113 Scarboro Avenue, Toronto, ON

$2,000
MLS#:E13460932
2 beds
1 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick and concrete block construction, this residence presents an exceptional opportunity offered at $2,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 49.02 x 309.94 ft lot
  • Features a apartment, separate entrance, full, walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Bright and contemporary 2-bedroom basement apartment in desirable Highland Creek. This self- contained unit has its own separate entrance and is carpet-free, featuring an expansive 23+ ft open-concept living, dining, and kitchen area with pot lights throughout, neutral tasteful colour tones, and above-grade windows for excellent natural light. The kitchen offers extensive cabinetry including two pantries, ceramic backsplash, gas stove, and built-in dishwasher. Both bedrooms face the rear garden and include built-in closets. The washroom boasts an oversized frameless glass shower and floating vanity. Newer front-loader washer/dryer in common laundry area. Up to 2 parking spaces available. Tenant responsible for 40% utilities. Located near Highland Creek Village with easy access to public trails, transit, the 401, waterfront trails, places of worship, shopping, the Toronto Zoo, the Pan Am Centre, and U of T Scarborough. Ideally suited for a professional couple seeking a quiet, home-like setting in the country. Available immediately, subject to Rental Application.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/18/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Concrete Block
BasementApartment, Separate Entrance, Full, Walk-Up, Finished
Lot Size49.02 × 309.94 Feet
CountyToronto

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Place Of Worship, Public Transit, School

Interior Features

Accessory Apartment, Carpet Free

Security Features

Community Features

Location

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113 Scarboro Avenue, Toronto, 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 113 Scarboro Avenue Basement, Toronto E10, ON M1C 1M5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$100 (5.0%)
* Minimum Canadian down payment required for this price is $100.
Amortization Period25 Years
Estimated Monthly Payment$11Based on a loan of $1,900 over 25 years.
Purchase Price$2,000
Loan Amount$1,900
Provincial Land Transfer Tax:$10
Toronto Municipal Land Transfer Tax:$10
Total Estimated Closing Taxes:$20

About Purchasing a Home in Toronto, ON

For a property listed at $2,000 in Toronto, the legal minimum down payment is $100 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10 also applies, bringing the total estimated land transfer taxes to $20.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Highland Creek, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,269,483

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

Cardinal Leger
Public600 Morrish Road, Scarborough, Toronto, Ontario, M1C 4Y1
6.7
St John
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
8.1
St Paul
Public685 Military Trail, Scarborough, Toronto, Ontario, M1E 4P6
5.8
St Jean de Brebeuf
Public101 Dean Park Road, Scarborough, Toronto, Ontario, M1B 2X2
7.7
St Florence Catholic
Catholic101 Murison Boulevard, Scarborough, Toronto, Ontario, M1B 2L6
6.7

Secondary Schools

West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9
Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0

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.