48 Tower Dr, Toronto

Name: 48 Tower Drive
SKU: E13687620
Price: 1199000 CAD
Availability: InStock

4 Bed, 1 Bath Detached Home in Toronto

About 48 Tower Drive

***4 BEDROOMS! RENOVATED & MOVE-IN READY! Backing onto greenspace!*** Nestled in the heart of Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting 1950 sq ft of above-grade living space, this property delivers the space today's families are searching for. The main floor welcomes you with a bright, spacious foyer featuring a large closet and a 2-piece bath with cozy in-floor heating. Step into the open-concept living, dining, and kitchen area flooded with natural light and finished with hardwood floors - whether hosting family or entertaining friends, this inviting space brings everyone together. Walk out 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 stylish and functional, featuring granite countertops, stainless steel appliances, and timeless finishes. Upstairs, you'll find 4 spacious bedrooms with hardwood floors throughout, including a primary suite complete with a walk-in closet and semi-ensuite access (with more cozy in-floor heating!). The basement provides abundant additional space ready to suit your needs. Partially finished and versatile, it's perfect for a home office, gym, rec room, or hobby space, while offering ample storage and future potential to grow with you. Located within an established family-friendly community with mature tree-lined streets, pride of ownership, and a 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!

4 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $799 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 48 Tower Dr

Every detail from the listing, in one place.

Type: Detached
Style: 1 1/2 Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 4 spaces
Basement: Partially Finished

Features & systems

Parking & garage

Parking spaces: 4

Interior

Basement: Partially Finished

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 1 1/2 Storey
Property class: Detached

48 Tower Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 18, 2026For saleListedThis listingMLS® E13687620$1,199,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 48 Tower Dr Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,273Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home48 Tower Drive 4 bd · 1 ba · 1,500 sqft	$1,199,000asking	$799	—	—
119 McNicoll Avenue 3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue 3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway 4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent 3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue 4 bd · 4 ba · 3,500 sqft
87 Winstanly Crescent 3 bd · 2 ba · 1,100 sqft

119 McNicoll Avenue
3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue
3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway
4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent
3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue
4 bd · 4 ba · 3,500 sqft
87 Winstanly Crescent
3 bd · 2 ba · 1,100 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Hakimi Lebovic StationLine 52.3 km
Golden Mile StationLine 52.3 km
Pharmacy StationLine 52.4 km

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Hakimi Lebovic Station (Line 5)2.3 km
Golden Mile Station (Line 5)2.3 km
Pharmacy Station (Line 5)2.4 km

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Hakimi Lebovic Station
2.3 kmClosest· Line 5
Homes near Hakimi Lebovic Station
Golden Mile Station
2.3 km· Line 5
Homes near Golden Mile Station
Pharmacy Station
2.4 km· Line 5
Homes near Pharmacy Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 48 Tower Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 48 Tower Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $5,890; 20% down · 25 years · 5.5% assumed
Property tax: $659; 0.66% mill rate · ON
Total per month: $6,549; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$5,890

/mo

based on the purchase price of $1,199,000

Down payment20%

$239,800 cash

Amortization25 yr

$959,200 financed

Rate5.50%

$807,898 total interest

Principal54%$959,200

Interest46%$807,898

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

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 48 Tower Dr with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 48 Tower Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 48 Tower Dr

How much is 48 Tower Dr listed for?

48 Tower Dr is listed at $1,199,000 (MLS® E13687620). Summitly updates the price as soon as the MLS® record changes.

Is $1,199,000 a good price for 48 Tower Dr?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 48 Tower Dr changed?

No — 48 Tower Dr is still listed at its original asking price of $1,199,000.

How many bedrooms and bathrooms does 48 Tower Dr have?

48 Tower Dr has 4 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.

Is 48 Tower Dr close to transit?

The nearest rapid-transit station is Hakimi Lebovic Station (Line 5), about 2.3 km in a straight line. Golden Mile Station is about 2.3 km, and Pharmacy Station is about 2.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 48 Tower Dr?

About $5,890 a month — principal and interest on $1,199,000 with 20% down ($239,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 48 Tower Dr compare with other homes in Toronto?

Its asking price of $1,199,000 is about 42% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 48 Tower Dr been sold before?

Summitly has no earlier MLS® sale or lease of 48 Tower Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is 48 Tower Dr?

48 Tower Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 48 Tower Dr been on the market?

66 days — 48 Tower Dr was listed on August 18, 2026.

What is the price per square foot of 48 Tower Dr?

About $600 to $799 per square foot: the asking price of $1,199,000 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 48 Tower Dr have parking or a garage?

Yes — the listing gives 4 parking spaces.

What you should know

4 Bed, 1 Bath Detached Home in Toronto

About 48 Tower Drive

Inside 48 Tower Dr

Features & systems

48 Tower Dr Price & Sale History

How 48 Tower Dr Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 48 Tower Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Tower Drive? See what yours is worth

Zara, any time

A licensed local agent

See 48 Tower Dr, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

4 Bed, 1 Bath Detached Home in Toronto

About 48 Tower Drive

Inside 48 Tower Dr

Features & systems

48 Tower Dr Price & Sale History

How 48 Tower Dr Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 48 Tower Dr

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Tower Drive? See what yours is worth

Zara, any time

A licensed local agent

See 48 Tower Dr, Toronto in person

Questions About 48 Tower Dr

How much is 48 Tower Dr listed for?

Is $1,199,000 a good price for 48 Tower Dr?

Has the price of 48 Tower Dr changed?

How many bedrooms and bathrooms does 48 Tower Dr have?

Is 48 Tower Dr close to transit?

How much would the monthly mortgage be on 48 Tower Dr?

How does 48 Tower Dr compare with other homes in Toronto?

Has 48 Tower Dr been sold before?

Where is 48 Tower Dr?

How long has 48 Tower Dr been on the market?

What is the price per square foot of 48 Tower Dr?

Does 48 Tower Dr have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 48 Tower Dr

How much is 48 Tower Dr listed for?

Is $1,199,000 a good price for 48 Tower Dr?

Has the price of 48 Tower Dr changed?

How many bedrooms and bathrooms does 48 Tower Dr have?

Is 48 Tower Dr close to transit?

How much would the monthly mortgage be on 48 Tower Dr?

How does 48 Tower Dr compare with other homes in Toronto?

Has 48 Tower Dr been sold before?

Where is 48 Tower Dr?

How long has 48 Tower Dr been on the market?

What is the price per square foot of 48 Tower Dr?

Does 48 Tower Dr have parking or a garage?