$1,481,800 - 116 Sylvan Avenue, Scarborough
Detached for Sale in Scarborough
44 days on marketNeighbourhood: Scarborough Village
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- MLS Number
- E13708764
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2025)
- $4,690
- Listing Brokerage
- EVERLAND REALTY INC.
Discover a rare opportunity to own a beautifully renovated home on an exceptionally large, private lot in a quiet and established Scarborough Village neighbourhood. Thoughtfully updated with more than $300,000 in renovations, this move-in-ready home combines modern living with the space, privacy, and flexibility of an oversized property.The main level features a bright, open-concept layout with new flooring, fresh paint, pot lights, and expansive windows that fill the home with natural light. The renovated kitchen offers contemporary cabinetry, quality countertops, and stainless-steel appliances, flowing seamlessly into the spacious living and dining areas.The lower level adds valuable flexibility with a separate entrance and a self-contained one-bedroom suite-ideal for extended family, guests, an adult child, or potential rental income.Outside, the exceptionally deep lot provides generous private outdoor space and exciting long-term potential for buyers who value land, while allowing you to enjoy the benefits of a beautifully renovated home today.Enjoy the best of both worlds in this peaceful, established neighbourhood, just minutes from the Scarborough Bluffs, waterfront trails, parks, schools, shopping, and major transit routes. Located within the Elizabeth Simcoe Junior Public School area and close to Guild Park & Gardens and scenic walking trails, the location offers an exceptional blend of nature, community charm, and urban convenience. Guildwood GO Station provides convenient access to downtown Toronto, making this an appealing location for families and professionals alike.Whether you're looking for a move-in-ready family home, multigenerational living, supplemental rental income, or a property with long-term potential, 116 Sylvan Avenue offers a rare combination of a renovated home, an exceptionally large lot, and flexible living space in an established Toronto neighbourhood. (Living room images are virtually staged)
Estimate your monthly payments for this property
Estimated Payment
$6,554.50/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 $1347/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 44 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.