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Price Change$1,528,000

116 Sylvan Avenue

Scarborough Village, Toronto

$1,499,000

Detached|Backsplit 3
3 | 3 | 8
About this home

61 ft by 191 ft! 116 Sylvan Avenue, a rare opportunity on one of Toronto's most desirable and peaceful cul-de-sac streets. Set on a mature, private lot in an exceptional family-friendly neighbourhood, this beautifully renovated solid brick bungalow combines modern living with outstanding convenience.Extensively updated with over $300,000 in renovations, the home showcases a bright, open-concept layout designed for today's lifestyle. The stunning chef-inspired kitchen features custom contemporary cabinetry, premium countertops, and high-end stainless steel appliances, seamlessly flowing into the spacious living and dining areas. New flooring, pot lights throughout, and expansive floor-to-ceiling windows create a light-filled interior with a clean, sophisticated aesthetic.The fully renovated lower level includes a self-contained one-bedroom suite with a separate entrance, offering excellent income potential, an ideal in-law suite, or flexible space for extended family.Outside, the extended private driveway comfortably accommodates up to four vehicles. Located within highly sought-after school catchments, including the Elizabeth Simcoe Gifted Program and Sir Wilfrid Laurier Collegiate Institute, and just moments from parks, transit, shopping, restaurants, and everyday amenities.Whether you're looking for a move-in-ready family home, an investment opportunity, or a property with future potential, 116 Sylvan Avenue presents exceptional value in one of Toronto's most coveted neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBacksplit 3
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,690
Lot Size56 ft x 194 ft
mls© NumberE13463238
Listed ByEVERLAND REALTY INC.

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%
$7,673
Property tax
$391
Heat allowance
$150
Housing costs
$8,213 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$253,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

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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