Park-Swansea
$2.20M
Willowdale West
$1.30M
St. Andrew-Windfields
$8.80M
Banbury-Don Mills
$2.12M

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 Pelmo Park Public School
43%
Pelmo Park Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 43% meet the provincial standard
St. John the EvangelistEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John the Evangelist Catholic School · Catholic elementary0.6 km · 61% at standard
H J Alexander Community School · Public elementary0.8 km · 68% at standard
Weston Memorial Junior Public School · Public elementary1.0 km · 85% at standard
St Simon Catholic School · Catholic elementary1.6 km · 67% at standard
St Andre Catholic School · Catholic elementary1.6 km · 66% at standard
St Bernard Catholic School · Catholic elementary1.9 km · 54% at standard
Portage Trail Community School · Public elementary2.0 km · 44% at standard
Chaminade College School · Catholic secondary2.1 km · 66% at standard
Chalkfarm Public School · Public elementary2.1 km · 38% at standard
Valleyfield Junior School · Public elementary2.2 km · 77% at standard
School of Experiential Education · Public secondary2.2 km
Brookhaven Public School · Public elementary2.2 km · 31% at standard

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

Affordability & Mortgage

Affordability
$7,680/mo
$309KIncome needed
5.5×Price ÷ income
$1,772Weekly cost
$60,350Land 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.

94%mortgage
Mortgage $7,680Property tax $447Total carry $8,127

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,453per month

Mortgage amount $1,348,000 · 4.49% over 25 years

$337,000Down payment (20.0%)
$1,348,000Loan before insurance
$0CMHC premium
$7,901Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,453
Property tax
$447
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,901

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

One-time closing costs

Ontario land transfer tax
$30,175
Toronto municipal land transfer tax
$30,175
Estimated closing costs
$60,350

Plus your down payment of $337,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,021/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

$887,997Total interest paid
$2,235,997Total of all payments
Principal $1,348,000 Interest $887,997
YearPrincipalInterestBalance
1$30,082$59,358$1,317,918
2$31,447$57,992$1,286,471
3$32,875$56,565$1,253,596
4$34,368$55,072$1,219,228
5$35,928$53,511$1,183,299
6$37,560$51,880$1,145,740
7$39,265$50,175$1,106,475
8$41,048$48,392$1,065,427
9$42,912$46,528$1,022,515
10$44,860$44,580$977,655
11$46,897$42,543$930,758
12$49,026$40,414$881,732
13$51,252$38,188$830,480
14$53,579$35,861$776,901
15$56,012$33,428$720,889
16$58,555$30,885$662,334
17$61,214$28,226$601,121
18$63,993$25,447$537,128
19$66,898$22,541$470,230
20$69,936$19,504$400,294
21$73,111$16,329$327,182
22$76,431$13,009$250,751
23$79,901$9,539$170,850
24$83,529$5,911$87,321
25$87,321$2,118$0

At the end of your 5-year term

Total paid over the term
$447,199
Principal paid down
$164,701
Interest paid
$282,499
Balance remaining
$1,183,299

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 7 whole-home leases in Humberlea-Pelmo Park W4$3,065/mo
$36,780Gross annual rent
1.5%Cap rate after taxes and upkeep
$2,820 to $4,597Typical rent range

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 numbers

The last 7 whole-home leases in Humberlea-Pelmo Park W4 signed at a median of $1,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,065. 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.

2.2%
Gross yield
− Property tax $5,369− Insurance $1,400− Vacancy & upkeep $4,046Net operating income $25,965

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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