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Wexford-Maryvale, Toronto
$935,000
Welcome to 1557 Pharmacy Ave, a rare opportunity to own a detached bungalow offering the space, flexibility, and convenience today's buyers are looking for. Featuring three bedrooms and a practical layout, this home is an excellent option for families, first-time buyers, downsizers, or anyone looking for a detached property with room to grow and adapt.The finished basement with a separate entrance adds another level of versatility, providing valuable additional living space with the flexibility for a recreation area, home office, guest space, or an additional room where the existing office is located, depending on the buyer's needs.The home has also benefited from several important improvements, including a hot water tank replaced in January 2024, along with updates to the gas furnace, roof, and top-floor bedroom and bathroom windows. The hot water tank and furnace are owned, with no rental contracts to assume.Set within the established Wexford-Maryvale community, the location brings everyday convenience close to home. Enjoy easy access to TTC service, Highway 401, Parkway Mall, grocery stores, Scarborough Costco on Warden Avenue, schools, restaurants, neighbourhood parks, and a wide range of shopping and daily amenities.Whether you are looking for a comfortable family home, valuable additional living space, or the opportunity to personalize a detached property over time, 1557 Pharmacy Ave offers an appealing combination of location, functionality, and flexibility. A rare opportunity in an established Toronto neighbourhood that deserves to be experienced in person.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,489 |
| Lot Size | 41.67 ft x 120 ft |
| mls© Number | E13688570 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,786
- Property tax
- $374
- Heat allowance
- $150
- Housing costs
- $5,310 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$163,000
gross annual household income
- Payment at 4%
- $3,935 / mo
- Cash down
- $187,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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