$1,599,000 - 61 Minerva Avenue, Scarborough
Detached for Sale in Scarborough
Popular Listing- MLS Number
- E13208718
- Property Type
- Detached
- Status
- active
- Days on Site
- 14
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- LPT REALTY
Welcome to 61 Minerva Avenue, a Monarch-built detached home constructed in 2010, offering 4+2 bedrooms and 5 bathrooms, ideal for growing families, multi-generational living, or buyers who want extra room for working from home. The main level features a bright, south-facing layout that floods the living areas with natural light all day, with hardwood flooring, and a spacious living room, dining room, breakfast area, and kitchen. The family-sized kitchen includes granite countertops, upgraded cabinetry, stainless steel appliances, and a double stainless steel sink. Upstairs you will find 4 bedrooms, three full bathrooms, and upper level laundry, with two bedrooms featuring private ensuites, including a spacious primary retreat with a walk-in closet and an upgraded ensuite with a stand-up shower and glass door. A rare highlight is the primary bedroom connected to the second bedroom, perfect for a nursery or home office. The fully renovated finished basement includes 2 bedrooms, a full bathroom, a kitchenette, a second living room, and two storage rooms, offering excellent flexibility and income potential. Step outside to one of the deepest lots in the neighbourhood, a large backyard with plenty of room to entertain and unwind, plus an upgraded garden shed and a double car garage with electric opener. Updates include a brand new furnace in 2025, professionally steam-cleaned carpets, and the home has been fully painted in 2026. This home is also built to LEED H Standard in Monarch's Evergreen community, designed for better efficiency and comfort, helping keep utility bills lower over time. Located in the sought-after Cliffcrest neighbourhood, close to RH King Academy, TTC, shopping, parks, and around the corner from Scarborough GO Station with an approximate 20-minute ride to Union Station.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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.
61 Minerva Avenue, 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 $800/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.
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.
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 Scarborough.
Bathroom Count Matters
With 5 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: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,663 (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.