$1,999,999 - 5 Larwood Boulevard, Scarborough
Detached for Sale in Scarborough
New — Listed 2 days ago- MLS Number
- E13417790
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 7
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- RE/MAX ACE REALTY INC.
Discover this stunning family home where contemporary design meets functional living. Boasting four generous bedrooms and soaring ceilings on the upper level, the residence is flooded with natural light, creating an open and inviting atmosphere ideal for family life. Thoughtfully finished bathrooms, elegant bedroom spaces, and a show-stopping living room provide the perfect balance of comfort and style for everyday living and entertaining. The main floor features a flexible bedroom or home office, ideal for remote work or hosting guests. The fully finished basement enhances the home's versatility, offering two additional bedrooms and a second full kitchen. The main floor's modern kitchen complements this layout, making the property well-suited for multi-generational living or extended family arrangements. Outside, enjoy a private backyard sanctuary designed for family gatherings and relaxation. A spacious driveway ensures ample parking, while the home's location in a serene, upscale neighborhood provides both convenience and tranquility. With over 4,400 sqft of living space, this exceptional property combines modern luxury, space, and thoughtful family-oriented design.
Estimate your monthly payments for this property
Estimated Payment
$8,846.67/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 Town Centre
Scarborough Town Centre 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 Town Centre
- •Convenient location in Scarborough Town Centre
- •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 Town Centre 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.
5 Larwood Boulevard, Scarborough Town Centre
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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
Competitive Pricing
At $571/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough'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 Scarborough 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 7 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.
Bathroom Count Matters
With 8 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.