$2,200,000
Est. payment $9,741/moCalculate yours
124 Scarboro Crescent, Toronto, ON M1M 2J4
Cliffcrest, Scarborough, ON M1M 2J4
- 5 + 1 Beds
- 7 Baths
- 1 Garage
- 3,500 Sq Ft
Listing courtesy of MCCANN REALTY GROUP LTD. MLS® E13760646
About this home
Welcome To This Exceptional & RARE Ravine Lot In The Heart Of The Scarborough Bluffs Community! Situated On A 60ft X 250ft Lot. This Home Offers Endless Possibilities For Investors, Multi-Generational Living Or Conversion Back To Single Family Hm, W/ 6 Beds, 4 Baths & 2 Family Rm’s. Surrounded by nature, enjoy a private backyard oasis with deer and serene ravine views. Reno In 2016, This Unique Hm Offers 3 Well-Appointed Suites + A Bsmt Apartment. Each Suite w/ its own Laundry & W/O To Deck/Yard, Offering Privacy & Comfort. The Hm Also has 200 Amp Electrical Service. Spacious Main Flr Suite Features A Functional Layout With a Living, Dining & Family Rm, Eat-In Kitchen, 3-Pc Bath & a Generous Primary Bedrm With Wall-To-Wall Closets. Can open up To Make A Large Open Concept Kitchen And Family Rm with Wonderful Views Of The Garden. The 2nd Flr Features 2 Bright & Airey Suites, Each w/ a Walk-Out To a Large Deck & Ravine-Backed Yard. Both Units Include Living & Dining Areas, Eat-In Kitchen, 2 Bedrms & 2 Bathrms, Enhanced W Engineered Maple Flooring, Vaulted Ceilings & Large Skylights. The 2nd Flr Also Has Its Own Washer & Dryer For Added Convenience. Open Concept Bsmt Suite Provides a Comfortable 1 Bed Layout w a Living, Dining & Kitchen Area, Its Own Washer/Dryer & a 3-Piece Bathrm W/ a Glass Shower. The Attached Garage & Ample Parking Make This Property Ideal For Both Families And Investors. Located In The Highly Regarded Chine Drive School District & Just Minutes From The Bluffs, Beaches, Lake Ontario, And Scenic Trails Including; Scarborough Heights Waterfront Trail, Gates Gully, And Doris McCarthy Trail. This Hm Blends Comfort, Funtionality & Convenience, A Truly Unique Opportunity For Comfortable Living While Generating Income To Offset Your Mortgage, Configured For Multi-Generational Living, Offering Family/Friends The Comfort Of Separate Private Suites While Sharing One Exceptional Hm. A Rare Opportunity With Strong Long-Term Value & Versatile Living Potential!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 3,500 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 7
- Kitchens
- 4
- Basement
- Apartment, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60 x 250 Feet
- Parking
- Attached garage · 5 total
Financial
- Property Taxes
- $10,888 (2026)
Location
- Neighbourhood
- Cliffcrest
- Cross Street
- Kingston Rd & Midland Ave
- Direction Faces
- West
Listing
- MLS® Number
- E13760646
- Days on Market
- 39
- Listed On
- 2026-09-09
- Possession
- TBA
- Listed By
- MCCANN REALTY GROUP LTD.
Rooms
Features
Interior
- In-Law Suite
Pool
- None
- Included
- 3 Fridges, 2 Stoves (2nd Flr/Main Flr), 1 Stove Top, 2nd Flr Microwave, 2 Dishwashers On 2nd Flr, 3 Washers, 3 Dryers, All Electrical Light Fixtures, All Window Coverings,
- Rental items
- Hot Water Tank - is Aprx $130 Dec 9 - Mar 2026, 2 water tanks one in basement & on 2nd floor
Mortgage calculator
Estimated mortgage payment
$9,741 per month
- Principal and interest
- $9,741
- Property tax
- $907
- Condo fees
- $0
- Estimated monthly cost
- $10,648
Your mortgage
- Mortgage amount
- $1,760,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,162,337
Cash to close
- Down payment
- $440,000
- Land transfer tax (Ontario + Toronto)
- $82,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $522,950
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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