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7 Velma Drive in Toronto for sale

Asking price
$1,099,999
Estimate (Sep 17)
$1,229,983
MLS #:
W12410133
Type:
Detached, Bungalow
Approx. SQFT:
1100-1500
Basement:
Finished, Sep Entrance
3+1 3+1
2 40.25 x 124.58 ft lot

Listed by Royal Lepage Supreme Realty.

7 Velma Drive is a Detached, Bungalow and is currently for Sale @ $1,099,999. Taxes in 2025 were $6,500.23.

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A welcoming bungalow with so much to offer. The Bungalow on 7 Velma Drive has 3 bedrooms, 2 bathrooms, and is located on a 124.58 x 40.25 ft lot in the community of Stonegate-Queensway . 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.

Fridge x2, Stove x2, Washer & Dryer. All existing light fixtures and window coverings. (Roof 2021)

The address 7 Velma Drive was listed for sale (MLS# W12410133) on Wednesday, September 17, 2025.

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  • Date Listed: Wednesday, September 17, 2025
  • Listing Brokerage: Royal Lepage Supreme Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Supreme Realty and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 7 Velma Drive
  • City: Toronto

    More 3 bedrooms homes for sale in Toronto

  • Neighbourhood: Stonegate-Queensway
  • Major Intersection: Islington & Norseman
  • Full Address: 7 Velma Drive, Toronto, M8Z 2N2, Canada, ON, Canada
  • Kitchen: Tile Floor, Window
  • Living Room: hardwood floor, Large Window
  • Living Room: Broadloom, Window
  • Amenities:
  • Taxes: $6,500.23 (2025)
Kitchen14 x 11 ft154 sq ft
Living19 x 12 ft228 sq ft
Dining14 x 9 ft126 sq ft
Primary14 x 12 ft168 sq ft
2nd Br12 x 10 ft120 sq ft
3rd Br11 x 10 ft110 sq ft
Living25 x 13 ft325 sq ft
Br14 x 8 ft112 sq ft
  • Saturday - September 20 2:00 - 4:00 PM
  • Sunday - September 21 2:00 - 4:00 PM

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WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.