81 Vessel Crescent, Toronto, ON
Centennial Scarborough, Toronto · MLS® E13860372
About this home
In short
- Welcome to this stunning, carpet-free home situated just steps from the shores of Lake Ontario.
- Offering 3 spacious bedrooms + 2nd floor den/office and 3 bathrooms, this property combines modern comfort with an unbeatable location.
- The bright, open-concept main floor seamlessly integrates the living and family spaces, featuring a walk-out from the kitchen to a private backyard-perfect for...
- Upstairs, the primary bedroom serves as a true retreat, complete with a 4-piece ensuite featuring a relaxing soaker tub and separate standing shower.
- The fully finished basement features a separate walk-up entrance, complete with a living area, bedroom and secondary kitchen-offering tremendous versatility for...
Welcome to this stunning, carpet-free home situated just steps from the shores of Lake Ontario! Offering 3 spacious bedrooms + 2nd floor den/office and 3 bathrooms, this property combines modern comfort with an unbeatable location. The bright, open-concept main floor seamlessly integrates the living and family spaces, featuring a walk-out from the kitchen to a private backyard-perfect for entertaining. Upstairs, the primary bedroom serves as a true retreat, complete with a 4-piece ensuite featuring a relaxing soaker tub and separate standing shower. A large front balcony offers a wonderful spot to enjoy your morning coffee and lake breezes.The fully finished basement features a separate walk-up entrance, complete with a living area, bedroom and secondary kitchen-offering tremendous versatility for extended family or potential rental income. Unmatched location close to waterfront trails, beach areas, playgrounds, top-ranked schools, and all daily amenities. Commuters will love the easy access to TTC, Rouge Hill GO Station, Highway 401, Kingston Rd and Port Union Rd. Move-in ready living by the lake awaits !
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13860372
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 26.28 × 78.83 ft
- Cross streets
- Lawrence & Port Union
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Apartment, Finished, Separate Entrance, Walk-Up
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,087 / 2026
- Days on market
- 14
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
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 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.
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 $647/sqft; this home lists at $565/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Centennial Scarborough, Toronto, ON
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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: 5 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 19, 2026); conventional rates run a little higher.
Mortgage amount $790,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,370
- Property tax
- $424
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,794
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,235
- Toronto municipal land transfer tax
- $16,235
- Estimated closing costs
- $32,470
Plus your down payment of $197,600. 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
- $262,215
- Principal paid down
- $96,572
- Interest paid
- $165,643
- Balance remaining
- $693,828
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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.