$999,999 - 4 Pelmar Place, Highland Creek
Detached for Sale in Highland Creek
New — Listed 3 days ago- MLS Number
- E13429628
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough (West Hill / Highland Creek)
- Listing Brokerage
- AIMHOME REALTY INC.
Fully Renovated Detached Bungalow In A Highly Desirable Woburn Neighbourhood! Situated On an Extra Large lot, Quiet, Family-Friendly Cul-De-Sac Near Markham Rd & Lawrence Ave, This Turn-Key Home Offers Exceptional Value For Families, Multi-Gen Living, Or Investors Seeking Strong Income Potential. The Bright And Spacious Main Floor Features 3 Generous Bedrooms, 2 Full Washrooms, A Sun-Filled Living And Dining Area With Extra-Large Windows, And A Modern Kitchen. The Primary BR Features A Private Ensuite Washroom. New Vinyl Flooring Throughout The Main Level, With Tile Flooring In The Kitchen, Bathrooms & Foyer. All Kitchens And Washrooms Feature Elegant Quartz Countertops. Brand New Exterior Doors And Windows Throughout Enhance Energy Efficiency And Curb Appeal. The Basement Features A Separate Entrance And Is Thoughtfully Configured Into Two Self-Contained Units: A 2-Bedroom And A 1-Bedroom Unit, Each With Its Own Kitchen, Full Washroom, Pot Lights And Vinyl Flooring. The 2-Bedroom Unit Includes A Large Storage Room. All Basement Windows Are Above Grade, Providing Excellent Natural Light. Shared Laundry Is Conveniently Located In The Common Area. Extensively Updated With A 200-Amp Electrical Panel, Safe & Sound Insulation In The Basement Ceiling, Hardwired Smoke Detectors Connected Throughout All Units, Brand New Lennox Air Conditioner (Aug 2025) With 10-Year Warranty, Hot Water Tank (2024), And A Custom-Built Garden Shed (2025). Most Appliances Are Less Than 2 Years Old (Except One Main Floor Fridge). This Well-Maintained Property Offers Outstanding Flexibility For Owner Occupancy With Rental Income Potential, Multi-Family Living, Or Investment Purposes. Conveniently Located Near Cedarbrae Mall, Schools, Parks, Library, Mosque, Major Grocery Stores, Public Transit And Other Essential Amenities. A Rare Opportunity For First-Time Buyers, Growing Families, Upsizers Or Investors. Move-In Ready And Loaded With Quality Upgrades-Don't Miss This Exceptional Opportunity!
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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 (West Hill / Highland Creek)
Scarborough (West Hill / Highland Creek) 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 (West Hill / Highland Creek)
- •Convenient location in Scarborough (West Hill / Highland Creek)
- •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 (West Hill / Highland Creek) 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 Pelmar Place, Scarborough (West Hill / Highland Creek)
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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
Fair Market Value
At $909/sqft, this property is priced in line with current Highland Creek 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.
Just Listed - Act Strategically
This property hit the market within the last week. In Highland Creek'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 Highland Creek 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 6 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 Highland Creek.
Bathroom Count Matters
With 4 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.
Investment Perspective
Looking at this as an investment: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.