124 Applefield Drive, Toronto E09

Price: $949,000

3 bedrooms, 1 bathrooms

700 sq ft

Property Type: Single Family Home

MLS#: E12747230

Welcome to 124 Applefield Drive, owned by two generations of the same family since the late 1960's. A real family oriented neighbourhood with mature trees close to the Scarborough Town Centre, grocery stores, a library, hospitals, public transit, highways, parks with extensive walking trails and bicycle paths, places of worship and a community centre. Clean and freshly painted, this highly sought after style of bungalow has three generous sized bedrooms, an updated four piece bathroom, eat in kitchen with a window, and a sunny south facing living room with a bay window. There is a separate walk up entrance to a huge basement for a possible in law or nanny suite with a finished recreation/ family room with a gas fireplace, french doors and above grade windows. The second bedroom features a custom wood panelled wall, the electrical panel has been upgraded and the home has a huge backyard with a garden shed. This home is perfect for first time home buyers, retirees as an alternative to a condo, with income potential. It is clean, well kept and fabulous! Some of the updates and upgrades are as follows: ** Roof done in 2016, ** Eavestrough & gutter guard, soffit & fascia done in 2013. The exterior pot lights are LED with a timer, ** The front door and storm door are steel done in 2016, **The side steel door done in 2017, **The furnace, air conditioner and the rental hot water heater were installed in 2017.

124 Applefield Drive, Toronto E09 - Image 1
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$949,000 - 124 Applefield Drive, Scarborough

Single Family Home for Sale in Scarborough

3Beds
1Baths
700Sq Ft
Single Family Home
Property Details
MLS Number
E12747230
Property Type
Single Family Home
Status
active
Days on Market
1
Bedrooms
3
Bathrooms
1
Square Feet
700 sqft
City
Scarborough
Description

Welcome to 124 Applefield Drive, owned by two generations of the same family since the late 1960's. A real family oriented neighbourhood with mature trees close to the Scarborough Town Centre, grocery stores, a library, hospitals, public transit, highways, parks with extensive walking trails and bicycle paths, places of worship and a community centre. Clean and freshly painted, this highly sought after style of bungalow has three generous sized bedrooms, an updated four piece bathroom, eat in kitchen with a window, and a sunny south facing living room with a bay window. There is a separate walk up entrance to a huge basement for a possible in law or nanny suite with a finished recreation/ family room with a gas fireplace, french doors and above grade windows. The second bedroom features a custom wood panelled wall, the electrical panel has been upgraded and the home has a huge backyard with a garden shed. This home is perfect for first time home buyers, retirees as an alternative to a condo, with income potential. It is clean, well kept and fabulous! Some of the updates and upgrades are as follows: ** Roof done in 2016, ** Eavestrough & gutter guard, soffit & fascia done in 2013. The exterior pot lights are LED with a timer, ** The front door and storm door are steel done in 2016, **The side steel door done in 2017, **The furnace, air conditioner and the rental hot water heater were installed in 2017.

Neighbourhood Guide: Toronto E09

Discover Toronto E09

Toronto E09 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 Toronto E09

  • Convenient location in Toronto E09
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Toronto E09 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.

70
Walk Score
Varies
Price Range

124 Applefield Drive, Toronto E09

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$1,930

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 Battaglia

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1356/sqft, this property is priced above the Toronto E09 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Toronto E09'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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: Toronto E09 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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