$2,125,000 - 18 Thatcher Avenue, Scarborough
Detached for Sale in Scarborough
New — Listed 3 days ago- MLS Number
- E13446050
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to this beautifully updated detached home in one of Scarborough's most coveted neighbourhoods, just moments from the breathtaking Scarborough Bluffs, Bluffer's Park Beach, and Cathedral Bluffs Yacht Club. Designed for modern family living, the home features four spacious bedrooms on the upper level plus a versatile main-floor room that can serve as a fifth bedroom, home office, or den. Extensively renovated with hundreds of thousands invested in upgrades, every detail has been thoughtfully curated.At the heart of the home is a spectacular custom kitchen completed in 2024, boasting solid wood cabinetry, quartz countertops and full-height backsplash, a massive waterfall island, and premium built-in JennAir appliances-a stunning $90,000 renovation that seamlessly blends style and functionality. The elegant interior is further enhanced by new wrought iron staircase railings, pot lights throughout, updated interior doors, renovated main-floor laundry room, custom tiled gas fireplace, and new blinds installed in 2024.Step outside to your private backyard oasis where over $100,000 has been invested in creating the ultimate outdoor retreat. Enjoy a huge saltwater swimming pool surrounded by new coping stone and interlocking, sleek glass deck railings, a new privacy fence, professionally landscaped grounds, and a striking front-yard fountain. A newly installed interlocking driveway, new garage doors, exterior pot lights, and refreshed front landscaping provide exceptional curb appeal.Additional updates include all new exterior doors (2024), newly caulked vinyl windows, and a roof approximately 10 years old. Offering luxurious indoor and outdoor living in a prestigious setting close to parks, beaches, marinas, schools, and amenities, this is a rare opportunity to own a truly turnkey family home in one of Toronto's most desirable east-end communities.
Estimate your monthly payments for this property
Estimated Payment
$9,399.59/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 Town Centre
Scarborough Town Centre 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 Town Centre
- •Convenient location in Scarborough Town Centre
- •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 Town Centre 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.
18 Thatcher Avenue, Scarborough Town Centre
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $850/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Scarborough 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 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 Scarborough.
Bathroom Count Matters
With 3 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 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.