$988,000

For sale

81 Vessel Crescent, Toronto (Centennial Scarborough) - Single Family for Sale

81 Vessel Crescent, Toronto (Centennial Scarborough), Ontario, M1C5K6

4 beds4 baths2 parking1,750 ft²26 × 79 ft (2,072 sq ft) lot sizeListed 32 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Listed at $988,000, it is attractively priced about 22% below the $1,258,990 median asking price in Toronto. It has been on the market 32 days, fresher than the Toronto average of 46 days.

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Description

Welcome to this stunning, carpet-free home situated just steps from the shores of Lake Ontario! Offering 3 spacious bedrooms + 2nd floor den/office and 3 bathrooms, this property combines modern comfort with an unbeatable location. The bright, open-concept main floor seamlessly integrates the living and family spaces, featuring a walk-out from the kitchen to a private backyard-perfect for entertaining. Upstairs, the primary bedroom serves as a true retreat, complete with a 4-piece ensuite featuring a relaxing soaker tub and separate standing shower. A large front balcony offers a wonderful spot to enjoy your morning coffee and lake breezes.The fully finished basement features a separate walk-up entrance, complete with a living area, bedroom and secondary kitchen-offering tremendous versatility for extended family or potential rental income. Unmatched location close to waterfront trails, beach areas, playgrounds, top-ranked schools, and all daily amenities. Commuters will love the easy access to TTC, Rouge Hill GO Station, Highway 401, Kingston Rd and Port Union Rd. Move-in ready living by the lake awaits ! (id:66096)

Property Details

MLS®: E13860372
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 26 × 79 ft (2,072 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Finished, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $5,087.28/yr

Rooms

Main level

Living room: 4.69 x 2.44 meters
Family room: 3.96 x 3.26 meters
Kitchen: 3.23 x 2.47 meters
Eating area: 2.32 x 2.47 meters

Basement

Kitchen: 2.2 x 2 meters
Living room: 3.1 x 2.2 meters
Bedroom: 5.1 x 3.1 meters

Second level

Primary Bedroom: 5.03 x 3.4 meters
Bedroom 2: 3.35 x 2.8 meters

Features

Appliances: Water meter, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings, Two Washers, Garage door opener remote(s), Two Refrigerators
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

32d

Toronto (Centennial Scarborough) listings, avg age

46d

Price / ft²

$565

List price

$988K

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.

Haho

This 4-bed single family in Toronto (Centennial Scarborough) has been listed for 32 days, which is 14 days fresher than the city average of 46. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · SAN BARUA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1C)

This home lists at $988,000, about 7.6× the local median household income of $130,000.

Carrying it typically needs a household income of about $192,991 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.

Median household income: $130,000
Population: 35,642
Median age: 44.4
Owner / renter: 89% / 11%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA M1C)

$988,000· $565/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.47% · $73,800

Min 7.47%50%

Mortgage payment$5,068/mo

↳ CMHC premium ($36,568 capitalized)

Property tax (est.)$424/mo

Total monthly$5,492

Cash Needed to Close

Down payment (7.47%)$73,800

Land transfer tax$32,470

Est. closing costs$5,464

Total cash needed$111,734

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