$3,388,000 - 4 Lovering Road, Scarborough Village
Detached for Sale in Scarborough Village
136 days on market- MLS Number
- E12616484
- Property Type
- Detached
- Status
- active
- Days on Site
- 136
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Lot Size
- 8,794 sqft
- Listing Brokerage
- COLDWELL BANKER REAL ESTATE PROFESSIONALS
L.U.X.U.R.Y Custom-Built Home on a Premium 70 X 125 ft Lot in the Huntingwood Area. Large 3 CAR GARAGE, Approx 6,500 Sq Ft of Living Space with Finished Basement. 5+3 Bedrooms, 1+1 Kitchens, Home Theatre, 7 Full Bathrooms, 6 Fireplaces, Ceiling speakers on all 3 floors (4 zones), 2 Electric Car Chargers (Inside and Outside). Fully interlocked Driveway, rear, and side yards.Complete Fencing with Two Entry Gates. Stone, Precast, and Brick Exterior. Functional and well-architected open-concept floor plan.Ceiling Heights: 10Ft Main, 9Ft Second, 9Ft Basement. High-end craftsmanship, Main Floor Bedroom with Full Bath. Massive eat-in kitchen, Heated floor, Thermador 6-burner Gas stove & Thermador Dishwasher. 6 X 6 Large skylight for Natural light. ****2nd floor has 4 large bedrooms with Cofferd Ceilings, each with its own ensuite and walk-in closet + Coffee Bar with a Sitting Area + Customized Laundry room + 2 Oversized Linen Cabinets. Master ensuite with TOTO bidet toilet and dryer, designed like a luxury spa. ****Finished Basement (Fully Equipped with Appliances), private wide Walk-out entrance, 3 Spacious Bedrooms, 2 Luxury Full Baths, Making it ideal for multi-family living. Extra private space in the basement for the owner, Theatre room fully equipped with a projector, Large Screen, 7.1 Surround Sound System, and a Wet Bar for Entertainment. ((((Please see the virtual tour))))
Estimate your monthly payments for this property
Estimated Payment
$14,986.27/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 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.
4 Lovering Road, Scarborough Village / Eglinton East
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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 $968/sqft, this property is priced in line with current Scarborough Village 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.
Negotiation Opportunity
At 136 days on site, this property has exceeded the typical selling timeline for Scarborough Village. 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 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.
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 8 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.
Bathroom Count Matters
With 7 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.