40 Elkwood Drive, Unit BSMT, Toronto, ON

$2,800/mo
MLS#:E13715726
4 beds
1 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Added:Aug 25, 2026(3 days ago)
Updated:Aug 26, 2026(2 days ago)
Last Checked:24 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Centennial Scarborough. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $2,800 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.

  • 4 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 48.5 x 110 ft lot
  • Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

Welcome To A Spacious 3 + 1 Bedroom Basement Apartment In The Desirable Centennial Neighborhood, Near Port Union Beach And Rouge Hill Go Station. This Bright And Modern Unit Features An Open-Concept Kitchen And Living Area, Ample Closet Space And Includes Car Parking Spot. Location In A Quite, Family Area With Easy Access To Public Transportation, Major Highways, Park And School & Shopping.

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Property Summary

This detached home located at 40 Elkwood Drive, Toronto is currently for sale and has been available on SousaSells for 3 days. This property is listed at $2,800 with an estimated mortgage of $9* per month. It has 4 beds, 1 bathroom, and is 1500-2000 square feet. 40 Elkwood Drive, Toronto is in the Centennial Scarborough neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Centennial Scarborough, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Centennial Scarborough, Toronto.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 25, 2026 (3 days ago)
UpdatedAug 26, 2026 (2 days ago)
Last Checked24 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementSeparate Entrance
Lot Size48.5 × 110 Feet
CountyToronto

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Park
  • School
  • Place Of Worship
  • School Bus Route

Interior Features

  • Other

Security Features

  • Carbon Monoxide Detectors

Community Features

None listed

Frequently Asked Questions about 40 Elkwood Drive, Unit BSMT, Toronto, ON

Q.What is the asking price for 40 Elkwood Drive, Unit BSMT, Toronto, ON ?

The current listing price for 40 Elkwood Drive, Unit BSMT, Toronto, ON in Centennial Scarborough, Toronto is $2,800.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 1 bathroom across approximately 1500-2000 sqft.

Q.What property type and architectural style is 40 Elkwood Drive, Unit BSMT, Toronto, ON ?

40 Elkwood Drive, Unit BSMT, Toronto, ON is a Detached (Bungalow) featuring a Separate Entrance basement.

Q.What key property features does 40 Elkwood Drive, Unit BSMT, Toronto, ON offer?

Key property features include: Hospital, Library, Park, School, Place Of Worship, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Other.

Q.What security features are installed at 40 Elkwood Drive, Unit BSMT, Toronto, ON ?

Security features include: Carbon Monoxide Detectors.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Central Air.

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Location

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40 Elkwood Drive, Unit BSMT, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Centennial Scarborough, Toronto

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents145 incidents / yr
Average Per Month12.1 incidents / mo
Population Benchmark14,695 residents
Personal Safety
Low

50 assaults (338.0/100k)

Property Security
Moderate

19 B&E (128.4/100k)

Auto Theft Risk
Elevated

29 thefts (196.0/100k)

1-Year Trend
â–² +3.6%

Stable vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 40 Elkwood Drive BSMT, Toronto, ON M1C 2C1

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$840 (30.0%)
* Minimum Canadian down payment required for this price is $140.
Amortization Period30 Years
Estimated Monthly Payment$9Based on a loan of $1,960 over 30 years.
Purchase Price$2,800
Loan Amount$1,960
Provincial Land Transfer Tax:$14
Toronto Municipal Land Transfer Tax:$14
Total Estimated Closing Taxes:$28

About Purchasing a Home in Toronto, ON

For a property listed at $2,800 in Toronto, the legal minimum down payment is $140 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 $14 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14 also applies, bringing the total estimated land transfer taxes to $28.

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Centennial Scarborough, Toronto 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$1,253,800

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%

Best Schools in Centennial Scarborough, Toronto

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

Centennial Scarborough, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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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.

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