$799,000 - 32 Rockwood Drive, Scarborough
Detached for Sale in Scarborough
New — Listed 2 days ago- MLS Number
- E13413708
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Some Opportunities Are Hard To Find. Others Are Hiding In Plain Sight. Set On An Extraordinary 50 X 232 Ft Lot In The Heart Of Cliffcrest, This Charming Solid Brick Bungalow Offers A Rare Combination Of Immediate Comfort And Future Potential. Lovingly Maintained Over The Years, The Home Welcomes You With Bright, Spacious Principal Rooms, Hardwood Floors Throughout, A Sun-Filled South-Facing Kitchen With Newer Windows And Stainless Steel Appliances, And A Warm, Inviting Atmosphere That Feels Instantly Familiar. The Thoughtfully Renovated Lower Level Adds Valuable Living Space, Whether You're Hosting Family, Working From Home, Or Simply Looking For Room To Spread Out. With 2+1 Bedrooms And A Functional Layout, This Is A Home That Adapts Beautifully To Every Stage Of Life. Step Outside And Discover What Truly Sets This Property Apart. The Deep, Park-Like Backyard Feels Like Your Own Private Retreat, With Endless Space For Gardening, Entertaining, Future Expansion, Or Simply Enjoying A Quiet Afternoon Surrounded By Nature. An Oversized Garage, Two Storage Sheds, And A Long Private Driveway With Ample Parking Add Even More Flexibility And Convenience.Whether You're A First-Time Buyer Looking To Establish Roots In A Sought-After Neighbourhood, A Downsizer Seeking The Ease Of Bungalow Living Without Giving Up Outdoor Space, Or An Investor Or Builder Recognizing The Incredible Value Of An Oversized Lot, This Property Presents A Wealth Of Possibilities. All Of This Just Moments From Parks, Schools, Shopping, TTC, And The Natural Beauty Of The Scarborough Bluffs. A Home Filled With Heart, Opportunity, And Room To Imagine What's Next!
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
32 Rockwood Drive, Scarborough Town Centre
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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
Premium Pricing
At $1141/sqft, this property is priced above the Scarborough average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.