48 Frey Crescent, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E13763366
About this home
In short
- Welcome To This Beautifully Maintained Detached Brick Bungalow In The Highly Sought-After Wexford-Maryvale Community.
- This Spacious 3+1 Bedroom, 2 Bathroom Home Offers A Warm And Functional Layout With A Private Living And Dining Area Flowing Into A Large And Inviting Kitchen...
- The Fully Finished Basement Offers A Separate Entrance And Features A Beautiful, Spacious Kitchen With Ample Cabinetry And Quartz Countertops, Stylish Flooring, Pot...
- Conveniently Located Close To Schools, Parks, Places Of Worship, Public Transit, Shopping, Costco, Walmart, Home Depot, And Many Other Everyday Amenities.
Welcome To This Beautifully Maintained Detached Brick Bungalow In The Highly Sought-After Wexford-Maryvale Community! This Spacious 3+1 Bedroom, 2 Bathroom Home Offers A Warm And Functional Layout With A Private Living And Dining Area Flowing Into A Large And Inviting Kitchen Featuring Plenty Of Cabinet Space. The Main Floor Is Filled With Natural Light, With Large Windows Throughout, Good-Sized Bedrooms, And Generous Closet Space. The Fully Finished Basement Offers A Separate Entrance And Features A Beautiful, Spacious Kitchen With Ample Cabinetry And Quartz Countertops, Stylish Flooring, Pot Lights Throughout, A Very Large Bedroom, And A Renovated 4-Piece Bathroom With A Modern Vanity, Quartz Countertop, And Attractive Tile Finishes. The Lower Level Also Includes A Large Laundry Room With Plenty Of Additional Storage Space, Making The Basement Ideal For Extended Family Or Multi-Generational Living. Outside, Enjoy A Spacious, Flat, Fully Fenced Backyard With A Garden Shed, Perfect For Entertaining, Children, Gardening, Or Relaxing Outdoors. A Private Driveway Provides Parking For Up To Four Vehicles. Conveniently Located Close To Schools, Parks, Places Of Worship, Public Transit, Shopping, Costco, Walmart, Home Depot, And Many Other Everyday Amenities. A Fantastic Opportunity To Own A Solid And Spacious Detached Bungalow In One Of Scarborough's Most Established And Desirable Neighbourhoods!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13763366
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 41.03 × 125.05 ft
- Cross streets
- Warden ave and Lawrence ave
- Parking
- 4 parking
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,343 / 2026
- Days on market
- 10
- Listing brokerage
- HOMELIFE ELITE SERVICES REALTY INC.
Rooms
Tile Floor
Hardwood Floor
Laminate
Laminate
laminate · window
hardwood floor · combined w/dining
hardwood floor · closet
hardwood floor · closet
hardwood floor · closet
Hardwood Floor
Listed at $899,999. Recent sales of homes like it put this one around $827K, so the ask is about 9% above what similar homes have sold for.
If it sells at this ask, expect about $897K, typically $854K to $940K: that is where homes here have closed against their asks in the last 90 days (32 closings).
Total price vs nearby homes. Fair value about $827K, learned from recent GTA sales.
The market behind the math:
About 1.2 months of inventory: 13 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 $1,000/sqft against an area asking average of $1,010/sqft. Size and $/sqft both feed the estimate above.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. 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 161 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $842K. Condition and finishes remain an in-person call.
What the listing highlights4 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. 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
Priced above comparable homes overall, but the price per square foot ($1,000/sqft) is in line with the area, so you are paying for extra space rather than a premium.
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 161 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 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 $1,034/sqft; this home lists at $1,000/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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 $719,999 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,941
- Property tax
- $362
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,303
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,475
- Toronto municipal land transfer tax
- $14,475
- Estimated closing costs
- $28,950
Plus your down payment of $180,000. 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
- $236,465
- Principal paid down
- $89,023
- Interest paid
- $147,443
- Balance remaining
- $630,977
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 54 whole-home leases in Wexford-Maryvale signed at a median of $2,674 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,528. 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 HOMELIFE ELITE SERVICES REALTY INC.. MLS®/PropTx.