$949,000 - 59 Parkington Crescent, Highland Creek
Detached for Sale in Highland Creek
- MLS Number
- E13163164
- Property Type
- Detached
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough (West Hill / Highland Creek)
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Spacious Home With Finished Basement Apartment And Separate Entrance. Too Many Upgrades To be Mentioned. Furnace Newer (2020), A/C 2017. Tankless Water Heater ID Owned. 2 Laundry. Stainless Steel Appliances, New Shingles (2020) New Porch (July 2020). All Newer Windows (2020) Heated Floor In Main Bathroom. Leaf Garden Eavestrough, Huge Storage Garden Shed With New Roof Eaves And Downpours. Beautifully Newly Renovated Basement Apartment With It's Own Laundry, Separate Entrance. Great Location, Steps To TTC, Close To Stc Shopping Centre And 401. Must See It To Believe It !!!
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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.
59 Parkington Crescent, Scarborough (West Hill / Highland Creek)
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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
Fair Market Value
At $863/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.
Market Position
At 18 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.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Highland Creek. Good resale value as demand remains consistent.
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 $3,954 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.