7 Chapais Crescent, Toronto, ON
Centennial Scarborough, Toronto · MLS® E13654466
About this home
In short
- The Perfect Family Home in Centennial.
- Tastefully renovated while retaining its classic charm, this 4-bed, 4-bath 2-storey home sits on a pie-shaped lot in a family-friendly neighbourhood.
- Built in 1969, it offers ~2073 sq. ft. plus 846 sq. ft. finished basement-perfect for a growing family.
- Updates include: Main floor & kitchen reno (2015/16) Basement with 3-pc bath & sauna (2021) Flooring (upper level + living/dining) (2023) Windows/doors (2017-2021)...
- Walk to schools, Port Union Community Centre (library, skate park, basketball court, fitness), and plaza with LCBO, Beer Store, shops, and eateries.
The Perfect Family Home in Centennial ! Tastefully renovated while retaining its classic charm, this 4-bed, 4-bath 2-storey home sits on a pie-shaped lot in a family-friendly neighbourhood. Built in 1969, it offers ~2073 sq. ft. plus 846 sq. ft. finished basement-perfect for a growing family. Enjoy a spacious eat-in kitchen with a rare separate side entrance mudroom (2021) and powder room. The garage has been professionally converted into a home office with built-in desk and storage. Updates include: Main floor & kitchen reno (2015/16) Basement with 3-pc bath & sauna (2021) Flooring (upper level + living/dining) (2023) Windows/doors (2017-2021) Roof (2016), eaves/soffits/fascia (2021) Window coverings (2024) Driveway sealed (2025) In-ground pool professionally filled (2011) Unbeatable Location! Walk to schools, Port Union Community Centre (library, skate park, basketball court, fitness), and plaza with LCBO, Beer Store, shops, and eateries. Steps to Waterfront Trail, Rouge National Urban Park, TTC & Rouge Hill GO. This move-in-ready gem blends space, comfort, and lifestyle-your forever home awaits! "Beach and campground ( 3 min drive)
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13654466
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 43.41 × 108 ft
- Cross streets
- Port Union & Lawrence
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,128 / 2025
- Days on market
- 72
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
tile floor · quartz counter · overlooks backyard
tile floor · 2 pc bath · side door
laminate · 3 pc ensuite · overlooks backyard
laminate · combined w/living · w/o to yard
tile floor · 3 pc bath · sauna
finished · renovated · open concept
laminate · closet · overlooks frontyard
laminate · closet · overlooks frontyard
laminate · bay window · overlooks frontyard
hardwood floor · b/i closet · separate room
tile floor · combined w/kitchen · w/o to yard
laminate · closet · overlooks frontyard
Listed at $1,328,000. Going by how homes in Centennial Scarborough and the wider GTA have actually closed against their asking prices (about 99%, 21 local closings in 90 days), the likely sale price is near $1.31M, if it sells. A realistic range is $1.23M to $1.48M.
Independent value check: $1.06M. Without looking at the asking price, our model values the home itself about 20% below the ask (homes like it typically land between $997K and $1.11M).
Why $1.06M. The typical detached home sold in Centennial Scarborough over the past year went for about $1.10M (75 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightly4 bedrooms and 4 baths, against 4+1 and 3 typically.
- ▼ Lowers it slightlyIts lot is 43 by 108 ft; the typical lot sold here is 52 by 118.
Longer on the market than typical. 72 days on the market against about 21 for homes like it here, and asking 25% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.31M, from 21 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 8 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $590/sqft against an area asking average of $582/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.19M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($590/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 21 comparable homes that sold in Centennial Scarborough over the past two years, from 167 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $538/sqft; this home lists at $590/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Centennial Scarborough: $1.09M in September 2026, down 3% from a year ago, on 67 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 8 |
| February 2026 | $1.15M | 5 |
| March 2026 | $1.24M | 6 |
| April 2026 | $1.02M | 9 |
| May 2026 | $1.10M | 9 |
| June 2026 | $1.05M | 7 |
| July 2026 | $1.09M | 13 |
| September 2026 | $1.09M | 10 |
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.
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: 8 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 $1,062,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,874
- Property tax
- $427
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,302
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,035
- Toronto municipal land transfer tax
- $23,035
- Estimated closing costs
- $46,070
Plus your down payment of $265,600. 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
- $352,452
- Principal paid down
- $129,806
- Interest paid
- $222,646
- Balance remaining
- $932,594
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 numbersThe last 12 whole-home leases in Centennial Scarborough signed at a median of $3,825 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,587. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.