$999,000 - 56 Bellamy Road, Scarborough
Detached for Sale in Scarborough
New — Listed 6 days agoNeighbourhood: Cliffcrest
- MLS Number
- E13504436
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Available For The First Time In 68 Years, This Freshly Repainted & Professionally Cleaned Detached Home Offers An Open Concept Main Floor Ideal For Entertaining. A Separate Entrance ToThe Basement With A Separate Bedroom Provides Great Potential For An In-Law Suite Or Anyone Wanting Income Potential After Some Retrofit. Several Upgrades Were Completed Between 2005 & 2010, Leading The The To A Second 28' x 32' Garage Built In The Backyard With 12' Ceilings, Perfect For Storing Exotic Cars, A Wood Workshop & More! In Addition To The Parking Pad Which Fits 4 Cars And The Attached Garage, The Surface Parking In The Yard Fits Two Additional Cars for The Family Or Visiting Guests. Front Covered Porch (Also Built In 2005) Is Perfect For Shade & People Watching or Afternoon Cocktails. Large Backyard With Potential To Add A Pool. Very Family-Friendly Neighbourhood With Schools Nearby. Just Steps From The Eglinton Go Station & LRT Line or TTC along Kingston Road, You Have Access To All Essentials (Groceries, Banks, Pharmacy, Restaurants, Schools etc.) This Is A Great Opportunity For First Time Home Buyers & Developers Seeking To Build A Dream Home On A Rarely Available Estate Lot Alike!
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 Cliffcrest
Cliffcrest 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 Cliffcrest
- •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
Cliffcrest 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.
56 Bellamy Road, 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
Fair Market Value
At $908/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 Cliffcrest
I know Cliffcrest 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.