$4,288,000 - 149 Sylvan Avenue, Scarborough
Detached for Sale in Scarborough
New — Listed 3 days agoNeighbourhood: Scarborough Village
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- MLS Number
- E13860060
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Lot Size
- 1 sqft
- Taxes (2026)
- $20,004
- Listing Brokerage
- AIMHOME REALTY INC.
A once-in-a-lifetime opportunity to own the 1.48 acres of prime Lake Ontario waterfront! Welcome to 149 Sylvan Ave --- a rare 124 x 652 ft estate lot backing directly onto Lake Ontario, in one of Scarborough's most coveted waterfront enclaves. This property offers privacy, resort-like you simply cant't find anymore. With over $1 million in whole house interior upgrades including pool and equipments, this 5+1 bedroom, 5-bathroom residence is built for luxury living and unforgettable entertaining.The resort-style indoor pool is the heart of the home: oversized and heated, with a motorized safety cover, cleaning robot, underwater lighting, 4 skylights, and a private shower. Stay active in the gym, unwind in the home theatre, or host game nights in the games room.Inside, smooth ceilings with pot lights run throughout. The chef's kitchen features top-brand appliances and a built-in water purifier. Two skylights and two fireplaces add warmth and natural light. The primary suite is a private retreat with a sitting area and wet bar, while the dining room frames 180 degrees views of the garden and lake. Lower level office connects to a second wet bar for easy entertaining. A 3-car garage and two owned hot water tanks. The rain-escape deck in backyard with three-sided motorized screens lets you enjoy the outdoors in any weather - and don't be surprised if deers wander by to say hello. Waterfront estate of this scale rarely come to the market. Book your showing today! Click "Virtual Tour" for more photos!
Estimate your monthly payments for this property
Estimated Payment
$18,967.27/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.
149 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 $1225/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough'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.
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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 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.
Bathroom Count Matters
With 5 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.