120 Scarboro Crescent, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,498,800 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 60 x 240 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 120 Scarboro Crescent. Lovingly cared for and tucked away on a magical ravine lot over 200 feet deep, this charming 3+1 bedroom home offers a peaceful retreat surrounded by nature for family and friends to enjoy. The backyard is a true haven, featuring a 3-tier 15-foot waterfall pond, a powered storage & tool shed, powered gazebo and 3 sun decks perfect for yoga, coffee, or lounging while local wildlife completes the tranquil setting. Including a beautiful sun room with a skylight and walkout that offers uninterrupted views of the lush landscape. The spacious primary bedroom includes a south-facing balcony and a roomy 4-piece ensuite bath with heated flooring. The finished basement with a separate entrance adds flexibility, offering an additional bedroom and a 3-piece bathroom ideal for guests or in-laws, as well as a generous laundry/storage room. Many updates over the years including the roof (2023), siding (2024), eaves (2023), furnace/AC (2024) & more. Built-in garage and double wide driveway for 3 cars. Located in the highly sought-after Chine Drive school district, and just a short walk to the Scarborough Bluffs Tennis Club, Scarboro Crescent Park, the Waterfront Trail, and Bluffers Beach, this home blends warmth, character, and connection to the outdoors in one unforgettable package. Attractive VTB financing available.
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Pricing & Value Insights
Data-driven valuation for 120 Scarboro Crescent, Toronto E08, ON M1M 2J4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,498,800 in Toronto, the legal minimum down payment is $299,760 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 $26,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,451 also applies, bringing the total estimated land transfer taxes to $52,902.
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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.
