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Scarborough Village, Toronto
$1,499,000
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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| Type | Detached |
| Style | Backsplit 3 |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,690 |
| Lot Size | 56 ft x 194 ft |
| mls© Number | E13463238 |
| Listed By | EVERLAND 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.
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 checkInvestment Analysis
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