$800,000 - 2 Charlemont Crescent, Scarborough Village
Detached for Sale in Scarborough Village
- MLS Number
- E13100108
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Rare find! - Move in ready Lovingly Cared For By The Original Owner And Beautifully Maintained Through The Years, This Warm & Inviting Detached Bungalow nestled in the core central of the city but back into a quiet and peaceful street. Tucked Away On A Beautiful Premium 46 x 113Ft corner Lot In A Mature Neighborhood. This Charming Home Is Perfect For Downsizers Looking For Easy Main Floor Living With Minimal Stairs, While Still Enjoying Space, Privacy & A Wonderful Community Feel. Or first time home buyer or investor who may use the Basement Apartment as In-Law Suite or generate great Rental Income. This Home is Bright, Sun-Filled for all season bc of the massive windows around the whole house, also it has Been Tastefully Updated With A New Kitchen, Bathrooms, New Furnace, Fresh Paint, Pot Lights along with professional garden landscaping Throughout all years. The Main Floor Features A Spacious Open-Concept Layout With 3 Comfortable Bedrooms, A Beautiful Walk-In Shower Bathroom & A Bright Living Space Filled With Natural Light - Creating A Warm & Relaxing Atmosphere Perfect For Quiet Mornings, Family Visits Or Entertaining Loved Ones. And Here Comes potential income generator- The Fully Finished Basement With 2 spacious bedroom, massive living room, and full kitchen and bath, its Ideal For Extended Family, Caregiver Space, Or to Generating Excellent Rental Income Potential. Step Into The Expansive garden fenced with cedar bushes that kept your privacy - Gardening, Summer Gatherings, Or Simply Relaxing In Your Own Private Outdoor Retreat. The Large Lot Also Presents Exceptional Future Potential For Expansion Or Rebuilding In This Highly Desirable Central Location. Conveniently Located Close To TTC, Parks, Shopping, Restaurants, Places Of Worship & Hwy 401 - Offering The Perfect Blend Of Quiet Living & Everyday Convenience. A Truly Special Home Filled With Warmth, Care & Opportunity - Ready For Its Next Beautiful Chapter.
Estimate your monthly payments for this property
Estimated Payment
$4,104.41/mo
Includes CMHC insurance ($22,320)
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.
2 Charlemont Crescent, 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 $727/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.
Market Position
At 18 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 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 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 Village.
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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.