88 Colonel Danforth Trail, Toronto, ON
Centennial Scarborough, Toronto · MLS® E13452076
About this home
Something Very Special Here! Gorgeous Executive 2-Storey, 4 Bedroom Home, 5 Washrooms Plus Home boasts 8 Separate Exits/Walkouts! Approx. 3700 SQ.FT. On A 100' x 194' Lot And Triple Garage! The Location Is Perfect, A Country-Like Setting Next To Highland Creek. Spacious Principle Rooms Include: Formal Foyer With Skylight & Open Staircase; Library; Family. Room. With Gas Fireplace; Formal Dining. Room; Sunken Living Area. Incls: Mounted T.V. & Walkout To Terrace; Main Floor 2pc Powder Room; Separate Breakfast Area With Walkout To A 40 Foot+ Terrace Overlooking Yard. Updated Dream Kitchen, 6 Built-In Appliances, Intercom, Breakfast Bar With Mini Sink & Wine Fridge. Next to Kitchen An Updated Laundry, Direct Garagr Access and Private Back Stairway to Primary Bedroom and Home Office! Home Features Updated Windows, Updatef Interior & Exterior Doors, Self-Closing Interior Doors, Motorized Blinds W/Remotes, Porcelain & Ceramic Floors, Engineered Hardwood Flrs, Pot Lights And Crown Moulding. The Second Floor Has 4 bedrooms Plus Studio Loft. A large Primary With 5 Piece Ensuite, Walk-in Closet And Home Office With Staircase Leading To Kitchen, Lndry And Garage. 2nd Bdrm incls Semi-4pc Ensuite. The Studio Loft has loads of Potential Including A 5th Bedroom. A Brilliant Backyard Oasis With Saltwater Inground Pool And All The Elements for Exquisite Outdoor Entertaining. (Fully Fenced Yard; Covered Patio With Second Mounted TV, Hot Tub, Gas BBQ, Gazebo With Third Mounted TV And Change Rooms.) The Finished Basement With Separate Entrance Is Perfect For Entertaining! Includes: A Lovely Rec Rm With Gas Fireplace And Fourth Mounted TV; Massive Bar for Entertaining and Fifth Mounted TV; Games Area And A Second Kitchen; Plus A Separate Home Gym W/Rubber Floor. Could Be Another Bedroom; Second Laundry + Storage And 5pc Bath. Please Review Floor Plans/Photos/Matterport/Survey. Note: All Hardwood Floors are "Engineered"
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13452076
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 100.11 × 194.85 ft
- Cross streets
- Meadowvale Rd & Lawrence Ave. E.
- Parking
- 3 garage · 10 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $9,489 / 2026
- Days on market
- 31
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
formal rm · crown moulding · hardwood floor
access to garage · b/i shelves
b/i appliances · breakfast bar · wet bar
W/O To Pool
w/o to terrace · porcelain floor · crown moulding
Open Concept
b/i appliances · b/i bar
Gas Fireplace
b/i shelves · porcelain floor · crown moulding
double closet · ceiling fan(s)
sunken room · l-shaped room · w/o to terrace
double closet · ceiling fan(s)
combined w/office · walk-in closet(s) · 5 pc ensuite
gas fireplace · hardwood floor · crown moulding
Combined w/Laundry
4 pc ensuite · double closet
Unfinished
Listed at $2,399,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. 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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.99M, a bit lower.
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 $1.52M
- Bedrooms −$30K
- Adjusts to $1.49M
That comparable adjusts to $1.49M; the $2.50M estimate above is the median of all 10 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 Highway 2a Overpass East Side is about a 7-minute walk away.
Total price vs nearby homes. Fair value about $2.50M, median of 10 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 1% below the area average of $568/sqft.
30 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Centennial Scarborough, 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: Lawson Rd at Highway 2a Overpass East Side, about 544 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 $1,919,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,242
- Property tax
- $791
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,032
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $46,450
- Toronto municipal land transfer tax
- $46,450
- Estimated closing costs
- $92,900
Plus your down payment of $479,800. 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
- $614,494
- Principal paid down
- $244,411
- Interest paid
- $370,083
- Balance remaining
- $1,674,789
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.