$985,000 - 20 Wishing Well Drive, Scarborough Village
Detached for Sale in Scarborough Village
New — Listed 7 days agoNeighbourhood: Tam O'Shanter-Sullivan
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- MLS Number
- E13876608
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Taxes (2026)
- $5,302
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Premium Renovated Bungalow in High-Demand 'Wishing Well' The exceptional layout features a modern 3 bedroom floor plan and a finished basement equipped with a separate side entrance, freshly updated flooring and stairs, offering excellent potential for an in-law suite or an income unit. Two working gas fireplaces-one on each level-alongside premium custom touches like beautiful built-in bookshelves and motorized blinds installed throughout the main living areas. The gorgeous chef's kitchen, fully reimagined with a premium stainless steel fridge, dishwasher, and stove. Two full bathrooms feature newly upgraded fans, downstairs has functioning water jets and renovated laundry room. Major upgrades including a high-efficiency furnace, a premium air conditioning unit, newly upgraded attic insulation for maximum energy efficiency and upgraded front, side, and garage rear doors. The front, back, and side walkways feature premium interlocking brickwork patios, freshly paved asphalt driveway, cement alleyway and garage equipped with an automatic door opener. The large, private rear garden has been professionally levelled and landscaped with fresh sod, manicured garden beds, and a practical bin shed, all framed by a soaring 10-foot privacy fence. As evening falls, stunning new outdoor soffit lights beautifully showcase the property's exterior. Premium modern upgrades including a new 10 foot fence (2021)New front door (2021)Back, Front, and walkway interlock patio (2021)New a/c (2021)Alleyway cement (2021)Backyard levelled, new sod down, gardens put in (2022)All motorized blinds (2022-2023) New furnace (2022)3 new windows (2023)New side door (2023)New garage rear door (2023)New fridge and dishwasher (2022)New kitchen (2023)Bin shed (2023) Built-in bookshelves (2023)Laundry room renovated (2024)New stove (2024)New bathroom fans (2025)Attic insulation (2025)Outdoor soffit lights (2025)Driveway asphalt (2026)Basement floors and stairs (2026)Backwater valve installed.
Estimate your monthly payments for this property
Estimated Payment
$5,053.56/mo
Includes CMHC insurance ($27,482)
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 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
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.
20 Wishing Well Drive, Scarborough Village / Eglinton East
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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
Fair Market Value
At $895/sqft, this property is priced in line with current Scarborough Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough Village. Good resale value as demand remains consistent.
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 $4,104 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.