72 Bowerbank Drive, Toronto, ON

Newtonbrook East, Toronto · MLS® C13508190

$1,338,000
For Sale
Listed 16 days ago
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5Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

A charming and inviting home surrounded by a mature mugo pine, stunning Japanese maple, lush green lawn, and a beautiful pear tree with seasonal blossoms and harvests. Nestled in a quiet, safe, and highly sought-after neighbourhood, this meticulously maintained residence is in immaculate move-in condition, offering timeless character, exceptional comfort, and outstanding future potential.Grand double entry doors open to a spacious foyer. The bright and spacious living and dining areas feature hardwood flooring and a large picture window that fills the home with abundant natural light. The kitchen offers a walk-out to a deck overlooking the expansive private fully fenced backyard - perfect for entertaining, gardening, or relaxing outdoors.The upper level features three generously sized bedrooms. The ground-level primary bedroom includes a 2-piece ensuite and direct walk-out access to the backyard. The lower level offers a warm and inviting family room with a charming wood-burning fireplace, large closet, and flexible space ideal for recreation, a home office, or an additional bedroom. A spacious laundry/furnace room includes a 3-piece bathroom and additional crawl-space storage.Potential to easily expand to a double driveway with parking for up to five vehicles. Exceptional future possibilities include a potential: build two-storey garden suite, or redesign open-concept main floor, or add second-storey side addition, or redevelop into luxury custom home (buyer to verify zoning, permits, and development potential). Conveniently located just minutes from Yonge St, TTC, Finch Subway Station, parks, restaurants, shops, supermarkets, Centerpoint Mall, North York Centre, and scenic hiking/biking trails, with quick access to Highways 401 and 404. A rare opportunity in a highly desirable location - a must see!

Key facts

Property type
Detached, Sidesplit 4
MLS®
C13508190
Bedrooms
5 (4 + 1)
Bathrooms
3 (1 half)
Size
1500-2000
Lot
50 × 118.72 ft
Cross streets
Yonge/Cummer/Finch
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,677 / 2025
Days on market
16
Listing brokerage
TAIHOME REALTY INC.

Rooms

Bedroom 4Second4.01 × 3.66 m

hardwood floor · double closet · overlooks backyard

Family RoomLower5.00 × 4.24 m

fireplace · parquet · large closet

FoyerGround5.79 × 2.24 m

double doors · hardwood floor · closet

KitchenMain3.45 × 3.25 m

eat-in kitchen · w/o to deck · ceramic floor

Primary BedroomGround4.60 × 3.48 m

2 pc ensuite · w/o to yard · hardwood floor

Bedroom 2Second4.47 × 3.66 m

hardwood floor · closet · south view

Living RoomMain6.32 × 5.74 m

hardwood floor · picture window · open concept

Dining RoomMain3.63 × 2.87 m

hardwood floor · combined w/living · overlooks backyard

Bedroom 3Second3.38 × 2.77 m

hardwood floor · closet · south view

LaundryLower6.38 × 4.70 m

3 pc bath · above grade window · concrete floor

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.53Mest. value

Listed at $1,338,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 39 similar homes nearby, adjusted for size, beds, and baths.Median of 39 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.39M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.50M
  • Bedrooms +$30K
  • Adjusts to $1.53M

That comparable adjusts to $1.53M; the $1.53M estimate above is the median of all 39 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Finch is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$992KGreat deal$1.92MOverpriced

Total price vs nearby homes. Fair value about $1.53M, median of 39 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.27Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

40 Ravencliff Crescent$1.26M88 Rabbit Lane$1.30M51 Sloley Road$1.25M

The 3 closest active listings nearby.

See all comparable homes
1.34MThis home1.26M1.30M1.25MThis home vs active comparables
Live market pulseActive comparables in Newtonbrook East · median list $2.00M
$765this home / sqft
39active listings nearby
16days on market

This home lists 16% below the area average of $910/sqft.

15 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Newtonbrook East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

79/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Finch, about 244 m away

20+ transit stops5 grocery20+ dining20+ parks18 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
Downsview-Roding-CFB
$1.06M
Wexford-Maryvale
$865K
High Park-Swansea
$4.99M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$6,098/mo
$256KIncome needed
5.2×Price ÷ income
$1,407Weekly cost
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $6,098Property tax $640Total carry $6,738

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,712per month

Mortgage amount $1,070,400 · 4.14% over 25 years

$267,600Down payment (20.0%)
$1,070,400Loan before insurance
$0CMHC premium
$6,352Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,712
Property tax
$640
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,352

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$23,235
Toronto municipal land transfer tax
$23,235
Estimated closing costs
$46,470

Plus your down payment of $267,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,938/monthPayment at the qualifying rate

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

$643,216Total interest paid
$1,713,616Total of all payments
Principal $1,070,400 Interest $643,216
YearPrincipalInterestBalance
1$25,076$43,469$1,045,324
2$26,125$42,420$1,019,200
3$27,217$41,327$991,982
4$28,356$40,189$963,626
5$29,542$39,003$934,084
6$30,778$37,767$903,307
7$32,065$36,480$871,242
8$33,406$35,138$837,835
9$34,804$33,741$803,032
10$36,259$32,285$766,772
11$37,776$30,769$728,996
12$39,356$29,188$689,640
13$41,002$27,542$648,638
14$42,717$25,827$605,920
15$44,504$24,040$561,416
16$46,366$22,179$515,050
17$48,305$20,239$466,745
18$50,326$18,219$416,419
19$52,431$16,114$363,988
20$54,624$13,921$309,364
21$56,909$11,636$252,456
22$59,289$9,255$193,167
23$61,769$6,775$131,397
24$64,353$4,192$67,045
25$67,045$1,500$0

At the end of your 5-year term

Total paid over the term
$342,723
Principal paid down
$136,316
Interest paid
$206,407
Balance remaining
$934,084

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
1.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

2.8%
Gross yield
− Property tax $7,677− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $24,565

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of TAIHOME REALTY INC.. MLS®/PropTx.

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