27 Sugarbush Square, Toronto, ON

Highland Creek, Toronto · MLS® E13419460

$1,529,000
For Sale
Listed 38 days ago
Request a showing
◎ Directions
8Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

About this home

Location, Location, Location! Welcome To This Stunning Fully Renovated 5-Bedroom Home In The Highly Sought-After Highland Creek Community. Thoughtfully Redesigned With Premium Finishes Throughout, This Exceptional Property Features A Brand-New Open-Concept Kitchen With Breakfast Area And Walkout To A Spacious Backyard Deck, Complemented By Heated Porcelain Flooring.The Inviting Family Room Offers A Cozy Fireplace And Heated Floors, While The Elegant Living And Dining Rooms Provide Ample Space For Entertaining. Main Floor Laundry With Direct Garage Access Adds Everyday Convenience. Hardwood And Porcelain Flooring Flow Throughout The Home. The Luxurious Primary Retreat Features A Large Walk-In Closet, A Spa-Inspired 5-Piece Ensuite, And An Adjacent Private Office-Perfect For Working From Home. A Major Highlight Is The Fully Finished Legal 3-Bedroom Basement Apartment With A Separate Entrance And Spacious 5-Piece Bathroom, Offering Excellent Rental Income Potential. The Current Basement Tenant Pays $$$/Month Plus 20% Of Utilities. Recent Upgrades Include A New Roof, Furnace, Air Conditioner, And Owned Tankless Hot Water System, Providing Peace Of Mind For Years To Come. An Exceptional Opportunity To Own A Beautifully Renovated Home With Income Potential In One Of Scarborough's Most Desirable Neighborhoods. The Basement Is Legally Built And Has 2 Bedrooms And 2 Living Rooms, It Is A Full Unit With A Separate Entrance. Please Use The Side Entrance To Enter Into The Basement Unit. It Is Being Rented Out For $2000. Upper Unit Rented Out For $4500 + Utilities.

Key facts

Property type
Detached, 2-Storey
MLS®
E13419460
Bedrooms
8 (5 + 3)
Bathrooms
4 (1 half)
Size
3000-3500
Lot
44.29 × 100.71 ft
Cross streets
Morrish & Ellesmere
Parking
2 garage · 4 parking (attached)
Driveway
Available
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$5,618 / 2026
Days on market
38
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Rooms

Bedroom 23.94 × 3.29 m

large window · closet · hardwood floor

Bedroom 53.33 × 3.37 m

Window

KitchenMain4.05 × 3.75 m

open concept · overlooks backyard · heated floor

Family RoomMain5.15 × 3.32 m

porcelain floor · fireplace · heated floor

Primary Bedroom4.11 × 3.32 m

5 pc ensuite · walk-in closet(s) · hardwood floor

LaundryMain2.20 × 2.20 m
Bedroom 43.94 × 3.35 m

large window · closet

Bedroom 33.94 × 3.23 m

large window · closet

Dining RoomMain3.69 × 3.31 m

porcelain floor · large window · heated floor

Living RoomMain5.94 × 3.31 m

hardwood floor · large window · pot lights

BreakfastMain4.05 × 2.88 m

porcelain floor · sliding doors · w/o to sundeck

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.10Mest. value

Listed at $1,529,000, this home is tracking about 27% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 28 similar homes nearby, adjusted for size, beds, and baths.Median of 28 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.29M, 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 $1.50M
  • Bedrooms +$120K
  • Bathrooms +$30K
  • Adjusts to $1.65M

That comparable adjusts to $1.65M; the $2.10M estimate above is the median of all 28 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 Highland Creek Public School. 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. Ellesmere Rd at Deep Dene Dr is about a 3-minute walk away.

List price
$1.53MGreat deal$2.27MOverpriced

Total price vs nearby homes. Fair value about $2.10M, median of 28 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.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Heated floors: comfort and a premium-finish signal.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Highland Creek · asking prices
$2.25Mavg asking

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

10 Haida Court$2.25M

The 1 closest active listing nearby.

See all comparable homes
1.53MThis home2.25MThis home vs active comparables
Live market pulseActive comparables in Highland Creek · median list $1.30M
$470this home / sqft
28active listings nearby
38days on market

This home lists 27% below the area average of $643/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

Highland Creek, 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

59/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Ellesmere Rd at Deep Dene Dr, about 246 m away

20+ transit stops20+ dining13 parks2 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 Highland Creek Public School
53%
Highland Creek Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 53% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$6,969/mo
$283KIncome needed
5.4×Price ÷ income
$1,608Weekly 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 $6,969Property tax $468Total carry $7,437

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)
$6,527per month

Mortgage amount $1,223,200 · 4.14% over 25 years

$305,800Down payment (20.0%)
$1,223,200Loan before insurance
$0CMHC premium
$6,996Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,527
Property tax
$468
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,996

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

One-time closing costs

Ontario land transfer tax
$27,055
Toronto municipal land transfer tax
$27,055
Estimated closing costs
$54,110

Plus your down payment of $305,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,928/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

$735,035Total interest paid
$1,958,235Total of all payments
Principal $1,223,200 Interest $735,035
YearPrincipalInterestBalance
1$28,655$49,674$1,194,545
2$29,854$48,475$1,164,691
3$31,103$47,227$1,133,588
4$32,404$45,926$1,101,184
5$33,759$44,570$1,067,425
6$35,171$43,158$1,032,254
7$36,642$41,687$995,612
8$38,175$40,154$957,437
9$39,772$38,558$917,665
10$41,435$36,894$876,229
11$43,169$35,161$833,061
12$44,974$33,355$788,086
13$46,855$31,474$741,231
14$48,815$29,514$692,416
15$50,857$27,472$641,558
16$52,985$25,345$588,574
17$55,201$23,129$533,373
18$57,510$20,820$475,863
19$59,915$18,414$415,948
20$62,421$15,908$353,526
21$65,032$13,297$288,494
22$67,753$10,577$220,741
23$70,587$7,743$150,154
24$73,539$4,790$76,615
25$76,615$1,714$0

At the end of your 5-year term

Total paid over the term
$391,647
Principal paid down
$155,775
Interest paid
$235,872
Balance remaining
$1,067,425

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$6,300/mo
$75,600Gross annual rent
3.9%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.

4.9%
Gross yield
− Property tax $5,618− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $60,266

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

CallRequest a showing