$1,524,900 - 158 Waverley Road, The Beaches
Detached for Sale in The Beaches
- MLS Number
- E13181854
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Fantastic detached property on a prime Beach street with parking! A large 2 storey addition makes this space spacious and bright with amazing ceiling heigh in the basement with full walk out to the back yard with additional 2nd car parking potential. The upper floor boasts a huge walkout deck that has been built to add on an additional extension giving you the ability to extent the upper floor footprint considerably! This classic beach family home is located steps to vibrant Queen St. East shops, restos, and beautiful Kew Gardens, the boardwalk and the Lake! You could not ask for a better location! This property has been lovingly maintained and expanded by the current owners. Same owners for the past 20 years. Steps to fantastic transit, Kew Beach and Glen Ames School districts. Basement has many options to be used for family space, in-law use, or rental. Current wet bar could easily be converted to a full kitchen. Deceivingly large with just under 2000 sq ft of total finished space. Large storage area with pull down staircase on the third level! Open House Saturday and Sunday 2-4.
Estimate your monthly payments for this property
Estimated Payment
$6,745.15/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
158 Waverley Road, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1386/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in The Beaches are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,354 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.