$1,589,999 - 118 Shepton Way, Scarborough Village
Detached for Sale in Scarborough Village
99 days on market- MLS Number
- E12855056
- Property Type
- Detached
- Status
- active
- Days on Site
- 99
- Bedrooms
- 7
- Bathrooms
- 7
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Welcome to 118 Shepton Way - a beautifully upgraded home in a highly sought-after, quiet neighborhood. Offering exceptional space and functionality, this property features 4+3 bedrooms, 7 full bathrooms, 2 kitchens, and 2 laundry rooms (main floor and basement), making it ideal for large or multi-generational families or investors seeking strong rental income potential with a separate entrance. The home showcases numerous recent interior and exterior upgrades. Highlights include painted walls on the main and second floors, painted doors, window casings, baseboards pot lights on the main floor, ceiling fixtures and modern flat ceilings. The main floor also features a rare full bathroom with a shower, perfect for guests or elderly family members. The modern kitchens and bathrooms are finished with quartz and granite countertops, while hardwood flooring runs throughout the home. The spacious primary bedroom offers a large walk-in closet with organizers and a renovated ensuite with heated flooring (2021). Additional improvements include a semi-ensuite bathroom on the second floor, updated main floor vanity, toilet, and mirror, upgraded and enlarged basement windows (2022) and a bright stairwell window leading to the second floor (2022). The glass-enclosed porch and upgraded double entry doors add to the home's curb appeal. Outside, enjoy a beautiful backyard with a cherry tree, permitted storage house and stone interlock landscaping extending from the front to the backyard (2023). The property also offers a double car garage plus parking for three additional vehicles on the driveway. Conveniently located close to all amenities, including shopping, restaurants, parks, community centres, schools, Pacific Mall, T&T Supermarket, Highway 401, and Milliken GO Station. A rare opportunity to own a spacious, move-in-ready home in a prime location.
Estimate your monthly payments for this property
Estimated Payment
$7,033.10/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 Scarborough Village / Eglinton East
Scarborough Village / Eglinton East 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 Scarborough Village / Eglinton East
- •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
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
Scarborough Village / Eglinton East 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.
118 Shepton Way, Scarborough Village / Eglinton East
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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 $636/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.
Negotiation Opportunity
At 99 days on site, this property has exceeded the typical selling timeline for Scarborough Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 7 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 7 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.
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 $6,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.