195 Wheeler Avenue, Toronto E02

Price: $1,099,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: E13163788

Tucked beneath a canopy of mature trees on one of the Beaches' most coveted streets, 195 Wheeler Ave is a charming semi-detached that perfectly balances character and modern updates.Step inside and you're greeted by a bright, open main floor with hardwood throughout. The spacious living room flows into a generous dining area, with plenty of room for family gatherings. The fully updated kitchen impresses with beautiful white cabinetry, granite countertops, subway tile backsplash, a farmhouse sink, and stainless-steel appliances. A functional and stylish space any home chef will love!Upstairs, vaulted ceilings and skylights fill the home with natural light. The primary bedroom is a peaceful retreat with treetop views, while the second bedroom offers flexibility for growing families or a dedicated home office. A sleek 3-piece bath with glass shower and marble tile completes the upper level.The finished basement with a separate entrance is the perfect in-law suite, featuring its own kitchen, a 3-piece bath, and a large open living area.Outside, enjoy a private backyard perfect for entertaining. The property includes legal 1-car parking with ample space for a second vehicle.Steps to Kew Gardens, the boardwalk, top-rated schools, and the shops and restaurants of Queen Street East. This is Beaches living at its best.

195 Wheeler Avenue - Townhouse photo 1 of 46 in The Beaches / Upper Beaches, Ontario
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active
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$1,099,000 - 195 Wheeler Avenue, The Beaches

Townhouse for Sale in The Beaches

3Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
E13163788
Property Type
Townhouse
Status
active
Days on Site
25
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
CENTURY 21 B.J. ROTH REALTY LTD.
Description

Tucked beneath a canopy of mature trees on one of the Beaches' most coveted streets, 195 Wheeler Ave is a charming semi-detached that perfectly balances character and modern updates.Step inside and you're greeted by a bright, open main floor with hardwood throughout. The spacious living room flows into a generous dining area, with plenty of room for family gatherings. The fully updated kitchen impresses with beautiful white cabinetry, granite countertops, subway tile backsplash, a farmhouse sink, and stainless-steel appliances. A functional and stylish space any home chef will love!Upstairs, vaulted ceilings and skylights fill the home with natural light. The primary bedroom is a peaceful retreat with treetop views, while the second bedroom offers flexibility for growing families or a dedicated home office. A sleek 3-piece bath with glass shower and marble tile completes the upper level.The finished basement with a separate entrance is the perfect in-law suite, featuring its own kitchen, a 3-piece bath, and a large open living area.Outside, enjoy a private backyard perfect for entertaining. The property includes legal 1-car parking with ample space for a second vehicle.Steps to Kew Gardens, the boardwalk, top-rated schools, and the shops and restaurants of Queen Street East. This is Beaches living at its best.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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.

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Neighbourhood Guide: The Beaches / Upper Beaches

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

195 Wheeler Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,543

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1570/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 25 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in The Beaches have shown strong appreciation as families seek more space.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    195 Wheeler Avenue | $1,099,000 | Battaglia Team