498 Scarborough Road, Toronto E02, ON

$1,199,000
MLS#:E12200657
3 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 34.5 x 140 ft lot
  • Features a ["finished with walk-out"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Primary Bedroom - Main Floor
  • equipped with ["central air"] central cooling and highly efficient radiant heating via gas

Welcome to this charming and beautifully-maintained bungalow nestled on an extra-deep 34.5 x140-foot lot in the heart of the coveted Upper Beaches. Massive private driveway fitting up to 6 cars, plus a detached 2-car tandem garage great for hobbyists, mechanics, or extra storage! This rare find combines timeless character with unbeatable outdoor space and parking that is nearly unheard of in the area. Amazing potential to redevelop this lot now or in the future. Garden suite potential. This home is larger than it appears! Features 2 bedrooms and office on the main floor and a large above grade addition, plus a large bedroom on the lower level. Primary bedroom is 195sq ft. Both bedrooms feature double closets. Soaring 8'-9.5' ceilings downstairs! In move-in-ready condition. Fully fenced yard (2024), private backyard with mature tree canopy ideal for summer BBQs (with a gas hook up), perfect for gardening featuring perennial plantings, or relaxing in nature. Quiet, family-friendly street steps from parks, top schools (Adam Beck Elementary has a French Immersion program and Community Centre; Malvern CI is highly-ranked), TTC, and all the shops and cafes along Kingston Rd, plus the Steve & Sally Stavro Family YMCA. Minutes to the Beach,Glen Stewart Ravine, and GO Station (1 Stop to Union Station from Danforth GO). Newly-constructed oversized garage (2024) allows parking for 2 tandem cars and could feature a handyman's workshop. Garage built with Hardie Board fiber cement siding and steel roof. $90K build constructed with permits! Don't miss your chance to own one of the larger lots in the Upper Beaches - this home offers endless possibilities and exceptional value. OFFERS ANYTIME. Not to be missed!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 23, 2025
Sold price information is available to members only
Listed Date6/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Wood
Lot Size34.5 × 140 Feet
CountyToronto
Annual Tax$5,934.67
Legal DescriptionPT LT 43 PL 667 MIDWAY AS IN CT35353; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Central Air"]

Features

Property Features

Fenced Yard, Park, Rec./Commun.Centre

Community Features

Location

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498 Scarborough Road, Toronto E02, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 498 Scarborough Road, Toronto E02, ON M4E 3N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$959,200
Monthly Mortgage$5,573
Property Tax (Est.)$495
Utilities & Maint.$350
Total Monthly Cost$6,418

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E02.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East End Danforth, Toronto E02.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,054,053

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Kimberley
Public50 Swanwick Avenue, Toronto, Ontario, M4E 2Z5
6.4
Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
5.8
Williamson Road
Public24 Williamson Road, Toronto, Ontario, M4E 1K5
7.9
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Blantyre
Public290 Blantyre Avenue, Scarborough, Toronto, Ontario, M1N 2S4
6.9

Secondary Schools

Malvern
Public55 Malvern Avenue, Toronto, Ontario, M4E 3E4
9.1
Notre Dame
Public12 Malvern Avenue, Toronto, Ontario, M4E 3E1
7.7
Neil McNeil
Public127 Victoria Park Avenue, Scarborough, Toronto, Ontario, M4E 3S2
7.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.