15 Velma Drive

Stonegate-Queensway, Toronto, M8Z 2N2

$1,599,900

Reduced $50,100 from $1,650,000

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  • 3+2 bedrooms
  • 2 bathrooms
  • 2 parking
  • 1100-1500 sq ft

Listed 41 days ago · MLS® W13757754

About this home

15 Velma Drive offers a turn-key layout with exceptional versatility and access. The main level show cases a bright, open-concept layout connecting the kitchen directly to the living and dining areas. With three bedrooms on the main floor and a fully finished walkout basement-complete with a full bathroom and two additional bedrooms-this home is ideal for multi-generational living, hosting guests, or establishing dedicated home offices. Step outside to a relaxing backyard retreat featuring a private hot tub, perfect for unwinding after a long day. Located in a highly connected Etobicoke neighborhood, you are just minutes from the Bloor-Islington subway station for seamless transit access, quick routes to the QEW anddowntown Toronto, and close to local parks, schools, and shopping along the Bloor West corridor.

Details

Type
Detached
Style
Bungalow
Size
1100-1500 sq ft
Lot
40.25 × 124.58 ft
Basement
Separate Entrance, Walk-Out
Garage
Attached
Kitchens
1
Property tax
$6,003 (2025)
Neighbourhood
Stonegate-Queensway
Municipality
Toronto W07
Price per sq ft
$1,231 (14% above detached houses in Stonegate-Queensway, $1,076)

Interior

Bedrooms
3 above ground + 2 below
Bathrooms
1 × 4-piece (main), 1 × 4-piece (sub-basement)
Rooms
6 above ground + 4 below
Family room or den
No
Fireplace
No
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
Bungalow
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete Block
Faces
West

Parking

Garage spaces
1
Total parking
2
Driveway and parking
Private

Lot

Size
40.25 × 124.58 ft

More

Possession
Flexible
Cross street
Islington / Velma

Rooms

RoomLevelSizeFeatures
Living RoomMain5 × 3.61 m (16'5" × 11'10")Bamboo, Combined w/Dining, Open Concept
Dining RoomMain2.92 × 2.79 m (9'7" × 9'2")Bamboo, Combined w/Living, Open Concept
KitchenMain3.86 × 2.92 m (12'8" × 9'7")Bamboo, Quartz Counter, Centre Island
Primary BedroomMain4.09 × 2.74 m (13'5" × 9')Double Closet, Window
Bedroom 2Main4.09 × 3.17 m (13'5" × 10'5")Hardwood Floor, Double Closet, Window
Bedroom 3Main3.17 × 2.77 m (10'5" × 9'1")Bamboo, Closet, Window
RecreationBasement6.2 × 3.12 m (20'4" × 10'3")Open Concept, Electric Fireplace, 4 Pc Bath
Exercise RoomBasement6.48 × 3.3 m (21'3" × 10'10")Vinyl Floor, Open Concept, Window
Bedroom 2Basement3.73 × 2.85 m (12'3" × 9'4")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 Islington Subway1.4 km
  • 🚇 Kipling Subway1.5 km
  • 🚆 Kipling GO1.6 km

Within a 10-minute walk: 2 grocery stores, 3 cafés and restaurants, 6 parks. Nearest grocery: No Frills (200 m). Nearest park: Norseman Heights Park (150 m).

Schools nearby

Elementary

  • Norseman Junior Middle School
    EQAO: Gr 6 reading 93%, math 67%
    2 min walk
  • Castlebar Junior School
    EQAO: Gr 3 reading 83%, math 80%
    6 min walk
  • École élémentaire catholique Sainte-Marguerite-d'Youville Catholic · French
    EQAO: Gr 6 reading 100%, math 68%
    15 min walk
  • Sunnylea Junior School
    EQAO: Gr 3 reading 97%, math 100%
    1.3 km

Secondary

  • Bishop Allen Academy Catholic Secondary School Catholic · Private
    EQAO: Gr 9 math 81%, literacy test 94%
    17 min walk
  • Etobicoke School of the Arts
    EQAO: Gr 9 math 68%, literacy test 92%
    1.2 km
  • Karen Kain School of the Arts1.4 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M8Z

Owners / renters
80% / 20%
Median household income
$111,000
Average age
41
Children under 15
15%
Homes
55% detached, 23% high-rise
Commute by transit
18%
Population
19,312

Languages spoken most at home besides English: Tibetan 2.5%, Italian 1.8%, Portuguese 1.4%, Polish 1.3%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Stonegate-Queensway (2025): 25% below the Toronto average, down 13% from the year before.

  • Assault39% below average
  • Break and enterabout average
  • Auto theftabout average
  • Robbery48% below average
  • Theft from vehicles39% below average
  • Shootings67% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 2 active

  • 1040 ISLINGTON AVE · 200 m
    Site Plan · Under Review · applied 2022
    Site Plan Approval - The proposal contemplates a 10-storey building containing 175 dwelling units. The proposal contains a total gross floor area (GFA) of…
    Application details
  • 1040 ISLINGTON AVE · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    The proposal contemplates a 10-storey building containing 175 dwelling units. The proposal contains a total gross floor area (GFA) of 12,517m2. It also…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 11 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built RD

Residential Detached.

  • ✅ Up to 4 homes on the lot (multiplex)
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

67 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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