162 Tower Drive, Toronto E04, ON

$1,168,000
MLS#:E12730006
5 beds
3 baths
700-1100 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Wexford-Maryvale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,168,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 40 x 124.08 ft lot
  • Features a ["apartment", "separate entrance", "walk-up", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free, Floor Drain
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Skip the $250K+ renovation and lock in your total cost today. Rarely offered ~2,100 sq.ft fully renovated home featuring a never-lived-in LEGAL duplex basement apartment (2025) completed with permits and inspections - protecting you from the compliance risks many non-registered basement units face. Beautiful luxury finishes. In a neighbourhood where most homes require major updates after closing, this property has already completed the expensive work: new roof, all windows, doors, insulation, grading, underground plumbing, backwater valves, sump pump, 200-amp service, new AC, water tank (owned 2021) kitchens, baths, flooring and so much more - all new and backed by a 2-year warranty. Two fully self-contained units with separate laundry provide flexibility for multi-generational living or income potential up to approx. $5,800/month, helping offset carrying costs from day one. Enjoy a private backyard backing onto open Meadoway greenspace - no homes directly behind - on an exceptional 124-ft deep lot. The main level offers a rare primary ensuite bath with curbless shower plus bathroom access from every bedroom (3 full baths total). Ideal for buyers comparing older homes needing work vs. a move-in ready beauty! Conveniently located near schools, Costco, Hwy 401 & DVP. Pre-Home Inspection Available.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 9, 2026
Sold price information is available to members only
Listed Date1/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size40 × 124.08 Feet
CountyToronto
Annual Tax$4,094.7
Legal DescriptionPARCEL 59-1, SECTION M637 LOT 59, PLAN M637 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Park, Place Of Worship, School, Public Transit, Rec./Commun.Centre

Community Features

Location

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162 Tower Drive, Toronto E04, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 162 Tower Drive, Toronto E04, ON M1R 3P5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$934,400
Monthly Mortgage$5,429
Property Tax (Est.)$341
Utilities & Maint.$350
Total Monthly Cost$6,120

Strategic Fiscal Clarity

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No current listings found in Toronto E04.