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$1,288,000
Toronto
148 Meadowvale Road, Toronto (Centennial Scarborough), Ontario, M1C1S1
This 7-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Its $1,288,000 asking price sits right in line with the $1,288,000 median in Toronto. It has been on the market 8 days, fresher than the Toronto average of 47 days.
Welcome to this one-of-a-kind residence in the high-demand Centennial community, situated on an expansive 60' x 150' lot. Offering over 3,000 sq. ft. of finished living space across three levels, this home seamlessly combines elegance with exceptional functionality. The main floor features a grand foyer, a dedicated dining room, a formal living room, and a cozy family room with a wood-burning fireplace overlooking a breathtaking west-facing backyard oasis, complete with a stunning in-ground pool and professional landscaping. The bright kitchen offers direct walk-out access to the patio, while the primary suite includes a 4-piece ensuite and a walk-in closet. The newly renovated basement serves as a versatile space, featuring three bedrooms, two full bathrooms, and a private separate entrance-perfect for extended family or income potential. Additional highlights include a double-car garage with parking for six more vehicles and a convenient main-floor laundry room. Ideally located just steps from the waterfront, scenic parks, and trails, this home offers unmatched convenience with close proximity to GO Transit, the University of Toronto Scarborough, Centennial College, St. Michel French School, and local amenities. A rare opportunity to own a spacious, high-income-potential property in an incredible neighbourhood-this home is a must-see. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 47 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 7-bed single family in Toronto (Centennial Scarborough) has been listed for 8 days, which is 39 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,288,000, about 9.9× the local median household income of $130,000.
Carrying it typically needs a household income of about $251,591 (20% down, 25-yr amortization, stress-tested) — roughly 94% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.