54 Tower Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Wexford-Maryvale. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,349,999 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 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 40 x 125 ft lot
- Features a separate entrance, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free, In-Law Suite, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Spacious, Updated Home In Sought-After Wexford Heights, Featuring A Rare Three-Level Addition And Modern Design Throughout. This 5+2 Bedroom Residence Offers Flexibility For Large Or Multi-Generational Families, With A Brand-New Separate Entrance And A New Luxury 3-Pc Primary Ensuite With Custom Shower. The Main Floor Boasts An Open-Concept Living/Dining Area, A Sleek Kitchen With Granite Counters, Large Island, Stainless Steel Appliances, And A Family Room Overlooking The Yard. Upstairs Features Vaulted Ceilings, Four Bedrooms With Ample Closet Space, And An Updated 4-Pc Bath. The Finished Basement With Separate Entrance, Includes A Complete With Kitchen, Dining, Living Area, Two Bedrooms, Full Bath, Separate Laundry. Potential Rental Income Of Up To $2,000/Month. Step Outside To A Private Backyard Oasis Backing Onto Greenspace. With Deck, Gazebo, Hot Tub, Heated Inground Pool, And Flagstone Patio. Prime Location On A Quiet Street Close To Popular Restaurants On Lawrence Ave, Schools, Community Centre, Parks, Shopping, And Hwy 401. Minutes To Parkway Mall. This Home Truly Has It All!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Park, Public Transit, School, Rec./Commun.Centre
Interior Features
Carpet Free, In-Law Suite, Storage
Security Features
Community Features
Location
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 54 Tower Drive, Toronto E04, ON M1R 3N9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,349,999 in Toronto, the legal minimum down payment is $270,000 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 $23,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,475 also applies, bringing the total estimated land transfer taxes to $46,950.
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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.
