Sold for:Sold Apr 17, 2026
$998,000

17 Madrid Street

Scarborough (Bendale), ON M1P 4L7

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 17 Madrid Street, Scarborough, Bendale

2026-04-02
2026-04-17
Sold
Price
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MLS#
e12949368

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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 17 Madrid Street, Scarborough, Bendale

Summarized Description

  • Well-kept bungalow with legal basement apartment.
  • Open concept layout with spacious kitchen.
  • Hardwood flooring and cozy fireplace throughout.
  • Finished basement with separate entrance.
  • Upgraded electrical panel and roof.
  • Quick access to major amenities and highways.
  • Ideal for families or rental income.

Don't miss this exceptional opportunity to own a well-kept bungalow with a legal two-bedroom basement apartment in the highly sought after Glen Andrew community of North Bendale. Situated on a quiet street with no houses behind, this home offers privacy and a functional open concept layout featuring a bright family room and a spacious modern kitchen. The main floor showcases hardwood flooring throughout, a convenient powder room and a full bathroom, three well sized bedrooms, and its own separate laundry for added convenience. One of the bedrooms features a walkout to the backyard through patio doors, creating easy outdoor access. The finished basement includes a separate entrance and a fully self-contained legal apartment. It features a large living and dining area with laminate flooring, oversized windows that bring in plenty of natural light, and a cozy fireplace that adds warmth and character. The primary bedroom includes its own ensuite bathroom, along with an additional bedroom, another full bathroom, and separate laundry. The layout offers ample space and comfort, ideal for extended family or rental income. This home is equipped with a 200-amp electrical panel and has been well maintained by the owner with numerous upgrades over the years, including furnace and air conditioner replaced in 2016, roof updated in 2019, and eavestrough replaced in 2022. The legal basement apartment was previously rented for $2500 plus utilities, making this an excellent income generating opportunity. Conveniently located with quick access to Scarborough General Hospital, Highway 401, Scarborough Town Centre, McCowan Subway Station, and a variety of nearby amenities, this property is perfect for families and investors alike.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,426
Land Transfer Tax Fee
$32,870

Rental Items

Rental Equipment
HWT ($118.13 every three months)

Basement Type
Separate Entrance, Finished, Apartment

Interior Features

Interior Extras
Carpet Free
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

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

Lot

Lot Front
44.00 ft
Lot Depth
110.00 ft

Inclusions

Inclusions
2 Refrigerator, 2 Stove, 2 dishwasher, 2 Washer & Dryer, All existing light fixtures.

Exclusions

Exclusions
Tenant belongings( Main floor)

Parking & Garages

Garage Type
Built-In
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
3 + 2
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Washrooms

  • 2-piece, Main
  • 3-piece, Main
  • 3-piece, Lower
  • 3-piece, Lower

Municipality
Scarborough
Neighbourhood
Bendale
Main cross streets
Brimley/Ellesmere
Directions
Brimley/Ellesmere

MLS® number
E12949368
Data source
Toronto Regional Real Estate Board
Status change
2026-04-17
Listed on
2026-04-02
Days on market
15 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
RE/MAX COMMUNITY REALTY INC.

Home Market Value

Current home valuation for 17 Madrid Street, Scarborough, Bendale, Scarborough, ON. Listed for $998,000

HOMEH Estimate

?

$977,000

Estimated Sales Range

?

$771,830 - $1,182,170

HOMEH Estimate for 17 Madrid Street, Scarborough, Bendale

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

$977,000Medium confidence
Based on 8 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

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Scarborough, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $498,000 over $500K

Minimum down payment

$74,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
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%
$
+CMHC insurance
$36,926$27,844$23,752$0
=Total mortgage
$960,076$926,044$872,052$798,400
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$4,688monthly$4,521monthly$4,258monthly$3,898monthly
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Land Transfer Tax

Provincial

$16,435

Municipal (Toronto)

$16,435

Total Land Transfer Tax

$32,870

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