124 Bathgate Drive, Toronto, ON

Centennial Scarborough, Toronto · MLS® E13417996

$1,799,000
For Sale
Listed 38 days ago
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7Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq Ft

About this home

Rare 5-bedroom home in the heart of Centennial with a legal 2 bedroom basement apartment and separate main floor suite with private entrance. Beautifully renovated detached home offering over 4,000 sq ft of finished living space, including a newly updated legal basement apartment. The main floor features a bright open-concept layout with hardwood floors, pot lights, and a renovated kitchen with a large stone island, stainless steel appliances, and plenty of space for entertaining. The main floor bedroom/suite is perfect for in-laws, extended family, or a home-based business setup. Upstairs offers 4 spacious bedrooms including a large primary bedroom with double closets and an updated ensuite. Great setup for large or multi-generational families. Located in one of Scarborough's most desirable family neighbourhoods, close to top-rated schools, U of T Scarborough, parks, TTC, GO Station, Hwy 401, Lake Ontario, and waterfront trails. Photos are from a previous listing.

Key facts

Property type
Detached, 2-Storey
MLS®
E13417996
Bedrooms
7 (5 + 2)
Bathrooms
4 (1 half)
Size
2500-3000
Lot
55 × 121 ft
Cross streets
Meadowvale and Lawson
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,631 / 2025
Days on market
38
Listing brokerage
REALTY ONE GROUP REVEAL

Rooms

Primary BedroomSecond3.94 × 5.19 m

4 pc ensuite · double closet · large closet

Dining RoomMain5.15 × 4.18 m

hardwood floor · brick fireplace · overlooks backyard

Living RoomBasement3.82 × 2.05 m

vinyl floor · open concept

Bedroom 2Second4.14 × 5.51 m

ceiling fan(s) · laminate · large closet

LaundrySecond1.50 × 3.00 m
Bedroom 3Basement2.98 × 2.98 m
Bedroom 4Second3.72 × 3.22 m

overlooks backyard · laminate · large closet

Bedroom 2Basement3.83 × 2.98 m

Vinyl Floor

KitchenMain5.93 × 3.36 m

porcelain floor · stone counters · open concept

BedroomBasement4.09 × 4.41 m

vinyl floor · above grade window

Bedroom 3Second4.10 × 4.31 m

ceiling fan(s) · laminate · large closet

Bedroom 5Main4.07 × 3.74 m

hardwood floor · led lighting · pot lights

Living RoomMain3.91 × 5.95 m

hardwood floor · overlooks frontyard · large window

LaundryBasement2.00 × 3.20 m
KitchenBasement6.80 × 4.26 m

vinyl floor · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.71Mest. value

Listed at $1,799,000, this home is about 5% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($654/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Centennial Scarborough, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.32M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.74M
  • Bedrooms +$30K
  • Adjusts to $1.77M

That comparable adjusts to $1.77M; the $1.71M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Sir Oliver Mowat Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Lawson Rd at Roydawn Ct is about a 6-minute walk away.

List price
$1.47MGreat deal$1.80MOverpriced

Total price vs nearby homes. Fair value about $1.71M, median of 5 comparables.

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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Centennial Scarborough · asking prices
$1.43Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

72 Bonacres Avenue$1.57M3 Ruddell Place$1.40M73 Long Island Crescent$1.07M146 Colonel Danforth Trail$1.65M

The 4 closest active listings nearby.

See all comparable homes
1.80MThis home1.57M1.40M1.07M1.65MThis home vs active comparables
Live market pulseActive comparables in Centennial Scarborough · median list $1.19M
$654this home / sqft
23active listings nearby
38days on market

This home lists 3% below the area average of $671/sqft.

37 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Centennial Scarborough, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

45/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Lawson Rd at Roydawn Ct, about 488 m away

20+ transit stops1 grocery20+ dining15 parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Charlottetown Junior Public School
68%
Charlottetown Junior Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 68% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$8,199/mo
$332KIncome needed
5.4×Price ÷ income
$1,892Weekly cost
20% down4.79%25-yr amortization

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.

94%mortgage
Mortgage $8,199Property tax $553Total carry $8,752

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,680per month

Mortgage amount $1,439,200 · 4.14% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,233Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,680
Property tax
$553
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,233

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,328/monthPayment at the qualifying rate

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

$864,832Total interest paid
$2,304,032Total of all payments
Principal $1,439,200 Interest $864,832
YearPrincipalInterestBalance
1$33,715$58,446$1,405,485
2$35,126$57,036$1,370,359
3$36,595$55,566$1,333,764
4$38,126$54,036$1,295,638
5$39,720$52,441$1,255,918
6$41,382$50,779$1,214,536
7$43,113$49,048$1,171,423
8$44,916$47,245$1,126,507
9$46,795$45,366$1,079,712
10$48,752$43,409$1,030,959
11$50,792$41,370$980,168
12$52,916$39,245$927,252
13$55,130$37,032$872,122
14$57,436$34,726$814,686
15$59,838$32,323$754,849
16$62,341$29,820$692,508
17$64,949$27,213$627,559
18$67,665$24,496$559,894
19$70,496$21,666$489,398
20$73,444$18,717$415,954
21$76,516$15,645$339,438
22$79,717$12,444$259,721
23$83,051$9,110$176,670
24$86,525$5,636$90,144
25$90,144$2,017$0

At the end of your 5-year term

Total paid over the term
$460,806
Principal paid down
$183,282
Interest paid
$277,524
Balance remaining
$1,255,918

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.

Let's connect

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

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.7%Est. cap rate

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 numbers

Estimates 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.

3.5%
Gross yield
− Property tax $6,631− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $48,039

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REALTY ONE GROUP REVEAL. MLS®/PropTx.

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