$1,325,000 - 87 Midland Avenue, Scarborough
Detached for Sale in Scarborough
New — Listed 3 days ago- MLS Number
- E13229894
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
This is the kind of ravine backyard childhood memories are made of! Backing onto the Midland Ravine system that winds through the heart of Cliffcrest, your kids can explore trails, meet neighbourhood friends, and enjoy the kind of outdoor adventures that are becoming increasingly rare.Don't miss this exceptional opportunity to get into the highly ranked Chine Drive Public School district while enjoying a fully renovated, move-in-ready ravine property in one of Cliffcrest's most sought-after neighbourhoods along the Scarborough Bluffs. Also located near R.H. King Academy, this home offers outstanding lifestyle and long-term value within two of Scarborough's most desirable school catchments.Thoughtfully renovated and beautifully maintained, this home blends modern style with the serenity of nature. Extensive updates to the upper levels (2022) and a refreshed basement with a fourth bedroom and three-piece bath (2017) create a truly turnkey opportunity. The bright main floor features a powder room, sleek pocket doors, and a stunning open-concept kitchen designed for both everyday family living and entertaining. Large windows fill the home with natural light throughout.Situated on an extraordinary 50 x 146 ft ravine lot, the fully fenced backyard offers exceptional privacy and a peaceful natural setting perfect for children, pets, entertaining, or simply relaxing among the trees.The self-contained one-bedroom basement suite with separate side entrance provides ideal in-law, nanny, or income potential, while existing interior access allows for easy conversion back to a single-family home.Located in a walkable, family-friendly neighbourhood close to parks, trails, Bluffer's Park, Scarborough Bluffs Beach, Birch Cliff Village shops and cafés, and Scarborough GO Station for an easy downtown commute.A rare opportunity to own a turnkey ravine property where nature, community, and family life come together.
Estimate your monthly payments for this property
Estimated Payment
$5,860.92/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.
87 Midland 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
Premium Pricing
At $1205/sqft, this property is priced above the Scarborough 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.
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.
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 Scarborough. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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 $5,521 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.