331 Scarborough Road, Toronto E02

Price: $1,329,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E12907820

Renovated top to bottom with a lovely main floor addition for extra space. This fantastic home has been lovingly upgraded and maintained throughout. Thoughtfully updated by the same family for over 10 years featuring beautiful hardwood flooring throughout main and upper floors, 2 full upgraded baths, large open concept living dining with pot lights, bonus main floor family room addition, modern kitchen with quartz counters and large peninsula perfect for baking! Sweet back yard space and lovely deck, great for kids, pets, and entertaining. Exceptional upgrades include a large renovation in 2015, new air conditioner, furnace, and water tank (all owned). Basement exterior waterproofed with all new drains, back flow valve, main water line replaced. New roof and gutters 2016, reinsulated the main floor addition 2018, mostly new windows, new fence on North side of the property, updated pot lights, new washer, dryer and dishwasher 2024. Spacious bedrooms all feature closets (wardrobe included in middle bedroom). There is nothing to do but move into this upgraded home! Fantastic home inspection available. This location is incredible for families with the very best schools with some of the best rankings. Steps to Adam Beck and Malvern Schools (Fr. Immersion Option). Kingston Rd. Village shops and restos literally right there! This mid block location is phenomenal! Walk to fantastic transit, street car, bus, easy access to subway and 15 min commute to Union via GO making your trip downtown a breeze! Walk to the new YMCA, short walk to beautiful Glen Stewart ravine and the beach! Walk to all the best the Beach has to offer. Do not miss this opportunity! Parking is shared month to month on mutual drive.

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$1,329,000 - 331 Scarborough Road, The Beaches

Semi-Detached for Sale in The Beaches

85 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E12907820
Property Type
Semi-Detached
Status
active
Days on Site
85
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

Renovated top to bottom with a lovely main floor addition for extra space. This fantastic home has been lovingly upgraded and maintained throughout. Thoughtfully updated by the same family for over 10 years featuring beautiful hardwood flooring throughout main and upper floors, 2 full upgraded baths, large open concept living dining with pot lights, bonus main floor family room addition, modern kitchen with quartz counters and large peninsula perfect for baking! Sweet back yard space and lovely deck, great for kids, pets, and entertaining. Exceptional upgrades include a large renovation in 2015, new air conditioner, furnace, and water tank (all owned). Basement exterior waterproofed with all new drains, back flow valve, main water line replaced. New roof and gutters 2016, reinsulated the main floor addition 2018, mostly new windows, new fence on North side of the property, updated pot lights, new washer, dryer and dishwasher 2024. Spacious bedrooms all feature closets (wardrobe included in middle bedroom). There is nothing to do but move into this upgraded home! Fantastic home inspection available. This location is incredible for families with the very best schools with some of the best rankings. Steps to Adam Beck and Malvern Schools (Fr. Immersion Option). Kingston Rd. Village shops and restos literally right there! This mid block location is phenomenal! Walk to fantastic transit, street car, bus, easy access to subway and 15 min commute to Union via GO making your trip downtown a breeze! Walk to the new YMCA, short walk to beautiful Glen Stewart ravine and the beach! Walk to all the best the Beach has to offer. Do not miss this opportunity! Parking is shared month to month on mutual drive.

Mortgage Calculator

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Estimated Payment

$5,878.62/mo

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5-yr fixed avg.

Principal: $1,063,200Interest: $700,385
Mortgage Amount$1,063,200
Total Interest$700,385
Est. Property Tax$941/mo
Total Cost$1,763,585

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: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • 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

The Beaches / Upper Beaches 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

331 Scarborough Road, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$941
Insurance (est.)-$277
Net Cash Flow+$1,582

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

Premium Pricing

At $1208/sqft, this property is priced above the The Beaches 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.

Negotiation Opportunity

At 85 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in The Beaches 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.

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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,538 (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.

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    331 Scarborough Road, The Bea… — $1,329,000 | Battaglia Team