$1,049,900 - 7 Lyncroft Drive, Scarborough
Detached for Sale in Scarborough
New — Listed 3 days agoNeighbourhood: Guildwood
- MLS Number
- E13696258
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- Signature Elite Realty Ltd.
Your own private retreat in the heart of Guildwood, where tranquil lakeside living meets an effortless connection to the city. Set in one of Scarborough's most established and coveted family communities, this four-bedroom detached home pairs a fantastic family layout with a private backyard oasis featuring a heated inground pool, mature trees, and plenty of space to entertain and unwind. It's a home designed to make the most of every season, with summers that feel like a getaway without leaving home. Inside, the bright main floor features open-concept living and dining rooms with hardwood floors, a spacious eat-in kitchen, and a sun-filled solarium with a walkout to the backyard. Upstairs, four well-sized bedrooms provide plenty of room for a growing family, including a primary bedroom overlooking the yard and another bedroom with a walkout to a large deck over the carport, creating yet another inviting outdoor space. The finished basement adds valuable flexibility with a recreation room and plenty of storage. Step outside and the backyard delivers on that first impression. Fully fenced and surrounded by mature greenery, the heated pool, patio, and generous outdoor space create an exceptional setting for summer entertaining, family gatherings, or quiet afternoons by the water. And then there's Guildwood, one of the east end's most desirable places to put down roots. Enjoy the tranquility of living close to Lake Ontario and the lakeshore trail system, along with beautiful parks, mature streets, and fantastic local schools. Guildwood GO Station is a short walk away for an easy commute downtown, while Highway 401 is just a short drive away for convenient travel across the GTA. It's a rare combination: peaceful lakeside surroundings with the city still comfortably within reach. A true family home with an unforgettable backyard, exceptional connectivity, and the relaxed lakeside lifestyle that makes Guildwood such a special place to call home.
Estimate your monthly payments for this property
Estimated Payment
$4,644.06/mo
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 Guildwood
Guildwood 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 Guildwood
- •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
Guildwood 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.
7 Lyncroft Drive, Scarborough Town Centre
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Rental income estimator & ROI calculator
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 $954/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.
About Guildwood
I know Guildwood 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 $4,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.