72 Meadowvale Road, Toronto, ON

Centennial Scarborough, Toronto · MLS® E12831048

$1,799,000
For Sale
Listed 232 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
1Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 72 Meadowvale Rd. in the sought after "Centennial Scarborough" neighbourhood of south-east Scarborough. Attention all builders - land value over 38,000...
  • Over 58' frontage on Meadowvale Rd. and over 105' frontage on Bonacres Ave.
  • Potential for 3 huge building lots.
  • This is an estate sale and is being sold "as is", "where is " with no warranties or representations.
  • Taxes indicated in the listings are a total of the taxes at 72 Meadowvale Rd. and 78 Bonacres Ave.

Welcome to 72 Meadowvale Rd. in the sought after "Centennial Scarborough" neighbourhood of south-east Scarborough. ***Attention all builders - land value*** ***over 38,000 SQFT lot!***. Over 58' frontage on Meadowvale Rd. and over 105' frontage on Bonacres Ave. Potential for 3 huge building lots. This is an estate sale and is being sold "as is", "where is " with no warranties or representations. Taxes indicated in the listings are a total of the taxes at 72 Meadowvale Rd. and 78 Bonacres Ave.

Key facts

Property type
Detached, Bungalow
MLS®
E12831048
Bedrooms
3
Bathrooms
3 (2 half)
Size
1100-1500 sq ft
Lot
58 × 473 ft
Cross streets
FROM THE WEST SIDE OF MEADOWVALE, NORTH OF LAWRENCE TO THE EAST SIDE OF BONACRES
Parking
1 garage · 6 parking (attached)
Driveway
Private
Basement
Partially Finished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Septic
Property tax
$5,731 / 2025
Days on market
232
Listing brokerage
RE/MAX ROUGE RIVER REALTY LTD.

Rooms

RecreationBasement7.45 × 4.02 m

tile floor · w/w fireplace · 2 pc bath

Dining RoomGround3.53 × 2.61 m

Broadloom

Bedroom 2Ground4.53 × 2.80 m

hardwood floor · closet

Game RoomBasement4.79 × 3.52 m

Tile Floor

Bedroom 3Ground3.53 × 2.69 m

broadloom · closet

Primary BedroomGround3.85 × 3.45 m

hardwood floor · 2 pc ensuite · large closet

KitchenGround4.74 × 3.02 m

linoleum · eat-in kitchen · double sink

Living RoomGround4.35 × 4.01 m

broadloom · w/w fireplace

OfficeBasement3.73 × 2.94 m

tile floor · b/i shelves

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Sir Oliver Mowat Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Centennial Scarborough · asking prices
$933kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $642/sqft; this home lists at $1,384/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.80MThis home980k965k889k879k950kThis home vs active comparables

Neighbourhood & location

Centennial Scarborough, 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.

Nearby neighbourhoods

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

Rouge E11
$1.15M
Bendale
$949K
Wexford-Maryvale
$849K
Steeles
$1.20M
Woodbine-Lumsden
$949K

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 Charlottetown Junior Public School
68%
Charlottetown Junior Public SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 68% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Centennial Road Junior Public School · Public elementary1.1 km · 71% at standard
St Malachy Catholic School · Catholic elementary1.1 km · 73% at standard
William G Miller Junior Public School · Public elementary1.3 km · 62% at standard
Highland Creek Public School · Public elementary1.6 km · 53% at standard
Meadowvale Public School · Public elementary1.8 km · 81% at standard
Joseph Brant Senior Public School · Public elementary2.0 km · 43% at standard
Cardinal Leger Catholic School · Catholic elementary2.0 km · 78% at standard
William G Davis Junior Public School · Public elementary2.0 km · 88% at standard
St Dominic Savio Catholic School · Catholic elementary2.1 km · 70% at standard
Morrish Public School · Public elementary2.2 km · 82% at standard
Rouge Valley Public School · Public elementary2.3 km · 73% at standard
West Hill Public School · Public elementary2.4 km · 60% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,199/mo
$329KIncome needed
5.5×Price ÷ income
$1,892Weekly cost
$64,910Land transfer tax, one-time (Ontario + Toronto)
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.

94%mortgage
Mortgage $8,199Property tax $478Total carry $8,677

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,435Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$478
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,435

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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$2,300/mo
$27,600Gross annual rent
1.0%Cap rate after taxes and upkeep

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.

1.5%
Gross yield
− Property tax $5,731− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,433

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.. MLS®/PropTx.

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