Was listed for:Terminated Aug 19, 2025
$1,299,990

24 Gracemount Crescent

Scarborough (Woburn), ON M1G 1K3

Detached House TerminatedNot available

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 24 Gracemount Crescent, Scarborough, Woburn

2025-05-15
2025-08-19
Terminated
Price
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MLS#
e12152678
2025-04-15
2025-05-15
Terminated
Price
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2025-01-14
2025-02-19
Suspended
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 24 Gracemount Crescent, Scarborough, Woburn

**LEGAL BASEMENT** Welcome to this beautifully maintained detached bungalow in the highly desirable Woburn community with an INCOME PRODUCING BASEMENT perfectly situated on a large lot surrounded by mature trees and natural light. This home features an open-concept main floor with hardwood flooring throughout, a spacious living and dining area, a modern kitchen with granite countertops and a centre island, three well-sized bedrooms, and a full bathroom with main-floor laundry. The fully finished INCOME GENERATING basement with a separate side entrance offers excellent income potential or space for extended family, complete with a second kitchen, three additional bedrooms, two bathrooms, and a generous family/rec room. Additional highlights include an insulated two-car garage, interlocking walkway, fenced yard, and updated systems in full compliance with city building codes. Roof and windows updated approx 10 years ago. Basement currenltly tenanted for approx $2400/month - can stay or leave with 2 months notice. Ideally located close to public transit, schools, UofT Scarborough, Centennial College, parks, shopping, and more. This is a fantastic opportunity for families or investors alike.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,957
Land Transfer Tax Fee
$44,950

Rental Items

Rental Equipment
HWT

Basement Type
Finished with Walk-Out

Interior Features

Interior Extras
Water Heater
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
Unknown
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
120.00 ft
Lot Size
6000

Inclusions

Inclusions
Main floor fridge s/steel fridge, gas stove, b/in dishwasher, bsmt s/steel fridge & stove, washer & dryer, furnace, AC (furniture negoiable)

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
2
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 + 3
Washrooms
4
Kitchens
1

Washrooms

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

Municipality
Scarborough
Neighbourhood
Woburn
Main cross streets
Lawrence Ave E/Markham Rd
Directions
Scarborough Golf Club Rd /Marcella St

MLS® number
E12152678
Data source
Toronto Regional Real Estate Board
Status change
2025-08-19
Listed on
2025-05-15
Days on market
96 days
Possession type
Flexible
Co-op commission
2.5%+HST
Seller
Listed by
IPRO REALTY LTD.

Home Market Value

Current home valuation for 24 Gracemount Crescent, Scarborough, Woburn, Scarborough, ON. Listed for $1,299,990

HOMEH Estimate

?

$1,086,000

Estimated Sales Range

?

$857,940 - $1,314,060

HOMEH Estimate for 24 Gracemount Crescent, Scarborough, Woburn

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

$1,086,000Medium confidence
Based on 5 comparable properties
+ $213,990 (20%) above our estimate
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:8.1%

5% on first $500K + 10% on $799,990 over $500K

Minimum down payment

$104,999

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,788$36,270$30,940$0
=Total mortgage
$1,242,479$1,206,261$1,135,931$1,039,992
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,066monthly$5,890monthly$5,546monthly$5,078monthly
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Land Transfer Tax

Provincial

$22,475

Municipal (Toronto)

$22,475

Total Land Transfer Tax

$44,950

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