36 Joanna Drive, Toronto, ON
Wexford-Maryvale, Toronto · MLS® E14082424
About this home
In short
- Updated 2-storey detached home with exceptional space & income potential.
- Discover this beautifully updated and meticulously maintained 4-bedroom, 3-washroom detached home offering an impressive 1,729 sq. ft. above grade plus 1,087 sq. ft....
- Major updates provide peace of mind, including roof & eavestroughs (2024), new furnace & A/C (2022), electrical panel & wiring (2022), Ecobee smart thermostat, Alarm...
- Enjoy an unbeatable family-friendly location, within walking distance to TTC, schools, shopping, parks and beautiful ravine trails.
- Just approximately 2 minutes drive to the 401 and DVP/404, making commuting across the GTA remarkably convenient.
Rarely offered! Updated 2-storey detached home with exceptional space & income potential! A true gem in the area! Discover this beautifully updated and meticulously maintained 4-bedroom, 3-washroom detached home offering an impressive 1,729 sq. ft. above grade plus 1,087 sq. ft. of finished basement space. Bright, spacious and thoughtfully laid out, it offers exceptional room for family living, entertaining and working from home. Cherished by the same family since it was built and never before sold, this special home showcases true pride of ownership and is move-in ready. Major updates provide peace of mind, including roof & eavestroughs (2024), new furnace & A/C (2022), electrical panel & wiring (2022), Ecobee smart thermostat, Alarm System and a gas line to the backyard for BBQ.The finished basement with separate entrance adds incredible flexibility and future potential. Its generous size and existing layout offer options for extended family, additional living space, a home office or potential rental income, subject to applicable permits and approvals.Enjoy an unbeatable family-friendly location, within walking distance to TTC, schools, shopping, parks and beautiful ravine trails. Just approximately 2 minutes drive to the 401 and DVP/404, making commuting across the GTA remarkably convenient.Spacious. Updated. Exceptionally maintained. Home Inspection available upon request. Never before sold. Full of possibilities. A rare opportunity to own a substantial detached home in a highly convenient location, with major upgrades already completed and the flexibility to adapt to your family's future needs.This one is not to be missed!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E14082424
- Bedrooms
- 4
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 40 × 125 ft
- Cross streets
- Victoria Park and Ellesmere
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Full, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,765 / 2025
- Days on market
- 4
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
broadloom · double closet · overlooks backyard
hardwood floor · closet · w/o to garden
Vinyl Floor
vinyl floor · laundry sink · above grade window
hardwood floor · window
fireplace · broadloom · above grade window
Hardwood Floor
broadloom · double closet · overlooks backyard
tile floor · eat-in kitchen · bay window
hardwood floor · large window · overlooks frontyard
hardwood floor · double closet · overlooks garden
Hardwood Floor
Listed at $1,149,000. Going by how homes in Wexford-Maryvale and the wider GTA have actually closed against their asking prices (about 99%, 35 local closings in 90 days), the likely sale price is near $1.14M, if it sells. A realistic range is $1.06M to $1.28M.
Independent value check: $1.04M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $973K and $1.09M).
Why $1.04M. The typical detached home sold in Wexford-Maryvale over the past year went for about $919K (119 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,500 to 2,000 sq ft; the typical home sold here is 700 to 1,100.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $4,765 a year; the typical home sold here pays about $4,500.
- ▲ Raises it slightly4 bedrooms and 3 baths, against 3+2 and 2 typically.
Total price vs nearby homes. Likely closing about $1.14M, from 35 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 27 detached homes for sale in the area against 35 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $657/sqft against an area asking average of $834/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 35 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $918K. 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
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. 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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($657/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Wexford-Maryvale, so I widened the search to the surrounding area.
Based on 35 comparable homes that sold in Wexford-Maryvale over the past two years, from 259 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.04M, which is where my estimate comes from.
Per square foot, these ask about $701/sqft; this home lists at $657/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Wexford-Maryvale: $891K in September 2026, down 7% from a year ago, on 120 closings in 11 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $965K | 14 |
| November 2025 | $864K | 8 |
| December 2025 | $1.06M | 6 |
| February 2026 | $945K | 5 |
| March 2026 | $1.06M | 10 |
| April 2026 | $935K | 16 |
| May 2026 | $955K | 12 |
| June 2026 | $930K | 11 |
| July 2026 | $838K | 18 |
| August 2026 | $875K | 6 |
| September 2026 | $891K | 14 |
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.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $919,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,082
- Property tax
- $397
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,479
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $19,455
- Toronto municipal land transfer tax
- $19,455
- Estimated closing costs
- $38,910
Plus your down payment of $229,800. 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
- $304,945
- Principal paid down
- $112,309
- Interest paid
- $192,636
- Balance remaining
- $806,891
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 (91 of 287 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 33 whole-home leases in Wexford-Maryvale signed at a median of $3,167 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,700. 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 RIGHT AT HOME REALTY. MLS®/PropTx.