$1,518,000 - 116 Sylvan Avenue, Scarborough
Detached for Sale in Scarborough
Neighbourhood: Scarborough Village
- MLS Number
- E13463238
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- EVERLAND REALTY INC.
LOCATION, LOCATION, LOCATION!Welcome to 116 Sylvan Avenue, a rare opportunity on one of Toronto's most desirable and peaceful cul-de-sac streets. Set on a mature, private lot in an exceptional family-friendly neighbourhood, this beautifully renovated solid brick bungalow combines modern living with outstanding convenience.Extensively updated with over $300,000 in renovations, the home showcases a bright, open-concept layout designed for today's lifestyle. The stunning chef-inspired kitchen features custom contemporary cabinetry, premium countertops, and high-end stainless steel appliances, seamlessly flowing into the spacious living and dining areas. New flooring, pot lights throughout, and expansive floor-to-ceiling windows create a light-filled interior with a clean, sophisticated aesthetic.The fully renovated lower level includes a self-contained one-bedroom suite with a separate entrance, offering excellent income potential, an ideal in-law suite, or flexible space for extended family.Outside, the extended private driveway comfortably accommodates up to four vehicles. Located within highly sought-after school catchments, including the Elizabeth Simcoe Gifted Program and Sir Wilfrid Laurier Collegiate Institute, and just moments from parks, transit, shopping, restaurants, and everyday amenities.Whether you're looking for a move-in-ready family home, an investment opportunity, or a property with future potential, 116 Sylvan Avenue presents exceptional value in one of Toronto's most coveted neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,714.63/mo
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 Scarborough Village
Scarborough Village 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 Scarborough Village
- •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
Scarborough Village 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.
116 Sylvan 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
Premium Pricing
At $1380/sqft, this property is priced above the Scarborough average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Scarborough Village
I know Scarborough Village 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.