85 Wheeler Avenue, Toronto E02

Price: $3,595,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: New Construction

MLS#: E13085438

This grand, fully detached home, set on a quiet, tree-lined street in the heart of the Beaches, just north of Queen, with a private drive and attached garage, offers a rare balance of scale, flow, and refined craftsmanship for modern family living. A beautifully landscaped front, framed by rock gardens and a generous wraparound porch, sets an elegant tone. Inside, a proper foyer introduces a thoughtfully designed main level anchored by a striking multi-sided fireplace. Solid oak floors run throughout enhancing the architectural distinction at the home's centre. The layout is both graceful and functional, with formal living and dining rooms featuring crown moulding, recessed lighting, high ceilings and expansive windows. The living room, with its stylish fireplace and bay window overlooking the porch, offers an inviting setting for quiet evenings or entertaining. A soaring family room flows into a chef-inspired kitchen with full-height shaker cabinetry, premium appliances, and an expansive breakfast bar. A sunlit eat-in area overlooks the garden, while a walkout leads to a private outdoor retreat with built-in BBQ, gas line, and irrigation - ideal for effortless summer living. Upstairs, the primary suite provides a serene retreat with tray ceilings, heated floors, a walk-in closet, spa-like ensuite with double vanities and hex tile detailing, and a private south and east-facing balcony. 3 additional bedrooms offer hardwood floors, California shutters, 2 have custom built-ins, and all are flexible spaces for family, guests, or a home office. The lower level adds versatility with a bright, open layout, high ceilings, a 3 pc bath, laundry, and separate garage entrance - ideal for a media room, gym, and / or guest suite. The dedicated garage and private drive parking is a rare find for this area! Steps to Kew Gardens, the lake, and the beach, and moments to Queen Street, with easy downtown access via TTC or Lakeshore - this is a sophisticated, move-in ready Beaches home.

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$3,595,000 - 85 Wheeler Avenue, The Beaches

New Construction for Sale in The Beaches

39 days on market
4Beds
4Baths
2,500 - 2,999Sq Ft
New Construction
Property Details
MLS Number
E13085438
Property Type
New Construction
Status
active
Days on Site
39
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
ROYAL LEPAGE/J & D DIVISION
Description

This grand, fully detached home, set on a quiet, tree-lined street in the heart of the Beaches, just north of Queen, with a private drive and attached garage, offers a rare balance of scale, flow, and refined craftsmanship for modern family living. A beautifully landscaped front, framed by rock gardens and a generous wraparound porch, sets an elegant tone. Inside, a proper foyer introduces a thoughtfully designed main level anchored by a striking multi-sided fireplace. Solid oak floors run throughout enhancing the architectural distinction at the home's centre. The layout is both graceful and functional, with formal living and dining rooms featuring crown moulding, recessed lighting, high ceilings and expansive windows. The living room, with its stylish fireplace and bay window overlooking the porch, offers an inviting setting for quiet evenings or entertaining. A soaring family room flows into a chef-inspired kitchen with full-height shaker cabinetry, premium appliances, and an expansive breakfast bar. A sunlit eat-in area overlooks the garden, while a walkout leads to a private outdoor retreat with built-in BBQ, gas line, and irrigation - ideal for effortless summer living. Upstairs, the primary suite provides a serene retreat with tray ceilings, heated floors, a walk-in closet, spa-like ensuite with double vanities and hex tile detailing, and a private south and east-facing balcony. 3 additional bedrooms offer hardwood floors, California shutters, 2 have custom built-ins, and all are flexible spaces for family, guests, or a home office. The lower level adds versatility with a bright, open layout, high ceilings, a 3 pc bath, laundry, and separate garage entrance - ideal for a media room, gym, and / or guest suite. The dedicated garage and private drive parking is a rare find for this area! Steps to Kew Gardens, the lake, and the beach, and moments to Queen Street, with easy downtown access via TTC or Lakeshore - this is a sophisticated, move-in ready Beaches home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,901.90/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,876,000Interest: $1,894,569
Mortgage Amount$2,876,000
Total Interest$1,894,569
Est. Property Tax$2,546/mo
Total Cost$4,770,569

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

85 Wheeler Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$2,546
Insurance (est.)-$749
Net Cash Flow+$255

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 $1438/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 39 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.

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 4 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 $14,979 (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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    MLS# E13085438 — 85 Wheeler Avenue, The Beache… | Battaglia Team