49 Bowerbank Drive, Toronto, ON
Newtonbrook East, Toronto · MLS® C13073470
About this home
Exquisitely renovated,this stunning residence in the highly coveted Yonge/Finch neighbourhood delivers an exceptional blend of luxury,comfort,and lifestyle.Tucked away on a quiet,tree-lined street in one of Toronto's most vibrant and picturesque communities,this expansive family home backs onto a serene walking trail leading directly to the subway-offering a rare fusion of peaceful retreat and unmatched urban convenience.Just steps to Yonge Street,transit,premier shopping,dining, and top-tier amenities,this home is perfectly positioned for families seeking both sophistication and everyday ease.Set on a premium south-facing lot with no sidewalk,it boasts enhanced privacy, impressive curb appeal,and abundant natural sunlight throughout.At the heart of the home lies a show-stopping chef's eat-in kitchen-a true culinary masterpiece-featuring a seamless walkout to the backyard and a spacious dining area with its own separate walkout to an oversized deck, creating the ultimate indoor-outdoor entertaining experience.The inviting living room is anchored by large picture windows and a cozy fireplace, offering picturesque views of the beautifully landscaped front yard.The thoughtfully designed ground level includes a chic powder room, a versatile bedroom with walkout, a full bathroom with washer/dryer combo, and a flexible office space-perfect for modern family living, remote work, or multi-generational needs.Upstairs, retreat to three generously proportioned bedrooms with ample storage and a sleek,contemporary 4-piece bthrm designed with both style and functionality in mind.The fully finished lower level is a standout feature, offering incredible versatility with a bright, oversized recreation space, large windows, and a modern kitchen-ideal for in-law living, extended family, guests, or income potential.With a stunning backyard oasis,summer living will never be the same-an exceptional opportunity to own a home that beautifully blends country charm with vibrant city living.
Key facts
- Property type
- Detached, Sidesplit 4
- MLS®
- C13073470
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 50 × 120 ft
- Cross streets
- Yonge/Finch
- Parking
- 1 garage · 5 parking (built-in)
- Driveway
- Private
- Basement
- Separate Entrance, Finished, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,583 / 2025
- Days on market
- 82
- Listing brokerage
- HOUSSPRO DL REALTY
Rooms
walk-out · overlooks backyard
overlooks frontyard · fireplace · picture window
double closet · picture window · casement windows
eat-in kitchen · stainless steel appl · walk-out
combined w/dining · eat-in kitchen · open concept
picture window · overlooks backyard · closet
double closet · picture window · overlooks frontyard
double closet · overlooks backyard · picture window
walk-out · overlooks backyard · open concept
window · overlooks frontyard · renovated
Listed at $1,438,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Newtonbrook East lately, sellers get about 96% of asking; homes sell in ~33 days.
Total price vs nearby homes. Fair value about $1.33M, median of 21 comparables.
- Ravine / green setting. This home is described as backing onto a ravine or green setting, a premium that comparable-sales math under-prices, so read the estimate as a floor.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 21 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.05M, a bit lower.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Newtonbrook East, so I widened the search to the surrounding area.
Based on 21 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 6% below the area average of $876/sqft.
81 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Newtonbrook East, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,150,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,139
- Property tax
- $549
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,688
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,235
- Toronto municipal land transfer tax
- $25,235
- Estimated closing costs
- $50,470
Plus your down payment of $287,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $368,338
- Principal paid down
- $146,504
- Interest paid
- $221,834
- Balance remaining
- $1,003,896
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOUSSPRO DL REALTY. MLS®/PropTx.