21 St Magnus Drive, Toronto, ON

Centennial Scarborough, Toronto · MLS® E13771150

$1,639,900
For Sale
Listed 38 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 6 parking
3000-3500Sq ft

About this home

In short

  • Positioned At The Entrance Of An Exclusive Executive Enclave In Centennial Scarborough's Desirable Lakeside Community, This Impressive 3,080 Sq Ft Home Offers...
  • A Dramatic 2-Storey Foyer & Sweeping Curved Hardwood Staircase Create An Impressive Welcome.
  • Upstairs, Hardwood Continues Through All 4 Bedrooms.
  • The Primary Features 2 Walk-In Closets & A Spacious Ensuite With Double Sinks, Quartz Counters, Separate Tub & Shower.
  • The Lower Level Offers Outstanding Potential With A Builder-Installed Double-Door Walk-Out Completed As Part Of The Original Custom Build, Plus High Ceilings...

Positioned At The Entrance Of An Exclusive Executive Enclave In Centennial Scarborough's Desirable Lakeside Community, This Impressive 3,080 Sq Ft Home Offers Exceptional Space, Privacy & Future Potential. Set On An Extra-Deep 150 Ft Lot Backing & Siding Onto Existing Residential Properties, The Setting Feels Peaceful & Private While Remaining Minutes From Every Urban Convenience. A Dramatic 2-Storey Foyer & Sweeping Curved Hardwood Staircase Create An Impressive Welcome. Hardwood Floors Extend Throughout The Main Level, Where Formal Living & Dining Rooms Are Highlighted By A Striking Stone Turret With Wraparound Windows. A Built-In Pantry Area With Walk-In Pantry Connects To The Modern Kitchen Featuring Flat-Panel Cabinetry, Quartz Counters, Stainless Steel Appliances & A Custom Island. As A Bonus, The Seller Will Professionally Re-Face The Kitchen Prior To Closing In The Buyer's Choice Of Colour. The Kitchen Opens To The Family Room With Gas Fireplace & Walk-Out To The Patio & Private Backyard. A Partially Enclosed Office Nook Offer a potential work from home space. Main Floor Laundry With Garage Access & Custom Built-Ins. Upstairs, Hardwood Continues Through All 4 Bedrooms. The Primary Features 2 Walk-In Closets & A Spacious Ensuite With Double Sinks, Quartz Counters, Separate Tub & Shower. Bedrooms 2 & 3 Share A Full Bath, While Bedroom 4 Enjoys Its Own Private Ensuite & Built-In Vanity. The Lower Level Offers Outstanding Potential With A Builder-Installed Double-Door Walk-Out Completed As Part Of The Original Custom Build, Plus High Ceilings, Rough-In Bath, Sauna, Electrical Rough-Ins & Framed Exterior Walls & Ceilings, Providing An Excellent Head Start For A Future Suite Or Additional Living Space. Outside, Enjoy A Large Patio, Pergola & Impressive Concrete Pad Ideal For A Future ADU, Swim Spa Or Extended entertaining space. Steps To Adams Park, Top-Rated Schools, Shopping, Dining, Port Union Community Centre, Library, Rouge GO, Waterfront Trails & Hwy 401.

Key facts

Property type
Detached, 2-Storey
MLS®
E13771150
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
49.96 × 150.17 ft
Cross streets
Hwy 401 & Port Union Rd
Parking
2 garage · 6 parking (attached)
Basement
Unfinished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,571 / 2025
Days on market
38
Listing brokerage
The Nook Realty Inc.

Rooms

LaundryMain3.03 × 2.05 m

w/o to garage · laundry sink · tile floor

BreakfastMain1.86 × 1.53 m

pantry · tile floor

Bedroom 2Upper4.26 × 3.45 m

semi ensuite · hardwood floor · california shutters

OfficeMain3.32 × 2.52 m

hardwood floor · california shutters

KitchenMain5.68 × 4.24 m

w/o to patio · centre island · tile floor

Bedroom 3Upper3.73 × 3.42 m

semi ensuite · hardwood floor · double closet

Living RoomMain10.40 × 3.62 m

combined w/kitchen · gas fireplace · california shutters

Dining RoomMain8.35 × 3.42 m

combined w/family · hardwood floor · crown moulding

Bedroom 4Upper3.38 × 3.33 m

hardwood floor · double closet · california shutters

Primary BedroomUpper5.66 × 4.29 m

5 pc ensuite · his and hers closets · california shutters

Family RoomMain8.35 × 3.42 m

combined w/dining · bay window · california shutters

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.62Mlikely sale price

Listed at $1,639,900. 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 $1.62M, if it sells. A realistic range is $1.52M to $1.83M.

Independent value check: $1.48M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.39M and $1.56M).

Why $1.48M. 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 it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $7,571 a year; the typical home sold here pays about $5,100.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 38 days on the market against about 21 for homes like it here, and asking 10% above where comparable closings put it.

List price
$1.52MBelow recent closings$1.83MAbove recent closings

Total price vs nearby homes. Likely closing about $1.62M, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$1.09Mmedian sold price
100%of asking, on average
−2%prices vs a year ago
~13 dayshomes like this take to sell
38days on market so far
$5,344/moest. rent · 13 leases
3.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.9 months of inventory: 13 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $505/sqft against an area asking average of $566/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 $1.48M. 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • 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 Centennial Road Junior Public School. 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 ($505/sqft) is below 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.

What sellers nearby are askingCurrently listed nearby in Centennial Scarborough · asking prices
$1.48Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.48M, which is where my estimate comes from.

Per square foot, these ask about $518/sqft; this home lists at $505/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.64MThis home1.40M1.33M1.75M1.32M1.57MThis home vs active comparables

Sold 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.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.08M8
February 2026$1.15M5
March 2026$1.24M6
April 2026$1.02M9
May 2026$1.10M9
June 2026$1.05M7
July 2026$1.09M13
September 2026$1.09M10

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Rouge E11
$1.15M
Bendale
$949K
Wexford-Maryvale
$849K
Steeles
$1.20M
Woodbine-Lumsden
$949K

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 Centennial Road Junior Public School
71%
Centennial Road Junior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 71% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Charlottetown Junior Public School · Public elementary0.9 km · 68% at standard
St Dominic Savio Catholic School · Catholic elementary1.2 km · 70% at standard
Rouge Valley Public School · Public elementary1.2 km · 73% at standard
William G Davis Junior Public School · Public elementary1.3 km · 88% at standard
Meadowvale Public School · Public elementary1.4 km · 81% at standard
West Rouge Junior Public School · Public elementary1.5 km · 71% at standard
Chief Dan George Public School · Public elementary2.0 km · 60% at standard
Cardinal Leger Catholic School · Catholic elementary2.1 km · 78% at standard
St Malachy Catholic School · Catholic elementary2.3 km · 73% at standard
John G Diefenbaker Public School · Public elementary2.4 km · 60% at standard
Highland Creek Public School · Public elementary2.4 km · 53% at standard
Morrish Public School · Public elementary2.5 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,474/mo
$308KIncome needed
5.3×Price ÷ income
$1,725Weekly cost
$58,546Land transfer tax, one-time (Ontario + Toronto)
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.

92%mortgage
Mortgage $7,474Property tax $631Total carry $8,105

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,254per month

Mortgage amount $1,311,920 · 4.49% over 25 years

$327,980Down payment (20.0%)
$1,311,920Loan before insurance
$0CMHC premium
$7,885Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,254
Property tax
$631
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,885

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

One-time closing costs

Ontario land transfer tax
$29,273
Toronto municipal land transfer tax
$29,273
Estimated closing costs
$58,546

Plus your down payment of $327,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,780/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

$864,229Total interest paid
$2,176,149Total of all payments
Principal $1,311,920 Interest $864,229
YearPrincipalInterestBalance
1$29,276$57,770$1,282,644
2$30,606$56,440$1,252,038
3$31,995$55,051$1,220,042
4$33,448$53,598$1,186,594
5$34,967$52,079$1,151,628
6$36,554$50,492$1,115,073
7$38,214$48,832$1,076,859
8$39,949$47,097$1,036,910
9$41,763$45,283$995,147
10$43,659$43,387$951,488
11$45,642$41,404$905,846
12$47,714$39,332$858,132
13$49,880$37,166$808,252
14$52,145$34,901$756,107
15$54,513$32,533$701,594
16$56,988$30,058$644,607
17$59,575$27,471$585,032
18$62,280$24,766$522,751
19$65,108$21,938$457,644
20$68,064$18,982$389,580
21$71,154$15,892$318,425
22$74,385$12,661$244,040
23$77,762$9,283$166,277
24$81,293$5,753$84,984
25$84,984$2,062$0

At the end of your 5-year term

Total paid over the term
$435,230
Principal paid down
$160,292
Interest paid
$274,937
Balance remaining
$1,151,628

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
From 13 whole-home leases in Centennial Scarborough$5,344/mo
$64,128Gross annual rent
2.9%Cap rate after taxes and upkeep
$4,789 to $5,750Typical rent range

The suite is real income here: basements rent in Centennial Scarborough (19 of 55 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 13 whole-home leases in Centennial Scarborough signed at a median of $3,699 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,344. 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.

3.9%
Gross yield
− Property tax $7,571− Insurance $1,400− Vacancy & upkeep $7,054Net operating income $48,103

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of The Nook Realty Inc.. MLS®/PropTx.

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