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New6 days ago

3 Kingsmere Crescent

Scarborough Village, Toronto

$974,900

Detached|Bungalow
3 | 2 | 4
About this home

Exceptional value in one of Scarborough's established and sought-after neighbourhoods! Nestled on a quiet crescent in Scarborough Village, this extensively renovated bungalow offers turnkey living, incredible flexibility, and built-in income potential.Set on a generous 64 x 140 ft lot, this meticulously maintained home features a bright, welcoming layout designed for comfortable family living. The self-contained lower-level suite with separate entrance provides exceptional versatility for rental income, multi-generational living, extended family, guests, or a private home office.The expansive backyard is a true highlight, offering plenty of room for entertaining, gardening, children's play, or simply enjoying outdoor living. A single-car attached garage plus parking for four vehicles adds everyday convenience.Enjoy your morning coffee on the front porch while the kids walk to school just steps away. Ideally located minutes from the Scarborough Bluffs, GO Station, waterfront trails, parks, schools, shopping, and major transit routes, this home offers the perfect balance of neighbourhood charm and urban accessibility.For buyers seeking a detached home with space, income potential, parking, and a large lot-without the million-dollar-plus price tag-this is an opportunity worth exploring. Renovated, move-in ready, and exceptionally well maintained, this home delivers outstanding value and flexibility in a location with enduring appeal.

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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,075
Lot Size64.69 ft x 140 ft
mls© NumberE13830554
Listed BySignature Elite Realty Ltd.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,990
Property tax
$423
Heat allowance
$150
Housing costs
$5,563 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $194,980
25-yr amortization

Income needed

$171,000

gross annual household income

Payment at 4%
$4,103 / mo
Cash down
$194,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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