For Lease
162 Tower Drive Basement #Basement
Wexford-Maryvale, Toronto, ON
$1,850
2Bd
1Ba
900+sqft
1Parking
$2/sqft
DetachedMLS# E12998128Listed 2026-04-1457 DOM
Cooling
Central Air
Basement
Finished
On the market for 57 days — longer than average. The seller may be open to negotiation.
About this home
LEGAL BASEMENT. BRAND NEW NEVER LIVED IN. SEPARATE ENTRANCE & ENSUITE LAUNDRY. BRAND NEW APPLIANCES. Brand new 2-bedroom legal basement suite available for lease in the desirable Wexford-Maryvale neighborhood. This never-lived-in space features premium upgrades throughout and brand new appliances for your convenience. Enjoy the privacy of a separate side entrance, large windows that fill the space with natural light. Perfect for comfortable and modern living in a great location. Tenant pays 40% utilities.
Rooms
Basement
| Living Room | 3.65 × 4.57 m | Combined w/Dining Combined w/Family Window |
| Dining Room | 3.65 × 4.57 m | Combined w/Family Combined w/Living Window |
| Family Room | 3.65 × 4.57 m | Combined w/Dining Combined w/Living Window |
| Bedroom | 3.05 × 3.05 m | Laminate Closet |
| Bedroom 2 | 3.05 × 3.05 m | Laminate |
| Kitchen | 2.43 × 1.82 m | Open Concept |
| Laundry | 1.22 × 1.52 m |
Features
- Carpet Free
- Apartment
- Finished
- Separate Entrance
- Walk-Up
- Central Air
- Bungalow
Financials
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1686.5% – 2464.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market57 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
78
/ 100
Walk Score
Very Walkable
58
/ 100
Transit Score
Good Transit
68
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.