38 Lingarde Drive, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E13181534
About this home
We honestly don't see lots like this very often. Literally your own slice of paradise! Welcome to 38 Lingarde Drive - a Ranch Style Bungalow situated on an extraordinary oversized lot in the heart of the Wexford community. The backyard is truly something special, offering endless possibilities for entertaining, celebrations, family gatherings, or simply creating your own private retreat. There's enough space to host unforgettable events, with room to dream even bigger in the future. This well-kept home features a rare double garage and a separate entrance to a finished basement, adding incredible versatility for large families, multi-generational living, in-laws, or future income potential. The functional bungalow layout offers comfortable everyday living while the property itself presents exceptional long-term value. Perfectly located on a quiet, family-friendly street, just steps to Wexford Park, lush forested trails, and green space ideal for walking, running, or biking. A short walk to our beloved George Peck Public School (former student here!), known for its strong parent and student community. Steps to TTC, Lawrence Avenue, and a variety of local family-owned and multicultural shops and restaurants. Convenient access to the LRT, as well as the 401 and DVP/404, makes commuting effortless. Whether you're looking to move in, expand, invest, or simply enjoy one of the most impressive lots in the area, this is a truly rare opportunity offering unlimited potential in an unbeatable location.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13181534
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 700-1100
- Lot
- 39.6 × 106 ft
- Cross streets
- Warden and Lawrence
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Private
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,585 / 2025
- Days on market
- 57
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Listed at $1,099,900, and my independent estimate is about 21% above what comparable homes suggest.
In Wexford-Maryvale lately, sellers get about 100% of asking; homes sell in ~20 days.
Total price vs nearby homes. Fair value about $909K, median of 12 comparables.
How this estimate is builtthe short version
I take the 12 most comparable recent listings 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 listing.
It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $986K, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is George Peck Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 12 comparable homes nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 19% above the area average of $1,023/sqft.
56 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Wexford-Maryvale, 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 $879,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,696
- Property tax
- $382
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,078
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,473
- Toronto municipal land transfer tax
- $18,473
- Estimated closing costs
- $36,946
Plus your down payment of $219,980. 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
- $281,735
- Principal paid down
- $112,058
- Interest paid
- $169,677
- Balance remaining
- $767,862
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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.