72 Meadowvale Road, Toronto, ON
Centennial Scarborough, Toronto · MLS® E12831048
About this home
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
- 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
- 138
- Listing brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Rooms
tile floor · w/w fireplace · 2 pc bath
Broadloom
hardwood floor · closet
Tile Floor
broadloom · closet
hardwood floor · 2 pc ensuite · large closet
linoleum · eat-in kitchen · double sink
broadloom · w/w fireplace
tile floor · b/i shelves
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe 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.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Lawrence Ave East at Meadowvale Rd is about a 7-minute walk away.
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.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes137 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Centennial Scarborough, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Somewhat 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.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: Lawrence Ave East at Meadowvale Rd, about 545 m away
Within a 15-minute (1.5 km) walk.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,680
- Property tax
- $478
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,158
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
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
- $460,806
- Principal paid down
- $183,282
- Interest paid
- $277,524
- Balance remaining
- $1,255,918
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
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 RE/MAX ROUGE RIVER REALTY LTD.. MLS®/PropTx.