$1,075,000 - 83 Pegasus Trail, Highland Creek
Detached for Sale in Highland Creek
45 days on marketNeighbourhood: Woburn
- MLS Number
- E13548290
- Property Type
- Detached
- Status
- active
- Days on Site
- 45
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Scarborough (West Hill / Highland Creek)
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
A Rare Ravine Retreat in Prestigious Seven Oaks - A Once-in-a-Lifetime Opportunity to own a beautifully maintained, one-owner bungalow on a spectacular 65-foot-wide premium ravine and a pie-shaped lot in the highly sought-after Seven Oaks community. Offering breathtaking natural surroundings and unmatched privacy. The elegant living room features soaring ceilings and a stunning bay window that fills the home with abundant natural light, creating a warm and inviting atmosphere. The formal dining room walks out to your private ravine backyard, providing the perfect setting for entertaining guests and family gatherings. The upgraded kitchen combines style and functionality with granite countertops, a centre island, ample cabinetry, and its own walk-out door to the backyard, making indoor-outdoor living effortless. The main floor offers four generously sized bedrooms and two full bathrooms, providing the ideal layout for growing families or those seeking convenient one-level living. The walk-out basement expands your living space with a spacious recreation room featuring a cozy gas fireplace, an additional bedroom, a 3-piece bathroom, and a large storage area. With its separate walk-out entrance and flexible layout, it presents outstanding potential for an in-law suite, multi-generational living, or future income opportunities. Enjoy quick access to Centenary Hospital, Scarborough Town Centre, Highway 401, TTC, shopping, restaurants, grocery stores, Schools, parks, etc. This isn't just a home-it's a lifestyle. Premium ravine properties with this combination of location, lot size, walk-out basement, and future potential rarely become available. Don't miss your opportunity to own this Seven Oaks' most exceptional 83 Pegasus Tr. home.
Estimate your monthly payments for this property
Estimated Payment
$4,755.09/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 Woburn
Woburn 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 Woburn
- •Convenient location in Scarborough (West Hill / Highland Creek)
- •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
Woburn 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.
83 Pegasus Trail, Scarborough (West Hill / Highland Creek)
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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 $717/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.
Market Position
At 45 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 Highland Creek 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.
Excellent Flexibility
With 5 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 Highland Creek.
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 Woburn
I know Woburn 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.