Sold for:Sold Feb 23, 2026
$925,000

16 Fortune Gate

Scarborough (Woburn), ON M1G 1X8

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 16 Fortune Gate, Scarborough, Woburn

2026-02-15
2026-02-23
Sold
Price
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MLS#
e12790780
2025-11-18
2026-02-04
Terminated
Price
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2025-10-27
2025-11-18
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 16 Fortune Gate, Scarborough, Woburn

Summarized Description

  • In-law suite offers rental income potential.
  • Recently renovated with two full kitchens.
  • Solid brick bungalow with timeless charm.
  • Flexible living options for large families.
  • Exceptional storage and living space.
  • Unbeatable location near transit and schools.
  • Meticulously maintained with pride of ownership.
  • Separate entrance to be built for convenience.

Location!! Location!! Location!!! Incredible Opportunity! Lovingly Owned By The Same Family Since 1968. In-Law Suite & Income Opportunity!! This Solid Brick Bungalow Exudes Timeless Charm, Exceptional Craftsmanship, And Endless Potential. Thoughtfully Maintained And Recently Renovated, This Home Features 2 Full Kitchens, 3 Bedrooms Upstairs, And 2 Bedrooms Downstairs, Along With 2 Full Bathrooms - Offering Flexible Living Options For Large Families, Investors, Or Those Seeking Multi-Generational Living. Each Generous Bedroom Easily Accommodates A Queen-Sized Bed, Ensuring Comfort And Space For Everyone. The Home Has Been Meticulously Cared For, With Numerous Upgrades Over The Years That Highlight True Pride Of Ownership. With Ample Living Space, Exceptional Storage, And An Unbeatable Location!! This Property Offers Incredible Potential For Personal Living Or Rental Income. Don't Miss Your Chance To Make This Versatile And Well-Loved Home Your Own! Steps To Transit, Schools, STC, Universities, 401 Highway, And All Amenities. Negotiable! A Separate Entrance Is To Be Built.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,951
Land Transfer Tax Fee
$29,950

Basement Type
Finished

Interior Features

Laundry Level
Lower Level
Interior Extras
Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit

Building

Building Type
Detached
Building Style
Bungalow-Raised
Approx Age
31-50

Construction

Exterior Finish
Brick, Brick Front
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
59.50 ft
Lot Depth
116.58 ft
Lot Size
5446.53
Lot Shape
Irregular

Inclusions

Inclusions
2 Fridges, 2 Stoves, Washer & Dryer, All Existing Light Fixtures, And Window Coverings.

Exclusions

Exclusions
All Staging Furniture.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Yes

Bedrooms
3 + 1
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 3-piece, Main
  • 3-piece, Basement

Municipality
Scarborough
Neighbourhood
Woburn
Main cross streets
Fortune Gate / Janray Dr.
Zoning
RD*100
Directions
Fortune Gate / Janray Dr.

MLS® number
E12790780
Data source
Toronto Regional Real Estate Board
Status change
2026-02-23
Listed on
2026-02-15
Days on market
8 days
Possession type
Flexible
Co-op commission
2.5% - $250 Admin Fee + HST
Seller
Listed by
RE/MAX NOBLECORP REAL ESTATE

Home Market Value

Current home valuation for 16 Fortune Gate, Scarborough, Woburn, Scarborough, ON. Listed for $925,000

HOMEH Estimate

?

$749,000

Estimated Sales Range

?

$591,710 - $906,290

HOMEH Estimate for 16 Fortune Gate, Scarborough, Woburn

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$749,000Medium confidence
Based on 7 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Scarborough, ON
Minimum Down Payment Required:7.3%

5% on first $500K + 10% on $425,000 over $500K

Minimum down payment

$67,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$34,299$25,808$22,015$0
=Total mortgage
$891,774$858,308$808,265$740,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,354monthly$4,191monthly$3,946monthly$3,613monthly
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Land Transfer Tax

Provincial

$14,975

Municipal (Toronto)

$14,975

Total Land Transfer Tax

$29,950

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