$749,000 - 40 Stanland Drive, Scarborough
Detached for Sale in Scarborough
40 days on marketNeighbourhood: Scarborough Village
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- MLS Number
- E13721606
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2025)
- $4,000
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
ATTENTION BUILDERS, INVESTORS & VISIONARIES - YOUR NEXT OPPORTUNITY AWAITS IN SCARBOROUGH VILLAGE! Situated on a generous 45 x 101 ft. lot, this property offers an exciting opportunity to renovate, reimagine or build your custom dream home in one of Scarborough's established and highly desirable communities, subject to applicable municipal approvals.Whether you're a builder searching for your next project, an investor looking to add value, or an end-user ready to create a home tailored to your lifestyle, this property is packed with potential.Enjoy an excellent location surrounded by parks, schools, shopping, restaurants and everyday conveniences, with the beauty of the Scarborough Bluffs just minutes away. Steps to Mason Park and conveniently connected to TTC, GO Transit and major highways, making commuting throughout the city easy.45 x 101 FT. LOT. PRIME SCARBOROUGH LOCATION. ENDLESS POSSIBILITIES. Bring your plans, your vision and your creativity - opportunities like this are increasingly hard to find.Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building possibilities, intended use and all applicable municipal requirements.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
40 Stanland Drive, 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
Competitive Pricing
At $499/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 40 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.
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.
Bathroom Count Matters
With 4 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 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.