$1,250,000 - 137 Merkley Square, Highland Creek
Detached for Sale in Highland Creek
Popular ListingNeighbourhood: Morningside
- MLS Number
- E13656576
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Scarborough (West Hill / Highland Creek)
- Lot Size
- 5,048 sqft
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Absolute Elegance in a Stunning 5+2 Bedroom, 4-Bath Detached HomeWelcome to this beautifully maintained freehold detached home, offering 5+2 bedrooms and 4 bathrooms in one of Scarborough's most desirable family-friendly communities. Perfectly positioned just an 8-minute drive from the University of Toronto Scarborough campus and Centennial College Morningside Campus, this exceptional home is also conveniently located near the renowned Scarborough Health Network - Centenary Hospital, the world-class Toronto Pan Am Sports Centre, TTC, waterfront parks, scenic walking trails, shopping, schools, and major highways.Thoughtfully updated and move-in ready, this impressive residence showcases a renovated chef-inspired kitchen, beautifully updated bathrooms, fresh designer paint, modern lighting, and numerous upgrades throughout. The spacious primary suite serves as a private retreat, featuring picturesque views, a luxurious 5-piece ensuite with a relaxing soaker tub and separate glass shower, as well as a generous walk-in closet. Four additional well-proportioned bedrooms provide plenty of space for growing families, guests, or a home office.The main floor is designed for both everyday living and entertaining, offering elegant separate living and dining rooms, a gourmet eat-in kitchen with modern appliances, a cozy family room with fireplace, and an abundance of natural light throughout.The professionally finished basement includes a self-contained 2-bedroom in-law suite, presenting an excellent opportunity for multi-generational living or valuable rental income. Separate Laundries. Experience the perfect balance of luxury, comfort, and location in a home that places you just minutes from leading educational institutions, premier healthcare, recreation, and nature while offering the privacy and tranquility of a true urban retreat. This is a rare opportunity to own a remarkable home in one of Scarborough's most sought-after locations.Don't miss this Beautiful House.
Estimate your monthly payments for this property
Estimated Payment
$5,529.17/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 Morningside
Morningside 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 Morningside
- •Convenient location in Scarborough (West Hill / Highland Creek)
- •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
Morningside 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.
137 Merkley Square, Scarborough (West Hill / Highland Creek)
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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
Competitive Pricing
At $500/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Detached Home Advantages
Detached homes in Highland Creek 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 7 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 Highland Creek.
Bathroom Count Matters
With 4 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 Morningside
I know Morningside 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: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.