49 Greendowns Drive, Toronto, ON
Scarborough Village, Toronto · MLS® E13595136
About this home
In short
- Newly built 4+1 bedroom, 5-bathroom detached residence situated on a 45 ft x 112 ft premium lot in Scarborough Village, one of Scarborough's most desirable and...
- An open-concept layout connects the living, dining, and kitchen areas, ideal for both everyday living and entertaining.
- The gourmet kitchen is fully equipped with a built-in refrigerator, 36-inch gas range, walk-in pantry, custom coffee bar, and a large central island suitable for...
- The second floor offers four generously sized bedrooms and three full bathrooms, including a tranquil primary suite with a spa-inspired five-piece ensuite.
- The fully finished basement, accessed through a separate private entrance, includes a complete kitchen, bedroom, bathroom, and separate laundry facilities.
Newly built 4+1 bedroom, 5-bathroom detached residence situated on a 45 ft x 112 ft premium lot in Scarborough Village, one of Scarborough's most desirable and established communities. This home is thoughtfully designed to deliver luxury family living, functional space, and income or multigenerational flexibility. The main level features 9-foot ceilings and an impressive double-height foyer, creating strong visual impact and excellent natural light. An open-concept layout connects the living, dining, and kitchen areas, ideal for both everyday living and entertaining. The living room is anchored by a modern gas fireplace feature wall that adds warmth and architectural interest. The gourmet kitchen is fully equipped with a built-in refrigerator, 36-inch gas range, walk-in pantry, custom coffee bar, and a large central island suitable for casual dining or hosting guests. The second floor offers four generously sized bedrooms and three full bathrooms, including a tranquil primary suite with a spa-inspired five-piece ensuite. A dedicated second-floor laundry room enhances daily convenience. The fully finished basement, accessed through a separate private entrance, includes a complete kitchen, bedroom, bathroom, and separate laundry facilities. This space is ideal for extended family living, in-law or nanny accommodation, or rental income. Additional features include a double-car garage with extra-height doors, an interlocking driveway with parking for up to four vehicles, and close proximity to schools, parks, public transit, and local amenities. A rare opportunity to own a modern, high-quality home with upscale finishes and flexible long-term use potential in Scarborough Village.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13595136
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 45.11 × 112.47 ft
- Cross streets
- Greendowns Dr & Lochleven Dr
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,714 / 2025
- Days on market
- 89
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe assigned public school is Scarborough Village Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $676/sqft; this home lists at $600/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Scarborough Village, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,079,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,967
- Property tax
- $643
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,610
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,455
- Toronto municipal land transfer tax
- $23,455
- Estimated closing costs
- $46,910
Plus your down payment of $269,800. 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
- $358,025
- Principal paid down
- $131,858
- Interest paid
- $226,167
- Balance remaining
- $947,342
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.