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Scarborough Village, Toronto
$999,000
Exceptional value in one of Scarborough's most established & desirable neighbourhoods. Nestled on a quiet crescent in sought-after Scarborough Village, this extensively renovated bungalow offers a rare opportunity to enjoy turnkey living, built-in income potential, & family-friendly convenience at a price point that is becoming increasingly difficult to find in Toronto. Surrounded by neighbourhoods where homes regularly command significantly higher values, this property delivers outstanding space, flexibility, & lifestyle without the million-dollar-plus price tag. Just min to the Bluffs, GO Station, waterfront trails, parks, schools, shopping, & major transit routes, the location strikes the perfect balance between community charm & urban accessibility. Imagine enjoying your morning coffee on the front porch while watching your children walk safely into school just steps away. Set on a 64x140 ft lot w large backyard, the home has been comprehensively updated & meticulously maintained, offering the confidence & comfort of a truly move-in ready property. The bright, welcoming layout provides ideal family living, while the self-contained lower-level unit w separate entrance creates exceptional flexibility for rental income, multi-generational living, or private accommodations for extended family. In today's market, the ability to offset carrying costs while building equity in a detached home is a tremendous advantage. Outside, the expansive backyard offers endless opportunities for entertaining, gardening, or enjoying outdoor space rarely found this close to the city. A single-car attached garage plus parking for four vehicles adds everyday practicality. Renovated, income-capable, exceptionally well maintained, & positioned in a high-demand neighbourhood w lasting appeal. Whether you're looking for a smart financial move, a family home with room to grow, or a detached property that offers far more than its price point suggests, this is an opportunity not to be missed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,075 |
| Lot Size | 64.69 ft x 140 ft |
| mls© Number | E13171930 |
| Listed By | Signature Elite 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%
- $5,113
- Property tax
- $423
- Heat allowance
- $150
- Housing costs
- $5,686 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
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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