61 Harewood Avenue, Toronto E08

Price: $2,588,000

7 bedrooms, 7 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: E13500160

Discover an Unparalleled, Custom-Built 5+2 bedroom, 7-bath Luxury Masterpiece at 61 Harewood Avenue. Located In Cliffcrest South of Kingston & steps from Bluffs & Lake Ontario. The home offers a Meticulously Landscaped front yard, a Sprawling Driveway- flagstone entrance, upon entering, welcomed by designed tiled flooring. Foyer leads to an eye-catching accent wall featuring light- paper & a vapor fire .The dining area, a glowing see-through fireplace, & bold black wall accented W/lights. The main floor 10-foot ceilings w/bright open-concept designed for entertainment and comfort. Family Rm breathtaking focal point, dramatic 19-foot ceilings, striking chandelier, high-end blue roma porcelain, floating feature wall, & 2nd M/fire . Designer custom kitchen premium integrated decor appliances. Seamless countertops, backsplash, and island, illuminated by soft ceiling lighting. This home brims W/undeniable character and beautiful decor in every corner. A wide staircase and landing lead to the 2nd floor, beautifully accented by custom, rectangular black lights for a contemporary feel. Enjoy elevated living on the 2nd floor with lofty 9 feet ceilings & 2 private balconies. This home is flooded W/natural light and features a wide airy hallway. Stained glass on the 2nd-floor windows and sliding door provides privacy without blocking natural light. The luxurious 4-bedroom primary suite features an upgraded modern ensuite, designer finishes, and premium tile work . Every ensuite has custom design and unique combination of finishes. Backyard glass-railing deck, gas line for BBQ convenience, perfect for summer parties. Enjoy a beautifully finished two section layout basement. Spacious entertainment/rec room with a washroom, other side offering office, prayer room and a kids play ground W/washroom. Top Sch R H King, Fairmount, U of T Scar cam, TTC, GO Transit, Beaches, STC, DVP, & 401, to Downtown. Don't miss a rare, family-friendly home that has everything you need.

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$2,588,000 - 61 Harewood Avenue, Scarborough

Detached for Sale in Scarborough

Popular Listing

Neighbourhood: Cliffcrest

7Beds
7Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
E13500160
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
7
Bathrooms
7
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
RE/MAX ACE REALTY INC.
Description

Discover an Unparalleled, Custom-Built 5+2 bedroom, 7-bath Luxury Masterpiece at 61 Harewood Avenue. Located In Cliffcrest South of Kingston & steps from Bluffs & Lake Ontario. The home offers a Meticulously Landscaped front yard, a Sprawling Driveway- flagstone entrance, upon entering, welcomed by designed tiled flooring. Foyer leads to an eye-catching accent wall featuring light- paper & a vapor fire .The dining area, a glowing see-through fireplace, & bold black wall accented W/lights. The main floor 10-foot ceilings w/bright open-concept designed for entertainment and comfort. Family Rm breathtaking focal point, dramatic 19-foot ceilings, striking chandelier, high-end blue roma porcelain, floating feature wall, & 2nd M/fire . Designer custom kitchen premium integrated decor appliances. Seamless countertops, backsplash, and island, illuminated by soft ceiling lighting. This home brims W/undeniable character and beautiful decor in every corner. A wide staircase and landing lead to the 2nd floor, beautifully accented by custom, rectangular black lights for a contemporary feel. Enjoy elevated living on the 2nd floor with lofty 9 feet ceilings & 2 private balconies. This home is flooded W/natural light and features a wide airy hallway. Stained glass on the 2nd-floor windows and sliding door provides privacy without blocking natural light. The luxurious 4-bedroom primary suite features an upgraded modern ensuite, designer finishes, and premium tile work . Every ensuite has custom design and unique combination of finishes. Backyard glass-railing deck, gas line for BBQ convenience, perfect for summer parties. Enjoy a beautifully finished two section layout basement. Spacious entertainment/rec room with a washroom, other side offering office, prayer room and a kids play ground W/washroom. Top Sch R H King, Fairmount, U of T Scar cam, TTC, GO Transit, Beaches, STC, DVP, & 401, to Downtown. Don't miss a rare, family-friendly home that has everything you need.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,447.60/mo

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5-yr fixed avg.

Principal: $2,070,400Interest: $1,363,879
Mortgage Amount$2,070,400
Total Interest$1,363,879
Est. Property Tax$1,833/mo
Total Cost$3,434,279

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: Cliffcrest

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

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

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.

70
Walk Score
Varies
Price Range

61 Harewood Avenue, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,833
Insurance (est.)-$539
Net Cash Flow+$2,628

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

Fair Market Value

At $863/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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Scarborough.

Bathroom Count Matters

With 7 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.

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    61 Harewood Avenue | $2,588,000 | Battaglia Team