25 Strode Drive, Toronto E08

Price: $729,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12896994

Welcome to 25 Strode Dr in Scarborough, a rare opportunity to own a charming home situated on a premium oversized lot with exceptional outdoor space. This solid all-brick detached Bungalow home offers 2 bedrooms and 2 bathrooms , Large living & dining areas, abundant natural light, possible 6 cars on the driveway, quiet street , and features an incredibly deep and private backyard, creating a peaceful setting with a cottage-like retreat feel right in the city. Lovingly cared by same owner for over 60 years, this property showcases true pride of ownership and offers a wonderful opportunity for the next owner to make it their own. Whether you are a first-time home buyer, investor, or builder, the generous lot size provides endless possibilities - move in, renovate, expand, or build your dream home. Conveniently located close to parks, schools, shopping, and transit, this is a rare chance to secure a property with space, privacy, and long-term potential in a desirable Scarborough neighborhood.

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$729,900 - 25 Strode Drive, Scarborough

Detached for Sale in Scarborough

158 days on market

Neighbourhood: Eglinton East

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12896994
Property Type
Detached
Status
active
Days on Site
158
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 25 Strode Dr in Scarborough, a rare opportunity to own a charming home situated on a premium oversized lot with exceptional outdoor space. This solid all-brick detached Bungalow home offers 2 bedrooms and 2 bathrooms , Large living & dining areas, abundant natural light, possible 6 cars on the driveway, quiet street , and features an incredibly deep and private backyard, creating a peaceful setting with a cottage-like retreat feel right in the city. Lovingly cared by same owner for over 60 years, this property showcases true pride of ownership and offers a wonderful opportunity for the next owner to make it their own. Whether you are a first-time home buyer, investor, or builder, the generous lot size provides endless possibilities - move in, renovate, expand, or build your dream home. Conveniently located close to parks, schools, shopping, and transit, this is a rare chance to secure a property with space, privacy, and long-term potential in a desirable Scarborough neighborhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,744.77/mo

Includes CMHC insurance ($20,364)

$
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5%10%50%

5-yr fixed avg.

Principal: $656,910Interest: $446,155
Mortgage Amount$677,274
Total Interest$446,155
Est. Property Tax$517/mo
Total Cost$1,123,430

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: Eglinton East

Discover Eglinton East

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 Eglinton East

  • Convenient location in Scarborough Town Centre
  • 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

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.

70
Walk Score
Varies
Price Range

25 Strode Drive, Scarborough Town Centre

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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)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$517
Insurance (est.)-$152
Net Cash Flow+$2,131

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

Fair Market Value

At $1043/sqft, this property is priced in line with current Scarborough 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. 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 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.

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 Eglinton East

I know Eglinton East 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.

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    25 Strode Drive, Scarborough Town Centre | $729,900 | Battaglia Team