$1,481,800
For sale: Detached

Discover a rare opportunity to own a beautifully renovated home on an exceptionally large, private lot in a quiet and established Scarborough Village neighbourhood. Thoughtfully updated with more than $300,000 in renovations, this move-in-ready home combines modern living with the space, privacy, and flexibility of an oversized property.The main level features a bright, open-concept layout with new flooring, fresh paint, pot lights, and expansive windows that fill the home with natural light. The renovated kitchen offers contemporary cabinetry, quality countertops, and stainless-steel appliances, flowing seamlessly into the spacious living and dining areas.The lower level adds valuable flexibility with a separate entrance and a self-contained one-bedroom suite-ideal for extended family, guests, an adult child, or potential rental income.Outside, the exceptionally deep lot provides generous private outdoor space and exciting long-term potential for buyers who value land, while allowing you to enjoy the benefits of a beautifully renovated home today.Enjoy the best of both worlds in this peaceful, established neighbourhood, just minutes from the Scarborough Bluffs, waterfront trails, parks, schools, shopping, and major transit routes. Located within the Elizabeth Simcoe Junior Public School area and close to Guild Park & Gardens and scenic walking trails, the location offers an exceptional blend of nature, community charm, and urban convenience. Guildwood GO Station provides convenient access to downtown Toronto, making this an appealing location for families and professionals alike.Whether you're looking for a move-in-ready family home, multigenerational living, supplemental rental income, or a property with long-term potential, 116 Sylvan Avenue offers a rare combination of a renovated home, an exceptionally large lot, and flexible living space in an established Toronto neighbourhood. (Living room images are virtually staged)
Sold data
Detached homes in Toronto (Scarborough Village) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Scarborough Village) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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