126 Marilake Drive, Toronto E07

Price: $3,750

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13114514

Entire Home for Lease. Welcome to this bright and inviting 3-bedroom detached bungalow on a desirable corner lot in one of Scarborough's most sought-after neighbourhoods. The main floor features an open-concept living and dining area with large windows, hardwood flooring, and a beautifully renovated kitchen complete with granite countertops, ceramic floors, and ample cabinetry. The finished basement, with a separate entrance, offers exceptional versatility - featuring two additional bedrooms, a spacious family room, a second kitchen, and a full 4-piece bathroom. Above-grade windows ensure plenty of natural light throughout. Enjoy a private driveway with parking for up to two vehicles and a landscaped yard with a garden shed. Conveniently located near excellent schools, parks, shopping, Scarborough Town Centre, public transit, and easy access to Highway 401.

126 Marilake Drive - Detached photo 1 of 17 in Agincourt / Milliken, Ontario
126 Marilake Drive - Detached photo 2 of 17 in Agincourt / Milliken, Ontario
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$3,750/mo - 126 Marilake Drive, Agincourt

Detached for Rent in Agincourt

33 days on market
5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13114514
Property Type
Detached
Status
active
Days on Site
33
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Agincourt / Milliken
Listing Brokerage
ROYAL LEPAGE URBAN REALTY
Description

Entire Home for Lease. Welcome to this bright and inviting 3-bedroom detached bungalow on a desirable corner lot in one of Scarborough's most sought-after neighbourhoods. The main floor features an open-concept living and dining area with large windows, hardwood flooring, and a beautifully renovated kitchen complete with granite countertops, ceramic floors, and ample cabinetry. The finished basement, with a separate entrance, offers exceptional versatility - featuring two additional bedrooms, a spacious family room, a second kitchen, and a full 4-piece bathroom. Above-grade windows ensure plenty of natural light throughout. Enjoy a private driveway with parking for up to two vehicles and a landscaped yard with a garden shed. Conveniently located near excellent schools, parks, shopping, Scarborough Town Centre, public transit, and easy access to Highway 401.

Neighbourhood Guide: Agincourt / Milliken

Discover Agincourt / Milliken

Agincourt / Milliken 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 Agincourt / Milliken

  • Convenient location in Agincourt / Milliken
  • 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

Agincourt / Milliken 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

126 Marilake Drive, Agincourt / Milliken

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,750/mo
↓ Below typical 5-bed market rent
Annual Rent Cost
$45,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,750/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$3,880/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

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 Rent

At $3,750/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Agincourt. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Agincourt 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 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 Agincourt.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    126 Marilake Drive, Agincourt / M… — $3,750 | Battaglia Team