28 Princeway Drive, Toronto, ON

$989,000
MLS#:E9283479
5 beds
2 baths
4.0 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This listing is no longer active (Sold)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 Bungalow detached located in the coveted neighborhood of Wexford-Maryvale. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $989,000 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 2 Bathrooms with 2 functional kitchens
  • Premium 45 x 122 ft lot size
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 28 Princeway Drive in the sought after community of Wexford! This fabulous 3 bedroom two bath home with designer finishes will surely not disappoint. The corner lot makes for a very bright and airy main floor boasting hardwood floors and an updated kitchen with breakfast bar connecting to the open concept living and dining room with a walk-out to deck. The finished lower level with separate entrance offers opportunities for potential income or multi-generational living. The lower level contains two bedrooms and a three piece bath and kitchen. The property also offers a private fenced yard, attached garage and private drive. The community has excellent schools at all levels and is a few minutes walk from nearby Maryvale Park, featuring a pool, splash pad, playground and sports fields. Commuting is easy, with the nearby TTC just a five-minute walk in either direction and the 401 a short 5-minute drive away. Nearby, Parkway Mall provides essential amenities like Metro, banking, McDonalds, Tim Hortons, Shoppers Drug Mart, LCBO, and many other shops and eateries.

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Key Features

Bedrooms
5
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 10, 2024
Sold price information is available to members only
Listed Date8/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStucco (Plaster)
BasementApartment, Finished
Lot Size45 × 122 Feet
CountyToronto
Annual Tax$4,613.61
Legal DescriptionPCL 6747 SEC SCARBOROUGH LOT 110, PLAN M646 SUBJECT TO LT555751 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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28 Princeway 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 28 Princeway Drive, Toronto E04, ON M1R 2W1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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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$73,900 (7.5%)
* Minimum Canadian down payment required for this price is $73,900.
Amortization Period25 Years
Estimated Monthly Payment$5,453Based on a loan of $915,100 over 25 years.
Purchase Price$989,000
Loan Amount$915,100
Provincial Land Transfer Tax:$16,255
Toronto Municipal Land Transfer Tax:$16,255
Total Estimated Closing Taxes:$32,510

About Purchasing a Home in Toronto, ON

For a property listed at $989,000 in Toronto, the legal minimum down payment is $73,900 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 $16,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,255 also applies, bringing the total estimated land transfer taxes to $32,510.

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 Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,312

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.