$1,668,000 - 2098 Pharmacy Avenue, Scarborough Village
Detached for Sale in Scarborough Village
158 days on market- MLS Number
- E12545632
- Property Type
- Detached
- Status
- active
- Days on Site
- 158
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Lot Size
- 11,880 sqft
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Wow! Big Bold & Beautiful! An EXCEPTIONAL And Truly ONE-OF-A-KIND Offering - This STUNNING, SPRAWLING 4+1 Bedroom Bungalow Sits Proudly On AN IMPRESSIVE 66 x 180 - FOOT LOT With Parking For *8* CARS! From The Moment You Step Into The Expansive Courtyard Featuring Architectural Classic Archways Then Enter Through Stately Double Doors, Stepping Through Elegant Archways That Define The Living Spaces, You'll Be Impressed By The New Skylight That Bathes The Grand Entryway & Spacious Living Room In Natural Light, Highlighting The Rich Hardwood Flooring Throughout & Gas Fireplace! The Renovated CHEF'S KITCHEN Showcases Stainless Steel Appliances, Granite Countertops, Pot Lighting, Breakfast Bar, Hardwood Flooring & Spacious Eat In Area - Perfect For Hosting Large Family Gatherings! For Added Convenience, A Walk-In From The Renovated Garage Leads To A Spacious Mudroom - Making Grocery Trips & Coming Home In Inclement Weather A Breeze! The Expansive Primary Retreat Boasts A Renovated Spa-Like Ensuite, Generous Closet Space, & Room For A Sitting Area - All With Direct Access To Your Private Deck! There's Another Primary Bedroom, Complete With A Renovated Ensuite & A Walkout To The Charming Courtyard -Perfect For Morning Coffee! There Are Also 2 Additional Generously Sized Bedrooms On The Main Floor, Seamlessly Finished With Hardwood Flooring & 3 Walkouts On The Main Floor! TWO SEPARATE UNIQUE STAIRCASES Lead To The Finished Lower Level, Where You'll Find A 5th Bedroom - Ideal For Out Of Town Guests To Unwind In Their OWN PRIVATE SPACE Complete With A Gas Frplc! For Added Luxury, This Level Also Includes A 6 Person Sauna, A 3 -Piece Bath & A Separate Laundry Area! Step Out Through One Of Two Walkouts To Your Luxurious Covered Deck, Perfect For Dining! There Are 3 Tiered Decks!The Stunning Backyard Is Large Enough For Multiple Pools & Offers MUSKOKA LIKE TRANQUILITY, Surrounded By Majestic Trees - HIS UNIQUE PROPERTY Is The Envy Of The Neighbourhood - Even Add A Garden Suite!
Estimate your monthly payments for this property
Estimated Payment
$7,378.13/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 / 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
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.
2098 Pharmacy Avenue, 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 $834/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.
Negotiation Opportunity
At 158 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 $6,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.