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56 GATESVIEW AVENUE, Toronto (Scarborough Village) — listed at $1,195,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome To A Truly Rare Opportunity! Nestled In A Quiet Neighborhood, This Spacious And Well-Maintained 5+2 Bedroom, 4 Bathroom Family Home Offers Approximately 3,414 Sq. Ft. Of Finished Living Space. Situated In A Highly Sought-After Pocket Just A Short Stroll From The Prestigious Scarborough Golf And Country Club, This Home Sits On An Impressive 71 X 200 Ft Premium Lot Where The Possibilities Are Endless. The Inviting Layout Effortlessly Blends Everyday Comfort With Functional Living, Highlighted By A Walk-Out Basement And A Separate Entrance Offering Immense Income Potential. This Home Is Ideal For Multi-Family Living, Growing Households, Or Investors Exploring Future Development. Step Outside To Your Sprawling, Ultra-Private Backyard Oasis Where Relaxation Meets Majestic Views. This Rarely Offered Gem Just Minutes To All Amenities, Including Transit, Shopping, Parks, Schools, And The Beautiful Shores Of Lake Ontario. Don't Miss The Chance To Own This Beautiful Home. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.25 x 4.15 meters |
| Kitchen | Basement | 7.85 x 6.65 meters |
| Dining room | Main level | 3.45 x 3 meters |
| Kitchen | Main level | 5.2 x 3 meters |
| Bedroom | Lower level | 7.85 x 3.45 meters |
| Bedroom | Lower level | 3.25 x 3 meters |
| Primary Bedroom | Upper Level | 4.4 x 3.7 meters |
| Bedroom | Upper Level | 4.05 x 2.9 meters |
| Bedroom | Upper Level | 3.05 x 3 meters |
| Recreational, Games room | Lower level | 5.3 x 4.05 meters |
| Laundry room | Lower level | 4.85 x 3 meters |
Is 56 GATESVIEW AVENUE a good fit for a growing family?+
With 7 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 8 spaces — Attached Garage, Garage.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Scarborough Village) before counting on it.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,690, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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