40 Holmcrest Trail, Toronto E10

Price: $1,350,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13597790

Homes on Holmcrest Trail rarely come up for sale. The current owners have loved and meticulously maintained this home for over 40 years, and it's easy to see why. Set on a prestigious, tree-lined street known for its exceptionally friendly and helpful neighbours, 40 Holmcrest Trail offers a peaceful, tranquil ravine setting with nature right at your doorstep. This deceptively spacious 5-level backsplit is built for real life and multi-generational living. Inside, you'll find 4 bedrooms and 3 upgraded bathrooms, including a primary bedroom complete with its own private ensuite. The main floor features a flexible 4th bedroom right next to one of the updated baths and a cozy family room-perfect for in-laws, long-term guests, or a quiet home office. Further down, the lower level offers a direct walk-up to the backyard, bright above-grade windows, a massive cold cellar, and endless storage options. The basement even includes a dedicated workshop area with three large windows-ideal for a handyman or hobbyist, or ready to convert into an extra bedroom or media space. Step outside into your private pie-shaped backyard oasis backing directly onto the ravine. Enjoy summer afternoons around the in-ground pool, surrounded by lush perennial gardens, a patio, and a grassy lawn. Plus, there's a fully fenced side yard for kids and pets, as well as dedicated side-yard parking with plenty of space for your boat, trailer, or camper! Located in the desirable Centennial/West Rouge neighbourhood, you're steps from Lake Ontario, top-rated schools, and scenic nature trails, including the Waterfront Trail. Enjoy easy access to local amenities like U of T Scarborough, the Pan-Am Centre, Toronto Zoo, shopping, and dining. Commuters will love the quick access to the GO Train, Highway 401, and Kingston Road.

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$1,350,000 - 40 Holmcrest Trail, Rouge

Detached for Sale in Rouge

31 days on market

Neighbourhood: Centennial Scarborough

4Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13597790
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Rouge / Port Union / Malvern
Lot Size
9,709 sqft
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Homes on Holmcrest Trail rarely come up for sale. The current owners have loved and meticulously maintained this home for over 40 years, and it's easy to see why. Set on a prestigious, tree-lined street known for its exceptionally friendly and helpful neighbours, 40 Holmcrest Trail offers a peaceful, tranquil ravine setting with nature right at your doorstep. This deceptively spacious 5-level backsplit is built for real life and multi-generational living. Inside, you'll find 4 bedrooms and 3 upgraded bathrooms, including a primary bedroom complete with its own private ensuite. The main floor features a flexible 4th bedroom right next to one of the updated baths and a cozy family room-perfect for in-laws, long-term guests, or a quiet home office. Further down, the lower level offers a direct walk-up to the backyard, bright above-grade windows, a massive cold cellar, and endless storage options. The basement even includes a dedicated workshop area with three large windows-ideal for a handyman or hobbyist, or ready to convert into an extra bedroom or media space. Step outside into your private pie-shaped backyard oasis backing directly onto the ravine. Enjoy summer afternoons around the in-ground pool, surrounded by lush perennial gardens, a patio, and a grassy lawn. Plus, there's a fully fenced side yard for kids and pets, as well as dedicated side-yard parking with plenty of space for your boat, trailer, or camper! Located in the desirable Centennial/West Rouge neighbourhood, you're steps from Lake Ontario, top-rated schools, and scenic nature trails, including the Waterfront Trail. Enjoy easy access to local amenities like U of T Scarborough, the Pan-Am Centre, Toronto Zoo, shopping, and dining. Commuters will love the quick access to the GO Train, Highway 401, and Kingston Road.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,971.51/mo

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5-yr fixed avg.

Principal: $1,080,000Interest: $711,452
Mortgage Amount$1,080,000
Total Interest$711,452
Est. Property Tax$956/mo
Total Cost$1,791,452

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: Centennial Scarborough

Discover Centennial Scarborough

Centennial Scarborough 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 Centennial Scarborough

  • Convenient location in Rouge / Port Union / Malvern
  • 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

Centennial Scarborough 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

40 Holmcrest Trail, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$2,063

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 $675/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 31 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 Rouge 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.

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 Rouge. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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.

About Centennial Scarborough

I know Centennial Scarborough 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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    40 Holmcrest Trail | $1,350,000 | Battaglia Team