37 Shirley Crescent, Toronto E08

Price: $849,900

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13565062

Calling All Visionaries, Builders & DIYers! If you've been waiting for the perfect opportunity to renovate, rebuild, or create something truly special, your search ends here.Offered for sale in as-is, where-is condition, this property features a 3-bedroom, 2-bathroom home sitting on an exceptional 76 x 147-foot pie-shaped lot with an attached garage in the heart of sought-after Scarborough Village. The house may be ready for its next chapter, but the lot? It's an absolute showstopper.Whether you're dreaming of a stunning custom home, tackling your next renovation project, or investing in a premium piece of real estate, the possibilities here are endless. And when it's time to take a break from all that hard work, you're just moments from neighbourhood favourites including amazing parks, top rated schools, shopping, transit, and everyday conveniences. Bring your contractor, your architect and your imagination. Opportunities like this on a lot of this size don't come around often. Unlock the potential and make this property your masterpiece.

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$849,900 - 37 Shirley Crescent, Scarborough

Detached for Sale in Scarborough

39 days on market

Neighbourhood: Scarborough Village

3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13565062
Property Type
Detached
Status
active
Days on Site
39
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
UNION REALTY BROKERAGE INC.
Description

Calling All Visionaries, Builders & DIYers! If you've been waiting for the perfect opportunity to renovate, rebuild, or create something truly special, your search ends here.Offered for sale in as-is, where-is condition, this property features a 3-bedroom, 2-bathroom home sitting on an exceptional 76 x 147-foot pie-shaped lot with an attached garage in the heart of sought-after Scarborough Village. The house may be ready for its next chapter, but the lot? It's an absolute showstopper.Whether you're dreaming of a stunning custom home, tackling your next renovation project, or investing in a premium piece of real estate, the possibilities here are endless. And when it's time to take a break from all that hard work, you're just moments from neighbourhood favourites including amazing parks, top rated schools, shopping, transit, and everyday conveniences. Bring your contractor, your architect and your imagination. Opportunities like this on a lot of this size don't come around often. Unlock the potential and make this property your masterpiece.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

$
$
5%10%50%

5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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: Scarborough Village

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

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

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.

70
Walk Score
Varies
Price Range

37 Shirley Crescent, 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)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$2,021

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

Competitive Pricing

At $567/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 39 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 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.

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 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 $3,541 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    37 Shirley Crescent | $849,900 | Battaglia Team