$175,000
↓ $575,000 from $750,000
Est. payment $775/moCalculate yours
385 Centennial Road, Toronto, ON M1C 2A4
Centennial Scarborough, Scarborough, ON M1C 2A4
Listing courtesy of CBRE LIMITED MLS® E12213162
About this home
The Property is centrally located within Scarborough’s Port Union area which is primarily an established residential neighbourhood. The Site is adjacent to Highway 2A and Highway 401, which are both a 3-minute drive or 2km. There are numerous amenities in the immediate vicinity, including Sir Oliver Mowat Collegiate Institute (3-min drive), Lake Ontario (5-min drive), the Rouge Valley National Urban Park (5-min drive), University of Toronto Scarborough Campus (6-minute drive), Scarborough Town Centre (10-min drive) and the Toronto Zoo (8-min drive). Additionally there are countless restaurants, grocery stores, banks and schools. Rouge Hill GO Train Station is a 5-minute drive from the Site and offers 2-way service between Toronto’s Union Station and Oshawa Station along the Lakeshore East GO Line.
Property details
Overview
- Property Type
- Vacant Land
- For
- For Sale
- Status
- Price Change
Building & Systems
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 128 x 250 Feet
- Zoning
- Open Space Natural
Financial
- Property Taxes
- $0 (2025)
Location
- Neighbourhood
- Centennial Scarborough
- Cross Street
- Between Lawson Road & Highway 2A
- Direction Faces
- East
Listing
- MLS® Number
- E12213162
- Days on Market
- 494
- Listed On
- 2025-06-11
- Possession
- Immediate
- Listed By
- CBRE LIMITED
Features
Interior
- None
Property
- Park
- Waterfront
Mortgage calculator
Estimated mortgage payment
$775 per month
- Principal and interest
- $775
- Property tax
- $0
- Condo fees
- $0
- Estimated monthly cost
- $775
Your mortgage
- Mortgage amount
- $140,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $92,459
Cash to close
- Down payment
- $35,000
- Land transfer tax (Ontario + Toronto)
- $2,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $37,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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