24 Larwood Boulevard, Toronto E08

Price: $2,800,000

5 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13423150

Exceptional custom Tarion built Luxury Home on Expansive Forest-Backed Lot in the quiet & desired neighbourhood of Cliffcrest! Set on an impressive 50x287 foot estate lot, this extraordinary property offers over 7,000 sq. ft. of beautifully finished living space, combining modern design, natural beauty, & meticulous craftsmanship. Step inside to find soaring 9-ft ceilings, a bright open-concept layout, & high-end finishes on every floor. The designer custom kitchen features premium appliances, a full walk-in pantry, a bonus butler's pantry for seamless entertaining. The kitchen opens onto a large back deck overlooking the lush, private forest. This stunning home offers 5 spacious bedrooms, including 4 with ensuite bathrooms each with glass-enclosed showers & elegant tile work. The primary suite is a serene retreat with picturesque forest views & spa-quality finishes. The large double garage provides convenient home access, complemented by a 2.5-car-wide interlocked driveway framed with a custom stone border wall & landscaped garden area. The custom stone-covered front porch features glass railings, pot lighting, & decorative hanging lanterns that enhance the home's impressive curb appeal. Smart home features include Cat6 hardwired connectivity, a built-in speaker system in the family room, 200-amp electrical service, & a comprehensive security camera system with LED soffit, motion, & garage lighting. The basement offers a rough-in for a second kitchen & laundry area, ideal for an in-law or nanny suite. A truly unique highlight is "The Bunker" - an accessory building nestled at the end of the property, complete with a flat rooftop deck overlooking the valley. Perfect potential as a studio, gym, office, or private retreat surrounded by nature. This home is located minutes from the Scarborough Bluffs, Lake Ontario, parks, trails, top-rated schools, & transit. This home offers the best of modern elegance & natural tranquility - this is Cliffcrest living at its finest.

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active
New Listing
1/50

$2,800,000 - 24 Larwood Boulevard, Scarborough

Detached for Sale in Scarborough

New — Listed yesterday
5Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E13423150
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
5
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Exceptional custom Tarion built Luxury Home on Expansive Forest-Backed Lot in the quiet & desired neighbourhood of Cliffcrest! Set on an impressive 50x287 foot estate lot, this extraordinary property offers over 7,000 sq. ft. of beautifully finished living space, combining modern design, natural beauty, & meticulous craftsmanship. Step inside to find soaring 9-ft ceilings, a bright open-concept layout, & high-end finishes on every floor. The designer custom kitchen features premium appliances, a full walk-in pantry, a bonus butler's pantry for seamless entertaining. The kitchen opens onto a large back deck overlooking the lush, private forest. This stunning home offers 5 spacious bedrooms, including 4 with ensuite bathrooms each with glass-enclosed showers & elegant tile work. The primary suite is a serene retreat with picturesque forest views & spa-quality finishes. The large double garage provides convenient home access, complemented by a 2.5-car-wide interlocked driveway framed with a custom stone border wall & landscaped garden area. The custom stone-covered front porch features glass railings, pot lighting, & decorative hanging lanterns that enhance the home's impressive curb appeal. Smart home features include Cat6 hardwired connectivity, a built-in speaker system in the family room, 200-amp electrical service, & a comprehensive security camera system with LED soffit, motion, & garage lighting. The basement offers a rough-in for a second kitchen & laundry area, ideal for an in-law or nanny suite. A truly unique highlight is "The Bunker" - an accessory building nestled at the end of the property, complete with a flat rooftop deck overlooking the valley. Perfect potential as a studio, gym, office, or private retreat surrounded by nature. This home is located minutes from the Scarborough Bluffs, Lake Ontario, parks, trails, top-rated schools, & transit. This home offers the best of modern elegance & natural tranquility - this is Cliffcrest living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$12,385.34/mo

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5-yr fixed avg.

Principal: $2,240,000Interest: $1,475,603
Mortgage Amount$2,240,000
Total Interest$1,475,603
Est. Property Tax$1,983/mo
Total Cost$3,715,603

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.

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Neighbourhood Guide: Scarborough Town Centre

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

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

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.

70
Walk Score
Varies
Price Range

24 Larwood Boulevard, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,983
Insurance (est.)-$583
Net Cash Flow+$1,884

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $800/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.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 6 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.

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    24 Larwood Boulevard, Scarbor… — $2,800,000 | Battaglia Team