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Investment signal

$1,299,000

49 GREENDOWNS DRIVE

Save this home

Beds

5

Baths

5 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Scarborough Village). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Newly built 4+1 bedroom, 5-bathroom detached residence situated on a 45 ft x 112 ft premium lot in Scarborough Village, one of Scarborough's most desirable and established communities. This home is thoughtfully designed to deliver luxury family living, functional space, and income or multigenerational flexibility. The main level features 9-foot ceilings and an impressive double-height foyer, creating strong visual impact and excellent natural light. An open-concept layout connects the living, dining, and kitchen areas, ideal for both everyday living and entertaining. The living room is anchored by a modern gas fireplace feature wall that adds warmth and architectural interest. The gourmet kitchen is fully equipped with a built-in refrigerator, 36-inch gas range, walk-in pantry, custom coffee bar, and a large central island suitable for casual dining or hosting guests. The second floor offers four generously sized bedrooms and three full bathrooms, including a tranquil primary suite with a spa-inspired five-piece ensuite. A dedicated second-floor laundry room enhances daily convenience. The fully finished basement, accessed through a separate private entrance, includes a complete kitchen, bedroom, bathroom, and separate laundry facilities. This space is ideal for extended family living, in-law or nanny accommodation, or rental income. Additional features include a double-car garage with extra-height doors, an interlocking driveway with parking for up to four vehicles, and close proximity to schools, parks, public transit, and local amenities. A rare opportunity to own a modern, high-quality home with upscale finishes and flexible long-term use potential in Scarborough Village. (id:65958)

Subtype
Single Family
Structure
House
Community
Scarborough Village
Common interest
Freehold
Lot dimensions
45.1 x 112.5 FT
Bedrooms
4 above grade, 1 below grade
Parking
6 total
Stories
2
Fireplace
Yes
On market
Apr 22, 2026
Status changed
Apr 27, 2026
Annual tax
$7,714.31
Photos
37
MLS#
E13031622
Area
TORONTO_(SCARBOROUGH_VILLAGE)

Features and systems

Parking

Garage

Basement

Separate entranceN/A

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

BlockBrick

Lot

Carpet FreeSump Pump
Negative cash flow ~$1,390/mo at these assumptions

Cash on cash

-6.42%

Cap rate

3.58%

GRM

16.7

Break-even rent

$7,963

Financing

Down payment$259,800
Loan amount$1,039,200
Mortgage$5,265/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595
Insurance$80
Maintenance$1,083
CapEx reserve$541
Vacancy loss$325

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,265/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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