$899,000 - 114 Chillery Avenue, Scarborough
Detached for Sale in Scarborough
New — Listed 6 days agoNeighbourhood: Eglinton East
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- MLS Number
- E13852196
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2025)
- $4,080
- Listing Brokerage
- HOMELIFE HEARTS REALTY INC.
Don't Miss This Gem In A Family-Friendly Neighborhood! Welcome To This Move-In-Ready Detached Bungalow Featuring 3+2 Bedrooms And 2 Full Bathrooms With A Functional Layout Designed For Comfortable Family Living. Basement Updated 2023 Offers Two Additional Br, Kitchen Area, And Separate Entrance Providing Excellent Potential For An In-Law Suite Or Extended-Family Living. Roof Replaced 2020. Step Outside And Enjoy Your Own Private Oasis In The Huge Backyard - Perfect For Relaxing, Entertaining, Or Enjoying Time With Family And Friends Away From The Hustle And Bustle Of The City. Ideally Located In The Eglinton & Brimley Area, With The Future Scarborough Subway Extension Expected To Enhance Transit Connectivity In The Area. Enjoy Convenient Access To Plazas, Shops, Restaurants, Hospitals, Community Centres, Library And Schools. Highway 401 Is Just Minutes Away, Making Commuting Throughout The GTA Convenient. A Fantastic Opportunity For Families, First-Time Buyers, Investors, Or Those Looking For Additional Living Space. Come See The Possibilities For Yourself!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Eglinton East
Eglinton East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Eglinton East
- •Convenient location in Scarborough Town Centre
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Eglinton East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
114 Chillery Avenue, Scarborough Town Centre
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $817/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Scarborough are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Scarborough.
About Eglinton East
I know Eglinton East well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.