98 Canongate Trail, Toronto E05

Price: $1,299,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13835350

Rare opportunity for renovators, contractors, and end-users to own a spacious 4-bedroom,double-car garage detached home in a prime, highly sought-after neighborhood. This sun-filled property boasts a practical, functional layout filled with natural light and endless customization potential, providing an ideal canvas to build sweat equity or create your dream home. The basement offers generous additional living space, perfect for a future recreation room, home gym, or customized entertainment area. Situated in a family-friendly community just steps away from top-ranked local schools including Kennedy Public School and St. Henry Catholic School, as well as parks, shopping, public transit, and major highways (Hwy 401 & 404).Note: Property, mechanicals (furnace & AC), and all inclusions are being sold in "as-is, where-is" condition with no representations or warranties by the seller.

98 Canongate Trail - Detached photo 1 of 22 in Scarborough Village / Eglinton East, Ontario
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$1,299,000 - 98 Canongate Trail, Scarborough Village

Detached for Sale in Scarborough Village

Popular Listing

Neighbourhood: Steeles

6Beds
4Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
E13835350
Property Type
Detached
Status
active
Days on Site
9
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Scarborough Village / Eglinton East
Taxes (2026)
$7,788
Listing Brokerage
KW Living Realty
Description

Rare opportunity for renovators, contractors, and end-users to own a spacious 4-bedroom,double-car garage detached home in a prime, highly sought-after neighborhood. This sun-filled property boasts a practical, functional layout filled with natural light and endless customization potential, providing an ideal canvas to build sweat equity or create your dream home. The basement offers generous additional living space, perfect for a future recreation room, home gym, or customized entertainment area. Situated in a family-friendly community just steps away from top-ranked local schools including Kennedy Public School and St. Henry Catholic School, as well as parks, shopping, public transit, and major highways (Hwy 401 & 404).Note: Property, mechanicals (furnace & AC), and all inclusions are being sold in "as-is, where-is" condition with no representations or warranties by the seller.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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: Steeles

Discover Steeles

Steeles 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 Steeles

  • •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

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

Steeles 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

98 Canongate Trail, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$3,159

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

Competitive Pricing

At $520/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 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.

Excellent Flexibility

With 6 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 Village.

Bathroom Count Matters

With 4 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 Steeles

I know Steeles 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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    98 Canongate Trail | $1,299,000 | Battaglia Team