192 Tower Drive, Toronto, ON

$1,724,900
MLS#:E11947508
6 beds
5 baths
2500-3000 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wexford-Maryvale. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,724,900 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.

  • 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2500-3000 sqft on a premium 40.04 x 125.15 ft lot
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Floor Drain, Ventilation System, Water Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

One-of-a-Kind Custom Home in Wexford/Maryvale. Welcome to this stunning custom-built masterpiece in a beautiful, family-friendly neighbourhood! This modern home offers approx. 2900 of Living space and features a sleek exterior with warm wood accents and a soft, inviting color palette that captivates at first glance. Step inside to an open, airy, and sunlit ambiance with 10 ft ceilings on the main floor, large windows, and skylights filling every corner with natural light. With 4+2 bedrooms, 1+1 kitchens, and 5 elegant bathrooms, this home is designed for both comfort and function. Luxurious engineered oak hardwood floors, glass railings, and quartz countertops enhance the sophisticated interior. The home is fully fenced, offering privacy and security for the entire family. Experience elevated living with stunning light fixtures and timeless design. Don't miss the opportunity to make this architectural gem your own!

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Key Features

Bedrooms
6
Bathrooms
5
Kitchens
2
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateFebruary 7, 2025
Sold price information is available to members only
Listed Date1/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementApartment, Finished
Lot Size40.04 × 125.15 Feet
CountyToronto
Annual Tax$6,866.78
Legal DescriptionPARCEL 142-1, SECTION M637 LOT 142, PLAN M637 SUBJECT TO LT541009 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Floor Drain, Ventilation System, Water Meter, Water Heater

Security Features

Community Features

Location

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192 Tower Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 192 Tower Drive, Toronto E04, ON M1R 3P7

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$344,980 (20.0%)
* Minimum Canadian down payment required for this price is $344,980.
Amortization Period25 Years
Estimated Monthly Payment$8,223Based on a loan of $1,379,920 over 25 years.
Purchase Price$1,724,900
Loan Amount$1,379,920
Provincial Land Transfer Tax:$30,973
Toronto Municipal Land Transfer Tax:$30,973
Total Estimated Closing Taxes:$61,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,724,900 in Toronto, the legal minimum down payment is $344,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,973 also applies, bringing the total estimated land transfer taxes to $61,946.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,756

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.