$1,188,800 - 76 Wishing Well Drive, Scarborough Village
Detached for Sale in Scarborough Village
36 days on marketNeighbourhood: Tam O'Shanter-Sullivan
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- MLS Number
- E13732812
- Property Type
- Detached
- Status
- active
- Days on Site
- 36
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Taxes (2025)
- $5,120
- Listing Brokerage
- RIGHT AT HOME REALTY
Why Have A Cottage When You Can Have The Same Privacy In Your Own Backyard!!! This Fully Renovated 3+1 bed Bungalow Located In The Coveted Tam O'Shanter - Sullivan Neighbourhood! Excellent schools nearby including Sir John A Macdonald C.I. & Vradenburg Jr. Public School. Quiet & Family Friendly Community. Steps To Schools, Parks, Place Of Worship, Dinning, Groceries And More. Conveniently Located Near The 401 & 404, Ttc & Go Station. The Lower level is a Perfect Space For A Teen Retreat, Guest Suite Or Potential In-Law Suite! A 4Pc Bath, A Dedicated Children's Play Area & A Quiet Area Ideal For A Home Office Make This Level Incredibly Versatile-Perfect For Today's Multigenerational Or Growing Families! No Detail Has Been Overlooked.
Estimate your monthly payments for this property
Estimated Payment
$5,258.46/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 Tam O'Shanter-Sullivan
Tam O'Shanter-Sullivan 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 Tam O'Shanter-Sullivan
- •Convenient location in Scarborough Village / Eglinton East
- •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
Tam O'Shanter-Sullivan 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.
76 Wishing Well Drive, Scarborough Village / Eglinton East
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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 $1081/sqft, this property is priced in line with current Scarborough Village 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.
Market Position
At 36 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 Village 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 Village. Good resale value as demand remains consistent.
About Tam O'Shanter-Sullivan
I know Tam O'Shanter-Sullivan 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 Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,953 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.