New
42
NewOpen Sat 2:00 p.m.
32
$1,099,000
30 Scarboro Avenue, Toronto, ON M1C 1M3
Highland Creek · E10
3+1 bd
3 ba
1,100 sf
5
Listed yesterdayMLS® E13779032
Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.
Highland Creek · E10 · M1C 1G6
$1,049,000
$954 / sq ftListed yesterday
What similar homes in this area actually sold for.
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Nestled in a quiet cul-de-sac within a mature, family-friendly neighbourhood, this exceptional property offers significant residential redevelopment potential in a rapidly evolving, high-demand area. Surrounded by established homes and ongoing community intensification, it represents an outstanding opportunity for builders, developers, and savvy investors. Development Potential: The seller has proposed severing the property into two lots, with plans to build four flex units per lot with no development charges (buyer to verify with the city). Strong Immediate Income: Functions as an ideal holding property, generating approximately $5,100 per month in rental cash flow while development plans and permits are pursued. Unbeatable Proximity to Campus: Just a 4-5-minute walk to the University of Toronto Scarborough (UTSC), ensuring perpetual, high-volume tenant demand for long-term rental income. Prime Location & Transit: Minutes to Highway 401, TTC transit routes, top-rated schools, hospitals, shopping centres, and everyday amenities. Whether you are looking to acquire a high-yield income property or execute a multi-unit residential project, this property delivers the ideal mix of location, cash flow, and potential value creation.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 14% of comparable detached listings in Highland Creek are asking less.
Based on 29 comparable active detached listings in Highland Creek. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,049,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY
$1,099,000
Highland Creek · E10
Listing courtesy of RE/MAX ROUGE RIVER REALTY LTD.
$849,900
Highland Creek · E10
Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.
$1,099,000
Highland Creek · E10
Listing courtesy of ROYAL LEPAGE IGNITE REALTY
$989,000
Highland Creek · E10
Listing courtesy of REAL ESTATE HOMEWARD
$1,025,000
Highland Creek · E10
Listing courtesy of REAL ESTATE ADVISORS INC.
