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MLS® E13687620For SaleDetached

48 Tower Dr

Wexford-Maryvale, Toronto, Ontario M1R 3N9

Map
1 / 26
48 Tower Dr, Toronto, photo 1
Asking$1,199,000
Bedrooms
4
Bathrooms
2
Size
1,500–2,000sq ft
Per sq ft
$685at the range’s middle
Lot
40 x 125 ft
Tax a year
$4,5592026 tax year
Parking
4none
Days on market
Members

The brief

About 48 Tower Dr

48 Tower Dr is a 4-bedroom, 2-bathroom detached house in Wexford-Maryvale, Toronto, listed for sale at an asking price of $1,199,000 (MLS® E13687620).

***4 BEDROOMS!!! RENOVATED & MOVE-IN READY!!! BACKING ONTO GREENSPACE!!!*** Nestled in the heart of Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting 1950 sq ft of above-grade living space, this property delivers the space today's families are searching for. The main floor welcomes you with a bright, spacious foyer featuring a large closet and a 2-piece bath with cozy in-floor heating. Step into the open-concept living, dining, and kitchen area flooded with natural light and finished with hardwood floors - whether hosting family or entertaining friends, this inviting space brings everyone together. Walk out to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views. In the cooler months, gather around the custom wood-burning fireplace, creating the perfect cozy retreat. The updated kitchen is stylish and functional, featuring granite countertops, stainless steel appliances, and timeless finishes. Upstairs, you'll find 4 spacious bedrooms with hardwood floors throughout, including a primary suite complete with a walk-in closet and semi-ensuite access (with more cozy in-floor heating!). The basement provides abundant additional space ready to suit your needs. Partially finished and versatile, it's perfect for a home office, gym, rec room, or hobby space, while offering ample storage and future potential to grow with you. Located within an established family-friendly community with mature tree-lined streets, pride of ownership, and a welcoming atmosphere. Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze. Beautifully updated, lovingly cared for, and move-in ready...there's nothing left to do but pack your bags!

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,801/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 195 detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,559 / 2026
MLS® number
E13687620
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
1500-2000 sqft
Lot Size
40 x 125 ft
Listed on
Parking
None, 4 Parking
Listing brokerage: ROYAL LEPAGE SIGNATURE REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
1 1/2 Storey
Community
Wexford-Maryvale
Municipality
Toronto

Building

Size
1500-2000 sqft
Construction
Brick

Inside

Bedrooms
4
Bathrooms
2
Bathroom Details
1 × 2pc Main, 1 × 5pc 2nd
Basement Type
Partly Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
None
Additional Parking
4
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
40 ft
Depth
125 ft
Lot Size
40 x 125 ft

Additional

Foundation
Concrete
Roof
Shingles
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
Electrical Light Fixtures, Window Coverings, Appliances (Fridge, Stove, B/I Microwave, dishwasher, Washer & Dryer), Furnace room storage (workbench, grey shelves, white cabinet), 2nd floor bathroom cabinet, Hot Water Tank (owned), Central Vac & Attachments, Backyard Shed

Rooms

RoomSizeFeaturesLevel
Rec4.16 × 7.26 mPot Lights, Window, Double ClosetBsmt
Kitchen4.34 × 4.0 mStainless Steel Appl, Centre Island, RenovatedMain
Family3.26 × 6.21 mhardwood floor, Fireplace, Open ConceptMain
3rd Br4.27 × 3.26 mhardwood floor, Window, Closet2nd
Dining3.58 × 4.0 mhardwood floor, W/O To Deck, Open ConceptMain
Primary4.0 × 6.56 mhardwood floor, W/I Closet, Semi Ensuite2nd
Living3.26 × 5.03 mDouble Doors, Broadloom, Large WindowMain
2nd Br3.09 × 2.88 mhardwood floor, Window, Closet2nd
4th Br2.73 × 3.26 mhardwood floor, Window2nd

Listing history

Buy/sell history for 48 Tower Dr, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,199,000N/AFor SaleE13687620

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $239,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$239,800
Total mortgage amount
$959,200
Total interest payment
$682,100
Total purchase cost
$1,881,100
Mortgage payment
$5,471/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

46%

Monthly carrying cost

$5,851
−$1,801per month
  • Rent $4,050
  • Shortfall $1,801

Rental income opens at $4,050, the median asking rent of 195 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$20,455
Toronto municipal land transfer tax
$20,455
Total land transfer tax
$40,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$32,435
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,199,000
$15,980
Ontario total
$20,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,455.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
5,000 sq ft465 m²
Street frontage
40 ft12.2 m
Depth
125 ft38.1 m
40 × 125 ftTOWER DR

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 7 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 5,020 sq ft33 building permits issued within 250 m in the last 2 yearsNearest rail line: 720 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity3

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 33 building permits issued within 250 m in the last 2 years250 m
  • Mapped parcel: about 5,020 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home2

  • Nearest rail line: 720 m720 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Progressive Anodizers Inc. — PROGRESSIVE, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless below 5/1 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RD (x1460)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 x1460

    Site-specific exception 1460: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(1460)

  3. 3 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 3 open development applications within 800 m of this home.

  • 1940 LAWRENCE AVE ESite planUnder Review

    INACTIVE Development comprising of an 11 storey mixed-use building with commercial on the first and second floors and residential units above.


    250 m away

  • 1940 LAWRENCE AVE EOfficial plan or zoning amendmentUnder Review

    INACTIVE Development comprising of an 11 storey mixed-use building with commercial on the first and second floors and residential units above.


    250 m away

  • 2102 LAWRENCE AVE ESite planUnder Review

    The construction of a 12 and 6-storey residential building (attached as one building). The existing historic chapel is to be retained in full in order to provide for residential amenity space, and the existing cemetery is to be retained as-is.


    760 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Detached homes for sale in Wexford-Maryvale right now

For sale now
40
Median asking price
$912K

Middle half: $849K to $1.06M

New in 7 days
4

20 in 28 days

Price cuts
18%

7 listings

This home is asking 31% above the median, higher than three quarters of them.

See all homes in Wexford-Maryvale

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Hakimi Lebovic StationTTC light rail: Line 5 Eglinton2.3 km
Golden Mile StationTTC light rail: Line 5 Eglinton2.3 km
Pharmacy StationTTC light rail: Line 5 Eglinton2.4 km
O'Connor StationTTC light rail: Line 5 Eglinton2.5 km
Kennedy StationTTC subway: Line 2 Bloor-DanforthTTC light rail: Line 5 EglintonGO Transit train: Stouffville3.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Buchanan Public SchoolToronto DSBPublic · grades JK–8500 m61%Grade 6 average
St Kevin Catholic SchoolToronto CDSBCatholic · grades JK–8700 m82%Grade 6 average
Manhattan Park Junior Public SchoolToronto DSBPublic · grades JK–6800 m—
École élémentaire Jeanne-LajoieConseil scolaire ViamondeFrench-language public · grades JK–62.2 km91%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Wexford Collegiate School for the ArtsToronto DSBPublic · grades 9–12550 m44%Grade 9 math
Senator O'Connor College SchoolToronto CDSBCatholic · grades 9–12 · French Immersion1.4 km64%Grade 9 math
Winston Churchill Collegiate InstituteToronto DSBPublic · grades 9–121.8 km22%Grade 9 math
ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.8 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Wexford-Maryvale are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson