21 Ivan Road, Toronto, ON

Centennial Scarborough, Toronto · MLS® E13864416

$1,279,000
For Sale
Listed 14 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Rare Custom-Built 4-Level Backsplit in Toronto's Coveted Centennial Community.
  • Meticulously built and lovingly maintained by its original owners, this expansive 4-level backsplit boasts over 2,500 square feet of functional, multi-level living...
  • From the moment you pull into the private 3-car driveway and into the 2-car garage, the pride of ownership and superior construction quality are instantly clear.
  • The main level welcomes you with timeless hardwood floors, elegant crown mouldings, Pella Windows and bright principal rooms designed for seamless entertaining.
  • Upstairs, you will find generous bedrooms and simply refreshed bathrooms (3 total throughout the home), offering modern comfort for the whole family.

Rare Custom-Built 4-Level Backsplit in Toronto's Coveted Centennial Community! For the first time ever, this exceptional family home is hitting the market. Meticulously built and lovingly maintained by its original owners, this expansive 4-level backsplit boasts over 2,500 square feet of functional, multi-level living space and a pool-sized rear yard. From the moment you pull into the private 3-car driveway and into the 2-car garage, the pride of ownership and superior construction quality are instantly clear.The main level welcomes you with timeless hardwood floors, elegant crown mouldings, Pella Windows and bright principal rooms designed for seamless entertaining. Cook with ease in the beautiful kitchen, which effortlessly connects to the formal living and dining areas. Upstairs, you will find generous bedrooms and simply refreshed bathrooms (3 total throughout the home), offering modern comfort for the whole family. The lower level expands your lifestyle options with a massive, sun-filled family room featuring large above-grade sliding glass doors and window. A convenient separate side entrance-perfect for an in-law suite setup, or a private teen retreat. Need more space? The deeper fourth level presents 842 sqft of completely dry, blank-canvas basement and storage. It is the ultimate flex space, ready to grow with your needs-whether you envision a home theatre, a personal gym, or a secondary suite. Nestled on a coveted, quiet & mature street in Centennial, you are just minutes from top-rated schools, Wexford Collegiate, UofT Scarborough Campus, Colonel Danforth Park, the Rouge National Urban Park, the Port Union Waterfront Trail, and the Rouge Hill GO Station. Don't miss this once-in-a-generation opportunity to customize a rock-solid, custom-built home in Toronto's premier lakeside neighbourhood!

Key facts

Property type
Detached, Backsplit 4
MLS®
E13864416
Bedrooms
4
Bathrooms
3
Size
2500-3000 sq ft
Lot
50 × 159 ft
Cross streets
Lawson & Centennial
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Partially Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,617 / 2026
Days on market
14
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

Living RoomSecond6.10 × 4.12 m

hardwood floor · picture window · crown moulding

LaundryGround2.46 × 1.61 m

ceramic floor · b/i shelves · overlook patio

Dining RoomSecond3.54 × 3.49 m

hardwood floor · window · crown moulding

Family RoomGround7.83 × 3.86 m

hardwood floor · w/o to yard · brick fireplace

Primary BedroomThird4.30 × 4.01 m

hardwood floor · his and hers closets · 4 pc ensuite

KitchenSecond5.10 × 3.47 m

ceramic floor · quartz counter · backsplash

Bedroom 3Third374.00 × 3.51 m

hardwood floor · double closet · north view

Bedroom 4Ground3.26 × 4.19 m

hardwood floor · double closet · overlooks backyard

Bedroom 2Third3.07 × 4.04 m

hardwood floor · double closet · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

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.

What sellers nearby are askingCurrently listed nearby in Centennial Scarborough · asking prices
$1.29Mavg asking

Nothing 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 $553/sqft; this home lists at $465/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.28MThis home1.35M1.33M1.06M1.40M1.32MThis home vs active comparables

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
$900K
Cliffcrest
$799K
Wexford-Maryvale
$849K
Steeles
$1.20M

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 · 0.6 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 elementary1.1 km · 68% at standard
Meadowvale Public School · Public elementary1.5 km · 81% at standard
St Malachy Catholic School · Catholic elementary1.6 km · 73% at standard
St Dominic Savio Catholic School · Catholic elementary1.6 km · 70% at standard
William G Davis Junior Public School · Public elementary1.7 km · 88% at standard
Rouge Valley Public School · Public elementary1.8 km · 73% at standard
Highland Creek Public School · Public elementary1.8 km · 53% at standard
William G Miller Junior Public School · Public elementary1.8 km · 62% at standard
Cardinal Leger Catholic School · Catholic elementary1.9 km · 78% at standard
Morrish Public School · Public elementary2.2 km · 82% at standard
West Rouge Junior Public School · Public elementary2.2 km · 71% at standard
Chief Dan George Public School · Public elementary2.2 km · 60% at standard

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

Affordability & Mortgage

Affordability
$5,829/mo
$240KIncome needed
5.3×Price ÷ income
$1,345Weekly cost
$44,110Land 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.

93%mortgage
Mortgage $5,829Property tax $468Total carry $6,297

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,657per month

Mortgage amount $1,023,200 · 4.49% over 25 years

$255,800Down payment (20.0%)
$1,023,200Loan before insurance
$0CMHC premium
$6,126Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,657
Property tax
$468
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,126

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

One-time closing costs

Ontario land transfer tax
$22,055
Toronto municipal land transfer tax
$22,055
Estimated closing costs
$44,110

Plus your down payment of $255,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,847/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

$674,035Total interest paid
$1,697,235Total of all payments
Principal $1,023,200 Interest $674,035
YearPrincipalInterestBalance
1$22,833$45,056$1,000,367
2$23,870$44,019$976,496
3$24,954$42,935$951,542
4$26,087$41,802$925,455
5$27,271$40,618$898,184
6$28,510$39,380$869,674
7$29,804$38,085$839,870
8$31,157$36,732$808,713
9$32,572$35,317$776,141
10$34,051$33,838$742,090
11$35,597$32,292$706,493
12$37,213$30,676$669,279
13$38,903$28,986$630,376
14$40,669$27,220$589,707
15$42,516$25,374$547,191
16$44,446$23,443$502,745
17$46,464$21,425$456,281
18$48,574$19,316$407,707
19$50,779$17,110$356,928
20$53,085$14,804$303,843
21$55,495$12,394$248,348
22$58,015$9,875$190,333
23$60,649$7,240$129,684
24$63,403$4,487$66,281
25$66,281$1,608$0

At the end of your 5-year term

Total paid over the term
$339,447
Principal paid down
$125,016
Interest paid
$214,431
Balance remaining
$898,184

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$5,250/mo
$63,000Gross annual rent
3.8%Cap rate after taxes and upkeep

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.

4.9%
Gross yield
− Property tax $5,617− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $49,053

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

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