53 Sharbot Avenue, Toronto E09

Price: $1,179,000

6 bedrooms, 4 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12884042

Welcome to this fully renovated bungalow located in the heart of Scarborough. This impressive home offers 3+3 spacious bedrooms and 4 modern washrooms, perfect for large or extended families. The bright and inviting living room provides a comfortable space for everyday living, enhanced by elegant hardwood floors and stylish pot lights throughout. The home features brand-new kitchens with contemporary cabinetry and ample counter space, ideal for both daily use and entertaining. The professionally finished legal basement apartment (permit recently approved) includes 3 bedrooms, 2 washrooms, a full kitchen, separate entrance, and is move-in ready for immediate rental income. An excellent opportunity to offset your mortgage or generate steady cash flow. Step outside to a large fully fenced backyard, offering a great space for outdoor enjoyment and entertaining. This move-in-ready property blends comfort, functionality, and quality upgrades, providing plenty of room to suit a variety of lifestyles. Conveniently situated close to reputable schools including Cedarbrae Collegiate Institute and Charles Gordon Senior Public School, as well as nearby elementary schools. Enjoy easy access to shopping at Cedarbrae Mall and Scarborough Town Centre, offering a wide selection of retail, dining, and everyday amenities. Commuting is effortless with quick access to Highway 401, TTC transit and close proximity to parks and community centres that add to the strong family-friendly appeal of this desirable neighbourhood

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$1,179,000 - 53 Sharbot Avenue, Highland Creek

Detached for Sale in Highland Creek

93 days on market
6Beds
4Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12884042
Property Type
Detached
Status
active
Days on Site
93
Bedrooms
6
Bathrooms
4
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Listing Brokerage
RE/MAX ACE REALTY INC.
Description

Welcome to this fully renovated bungalow located in the heart of Scarborough. This impressive home offers 3+3 spacious bedrooms and 4 modern washrooms, perfect for large or extended families. The bright and inviting living room provides a comfortable space for everyday living, enhanced by elegant hardwood floors and stylish pot lights throughout. The home features brand-new kitchens with contemporary cabinetry and ample counter space, ideal for both daily use and entertaining. The professionally finished legal basement apartment (permit recently approved) includes 3 bedrooms, 2 washrooms, a full kitchen, separate entrance, and is move-in ready for immediate rental income. An excellent opportunity to offset your mortgage or generate steady cash flow. Step outside to a large fully fenced backyard, offering a great space for outdoor enjoyment and entertaining. This move-in-ready property blends comfort, functionality, and quality upgrades, providing plenty of room to suit a variety of lifestyles. Conveniently situated close to reputable schools including Cedarbrae Collegiate Institute and Charles Gordon Senior Public School, as well as nearby elementary schools. Enjoy easy access to shopping at Cedarbrae Mall and Scarborough Town Centre, offering a wide selection of retail, dining, and everyday amenities. Commuting is effortless with quick access to Highway 401, TTC transit and close proximity to parks and community centres that add to the strong family-friendly appeal of this desirable neighbourhood

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,215.11/mo

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5-yr fixed avg.

Principal: $943,200Interest: $621,334
Mortgage Amount$943,200
Total Interest$621,334
Est. Property Tax$835/mo
Total Cost$1,564,534

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 (West Hill / Highland Creek)

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

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 (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.

70
Walk Score
Varies
Price Range

53 Sharbot Avenue, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$835
Insurance (est.)-$246
Net Cash Flow+$2,919

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 $1684/sqft, this property is priced above the Highland Creek 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 93 days on site, this property has exceeded the typical selling timeline for Highland Creek. 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 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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.

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    53 Sharbot Avenue, Scarboroug… — $1,179,000 | Battaglia Team