43 Aragon Avenue, Toronto E05

Price: $1,358,000

5 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12837930

Welcome to this beautifully renovated three-bedroom bungalow, offering refined living, modern design, and exceptional value in one of the area's most desirable neighbourhoods. This impressive home has been thoughtfully upgraded with quality finishes, stylish details, and a bright, open-concept layout ideal for today's lifestyle. The main level features three spacious bedrooms, two bathrooms, a convenient laundry room, and a modern kitchen with a large island, perfect for both everyday living and entertaining. The fully finished lower level provides additional living spaces, two private entrances, offering flexibility for extended family or guests. Step outside to a brand-new deck overlooking a large, private backyard with a depth of 162.25 feet depth, ideal for relaxing, entertaining, or buiding a pool or garden suite. Conveniently located close to schools, parks, transit, highway 401 & 404, shopping, and major amenities, this move-in-ready home offers the perfect combination of comfort and long-term value. A rare opportunity for buyers seeking both lifestyle and growth.

43 Aragon Avenue - Detached photo 1 of 27 in Scarborough Village / Eglinton East, Ontario
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$1,358,000 - 43 Aragon Avenue, Scarborough Village

Detached for Sale in Scarborough Village

107 days on market
5Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12837930
Property Type
Detached
Status
active
Days on Site
107
Bedrooms
5
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Scarborough Village / Eglinton East
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Welcome to this beautifully renovated three-bedroom bungalow, offering refined living, modern design, and exceptional value in one of the area's most desirable neighbourhoods. This impressive home has been thoughtfully upgraded with quality finishes, stylish details, and a bright, open-concept layout ideal for today's lifestyle. The main level features three spacious bedrooms, two bathrooms, a convenient laundry room, and a modern kitchen with a large island, perfect for both everyday living and entertaining. The fully finished lower level provides additional living spaces, two private entrances, offering flexibility for extended family or guests. Step outside to a brand-new deck overlooking a large, private backyard with a depth of 162.25 feet depth, ideal for relaxing, entertaining, or buiding a pool or garden suite. Conveniently located close to schools, parks, transit, highway 401 & 404, shopping, and major amenities, this move-in-ready home offers the perfect combination of comfort and long-term value. A rare opportunity for buyers seeking both lifestyle and growth.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,006.89/mo

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5-yr fixed avg.

Principal: $1,086,400Interest: $715,668
Mortgage Amount$1,086,400
Total Interest$715,668
Est. Property Tax$962/mo
Total Cost$1,802,068

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: Scarborough Village / Eglinton East

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

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

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.

70
Walk Score
Varies
Price Range

43 Aragon Avenue, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$962
Insurance (est.)-$283
Net Cash Flow+$2,355

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 $1235/sqft, this property is priced above the Scarborough Village 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 107 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.

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 Scarborough Village.

Investment Perspective

Looking at this as an investment: Scarborough Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,658 (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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    43 Aragon Avenue | $1,358,000 | Battaglia Team