$974,900 - 3 Kingsmere Crescent, Scarborough
Detached for Sale in Scarborough
Popular ListingNeighbourhood: Scarborough Village
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- E13830554
- Property Type
- Detached
- Status
- active
- Days on Site
- 12
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2026)
- $5,075
- Listing Brokerage
- Signature Elite Realty Ltd.
Exceptional value in one of Scarborough's established and sought-after neighbourhoods! Nestled on a quiet crescent in Scarborough Village, this extensively renovated bungalow offers turnkey living, incredible flexibility, and built-in income potential.Set on a generous 64 x 140 ft lot, this meticulously maintained home features a bright, welcoming layout designed for comfortable family living. The self-contained lower-level suite with separate entrance provides exceptional versatility for rental income, multi-generational living, extended family, guests, or a private home office.The expansive backyard is a true highlight, offering plenty of room for entertaining, gardening, children's play, or simply enjoying outdoor living. A single-car attached garage plus parking for four vehicles adds everyday convenience.Enjoy your morning coffee on the front porch while the kids walk to school just steps away. Ideally located minutes from the Scarborough Bluffs, GO Station, waterfront trails, parks, schools, shopping, and major transit routes, this home offers the perfect balance of neighbourhood charm and urban accessibility.For buyers seeking a detached home with space, income potential, parking, and a large lot-without the million-dollar-plus price tag-this is an opportunity worth exploring. Renovated, move-in ready, and exceptionally well maintained, this home delivers outstanding value and flexibility in a location with enduring appeal.
Estimate your monthly payments for this property
Estimated Payment
$5,001.74/mo
Includes CMHC insurance ($27,200)
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
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1393/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.
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.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,062 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.