40 Wheatsheaf Crescent, Toronto, ON

$859,000
MLS#:W13222708
3 beds
2 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Black Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $859,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 50 x 120 ft lot
  • Features a full, partially finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Floor Drain, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 40 Wheatsheaf Crescent, a well-maintained family home offering exceptional potential in a desirable neighbourhood. While the interior reflects its original character, the home has been lovingly cared for and is clean, comfortable, and move-in ready. The main living spaces provide a functional layout with plenty of opportunity to update and customize to your taste. The partially finished basement includes a full 4-piece bathroom and offers excellent potential for additional living space, a recreation area, or future income-generating possibilities with further renovation. Step outside and discover the true highlight of this property-an impressive backyard retreat. Surrounded by mature trees that provide privacy and natural beauty, this expansive outdoor space is perfect for relaxing or entertaining. A large concrete patio creates the ideal setting for summer gatherings, outdoor dining, and family enjoyment, while the generous lot offers plenty of room for gardening, play, or future landscaping projects. Whether you're a first-time buyer, investor, or someone looking to create their dream home, 40 Wheatsheaf Crescent presents a rare opportunity to own a solid, well-kept property with tremendous upside and an exceptional outdoor oasis.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Partially Finished, Separate Entrance
Lot Size50 × 120 Feet
CountyToronto
Annual Tax$3,770.44
Legal DescriptionPLAN 6530 LOT 358

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Carpet Free, Floor Drain, Primary Bedroom - Main Floor

Security Features

Alarm System, Carbon Monoxide Detectors, Security System, Smoke Detector

Community Features

Location

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40 Wheatsheaf Crescent, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Wheatsheaf Crescent, Toronto W05, ON M3N 1P6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$60,900 (7.1%)
* Minimum Canadian down payment required for this price is $60,900.
Amortization Period25 Years
Estimated Monthly Payment$4,756Based on a loan of $798,100 over 25 years.
Purchase Price$859,000
Loan Amount$798,100
Provincial Land Transfer Tax:$13,655
Toronto Municipal Land Transfer Tax:$13,655
Total Estimated Closing Taxes:$27,310

About Purchasing a Home in Toronto, ON

For a property listed at $859,000 in Toronto, the legal minimum down payment is $60,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,655 also applies, bringing the total estimated land transfer taxes to $27,310.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Black Creek, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$671,397

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Charles
Public20 Stong Court, Toronto, Ontario, M3N 2X9
4.5
St Charles Garnier
Public20 Stong Court, Toronto, Ontario, M3N 2X9
3.9
St Augustine
Public98 Shoreham Drive, Toronto, Ontario, M3N 1S9
6.4
St Francis de Sales
Public333 Firgrove Crescent, Toronto, Ontario, M3N 1K9
3.2
St Wilfrid
Public1685 Finch Avenue West, Toronto, Ontario, M3J 2G8
5.6

Secondary Schools

Westview Centennial
Public755 Oakdale Road, Toronto, Ontario, M3N 1W7
1.6
C W Jefferys
Public340 Sentinel Road, Toronto, Ontario, M3J 1T9
2.9
James Cardinal McGuigan
Public1440 Finch Avenue West, Toronto, Ontario, M3J 3G3
5.9
Emery
Public3395 Weston Road, Toronto, Ontario, M9M 2V9
2.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.