24 Tulip Drive, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E13747382
About this home
In short
- A Cherished Home in Ellesmere Gardens A rare opportunity to own a well-maintained and recently updated detached brick bungalow on a premium 45' x 130' lot in the...
- Proudly enjoyed by the same family for two generations for approximately 70 years, this much-loved home offers a wonderful blend of comfort, space, and opportunity.
- Featuring 3+1 bedrooms and 2 bathrooms, the home has been freshly painted with new flooring on the main level and a recently updated 4-piece family bathroom.
- The finished basement adds valuable additional living space, with a fourth bedroom and 2pc en-suite washroom, generous recreation room featuring a wet bar, ceramic...
- Situated in a convenient and well-established community, this property offers easy access to Highways 401 and 404, multiple transit options, Costco, Fairview Mall...
** A Cherished Home in Ellesmere Gardens ** A rare opportunity to own a well-maintained and recently updated detached brick bungalow on a premium 45' x 130' lot in the established and sought-after Ellesmere Gardens neighbourhood. Proudly enjoyed by the same family for two generations for approximately 70 years, this much-loved home offers a wonderful blend of comfort, space, and opportunity. Featuring 3+1 bedrooms and 2 bathrooms, the home has been freshly painted with new flooring on the main level and a recently updated 4-piece family bathroom. The bright and welcoming main level provides comfortable living space for everyday family life. Step through the sliding glass doors to a large, partially covered rear deck, creating an ideal setting for outdoor dining, entertaining, or simply relaxing while overlooking the spacious, fully fenced backyard and gardens. The finished basement adds valuable additional living space, with a fourth bedroom and 2pc en-suite washroom, generous recreation room featuring a wet bar, ceramic tile flooring, and gas fireplace. There is plenty of room for a billiards table, home theatre, games area, or comfortable family lounge. Situated in a convenient and well-established community, this property offers easy access to Highways 401 and 404, multiple transit options, Costco, Fairview Mall, Parkway Mall, schools, parks and green spaces, shops, cafés, restaurants, and a wide range of everyday amenities. This is a home with a wonderful history, a generous lot, and exciting potential for its next chapter - don't miss the opportunity to make it your own!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13747382
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 45 × 130 ft
- Cross streets
- Ellesmere/Warden
- Parking
- 1.5 garage · 3 parking (attached)
- Basement
- Full, Separate Entrance, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,833 / 2026
- Days on market
- 16
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
closet · casement windows · vinyl floor
w/o to deck · sliding doors · closet
eat-in kitchen · combined w/dining · window
partly finished · concrete floor · laundry sink
closet · vinyl floor · w/o to porch
large window · overlooks frontyard · separate room
wet bar · gas fireplace · tile floor
combined w/kitchen · vinyl floor · overlooks frontyard
his and hers closets · overlooks backyard · casement windows
2 pc ensuite · above grade window
Listed at $949,000 with no offer date. Homes here have been closing close to ask, so my read is $946K, typically $901K to $991K. Comparable closings on their own put this home around $912K, which supports the ask, so this is a firm read.
Total price vs nearby homes. Likely closing about $946K, from 32 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 7 detached homes for sale in the area against 32 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $730/sqft against an area asking average of $709/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Wexford-Maryvale: 90 of the 284 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income, and comparable-sales math under-prices it, so read the estimate as a floor. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 32 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $944K. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
Schools & getting aroundcatchment and transit
Its public catchment (Terraview-Willowfield Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 32 comparable homes that sold in Wexford-Maryvale over the past two years, from 254 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $777/sqft; this home lists at $730/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.24% via Ratehub.ca (as of September 18, 2026); conventional rates run a little higher.
Mortgage amount $759,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,156
- Property tax
- $403
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,558
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,455
- Toronto municipal land transfer tax
- $15,455
- Estimated closing costs
- $30,910
Plus your down payment of $189,800. 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
- $249,340
- Principal paid down
- $93,869
- Interest paid
- $155,470
- Balance remaining
- $665,331
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
The suite is real income here: basements rent in Wexford-Maryvale (90 of 284 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 50 whole-home leases in Wexford-Maryvale signed at a median of $2,767 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,014. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.