$1,099,999

7 Velma Drive, Toronto W07, ON M8Z 2N2

Stonegate-Queensway, Toronto,

| | | 1,500 sq.ft. |

Properties with this icon are courtesy of TRREB.

A welcoming bungalow with so much to offer. This 3-bed, 2-bath home sits on a generous 40 x 124 ft lot, giving you room to breathe, play, and grow. Picture sunny afternoons planting your favourite flowers, growing veggies, or simply enjoying the extra yard space with kids, pets, or weekend get-togethers. Inside, hardwood floors flow through the open-concept living and dining areas, perfect for everyday comfort or hosting family and friends. The finished basement comes complete with a bedroom, bathroom, full kitchen, and a separate entrance. Whether you're envisioning an in-law suite, space for extended family, or rental income potential, the options are endless. Topping it all off is a detached 2-car garage and a driveway with plenty of parking. Plus, you're close to everyday amenities and just steps from the school down the street, making life that much more convenient. With its sunlit main floor, versatile lower level, and outdoor space that invites you to put down roots, this is the kind of home that grows with you today, tomorrow, and for years to come. True Value on Velma - ready to welcome its next family home.

Property Info
MLS®: W12410133
Listing Courtesy of ROYAL LEPAGE SUPREME REALTY
Total Bedrooms 4
Total Bathrooms 2
Basement 1
Floor Space 1100-1500 sq.ft.
Lot Size 5014 sq.ft.
Style Bungalow
Last Updated 2025-09-17
Property Type House
Listed Price $1,099,999
Unit Pricing $733/sq.ft.
Tax Estimate $6,500/Year
Rooms
More Details
Exterior Finish Brick
Parking Cover 2
Parking Total 3
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 90
  • Architectural Style: Bungalow
  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • DirectionFaces: South
  • GarageType: Detached
  • Directions: Islington & Norseman
  • Taxes and HOA Information
  • Tax Year: 2025
  • Parking
  • ParkingSpaces: 3
  • Parking Total: 5
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 1
  • WashroomsType1Level: Main
  • WashroomsType2: 1
  • WashroomsType2Level: Basement
  • Bedrooms Information
  • BedroomsAboveGrade: 3
  • BedroomsBelowGrade: 1
  • Interior Features
  • Interior Features: In-Law Capability, Primary Bedroom - Main Floor
  • Basement: Finished, Separate Entrance
  • Cooling: Central Air
  • HeatSource: Gas
  • HeatType: Forced Air
  • Exterior Features
  • ConstructionMaterials: Brick
  • Exterior Features: Porch
  • Roof: Shingles
  • Pool Features: None
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Concrete
  • Lot Information
  • Parcel Number: 075220050
  • LotSizeUnits: Feet
  • LotDepth: 124.58
  • LotWidth: 40.25
  • Others
Sold History
MAP & Nearby Facilities (The data is not provided by TRREB)
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OPEN HOUSES (The data is not provided by TRREB)
2025-09-20 02:00 PM - 04:00 PM
2025-09-21 02:00 PM - 04:00 PM
School Catchments
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