$899,900 - 40 Akil Thomas Gardens, Highland Creek
Townhouse for Sale in Highland Creek
- MLS Number
- E13200898
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 17
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Scarborough (West Hill / Highland Creek)
- Listing Brokerage
- HOMELIFE SUPERSTARS REAL ESTATE LIMITED
$3,250 current rental income. Over $100,000 invested in high-quality finishes. Modern 3-storey luxury freehold townhouse with no monthly fees, quality built by Madison in 2024 still under Tarion warranty. Total of 1,918 sq. ft. plus a 180 sq. ft. terrace and full-size basement. This Home Offers 4+(Studio) Bedrooms, 5 Bathrooms, and 3 Kitchens, surrounded by approximately 100 newer high value townhomes. This is The Most Recent Development in South Scarborough. Owner Occupies 1,400 sq. ft. plus BBQ Terrace, 2nd and 3rd floors consisting of 3 bedrooms, 2.5 bathrooms, a laundry room, garage, and driveway. This floorplan is very rare to find. Upgrades: Floodlight security cameras (front and rear) interlocking driveway, basement studio apartment with separate entrance, large window, kitchen (removable cooktop), custom cabinetry, pot lights, and fully furnished with luxury finishes. Ground level includes a builder-finished 1-bedroom, 4-piece bathroom, separate front entrance, pot lights, kitchen (removable cooktop), custom cabinetry, and Murphy bed with custom cabinets furnished. The 2nd flr features 9ft ceiling, Soundproof insulation in living room, an extended quartz kitchen island with breakfast bar seating for 3 people, stainless steel exhaust hood fan and appliances, custom cabinetry, and gas line for BBQ on terrace. The 3rd Flr offers 3 bedrooms, 2 bathrooms, a primary bedroom (4 piece ensuite) and walk-in closet organizers. Waterproof premium hardwood flooring, Electric blinds, single-panel doors, and luxury quartz countertops throughout the luxury home. Garage features 10.5 ft ceilings, ample storage, and EV charger rough-in. Prime location: 5-minute walk to public & secondary schools, FreshCo, Shoppers, Mosque, Churches, 10-minute TTC commute to LRT crossover and Kennedy Station; 7-minute drive to Scarborough Town Centre and Hwy 401; and 10-minute drive to Hwy 404/DVP via Lawrence Ave East. 30-minute drive to downtown Toronto
Estimate your monthly payments for this property
Estimated Payment
$4,616.95/mo
Includes CMHC insurance ($25,107)
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.
40 Akil Thomas Gardens, Scarborough (West Hill / Highland Creek)
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $600/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.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Highland Creek have shown strong appreciation as families seek more space.
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 Highland Creek.
Bathroom Count Matters
With 5 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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.