48 Wharton Square, Toronto, ON

$1,549,990
MLS#:E9037667
7 beds
5 baths
6.0 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This listing is no longer active (Sold)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 Milliken. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,549,990 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.

  • 7 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Premium 25.69 x 142.27 ft lot size
  • Features a walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, In-Law Capability, In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

$$$Hundreds of Thousand Dollars Worth of UPGRADES!!! Brand New Renovated House from Top to Bottom, Inside Out! Huge Pie Shape Lot with Rear of 58.76ft, Sides on 142.27ft. New Kitchen on 1st floor& basement with New Appliances, all Bathrooms are New with Stone Countertops, New Legal Walk-Up Basement with Separate Entrance. Newly Renovated Legal Basement with 3 Spacious Bedrooms and 2 Full Bathrooms (with rough-in for 2nd laundry room)! $$$Potential Rental Income! Hardwood Floor on 1st and 2nd, New Molding, Smooth Ceiling and Pot Lights Throughout. New Roof (2022), New Interlock Front and Backyard (2022), New Garage Doors (2022), Security System installed, New Stairs (2020), New Windows (2023), Cozy setup of Pergola and Tool House in Backyard. Good School District, Top Elementary and Middle Schools, Perfect for Big Family, A MUST SEE!!

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Key Features

Bedrooms
7
Bathrooms
5
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 2, 2024
Sold price information is available to members only
Listed Date7/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementWalk-Up, Finished
Lot Size25.69 × 142.27 Feet
CountyToronto
Annual Tax$5,629.32
Legal DescriptionPARCEL 70-1, SECTION M2130 LOT 70, PLAN 66M2130

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Carpet Free, In-Law Capability, In-Law Suite

Security Features

Community Features

Location

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48 Wharton Square, 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 48 Wharton Square, Toronto E07, ON M1V 4N5

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.

Market Trend
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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$309,998 (20.0%)
* Minimum Canadian down payment required for this price is $309,998.
Amortization Period25 Years
Estimated Monthly Payment$7,389Based on a loan of $1,239,992 over 25 years.
Purchase Price$1,549,990
Loan Amount$1,239,992
Provincial Land Transfer Tax:$27,475
Toronto Municipal Land Transfer Tax:$27,475
Total Estimated Closing Taxes:$54,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,549,990 in Toronto, the legal minimum down payment is $309,998 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 $27,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,475 also applies, bringing the total estimated land transfer taxes to $54,950.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$988,242

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

Prince of Peace
Public255 Alton Towers Circle, Scarborough, Toronto, Ontario, M1V 4E7
9.0
Our Lady of Grace
Public121 Brimwood Boulevard, Scarborough, Toronto, Ontario, M1V 1E5
4.9
Percy Williams
Public35 White Heather Boulevard, Scarborough, Toronto, Ontario, M1V 1P6
9.0
St Sylvester
Public260 Silver Springs Boulevard, Scarborough, Toronto, Ontario, M1V 1S4
8.9
Sathya Sai
Public5321 Finch Avenue East, Scarborough, Toronto, Ontario, M1S 5W2
10.0

Secondary Schools

Albert Campbell
Public1550 Sandhurst Circle, Scarborough, Toronto, Ontario, M1V 1S6
7.1
Francis Libermann
Public4640 Finch Avenue East, Scarborough, Toronto, Ontario, M1S 4G2
7.2
Mary Ward
Public3200 Kennedy Road, Scarborough, Toronto, Ontario, M1V 3S8
7.2
Dr Norman Bethune
Public200 Fundy Bay Boulevard, Scarborough, Toronto, Ontario, M1W 3G1
7.9
L’Amoreaux
Public2501 Bridletowne Circle, Scarborough, Toronto, Ontario, M1W 2K1
5.3

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.