$799,900 - 71 Gatesview Avenue, Scarborough
Detached for Sale in Scarborough
Popular ListingNeighbourhood: Scarborough Village
- MLS Number
- E13676464
- Property Type
- Detached
- Status
- active
- Days on Site
- 9
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- REAL ESTATE HOMEWARD
Welcome to this bright and spacious 3-bedroom bungalow, ideally situated on a sprawling 75-foot lot in the quiet and friendly Scarborough Village community. From the moment you step inside, you'll appreciate the warm, welcoming interior, abundant natural light, and generous room sizes throughout. The main floor features a large living room with breathtaking oversized windows that fill the space with natural light, spacious bedrooms with large windows and closets, beautiful hardwood floors, and professionally painted, making this home truly move-in ready. The large eat-in kitchen provides plenty of room, while the open-concept dining area creates an inviting setting for entertaining. Step out to the beautiful covered deck for seamless indoor-outdoor living and large, fully fenced private backyard, perfect for enjoying those memorable summer days at home.The spacious lower level offers incredible versatility with a separate entrance, full kitchen, bedroom, bathroom, and a large open area with ample room for a family room and dining table for games, and family gatherings. A cool retro bar adds a nostalgic touch, creating a fun space for entertaining. Ideal for extended family, multigenerational living, or potential rental income. Close to parks, schools, shopping, dining, gyms, hospitals, Scarborough Golf and Country Club, easy access to TTC, GO Station, and Highway 401. The Scarborough Bluffs are also just minutes away. Come see all this spacious bungalow has to offer! Open House SAT/SUN
Estimate your monthly payments for this property
Estimated Payment
$4,103.90/mo
Includes CMHC insurance ($22,317)
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.
71 Gatesview Avenue, 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 $727/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.
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 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.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.