$2,900,000 - 98 Castle Hill Drive, Scarborough Village
Detached for Sale in Scarborough Village
89 days on market- MLS Number
- E12898500
- Property Type
- Detached
- Status
- active
- Days on Site
- 89
- Bedrooms
- 8
- Bathrooms
- 10
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Listing Brokerage
- TRUSTWELL REALTY INC.
Luxury custom built 4,300 SF 5+3 bedroom, three car garage, 9 ft ceiling and walkout basement, 10 ft ceiling main floor with 2 stairs to basement, 9 ft ceilings 2nd floor with skylights, fenced backyard w/deck. All floating staircases. Walk to TTC, close to shopping mall, restaurants and schools. Basement has three bedroom all with 3 pc ensuite bathroom and extra 2 pc washroom. Kitchen with fridge, stove and dishwasher. Walk up to backyard, rough in laundry room, sump pump, furnace room and storage. Main floor coffered ceiling dining room, living room and family room, kitchen with separate fridge and freezer and large island. Two floating stairs to basement. 2nd floor all three bedroom with 3 pc ensuite and walk-in closets, one bedroom with 3 pc ensuite and steam bath. Primary bedroom with 5 pc ensuite and large walk-in closet. Skylights on top of stairs. Laundry room and furnace room.
Estimate your monthly payments for this property
Estimated Payment
$12,827.68/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 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
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.
98 Castle Hill Drive, Scarborough Village / Eglinton East
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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 $829/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.
Negotiation Opportunity
At 89 days on site, this property has exceeded the typical selling timeline for Scarborough Village. 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 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 8 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 Village.
Bathroom Count Matters
With 10 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.