18 Horizon Crescent, Toronto E05

Price: $879,000

3 bedrooms, 1 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13876288

This charming bungalow has been lovingly cared for and cherished by the same family for over 50 years! The home sits on a corner lot boasting an extra wide frontage! Main level has an open concept living/dining area with huge Bay Windows in the front and back of home flooding the main floor with plenty of natural light, kitchen comes equipped with a breakfast bar, gas stove, built in dishwasher and a walkout to yard for easy BBQ'ing access. All 3 bedrooms have hardwood flooring throughout. Large lower level rec room gives ample room for extra living space + separate laundry area with plenty of storage! Don't let this opportunity to live in a family friendly community, walking distance to public & catholic schools, transit & shopping pass you by!

18 Horizon Crescent - Detached photo 1 of 35 in Scarborough Village / Eglinton East, Ontario
18 Horizon Crescent - Detached photo 2 of 35 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$879,000 - 18 Horizon Crescent, Scarborough Village

Detached for Sale in Scarborough Village

New — Listed 7 days ago

Neighbourhood: Tam O'Shanter-Sullivan

3Beds
1Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E13876288
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
3
Bathrooms
1
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Scarborough Village / Eglinton East
Taxes (2025)
$5,188
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

This charming bungalow has been lovingly cared for and cherished by the same family for over 50 years! The home sits on a corner lot boasting an extra wide frontage! Main level has an open concept living/dining area with huge Bay Windows in the front and back of home flooding the main floor with plenty of natural light, kitchen comes equipped with a breakfast bar, gas stove, built in dishwasher and a walkout to yard for easy BBQ'ing access. All 3 bedrooms have hardwood flooring throughout. Large lower level rec room gives ample room for extra living space + separate laundry area with plenty of storage! Don't let this opportunity to live in a family friendly community, walking distance to public & catholic schools, transit & shopping pass you by!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,509.73/mo

Includes CMHC insurance ($24,524)

$
$
5%10%50%

5-yr fixed avg.

Principal: $791,100Interest: $537,294
Mortgage Amount$815,624
Total Interest$537,294
Est. Property Tax$623/mo
Total Cost$1,352,918

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: Tam O'Shanter-Sullivan

Discover Tam O'Shanter-Sullivan

Tam O'Shanter-Sullivan 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 Tam O'Shanter-Sullivan

  • •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

Tam O'Shanter-Sullivan 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

18 Horizon Crescent, Scarborough Village / Eglinton East

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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)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$623
Insurance (est.)-$183
Net Cash Flow+$1,994

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 $799/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village'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 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.

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.

About Tam O'Shanter-Sullivan

I know Tam O'Shanter-Sullivan 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 $3,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    18 Horizon Crescent | $879,000 | Battaglia Team