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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 16 days

    48 Tower Drive

    Wexford-Maryvale·Toronto, ON·M1R 3N9·Near Warden Ave & Lawrence Ave E

    • 4 beds
    Toronto real estate›E13420118
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Nestled in the heart of sought-after Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting a substantial rear addition that nearly doubles the square footage compared to many homes in the neighbourhood, this property delivers the space today's families have been searching for. The thoughtfully designed main floor features a bright, open-concept living, dining, and kitchen area flooded with natural light & hardwood floors. Whether you're hosting family gatherings or entertaining friends, this inviting space is designed to bring everyone together. Step outside to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views. In the cooler months, gather around the custom wood-burning fireplace, creating the perfect cozy retreat. The updated kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, and tasteful finishes that complement the home's timeless appeal. Upstairs, you'll find four spacious bedrooms, including a generously sized primary suite complete with a walk-in closet & semi-ensuite access. With room for the whole family, this upper level offers comfort, flexibility, and everyday convenience (& more beautiful hardwood!). The basement provides an abundance of additional living space ready to suit your needs. Partially finished and highly versatile, it's perfect for a home office, gym, rec room, or hobby space, while still offering ample storage and future potential to customize and grow with you. Located within an established and family-friendly community with mature tree-lined streets, pride of ownership, and welcoming atmosphere. Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze. Beautifully updated, lovingly cared for, and move-in ready...there's nothing left to do but pack your bags!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 9, 2026ListedCurrentFor sale$1,250,000 —E13420118This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 48 Tower Drive
    What's nearby

    Points of interest classified by the MLS® feed.

    • Fenced Yard
    • Public Transit
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,141
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $380
    0.36% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,104,333
      Last 30 days
    • Median sold price
      $869,103
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,752
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 48 Tower Drive — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 48 Tower Drive and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 48 Tower Drive listed for?

      48 Tower Drive is listed at $1,250,000 on the MLS® (listing E13420118). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 48 Tower Drive have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 2 baths
  2. 1500-2000 sqft
  3. Detached
  4. Asking
    $1,250,000
    $0 / sqft · MLS® E13420118
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,303,113
    $1,198,864Confidence range$1,407,362
    Asking vs estimate
    ≈in-line
    −$53,113
    (-4.1%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 16 days.

    Avg sold price
    $1,104,333
    Median sold
    $869,103
    Avg days on market
    28
    Recently sold
    6752
    See comparable sales
    AI highlights by Zara
    • Step outside to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views.
    • The updated kitchen is both stylish and functional, featuring granite countertops, stainless steel appliances, and tasteful finishes that complement the home's timeless appeal.
    • Upstairs, you'll find four spacious bedrooms, including a generously sized primary suite complete with a walk-in closet & semi-ensuite access.
    • Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze.
    Ask Zara a follow-up
    Sewer
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    Private
  7. Interior

    5
    Basement
    Partially Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Lower Level
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Shingles
    Foundation
    Concrete
    Pool
    None
  9. Listing & possession

    4
    Possession
    2026-08-31T00:00:00.000-00:00
    Occupancy
    60 / 90 / TBD
    Property style
    1 1/2 Storey
    Property class
    Detached
  10. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Kitchen
      stainless steel appl · centre island · renovated
      13.1 × 14.2 ft
    • Living Room
      double doors · broadloom · large window
      16.5 × 10.7 ft
    • Family Room
      hardwood floor · fireplace · open concept
      20.4 × 10.7 ft
    • Dining Room
      hardwood floor · w/o to deck · open concept
      13.1 × 11.7 ft

    Second level

    4 rooms
    • Bedroom 2
      hardwood floor · window · closet
      9.4 × 10.1 ft
    • Bedroom 4
      hardwood floor · window
      10.7 × 9.0 ft
    • Bedroom 3
      hardwood floor · window · closet
      10.7 × 14.0 ft
    • Primary Bedroom
      hardwood floor · walk-in closet(s) · semi ensuite
      21.5 × 13.1 ft

    Basement level

    1 room
    • Recreation
      pot lights · window · double closet
      23.8 × 13.6 ft
    Combined estimate
    $6,521
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,141
    /mo
    based on the purchase price of $1,250,000
    $250,000 cash
    $1,000,000 financed
    $842,262 total interest
    Monthly payment$6,141/ month
    Principal54%$1,000,000
    Interest46%$842,262

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 239 Manning Avenue
      Sold
      Sign in for price
      239 Manning Avenue
      Detached
    • 329 Lippincott Street
      Sold
      Sign in for price
      329 Lippincott Street
      Detached
    • 505 Soudan Avenue
      Sold
      Sign in for price
      505 Soudan Avenue
      Detached
    • 1 Bayford Avenue
      Sold
      Sign in for price
      1 Bayford Avenue
      Detached
    • 77 Stapleton Drive
      Sold
      Sign in for price
      77 Stapleton Drive
      Detached
    • 46 Medina Crescent
      Sold
      Sign in for price
      46 Medina Crescent
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    48 Tower DriveThis home4 / 215,002,000$1,250,000ask———
    239 Manning Avenue3 / 11,100—
    329 Lippincott Street4 / 42,000—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Toronto

    Active listings within ±20% of this asking price.

    • 125 Connaught Avenue
      $1,299,999
      125 Connaught Avenue
      Detached 5 3
    • 3833 Finch Avenue
      $1,128,000
      3833 Finch Avenue
      Detached 3 5
    • 46 Flintwick Drive
      $1,111,111
      46 Flintwick Drive
      Detached 3 4
    • 2 Del Ria Road
      $1,099,900
      2 Del Ria Road
      Detached 4 2
    • 30 Wintermute Boulevard
      $1,329,999
      30 Wintermute Boulevard
      Detached 4 4
    • 69 Holmstead Avenue
      $1,399,000
      69 Holmstead Avenue
      Detached 4 5
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of ROYAL LEPAGE SIGNATURE REALTY · displayed on Summitly per MLS® data-share rules

    48 Tower Drive is a 4-bedroom, 2-bath, 1500-2000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 48 Tower Drive built?

    The year built for 48 Tower Drive isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 48 Tower Drive?

    The 'Property tax' tab in the History section shows the most recent annual tax for 48 Tower Drive plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 48 Tower Drive?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,250,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 48 Tower Drive been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 48 Tower Drive with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 48 Tower Drive in?

    48 Tower Drive is in Wexford-Maryvale, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  20. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 505 Soudan Avenue
    4 / 5
    2,500
    —
    1 Bayford Avenue3 / 2700—
    77 Stapleton Drive3 / 21,100—
    46 Medina Crescent3 / 2700—