21 Aspendale Drive, Toronto E09

Price: $1,095,000

6 bedrooms, 4 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13468228

Welcome To 21 Aspendale Drive, An Exceptional Property Situated On A Generous 56.56 Ft X 107 Ft Fully Fenced Lot. Widely Regarded As One Of The Finest Homes On The Street And Among One Of The Best In The Bendale Community, Pocket Of Scarborough, This Residence Offers Outstanding Value, Versatility, And Long-Term Potential.The Home Features Six Spacious Bedrooms (4+2), 4 Full Bathrooms, 2 Kitchens, 2 Laundry Areas, And A Separate Entrance, Making It Ideal For Multi-Generational Living Or Investment. The City-Approved Legal Basement Apartment Is Fully Compliant, Including Electrical Safety Authority Certification And A New 200 Amp Electrical Panel.Recent Upgrades Include New High-Efficiency Windows, A New Roof (2024), Central A/C, A High-Efficiency Furnace, And Newer Appliances Throughout - Offering Peace Of Mind And Low Maintenance For Years To Come.Located Within Walking Distance To Scarborough Town Centre (Shopping Mall), 24-Hour Transit, Bus Routes, And A Future Subway Line, The Property Delivers Exceptional Convenience And Strong Future Appreciation.For Investors And End Users Alike, The Backyard Presents A Rare Opportunity To Build A Garden Suite. All Service Lines Are Already Installed And Ready For Connection, Allowing For A Streamlined Build Process. The Property Currently Generates $5,800/Month In Rental Income, With The Potential To Earn Up To An Additional $2,000/Month If Buyer Build A Garden Suite. Aaa Tenants Are In Place And Willing To Stay, Providing Immediate, Stable Cash Flow.

21 Aspendale Drive - Detached photo 1 of 33 in Scarborough (West Hill / Highland Creek), Ontario
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$1,095,000 - 21 Aspendale Drive, Highland Creek

Detached for Sale in Highland Creek

Neighbourhood: Bendale

6Beds
4Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13468228
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
6
Bathrooms
4
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Welcome To 21 Aspendale Drive, An Exceptional Property Situated On A Generous 56.56 Ft X 107 Ft Fully Fenced Lot. Widely Regarded As One Of The Finest Homes On The Street And Among One Of The Best In The Bendale Community, Pocket Of Scarborough, This Residence Offers Outstanding Value, Versatility, And Long-Term Potential.The Home Features Six Spacious Bedrooms (4+2), 4 Full Bathrooms, 2 Kitchens, 2 Laundry Areas, And A Separate Entrance, Making It Ideal For Multi-Generational Living Or Investment. The City-Approved Legal Basement Apartment Is Fully Compliant, Including Electrical Safety Authority Certification And A New 200 Amp Electrical Panel.Recent Upgrades Include New High-Efficiency Windows, A New Roof (2024), Central A/C, A High-Efficiency Furnace, And Newer Appliances Throughout - Offering Peace Of Mind And Low Maintenance For Years To Come.Located Within Walking Distance To Scarborough Town Centre (Shopping Mall), 24-Hour Transit, Bus Routes, And A Future Subway Line, The Property Delivers Exceptional Convenience And Strong Future Appreciation.For Investors And End Users Alike, The Backyard Presents A Rare Opportunity To Build A Garden Suite. All Service Lines Are Already Installed And Ready For Connection, Allowing For A Streamlined Build Process. The Property Currently Generates $5,800/Month In Rental Income, With The Potential To Earn Up To An Additional $2,000/Month If Buyer Build A Garden Suite. Aaa Tenants Are In Place And Willing To Stay, Providing Immediate, Stable Cash Flow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,843.55/mo

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5-yr fixed avg.

Principal: $876,000Interest: $577,066
Mortgage Amount$876,000
Total Interest$577,066
Est. Property Tax$776/mo
Total Cost$1,453,066

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: Bendale

Discover Bendale

Bendale 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 Bendale

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • 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

Bendale 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

21 Aspendale Drive, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$776
Insurance (est.)-$228
Net Cash Flow+$2,996

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

Premium Pricing

At $1564/sqft, this property is priced above the Highland Creek 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.

Market Position

At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Highland Creek 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 Highland Creek.

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.

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    21 Aspendale Drive | $1,095,000 | Battaglia Team