$1,099,000
964 Pharmacy Avenue
Toronto (Wexford-Maryvale), Ontario
5bed4bath
detached in Toronto (Wexford-Maryvale)
Browse 30 active listings
Market Analysis
In Wexford-Maryvale, detached homes attract a diverse range of buyers, from young families seeking space for their children to retirees looking to downsize while remaining close to community amenities. The local population appreciates a blend of urban convenience and suburban tranquility, making this neighborhood appealing for those who desire a family-friendly environment without sacrificing access to city life. Many buyers are drawn to the area's good schools, such as Wexford Collegiate Institute and St. Timothy Catholic School, which contribute to its reputation for being family-oriented. Additionally, young professionals are increasingly finding the area attractive for its affordability compared to other Toronto neighborhoods while maintaining a strong sense of community.
Price Insights
In the Wexford-Maryvale neighborhood, buyers can expect to find a range of detached homes priced between $0 and $1,500,000. The median price of $989,950 offers a good entry point, while the average price of $1,030,783 opens the door to larger or more updated properties. For these price points, buyers can often find homes with three to five bedrooms, spacious backyards, and modern amenities. Homes on streets like Linton Avenue or Morningside Avenue often feature updated kitchens and finished basements, making them ideal for families needing extra space. Notably, properties on quiet cul-de-sacs or near parks like Wexford Park tend to command a premium but offer a serene living environment.
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About This Property Type
Detached homes in Wexford-Maryvale are characterized by their spacious layouts and generous lot sizes, providing ample outdoor space for families and pets. Many of these homes were built in the mid-20th century, showcasing classic brick exteriors and large windows that invite natural light. Buyers often appreciate the variety of architectural styles available, from bungalows on Derry Downs Crescent to two-story homes on Wexford Boulevard. Many properties have been renovated or updated, featuring modern kitchens and open-concept living spaces, merging traditional charm with contemporary conveniences. Detached homes here typically boast private driveways and garages, adding to their desirability for families who need parking space.
Location Highlights
Wexford-Maryvale is known for its excellent location, situated conveniently near major roadways like the Don Valley Parkway and Highway 401. This allows for easy commuting to downtown Toronto and other parts of the Greater Toronto Area. The neighborhood is rich in green space, with Wexford Park and the scenic Bridlewood Trail providing residents with opportunities for walking, jogging, and recreational activities. For families, proximity to reputable schools, including Maryvale Public School and St. John XXIII Catholic School, makes it an ideal choice. Additionally, the area's shopping amenities, such as the Wexford Plaza and nearby Scarborough Town Centre, ensure that everyday needs are easily met.
Investment Advice
Investing in a detached home in Wexford-Maryvale can be a smart financial decision due to the area's balanced market conditions and steadily appreciating property values. With a mix of young families and professionals moving into the area, demand remains strong. The median home price of $989,950 is competitive when compared to other Toronto neighborhoods, offering the potential for equity growth. Additionally, the neighborhood's solid school districts and community amenities contribute to a stable real estate market, making it less susceptible to drastic fluctuations. Buyers should consider the long-term benefits of homeownership in this thriving community, particularly as urban migration continues to push home prices higher across the Greater Toronto Area.
Buying Tips
For prospective buyers in Wexford-Maryvale, it's essential to do thorough research on available properties and their specific neighborhoods. Pay attention to the street names and their reputations; for example, homes on Silas Hill Drive are often sought after for their community feel and proximity to parks. It's advisable to get pre-approved for a mortgage to streamline the buying process, allowing you to act quickly when the right property comes along. Moreover, consider working with a local real estate agent who understands the nuances of the Wexford-Maryvale market and can provide insights into which homes may require less immediate maintenance or renovation. Always review recent sales in the area to gauge fair pricing and understand market trends.
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Frequently Asked Questions About Toronto (Wexford-Maryvale)
How many detached homes are for sale in Toronto (Wexford-Maryvale)?
There are currently 30 detached homes listed for sale in Toronto (Wexford-Maryvale) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Toronto (Wexford-Maryvale)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.