42 Scarboro Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Highland Creek. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,999 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 700-1100 sqft on a premium 48 x 150 ft lot
- Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Central Vacuum, Rough-In Bath, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 42 Scarboro Ave, proudly offered for sale for the first time in over 20 years! Nestled in a quiet pocket of Scarborough, this charming home sits on a large 48' x 150' lot with mature trees and a cozy firepit the perfect setting for family gatherings or peaceful evenings outdoors. This 3+1 bedroom, 1+1 bathroom bungalow features recent updates to the main floor, including brand-new flooring, fresh paint, and upgraded cabinetry, offering a modern touch while preserving its warm character. Oversized front windows fill the home with natural light throughout the day, creating a bright and welcoming atmosphere. The spacious primary bedroom includes a roughed-in area for a potential ensuite, offering future flexibility. The finished basement boasts a separate entrance, wood-burning fireplace, and plenty of space to serve as an in-law suite, private apartment, or the ultimate entertainment/chill space. Located just minutes from the University of Toronto Scarborough campus, Centennial College, grocery stores, gyms, local shops, and restaurants. Quick and easy access to Highway 401 (just 4 minutes from your doorstep) makes commuting a breeze. Dont miss this rare opportunity to own a well-maintained, thoughtfully renovated home in a vibrant and convenient community! The gardens have maintenance-free perennials which minimizes work, and maximizes natural beauty.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
Interior Features
Central Vacuum, Rough-In Bath, Water Heater Owned
Security Features
Community Features
Location
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 42 Scarboro Avenue, Toronto E10, ON M1C 1M3
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 $999,999 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.
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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.
