48 Tower Drive, Toronto E04

Price: $1,199,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13687620

***4 BEDROOMS!!! RENOVATED & MOVE-IN READY!!! BACKING ONTO GREENSPACE!!!*** Nestled in the heart of Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting 1950 sq ft of above-grade living space, this property delivers the space today's families are searching for. The main floor welcomes you with a bright, spacious foyer featuring a large closet and a 2-piece bath with cozy in-floor heating. Step into the open-concept living, dining, and kitchen area flooded with natural light and finished with hardwood floors - whether hosting family or entertaining friends, this inviting space brings everyone together. Walk out to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views. In the cooler months, gather around the custom wood-burning fireplace, creating the perfect cozy retreat. The updated kitchen is stylish and functional, featuring granite countertops, stainless steel appliances, and timeless finishes. Upstairs, you'll find 4 spacious bedrooms with hardwood floors throughout, including a primary suite complete with a walk-in closet and semi-ensuite access (with more cozy in-floor heating!). The basement provides abundant additional space ready to suit your needs. Partially finished and versatile, it's perfect for a home office, gym, rec room, or hobby space, while offering ample storage and future potential to grow with you. Located within an established family-friendly community with mature tree-lined streets, pride of ownership, and a welcoming atmosphere. Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze. Beautifully updated, lovingly cared for, and move-in ready...there's nothing left to do but pack your bags!

48 Tower Drive - Detached photo 1 of 26 in Dorset Park / Kennedy Park, Ontario
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New Listing
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$1,199,000 - 48 Tower Drive, Kennedy Park

Detached for Sale in Kennedy Park

New — Listed 5 days ago

Neighbourhood: Wexford-Maryvale

4Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13687620
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Dorset Park / Kennedy Park
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

***4 BEDROOMS!!! RENOVATED & MOVE-IN READY!!! BACKING ONTO GREENSPACE!!!*** Nestled in the heart of Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting 1950 sq ft of above-grade living space, this property delivers the space today's families are searching for. The main floor welcomes you with a bright, spacious foyer featuring a large closet and a 2-piece bath with cozy in-floor heating. Step into the open-concept living, dining, and kitchen area flooded with natural light and finished with hardwood floors - whether hosting family or entertaining friends, this inviting space brings everyone together. Walk out to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views. In the cooler months, gather around the custom wood-burning fireplace, creating the perfect cozy retreat. The updated kitchen is stylish and functional, featuring granite countertops, stainless steel appliances, and timeless finishes. Upstairs, you'll find 4 spacious bedrooms with hardwood floors throughout, including a primary suite complete with a walk-in closet and semi-ensuite access (with more cozy in-floor heating!). The basement provides abundant additional space ready to suit your needs. Partially finished and versatile, it's perfect for a home office, gym, rec room, or hobby space, while offering ample storage and future potential to grow with you. Located within an established family-friendly community with mature tree-lined streets, pride of ownership, and a welcoming atmosphere. Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze. Beautifully updated, lovingly cared for, and move-in ready...there's nothing left to do but pack your bags!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Wexford-Maryvale

Discover Wexford-Maryvale

Wexford-Maryvale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Wexford-Maryvale

  • Convenient location in Dorset Park / Kennedy Park
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Wexford-Maryvale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

48 Tower Drive, Dorset Park / Kennedy Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$2,101

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $799/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Kennedy Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Kennedy Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Kennedy Park. Good resale value as demand remains consistent.

About Wexford-Maryvale

I know Wexford-Maryvale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Kennedy Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    48 Tower Drive | $1,199,000 | Battaglia Team