144 Canongate Trail, Toronto E05

Price: $1,359,000

5 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E12838762

Welcome to your future home, where comfort, convenience, and versatility converge. This beautiful corner lot (sidewalk on one side only) offers a premium 54x121-foot lot and a spacious backyard, making it ideal for planting fruit trees or creating your own unique landscape. The yard is enhanced by an enclosed fence for privacy and security. Inside, you'll be greeted by spacious hallway and stunning eat-in kitchen featuring quartz countertops, stainless steel appliances, and a massive pantry that provides exceptional storage. Located near Ontario's top-rated schools, including Kennedy Public School (8.1) and Dr. Norman Bethune (8.6), as well as offering easy access to major highways, transportations TTC, and GO Transit. Enjoy the convenience of being within walking distance to the Pacific Mall, shopping, and everyday amenities. This is a move-in ready opportunity in one of Toronto's most desirable communities! This property has been meticulously cared for by its original owners.

144 Canongate Trail - Detached photo 1 of 15 in Scarborough Village / Eglinton East, Ontario
144 Canongate Trail - Detached photo 2 of 15 in Scarborough Village / Eglinton East, Ontario
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$1,359,000 - 144 Canongate Trail, Scarborough Village

Detached for Sale in Scarborough Village

126 days on market
5Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E12838762
Property Type
Detached
Status
active
Days on Site
126
Bedrooms
5
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Scarborough Village / Eglinton East
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to your future home, where comfort, convenience, and versatility converge. This beautiful corner lot (sidewalk on one side only) offers a premium 54x121-foot lot and a spacious backyard, making it ideal for planting fruit trees or creating your own unique landscape. The yard is enhanced by an enclosed fence for privacy and security. Inside, you'll be greeted by spacious hallway and stunning eat-in kitchen featuring quartz countertops, stainless steel appliances, and a massive pantry that provides exceptional storage. Located near Ontario's top-rated schools, including Kennedy Public School (8.1) and Dr. Norman Bethune (8.6), as well as offering easy access to major highways, transportations TTC, and GO Transit. Enjoy the convenience of being within walking distance to the Pacific Mall, shopping, and everyday amenities. This is a move-in ready opportunity in one of Toronto's most desirable communities! This property has been meticulously cared for by its original owners.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,011.32/mo

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5-yr fixed avg.

Principal: $1,087,200Interest: $716,195
Mortgage Amount$1,087,200
Total Interest$716,195
Est. Property Tax$963/mo
Total Cost$1,803,395

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.

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Neighbourhood Guide: Scarborough Village / Eglinton East

Discover Scarborough Village / Eglinton East

Scarborough Village / 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 Scarborough Village / Eglinton East

  • Convenient location in Scarborough Village / Eglinton East
  • 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

Scarborough Village / 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.

70
Walk Score
Varies
Price Range

144 Canongate Trail, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$963
Insurance (est.)-$283
Net Cash Flow+$2,454

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 - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $680/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.

Negotiation Opportunity

At 126 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Scarborough Village 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 Village.

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.

Investment Perspective

Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    144 Canongate Trail | $1,359,000 | Battaglia Team