$1,249,900 - 47 Cherryhill Avenue, Scarborough
Single Family Home for Sale in Scarborough
- MLS Number
- E12760338
- Property Type
- Single Family Home
- Status
- active
- Days on Market
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 sqft
- City
- Scarborough
Live in one of Toronto's most coveted waterfront communities. This beautiful custom home offers a blend of functionality and tranquility. Thoughtfully designed and impeccably maintained, the home is approximately 2,800 square feet of sophisticated living space and is truly move-in ready. The open-concept interior is enhanced by coffered ceilings and an abundance of natural light, creating an inviting living space. At the heart of the home is a grand chef's kitchen, both elegant and functional, perfectly suited for both entertaining and everyday living. The beautiful family room is sure to please, featuring a cozy wood-burning fireplace, vaulted ceilings, skylights, a bay window, and even a Juliette balcony. This room welcomes both relaxation and gatherings with family and friends. You'll also find a home office, a spacious laundry room, a two-piece powder room on the main floor as well as a separate entrance from the driveway. The fully finished lower level extends the living space, offering two additional bedrooms, a family room, and a large cold storage area. The basement was once a rental suite and could be converted back for multigenerational living or income potential. From the kitchen, walk out onto the deck and enjoy the outdoors in the private, treed yard or step out onto the second-floor balcony... an unique feature of this home. Enjoy easy access to parks, ravine trails, the waterfront, TTC and GO Transit, Highway 401, excellent schools, the Pan Am Sports Centre, Rouge National Urban Park, the Toronto Zoo, and a quick commute to Toronto's city center. .Over $300,000 spent in upgrades. Some of which include: the roof, skylights, soffits, furnace, insulation (2018) replacement of most windows (2018) new air conditioner (2021) primary ensuite renovation( 2024) new, insulated garage doors (2025). Book your showing today...you'll be glad you did.
Discover Toronto E10
Toronto E10 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Toronto E10
- •Convenient location in Toronto E10
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Toronto E10 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
47 Cherryhill Avenue, Toronto E10
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 25+ years of GTA real estate experience
Competitive Pricing
At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Toronto E10's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Toronto E10.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Toronto E10 properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.