$999,000 - 3 Kingsmere Crescent, Scarborough
Detached for Sale in Scarborough
90 days on marketNeighbourhood: Scarborough Village
- MLS Number
- E13171930
- Property Type
- Detached
- Status
- active
- Days on Site
- 90
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- Signature Elite Realty Ltd.
Exceptional value in one of Scarborough's most established & desirable neighbourhoods. Nestled on a quiet crescent in sought-after Scarborough Village, this extensively renovated bungalow offers a rare opportunity to enjoy turnkey living, built-in income potential, & family-friendly convenience at a price point that is becoming increasingly difficult to find in Toronto. Surrounded by neighbourhoods where homes regularly command significantly higher values, this property delivers outstanding space, flexibility, & lifestyle without the million-dollar-plus price tag. Just min to the Bluffs, GO Station, waterfront trails, parks, schools, shopping, & major transit routes, the location strikes the perfect balance between community charm & urban accessibility. Imagine enjoying your morning coffee on the front porch while watching your children walk safely into school just steps away. Set on a 64x140 ft lot w large backyard, the home has been comprehensively updated & meticulously maintained, offering the confidence & comfort of a truly move-in ready property. The bright, welcoming layout provides ideal family living, while the self-contained lower-level unit w separate entrance creates exceptional flexibility for rental income, multi-generational living, or private accommodations for extended family. In today's market, the ability to offset carrying costs while building equity in a detached home is a tremendous advantage. Outside, the expansive backyard offers endless opportunities for entertaining, gardening, or enjoying outdoor space rarely found this close to the city. A single-car attached garage plus parking for four vehicles adds everyday practicality. Renovated, income-capable, exceptionally well maintained, & positioned in a high-demand neighbourhood w lasting appeal. Whether you're looking for a smart financial move, a family home with room to grow, or a detached property that offers far more than its price point suggests, this is an opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
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
Scarborough Village 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
- •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
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 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.
3 Kingsmere Crescent, Scarborough Town Centre
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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
Premium Pricing
At $1427/sqft, this property is priced above the Scarborough 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.
Negotiation Opportunity
At 90 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.
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. Good resale value as demand remains consistent.
About Scarborough Village
I know Scarborough Village 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.