148 Scarboro Crescent, Toronto, ON
Cliffcrest, Toronto · MLS® E13431732
About this home
THIS is THE backyard your kids, friends and family will talk about for the rest of their lives. Nestled along the ravine edge in the sought-after Cliffcrest/Cliffside area, this beautifully renovated 2-storey home sits on an extraordinary 50 x 250-ft lot with direct access to Midland Ravine, a natural playground where kids explore, friendships are made, dogs roam, and families connect with nature year-round. 2635 SF of living space. Thoughtfully updated while preserving its timeless character, this is a true forever home designed for modern family living. A charming Craftsman-inspired exterior, covered front porch and classic architecture create instant curb appeal, while soaring 10-ft ceilings, hardwood floors, oversized windows and custom millwork fill the home with warmth and natural light. The stunning farmhouse kitchen features integrated appliances, oversized subway tile, statement lighting, a walk-in pantry and a large centre island overlooking the backyard and ravine beyond. Connected principal rooms, a main floor powder room and a functional mudroom make everyday life effortless. Family-friendly details include a built-in dog retreat and a magical kids' cubby hideaway sure to spark young imaginations. The spectacular backyard stretches 250 feet deep along the protected ravine, offering endless room for soccer games, fort building, entertaining and outdoor adventures. A private gate opens directly to Midland Ravine, creating an extension of your backyard unlike anything else in the city. Upstairs offers 3 spacious bedrooms and 2 full baths, including a sun-filled primary retreat. The finished lower level adds a large rec room, 4th bedroom with ensuite, laundry and flexible space for guests, teens, a home office or movie nights. Located within the coveted Chine Drive Public School and R.H. King Academy catchments, and just steps to parks, trails, the Bluffs and the lake, this is a rare opportunity to own one of Cliffcrest's most special ravine properties.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13431732
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000
- Lot
- 50 × 250 ft
- Cross streets
- Kingston Rd & Midland Ave
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,353 / 2026
- Days on market
- 39
- Listing brokerage
- ROYAL LEPAGE ESTATE REALTY
Rooms
backsplash · b/i shelves · laundry sink
centre island · breakfast bar · backsplash
broadloom · ensuite bath · closet
closet · large window · hardwood floor
hardwood floor · walk-in closet(s) · large window
3 pc ensuite · hardwood floor · walk-in closet(s)
open concept · walk-out · large window
above grade window · open concept · pot lights
large window · open concept · b/i shelves
overlooks frontyard · double closet · 2 pc ensuite
Listed at $1,800,000, this home is about 22% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.43M, a close match.
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 $1.10M
- Bedrooms −$30K
- Adjusts to $1.07M
That comparable adjusts to $1.07M; the $1.48M estimate above is the median of all 7 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.
Its public catchment (Chine Drive Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Sandown Avenue is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $1.48M, median of 7 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- Value driver
- Lifestyle
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 30% above the area average of $793/sqft.
37 days longer than the Toronto average (2 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
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: Sandown Avenue, about 351 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 20, 2026); conventional rates run a little higher.
Mortgage amount $1,440,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,684
- Property tax
- $529
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,214
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,475
- Toronto municipal land transfer tax
- $32,475
- Estimated closing costs
- $64,950
Plus your down payment of $360,000. 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
- $461,062
- Principal paid down
- $183,384
- Interest paid
- $277,678
- Balance remaining
- $1,256,616
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
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 ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.