121 Centennial Road, Toronto, ON

$658,888
MLS#:E9295982
3 beds
2 baths
1000-1199 sqft
3.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Multi-Level condo townhouse located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $658,888 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • Efficient other heating via gas

Description

Welcome to 121 Centennial Drive in Scarborough! This charming multi-level condo, listed at **$658,888**, is the perfect opportunity for first-time homebuyers. Backing onto lush green parklike space, this home offers a serene setting with the added benefit of privacy. The spacious layout includes three bedrooms and one and a half bathrooms, providing ample space for a growing family. The walkout yard offers a private outdoor space, ideal for relaxing or entertaining guests. Located in a prime neighborhood, this condo is just a short walk to public transit, making your daily commute convenient and stress-free. Families will appreciate the proximity to various educational options, including public, Catholic, and Montessori elementary schools. Don't miss your chance to own this affordable and well-located home in a desirable Scarborough neighborhood!

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 23, 2024
Sold price information is available to members only
Listed Date9/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural StyleMulti-Level
ConstructionBrick
BasementUnfinished
CountyToronto
Annual Tax$1,967.04

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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121 Centennial Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 121 Centennial Road 88, Toronto E10, ON M1C 1Z7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$40,889 (6.2%)
* Minimum Canadian down payment required for this price is $40,889.
Amortization Period25 Years
Estimated Monthly Payment$3,683Based on a loan of $617,999 over 25 years.
Purchase Price$658,888
Loan Amount$617,999
Provincial Land Transfer Tax:$9,653
Toronto Municipal Land Transfer Tax:$9,653
Total Estimated Closing Taxes:$19,306

About Purchasing a Home in Toronto, ON

For a property listed at $658,888 in Toronto, the legal minimum down payment is $40,889 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,653 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,653 also applies, bringing the total estimated land transfer taxes to $19,306.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Centennial Scarborough, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,175,011

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Saint-Michel
Public29 Meadowvale Road, Scarborough, Toronto, Ontario, M8Y 1R7
6.2
St Dominic Savio
Public50 Tideswell Boulevard, Scarborough, Toronto, Ontario, M1B 5X3
5.4
St Malachy
Public80 Bennett Road, Scarborough, Toronto, Ontario, M1E 3Y3
5.6
Cardinal Leger
Public600 Morrish Road, Scarborough, Toronto, Ontario, M1C 4Y1
6.7
St Jean de Brebeuf
Public101 Dean Park Road, Scarborough, Toronto, Ontario, M1B 2X2
7.7

Secondary Schools

Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.