17 Altair Avenue, Toronto E05

Price: $1,299,000

6 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13755524

Welcome to this beautifully maintained detached 5-level backsplit, offering exceptional space, versatility, and comfort for the modern family. With 4 spacious bedrooms and 3 full bathrooms, there is plenty of room for family living, entertaining, and everyday enjoyment. The bright eat-in kitchen provides a welcoming space for casual family meals, while the separate dining room is ideal for holiday dinners and special occasions. The spacious family room features a cozy fireplace and walk-out to the garden, creating the perfect setting to relax or entertain. Adding even more flexibility is the separate entrance to a private 2-bedroom lower-level apartment. Ideal for extended family, personal use, or potential rental income, this additional living space offers valuable options for today's homeowners' A rare combination of generous living space, flexible accommodation, and long-term potential in a desirable neighbourhood. An excellent opportunity for families looking for a home they can enjoy today while investing in their future.

17 Altair Avenue - Detached photo 1 of 25 in Scarborough Village / Eglinton East, Ontario
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$1,299,000 - 17 Altair Avenue, Scarborough Village

Detached for Sale in Scarborough Village

Popular Listing

Neighbourhood: L'Amoreaux

6Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
E13755524
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
6
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Scarborough Village / Eglinton East
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

Welcome to this beautifully maintained detached 5-level backsplit, offering exceptional space, versatility, and comfort for the modern family. With 4 spacious bedrooms and 3 full bathrooms, there is plenty of room for family living, entertaining, and everyday enjoyment. The bright eat-in kitchen provides a welcoming space for casual family meals, while the separate dining room is ideal for holiday dinners and special occasions. The spacious family room features a cozy fireplace and walk-out to the garden, creating the perfect setting to relax or entertain. Adding even more flexibility is the separate entrance to a private 2-bedroom lower-level apartment. Ideal for extended family, personal use, or potential rental income, this additional living space offers valuable options for today's homeowners' A rare combination of generous living space, flexible accommodation, and long-term potential in a desirable neighbourhood. An excellent opportunity for families looking for a home they can enjoy today while investing in their future.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: L'Amoreaux

Discover L'Amoreaux

L'Amoreaux 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 L'Amoreaux

  • 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

L'Amoreaux 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

17 Altair Avenue, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$2,909

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 $650/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 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 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 Village.

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 L'Amoreaux

I know L'Amoreaux 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: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    17 Altair Avenue | $1,299,000 | Battaglia Team