24 Waverley Road, Toronto E02

Price: $2,599,900

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13418580

24 Waverley RoadWelcome to one of the most special addresses in The Beaches.Nestled at the very end of coveted Waverley Road, this classic Arts & Crafts residence occupies an extraordinary setting where the boardwalk, beach, tennis club and lake become an extension of your front yard. Wake up to the sights and sounds of the waterfront, step out for a morning walk along the boardwalk, and enjoy the vibrant village atmosphere of Queen Street East just moments from your door. In Kew Beach School and Malvern School Zone. Rich in character and timeless craftsmanship, this detached family home showcases beautiful woodwork, warm inviting spaces and the architectural charm that defines the finest Beach homes. Offering three spacious bedrooms, two bathrooms, a finished lower level with an additional bedroom, and exceptional flexibility throughout, the home blends historic charm with everyday functionality.A standout feature is the detached garage with a finished upper-level suite complete with its own kitchen and bathroom. Whether used as a guest retreat, creative studio, work-from-home space, teen hangout, nanny suite or accommodation for extended family, it adds tremendous value and versatility.Rarely found in this location, the property also offers parking for three vehicles through a combination of mutual drive and private driveway access.Few homes offer this combination of location, character and lifestyle. With the beach at your doorstep, tennis courts across the street, the boardwalk around the corner and the shops and restaurants of Queen Street East just steps away, 24 Waverley Road represents a truly unique opportunity to own a piece of The Beaches at its very best.

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active
New Listing
1/50

$2,599,900 - 24 Waverley Road, The Beaches

Detached for Sale in The Beaches

New — Listed 4 days ago
4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13418580
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
REAL ESTATE HOMEWARD
Description

24 Waverley RoadWelcome to one of the most special addresses in The Beaches.Nestled at the very end of coveted Waverley Road, this classic Arts & Crafts residence occupies an extraordinary setting where the boardwalk, beach, tennis club and lake become an extension of your front yard. Wake up to the sights and sounds of the waterfront, step out for a morning walk along the boardwalk, and enjoy the vibrant village atmosphere of Queen Street East just moments from your door. In Kew Beach School and Malvern School Zone. Rich in character and timeless craftsmanship, this detached family home showcases beautiful woodwork, warm inviting spaces and the architectural charm that defines the finest Beach homes. Offering three spacious bedrooms, two bathrooms, a finished lower level with an additional bedroom, and exceptional flexibility throughout, the home blends historic charm with everyday functionality.A standout feature is the detached garage with a finished upper-level suite complete with its own kitchen and bathroom. Whether used as a guest retreat, creative studio, work-from-home space, teen hangout, nanny suite or accommodation for extended family, it adds tremendous value and versatility.Rarely found in this location, the property also offers parking for three vehicles through a combination of mutual drive and private driveway access.Few homes offer this combination of location, character and lifestyle. With the beach at your doorstep, tennis courts across the street, the boardwalk around the corner and the shops and restaurants of Queen Street East just steps away, 24 Waverley Road represents a truly unique opportunity to own a piece of The Beaches at its very best.

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Estimated Payment

$11,500.23/mo

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5-yr fixed avg.

Principal: $2,079,920Interest: $1,370,150
Mortgage Amount$2,079,920
Total Interest$1,370,150
Est. Property Tax$1,842/mo
Total Cost$3,450,070

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

24 Waverley Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,842
Insurance (est.)-$542
Net Cash Flow+$816

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 $1733/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.

Just Listed - Act Strategically

This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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 $10,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    24 Waverley Road, The Beaches… — $2,599,900 | Battaglia Team