30 Invermarge Drive, Toronto, ON
Centennial Scarborough, Toronto · MLS® E13865856
About this home
In short
- Welcome to this classic, quality-built Teschner home in the highly desirable, family-oriented community of Centennial.
- Proudly offered for sale by the original owners after 40 years, this meticulously cared-for home presents a rare opportunity to become part of a wonderful established...
- Offering approximately 2,600 sq. ft. above grade, this spacious 4-bedroom, 4-bathroom home provides an ideal layout for family living.
- The finished lower level offers an abundance of versatile living space, including a large recreation room with fireplace, wet bar and cantina, a separate living room...
- Ideally located close to the waterfront, parks and trails, transit, St.
Welcome to this classic, quality-built Teschner home in the highly desirable, family-oriented community of Centennial. Proudly offered for sale by the original owners after 40 years, this meticulously cared-for home presents a rare opportunity to become part of a wonderful established neighbourhood. Offering approximately 2,600 sq. ft. above grade, this spacious 4-bedroom, 4-bathroom home provides an ideal layout for family living. The bright, modern eat-in kitchen features stainless steel appliances, while the inviting main-floor family room offers a cozy fireplace and walk-out to the deck. Main-floor laundry with direct access to the double-car garage adds everyday convenience, and updated windows provide additional comfort. The finished lower level offers an abundance of versatile living space, including a large recreation room with fireplace, wet bar and cantina, a separate living room, and a full 4-piece bathroom. With a second kitchen easily possible and stove wiring already in place, the lower level offers excellent flexibility for extended family, guests, entertaining, or a potential in-law suite. A separate walk-up entrance adds even more possibilities. The additional spa room can be customized to suit your lifestyle as a home office, gym, studio, den, or extra bedroom. Ideally located close to the waterfront, parks and trails, transit, St. Michel French School, GO Transit, University of Toronto, Centennial College, and numerous everyday amenities. A well-loved home with generous living space, excellent potential, and a fantastic location-ready for its next chapter.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13865856
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 60 × 106.45 ft
- Cross streets
- Meadowvale/Lawrence
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,353 / 2026
- Days on market
- 13
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
wet bar · pot lights · fireplace
hardwood floor · closet
hardwood floor · bay window
updated · stainless steel appl · ceramic floor
Walk-Up
hardwood floor · his and hers closets · 4 pc ensuite
hardwood floor · closet · electric fireplace
hardwood floor · fireplace · walk-out
hardwood floor · french doors
hardwood floor · closet
w/o to deck · ceramic floor
Cedar Closet(s)
Listed at $1,325,000. 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: $1.21M. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $1.13M and $1.27M).
Why $1.21M. 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 itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,353 a year; the typical home sold here pays about $5,100.
- ▲ Raises it slightly4+1 bedrooms and 4 baths, against 4+1 and 3 typically.
Total price vs nearby homes. Likely closing about $1.31M, from 21 recent closings in this pocket.
The market behind the math:
About 1.3 months of inventory: 9 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 $482/sqft against an area asking average of $545/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Centennial Scarborough: 19 of the 55 detached leases here lately were basement units, around $1,850 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $1.28M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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 ($482/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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $559/sqft; this home lists at $482/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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: 11 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 $1,060,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,861
- Property tax
- $529
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,390
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,975
- Toronto municipal land transfer tax
- $22,975
- Estimated closing costs
- $45,950
Plus your down payment of $265,000. 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
- $351,655
- Principal paid down
- $129,512
- Interest paid
- $222,143
- Balance remaining
- $930,488
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
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 numbersThe last 12 whole-home leases in Centennial Scarborough signed at a median of $3,928 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,299. 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.