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Listed 13 days ago

40 Holmcrest Trail

Centennial Scarborough, Toronto

$1,350,000

Detached|Backsplit 5
4 | 3 | 4
About this home

Homes on Holmcrest Trail rarely come up for sale. The current owners have loved and meticulously maintained this home for over 40 years, and it's easy to see why. Set on a prestigious, tree-lined street known for its exceptionally friendly and helpful neighbours, 40 Holmcrest Trail offers a peaceful, tranquil ravine setting with nature right at your doorstep. This deceptively spacious 5-level backsplit is built for real life and multi-generational living. Inside, you'll find 4 bedrooms and 3 upgraded bathrooms, including a primary bedroom complete with its own private ensuite. The main floor features a flexible 4th bedroom right next to one of the updated baths and a cozy family room-perfect for in-laws, long-term guests, or a quiet home office. Further down, the lower level offers a direct walk-up to the backyard, bright above-grade windows, a massive cold cellar, and endless storage options. The basement even includes a dedicated workshop area with three large windows-ideal for a handyman or hobbyist, or ready to convert into an extra bedroom or media space. Step outside into your private pie-shaped backyard oasis backing directly onto the ravine. Enjoy summer afternoons around the in-ground pool, surrounded by lush perennial gardens, a patio, and a grassy lawn. Plus, there's a fully fenced side yard for kids and pets, as well as dedicated side-yard parking with plenty of space for your boat, trailer, or camper! Located in the desirable Centennial/West Rouge neighbourhood, you're steps from Lake Ontario, top-rated schools, and scenic nature trails, including the Waterfront Trail. Enjoy easy access to local amenities like U of T Scarborough, the Pan-Am Centre, Toronto Zoo, shopping, and dining. Commuters will love the quick access to the GO Train, Highway 401, and Kingston Road.

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBacksplit 5
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,200
Lot Size60 ft x 144 ft
mls© NumberE13597790
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,910
Property tax
$517
Heat allowance
$150
Housing costs
$7,577 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $270,000
25-yr amortization

Income needed

$233,000

gross annual household income

Payment at 4%
$5,681 / mo
Cash down
$270,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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