124 Scarboro Crescent, Toronto, ON
Cliffcrest, Toronto · MLS® E13121924
About this home
Welcome To This Exceptional & RARE Ravine Lot In The Heart Of The Prestigious Scarboro Bluffs Community! Situated On An Extroadinary 60ft X 250ft Lot, This Impressive Home Offers Endless Possibilities For Investors, Multi-Generational Living Or Convert Back To Single Family Home. Surrounded By Nature, Beautiful Views, Enjoy The Tranquility Of Backyard Oasis W/Deer. Reno In 2016 w 3 Well-Appointed Suites & a Basement Apartment With A Walk Out To Private Garden. Each Suite Offers Laundry & Walk Out Access To The Deck/Yard With Peaceful Ravine Views. The Spacious Main Flr Suite Offers A Functional Layout With Living, Dining Rm, Eat-In Kitchen & Family Rm Along With 2-3 Piece Bathrooms & A Generous Primary Bedroom w Wall-To-Wall Closets. Can Open Up To Make An Extremely Large Open Concept Kitchen And Family Rm & Wonderful Views Of The Garden. The 2nd Flr Features 2 Bright & Airey Suites, Each w Walk-Out To a Large Deck & Ravine-Backed Yard. Both Units Include Living & Dining Areas, Eat-In Kitchen, 2 Bedrms & 2 Bathrms, Enhanced W Engineered Maple Flooring, Vaulted Ceilings & Large Skylights. The 2nd Flr Also Has Its Own Washer & Dryer For Added Convenience. Open Concept Basement Suite Provides a Comfortable 1 Bdrm Layout w a Living, Dining & Kitchen Area, Its Own Washer/Dryer & a 3-Piece Bathroom Featuring a Glass Shower. The Attached Garage & Ample Parking Make This Property Ideal For Both Families And Investors. Located In The Highly Regarded Chine Drive School District & Just Minutes From The Bluffs, Beaches, Lake Ontario, And Scenic Trails Including; Scarborough Heights Waterfront Trail, Gates Gully, And Doris McCarthy Trail. This Hm Blends Comfort, Funtionality & Convenience In One Of Toronto's Most Sought-After Neighbourhoods. A Truly Unique Opportunity For Comfortable Living While Generating Income To Offset Your Mortgage, Currently Configured For Family/Friends To Live Together But Each W/ Their Private Suite. Strong Long Term Value!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13121924
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 7
- Size
- 3500-5000
- Lot
- 60 × 250 ft
- Cross streets
- Kingston Rd & Midland Ave
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Apartment, Finished
- Kitchens
- 4 (3 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,701 / 2025
- Days on market
- 65
- Listing brokerage
- MCCANN REALTY GROUP LTD.
Rooms
3 pc ensuite · picture window · walk-in closet(s)
combined w/kitchen · hardwood floor · skylight
laminate · open concept
laminate · picture window · w/w closet
hardwood floor · open concept · vaulted ceiling(s)
combined w/dining · laminate · pot lights
large window · w/o to deck
hardwood floor · w/o to deck
window · laminate
combined w/kitchen · skylight · w/o to deck
hardwood floor · double closet · window
laminate · fireplace · bay window
laminate · window
laminate · window · closet
combined w/dining · quartz counter · skylight
combined w/kitchen · laminate · pot lights
combined w/dining · hardwood floor · skylight
hardwood floor · window
4 pc ensuite · hardwood floor · window
This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.
Ask Moe if this price is fairIts public catchment (Chine Drive Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Kingston Rd at Sandown Ave is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Worth verifying
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 31% below the area average of $782/sqft.
64 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Kingston Rd at Sandown Ave, about 414 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,839,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,815
- Property tax
- $892
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,706
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,950
- Toronto municipal land transfer tax
- $43,950
- Estimated closing costs
- $87,900
Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $588,879
- Principal paid down
- $234,223
- Interest paid
- $354,657
- Balance remaining
- $1,604,977
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MCCANN REALTY GROUP LTD.. MLS®/PropTx.