6-121 Centennial Road, Toronto, ON

Centennial Scarborough, Toronto · MLS® E13552280

$619,900
For Sale
Listed 7 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1200-1399Sq Ft

About this home

Welcome to this beautifully maintained bright spacious 3 bedroom, 2 bath home in the heart of the desirable Centennial/Rouge Hill neighbourhood. Upgraded throughout. The main level features a sun-filled living and dining area ideal for entertaining or relaxing with family. There is a walk out to fenced yard, perfect for your BBQ parties. The kitchen offers plenty of counter and cabinet space with room for a small breakfast bar or table. Upstairs there are 3 generous sized bedrooms, with ample closet space. This house boasts all Smooth Ceilings with custom wired centre ceiling lights. Newer Windows Throughout. Enjoy the convenience of being just minutes from TTC transit, Rouge Hill Go Station, highly rated schools, parks, grocery stores, restaurants and the scenic Lake Ontario waterfront Trails. With easy access to Hwy 401, commuting across the GTA is effortless. Don't miss your chance to own this beautifully updated townhome in a great neighbourhood. Just move in and enjoy.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
E13552280
Bedrooms
3
Bathrooms
2 (1 half)
Size
1200-1399
Cross streets
Lawrence/Centennial
Parking
1 garage · 2 parking (built-in)
Basement
Finished
Heating
Baseboard
A/C
None
Exterior
Brick
Maintenance
$588/mo
Exposure
West
Property tax
$2,247 / 2025
Days on market
7
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Primary BedroomSecond4.11 × 2.92 m

overlooks park · laminate · double closet

BedroomSecond3.38 × 2.30 m

closet · broadloom · large window

Dining RoomMain4.20 × 3.06 m

overlooks living · laminate · open concept

RecreationBasement3.44 × 3.05 m

laminate · window

Great RoomMain5.14 × 3.32 m

w/o to yard · vaulted ceiling(s) · laminate

KitchenMain3.68 × 2.56 m

breakfast bar · stainless steel appl · large window

BedroomSecond3.42 × 2.61 m

double closet · broadloom · large window

Moe’s TakeTeam Asgarian · Broker
In line
$698Kest. value

Listed at $619,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

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

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $579K, a bit lower. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $738K
  • Bathrooms −$15K
  • Adjusts to $723K

That comparable adjusts to $723K; the $698K estimate above is the median of all 12 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. Lawrence Ave East at Centennial Rd is about a 2-minute walk away.

List price
$539KGreat deal$785KOverpriced

Total price vs nearby homes. Fair value about $698K, median of 12 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$574kavg asking

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

12-48 Three Valleys Drive$600k62-79 Driftwood Avenue$539k85-19 London Green Court$499k1-35 Somers Avenue$830k1017-100 Mornelle Court$400k

The 5 closest of 8 active listings nearby.

See all comparable homes
620kThis home600k539k499k830k400kThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $688K
$477this home / sqft
87active listings nearby
7days on market

This home lists 20% below the area average of $599/sqft.

4 days longer than the Toronto average (3 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

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: Lawrence Ave East at Centennial Rd, about 174 m away

20+ transit stops1 grocery14 dining15 parks3 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.

Morningside
$591K
Malvern
$516K
Victoria Village
$782K
L'Amoreaux
$600K
Don Valley Village
$720K

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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,825/mo
$128KIncome needed
4.9×Price ÷ income
$652Weekly 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.

78%mortgage
Mortgage $2,825Property tax $187Condo fee $588Total carry $3,601

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%
$
%
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)
$2,646per month

Mortgage amount $495,920 · 4.14% over 25 years

$123,980Down payment (20.0%)
$495,920Loan before insurance
$0CMHC premium
$3,422Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,646
Property tax
$187
Condo / maintenance fees
$588
Heating
$0
Estimated monthly cost
$3,422

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

One-time closing costs

Ontario land transfer tax
$8,873
Toronto municipal land transfer tax
$8,873
Estimated closing costs
$17,746

Plus your down payment of $123,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,214/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

$298,004Total interest paid
$793,924Total of all payments
Principal $495,920 Interest $298,004
YearPrincipalInterestBalance
1$11,618$20,139$484,302
2$12,104$19,653$472,199
3$12,610$19,147$459,589
4$13,137$18,620$446,451
5$13,687$18,070$432,764
6$14,259$17,498$418,505
7$14,856$16,901$403,649
8$15,477$16,280$388,172
9$16,125$15,632$372,047
10$16,799$14,958$355,248
11$17,502$14,255$337,746
12$18,234$13,523$319,513
13$18,997$12,760$300,516
14$19,791$11,966$280,725
15$20,619$11,138$260,106
16$21,481$10,276$238,625
17$22,380$9,377$216,245
18$23,316$8,441$192,928
19$24,291$7,466$168,637
20$25,307$6,450$143,330
21$26,366$5,391$116,964
22$27,469$4,288$89,495
23$28,618$3,139$60,877
24$29,815$1,942$31,062
25$31,062$695$0

At the end of your 5-year term

Total paid over the term
$158,785
Principal paid down
$63,156
Interest paid
$95,629
Balance remaining
$432,764

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$4,100/mo
$49,200Gross annual rent
5.5%Est. cap rate

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.

7.9%
Gross yield
− Property tax $2,247− Condo fees $7,056− Insurance $600− Vacancy & upkeep $5,412Net operating income $33,885

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

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