50 Dewey Drive, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13466784

$2,300,000
For Sale
Listed 28 days ago
4Bedrooms
6Bathrooms
2Garage · 8 parking
3000-3500Sq Ft

About this home

Welcome to 50 Dewey Drive, a stunning custom-built residence showcasing exceptional craftsmanship, contemporary design, and premium finishes throughout. Soaring ceilings, spacious principal rooms, and abundant natural light create a bright, elegant atmosphere from the moment you enter. At the heart of the home is a custom-designed kitchen featuring premium appliances, quartz surfaces, bespoke cabinetry, and a striking modern island. Seamless 7-inch baseboards carried through the door casings enhance the refined, cohesive design. The kitchen flows into the open-concept living and dining areas, ideal for both daily living and entertaining. The main living room is anchored by a beautiful electric fireplace, adding warmth, character, and a welcoming focal point. Each spacious bedroom features its own private en- suite, offering comfort and privacy, while the primary suite serves as a luxurious retreat with a spa-inspired en- suite and walk-in closet. Designed for modern living, the home includes a built-in speaker system in the basement, main floor, and master bedroom; a video intercom with a 7-inch display; a six-camera security system with 24/7 monitoring; and a central vacuum system for added convenience. The basement is home theatre ready with rough-ins and six installed speakers, ready for a custom entertainment setup. Approximately 190 pot lights throughout enhance the bright, sophisticated interiors. Situated on a beautifully landscaped property, 50 Dewey Drive offers a rare blend of luxury, comfort, and modern functionality. Close to 401, DVP, Scarborough Town Centre, school and TTC. Buyer's agent should verify all measurements.

Key facts

Property type
Detached, 2-Storey
MLS®
E13466784
Bedrooms
4
Bathrooms
6 (1 half)
Size
3000-3500
Lot
40 × 125 ft
Cross streets
Pharmacy and Ellesmere
Parking
2 garage · 8 parking (attached)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer, Stone
Foundation
Concrete
Roof
Asphalt Rolled, Asphalt Shingle
Sewer
Sewer
Property tax
$9,848 / 2025
Days on market
28
Listing brokerage
WORLD CLASS REALTY POINT

Rooms

Bedroom 4Second2.74 × 1.04 m

closet · hardwood floor

OtherMain4.72 × 2.16 m

Tile Floor

Dining RoomMain4.35 × 3.61 m

Hardwood Floor

PantryMain2.00 × 1.52 m

Irregular Room

Bedroom 2Second3.69 × 3.65 m

Hardwood Floor

BedroomSecond4.88 × 4.27 m

Hardwood Floor

BathroomSecond4.27 × 2.72 m

ensuite bath · tile floor

BathroomBasement3.55 × 1.75 m

tile floor · 3 pc bath

BathroomSecond3.66 × 1.83 m

3 pc bath · tile floor

Powder RoomMain2.45 × 1.02 m

Tile Floor

FoyerMain3.12 × 1.52 m

Tile Floor

Bedroom 4Second5.08 × 3.33 m

Hardwood Floor

Utility RoomMain2.54 × 1.02 m

closet · tile floor

Living RoomMain3.61 × 3.35 m

Hardwood Floor

Family RoomMain4.59 × 4.25 m

Hardwood Floor

Bedroom 3Second5.08 × 2.27 m

Hardwood Floor

Bedroom 2Second2.54 × 0.80 m

Closet

Bedroom 3Second2.27 × 0.97 m

closet · hardwood floor

Great RoomBasement9.53 × 7.91 m

Vinyl Floor

Furnace RoomBasement3.05 × 1.75 m

Tile Floor

BathroomSecond2.99 × 1.52 m

3 pc bath · tile floor

LaundrySecond3.55 × 1.76 m

Hardwood Floor

LaundryBasement1.88 × 1.65 m

Tile Floor

OtherSecond4.27 × 1.73 m

closet · hardwood floor

KitchenMain4.25 × 4.16 m

hardwood floor · b/i appliances

BathroomSecond2.67 × 2.39 m

Tile Floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$3.29Mest. value

Listed at $2,300,000, this home is about 30% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Wexford-Maryvale, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.28M, lower than the comparables and worth a second look. 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 $3.60M
  • Bedrooms −$30K
  • Adjusts to $3.56M

That comparable adjusts to $3.56M; the $3.29M estimate above is the median of all 9 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.

The assigned public school is Maryvale Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Pharmacy Ave at Dewey Dr is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.30MGreat deal$3.75MOverpriced

Total price vs nearby homes. Fair value about $3.29M, median of 9 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.66Mavg asking

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

21 Albertus Avenue$2.72M416 Patricia Avenue$2.92M443 Northcliffe Boulevard$2.29M268 Brooke Avenue$3.60M84 Fred Young Drive$1.80M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.30MThis home2.72M2.92M2.29M3.60M1.80MThis home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $970K
$708this home / sqft
34active listings nearby
28days on market

This home lists 20% below the area average of $883/sqft.

27 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

Wexford-Maryvale, 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

74/ 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: Pharmacy Ave at Dewey Dr, about 327 m away

20+ transit stops5 grocery20+ dining11 parks17 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.

Cliffcrest
$1.51M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M

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 Maryvale Public School
52%
Maryvale Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 52% meet the provincial standard

Affordability & Mortgage

Affordability
$10,483/mo
$428KIncome needed
5.4×Price ÷ income
$2,419Weekly 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.

93%mortgage
Mortgage $10,483Property tax $821Total carry $11,303

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.

4.14%
%
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)
$9,819per month

Mortgage amount $1,840,000 · 4.14% over 25 years

$460,000Down payment (20.0%)
$1,840,000Loan before insurance
$0CMHC premium
$10,640Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,819
Property tax
$821
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,640

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

One-time closing costs

Ontario land transfer tax
$43,975
Toronto municipal land transfer tax
$43,975
Estimated closing costs
$87,950

Plus your down payment of $460,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,926/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

$1,105,677Total interest paid
$2,945,677Total of all payments
Principal $1,840,000 Interest $1,105,677
YearPrincipalInterestBalance
1$43,105$74,722$1,796,895
2$44,908$72,919$1,751,987
3$46,786$71,041$1,705,201
4$48,743$69,084$1,656,458
5$50,782$67,045$1,605,676
6$52,906$64,921$1,552,769
7$55,119$62,708$1,497,650
8$57,425$60,402$1,440,225
9$59,827$58,000$1,380,398
10$62,329$55,498$1,318,069
11$64,936$52,891$1,253,133
12$67,653$50,174$1,185,480
13$70,482$47,345$1,114,998
14$73,431$44,396$1,041,567
15$76,502$41,325$965,065
16$79,702$38,125$885,363
17$83,036$34,791$802,327
18$86,509$31,318$715,818
19$90,128$27,699$625,690
20$93,898$23,929$531,792
21$97,825$20,002$433,967
22$101,917$15,910$332,050
23$106,180$11,647$225,870
24$110,621$7,206$115,249
25$115,249$2,578$0

At the end of your 5-year term

Total paid over the term
$589,135
Principal paid down
$234,324
Interest paid
$354,811
Balance remaining
$1,605,676

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$6,300/mo
$75,600Gross annual rent
2.4%Est. cap rate

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 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.

3.3%
Gross yield
− Property tax $9,848− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,036

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

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