60 Aragon Avenue, Toronto E05

Price: $1,295,000

3 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13429666

Premium Large Lot 65X189Ft .Detached 2-Storey With 2nd Floor Custom Addition. New Renovation. New Kitchen, New Washroom, New Floor, New Painting. *Lots Of Updates Windows Interlocking Walkway *Gorgeous Landscaped Backyard Boosting Stone Link Flagstone, Asphalt Basketball Court (60X30Ft), Deck(21X18Ft), Natural Stones *Garage Workshop *Close To Schools, Parks, Shopping, TTC & Hwy 401 *Don't Miss This Rare Opportunity, 2 Garden Sheds(AS IS), Closet In Walk-In Sitting Rm, 2 Dresser In W/I Closet.

60 Aragon Avenue - Detached photo 1 of 30 in Scarborough Village / Eglinton East, Ontario
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New Listing
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$1,295,000 - 60 Aragon Avenue, Scarborough Village

Detached for Sale in Scarborough Village

New — Listed 3 days ago
3Beds
2Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13429666
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Scarborough Village / Eglinton East
Listing Brokerage
RIGHT AT HOME REALTY
Description

Premium Large Lot 65X189Ft .Detached 2-Storey With 2nd Floor Custom Addition. New Renovation. New Kitchen, New Washroom, New Floor, New Painting. *Lots Of Updates Windows Interlocking Walkway *Gorgeous Landscaped Backyard Boosting Stone Link Flagstone, Asphalt Basketball Court (60X30Ft), Deck(21X18Ft), Natural Stones *Garage Workshop *Close To Schools, Parks, Shopping, TTC & Hwy 401 *Don't Miss This Rare Opportunity, 2 Garden Sheds(AS IS), Closet In Walk-In Sitting Rm, 2 Dresser In W/I Closet.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,728.22/mo

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5-yr fixed avg.

Principal: $1,036,000Interest: $682,467
Mortgage Amount$1,036,000
Total Interest$682,467
Est. Property Tax$917/mo
Total Cost$1,718,467

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

60 Aragon Avenue, Scarborough Village / Eglinton East

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$917
Insurance (est.)-$270
Net Cash Flow+$1,613

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

Fair Market Value

At $863/sqft, this property is priced in line with current Scarborough Village 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough Village'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 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $5,396 (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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    60 Aragon Avenue, Scarborough… — $1,295,000 | Battaglia Team