221 Westmoreland Ave is a 4-bedroom, 4-bathroom detached home in Toronto, listed for $1,039,000. It has 1500-2000 sq ft of living space.
1This corner property offers a three-storey structure plus basement, with a separate entrance and great potential for renovation, restoration, or redevelopment.
2Conveniently located near schools, parks, shopping, TTC, and subway access.
3Ideal for experienced investors, contractors, or builders looking to unlock its future potential.
.**Attention Investors, Renovators & Builders!** Excellent opportunity at **221 Westmoreland Avenue, Toronto**, in a highly desirable and established neighbourhood. This corner property offers a three-storey structure plus basement, with a separate entrance and great potential for renovation, restoration, or redevelopment. Conveniently located near schools, parks, shopping, TTC, and subway access. Ideal for experienced investors, contractors, or builders looking to unlock its future potential. Property being sold in **"As Is, Where Is" condition**, with no representations or warranties regarding its condition. Buyer to conduct their own due diligence
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $693 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 221 Westmoreland Ave
Every detail from the listing, in one place.
Type
Detached
Style
3-Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
23.50 x 52.00 Feet
Basement
Finished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Finished
Lot & land
Lot dimensions
23.50 x 52.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Detached
221 Westmoreland Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,104
/mo
based on the purchase price of $1,039,000
$207,800 cash
$831,200 financed
$700,089 total interest
Principal54%$831,200
Interest46%$700,089
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings11,952Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
221 Westmoreland Ave is listed at $1,039,000 (MLS® W13797550). Summitly updates the price as soon as the MLS® record changes.
Is $1,039,000 a good price for 221 Westmoreland Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 221 Westmoreland Ave changed?
Yes — it was first listed at $1,086,750 and is now $1,039,000, a drop of $47,750 (4.4%).
How many bedrooms and bathrooms does 221 Westmoreland Ave have?
221 Westmoreland Ave has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 221 Westmoreland Ave close to transit?
The nearest rapid-transit station is Ossington Station (Line 2), about 710 m (about a 9-minute walk) in a straight line. Dufferin Station is about 760 m (about a 10-minute walk), and Lansdowne Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 221 Westmoreland Ave?
About $5,104 a month — principal and interest on $1,039,000 with 20% down ($207,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 221 Westmoreland Ave compare with other homes in Toronto?
Its asking price of $1,039,000 is about 24% above the median sold price in Toronto over the last 90 days, $840,000, across 9,290 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 221 Westmoreland Ave been sold before?
Summitly has no earlier MLS® sale or lease of 221 Westmoreland Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 221 Westmoreland Ave?
221 Westmoreland Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 221 Westmoreland Ave been on the market?
53 days — 221 Westmoreland Ave was listed on September 17, 2026.
What is the price per square foot of 221 Westmoreland Ave?
About $520 to $693 per square foot: the asking price of $1,039,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 221 Westmoreland Ave have a basement, and is it finished?
