44 Tower Drive, Toronto, ON

Wexford-Maryvale, Toronto · MLS® E13563430

$1,477,000
For Sale
Listed 3 days ago
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7Bedrooms
6Bathrooms
3Parking
2500-3000Sq Ft

About this home

Gorgeous Fully Renovated Homes W/ Addition Completed In 2022! Stunning Features Over 2700 Sf In High Demand "Wexford" Neighborhood, Newly Modern Finishes Throughout, Hi-End Craftmanship (Approx., 500K Upgrades). Work From Home Office Beside Full Bath. Huge Open Concept U-Shape Kitchen, Water Fall Island, Spicy Kitchen, Quartz Countertop, Backsplash, Dining And Breakfast Area, Spacious Living & Family Room, Top-Of-The-Line All New Appliances: Oven/Microwave Combo, 36" Cooktop & Ss 36" Fridge. Luxury, Lifestyle With 2 Modern Balcony Glass Railings, Pot Lights Throughout, C/Speakers & Huge New Deck. Upgraded Quality Engineer Hardwood Floors, Oak Stairs With Glass Railings, 9 Ft Smooth Ceiling, Large Master Bdr W/ 5Pcs Ensuite, Ceramic Tiles Shower, Free Standing Bath, Skylight, & Huge Walk-In Closet. Back Yard New New Fenced New Interlock: Long Driveway To Private Backyard. Private side entrance to basement apartment. Vacant on possession. Buyer and Buyers agent to confirm all information.

Key facts

Property type
Detached, 2-Storey
MLS®
E13563430
Bedrooms
7 (4 + 3)
Bathrooms
6
Size
2500-3000
Lot
40 × 125 ft
Cross streets
Tower Drive and Lawrence Ave E
Parking
3 parking
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,051 / 2025
Days on market
3
Listing brokerage
EXP REALTY
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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.

The assigned public school is Buchanan 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. Lawrence Ave East at Elinor Ave is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.33Mavg asking

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

12 Bingley Road$1000k49 Butterworth Avenue$1.39M10B Holmstead Avenue$1.80M65 Becca Hall Trail$1.15M

The 4 closest active listings nearby.

See all comparable homes
1.48MThis home1000k1.39M1.80M1.15MThis home vs active comparables
Live market pulseActive comparables in Wexford-Maryvale · median list $999K
$537this home / sqft
12active listings nearby
3days on market

This home lists 39% below the area average of $877/sqft.

2 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

84/ 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: Lawrence Ave East at Elinor Ave, about 284 m away

20+ transit stops7 grocery20+ dining9 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
$1.59M
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 Buchanan Public School
53%
Buchanan Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 53% meet the provincial standard

Affordability & Mortgage

Affordability
$6,732/mo
$278KIncome needed
5.3×Price ÷ income
$1,553Weekly 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.

92%mortgage
Mortgage $6,732Property tax $588Total carry $7,319

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)
$6,305per month

Mortgage amount $1,181,600 · 4.14% over 25 years

$295,400Down payment (20.0%)
$1,181,600Loan before insurance
$0CMHC premium
$6,893Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,305
Property tax
$588
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,893

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

One-time closing costs

Ontario land transfer tax
$26,015
Toronto municipal land transfer tax
$26,015
Estimated closing costs
$52,030

Plus your down payment of $295,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,659/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

$710,037Total interest paid
$1,891,637Total of all payments
Principal $1,181,600 Interest $710,037
YearPrincipalInterestBalance
1$27,681$47,985$1,153,919
2$28,839$46,827$1,125,081
3$30,045$45,621$1,095,036
4$31,302$44,364$1,063,734
5$32,611$43,055$1,031,123
6$33,975$41,690$997,148
7$35,396$40,269$961,752
8$36,877$38,789$924,875
9$38,419$37,246$886,456
10$40,026$35,639$846,430
11$41,700$33,965$804,729
12$43,445$32,221$761,284
13$45,262$30,403$716,022
14$47,155$28,510$668,867
15$49,128$26,538$619,739
16$51,183$24,483$568,557
17$53,323$22,342$515,233
18$55,554$20,112$459,679
19$57,878$17,788$401,802
20$60,299$15,367$341,503
21$62,821$12,845$278,682
22$65,448$10,217$213,234
23$68,186$7,479$145,048
24$71,038$4,627$74,010
25$74,010$1,656$0

At the end of your 5-year term

Total paid over the term
$378,327
Principal paid down
$150,477
Interest paid
$227,850
Balance remaining
$1,031,123

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$5,250/mo
$63,000Gross annual rent
3.2%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.

4.3%
Gross yield
− Property tax $7,051− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,619

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

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