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New2 hours ago

38 Scarborough Heights Boulevard

Cliffcrest, Toronto

$1,850,000

Detached|2-Storey
5 | 4 | 6
About this home

A beautifully renovated and substantially expanded detached home in one of Scarborough's most sought-after family pockets, just minutes from the Scarborough Bluffs and located in the highly regarded Fairmount school district. Originally a bungalow, the home was thoughtfully transformed with a full second-storey addition, creating a spacious and modern family home while making the most of its expansive lot. The main floor is designed for real family living, with a separate living room that works beautifully as a home office, a dedicated dining room, an eat-in kitchen, and an incredible oversized family room at the rear of the home. Bright, spacious and made for gathering, the family room opens directly onto the back deck and gorgeous yard, creating a seamless connection between indoor and outdoor living. A convenient side mudroom provides everyday access to the built-in garage. Upstairs, four bedrooms are complemented by a versatile second-floor family room that could easily become a fifth upstairs bedroom, office or playroom. The primary retreat features a walk-in closet and beautifully renovated ensuite, while the fourth bedroom enjoys its own walkout to a private deck overlooking the backyard. And what a backyard it is! The deep, pool-sized lot offers incredible space to play, entertain and unwind, complete with a fantastic finished "pool house" or hangout shed - the perfect escape for teenagers, young adults, a home gym, studio or creative space. The partially finished lower level adds even more opportunity, with a separate bedroom, additional bathroom, huge recreation room and an abundance of storage, ready to be finished to suit your needs. Renovated, expanded and exceptionally versatile, with the space of a much larger home and a backyard that is increasingly hard to find - all tucked into a peaceful, family-friendly neighbourhood close to the Bluffs, great schools, parks and everything this coveted pocket of Scarborough has to offer.

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agent
Angela Montano
(647) 283-2643
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,548
Lot Size55 ft x 138.58 ft
mls© NumberE13711814
Listed ByUNION REALTY BROKERAGE INC.

Listing History

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  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,469
Property tax
$712
Heat allowance
$150
Housing costs
$10,331 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $370,000
25-yr amortization

Income needed

$318,000

gross annual household income

Payment at 4%
$7,785 / mo
Cash down
$370,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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