53 Gaiety Drive
Toronto E09, ON
- 6 bed
- 4 bath
- approx. 1500-2000 sqft
- Detached
MUST SEE! Stunning 50-foot lot wonderful bungalow featuring 3 spacious bedrooms in main floor and 4 bathrooms. This property has been completely renovated with modern bathrooms, new windows, a contemporary kitchen, new flooring, a new roof, a furnace, and a gas water tank. Parking for 3 vehicles is included. Prime Location: Nestled in a quiet residential neighborhood near Lawrence and McCowan, just steps from Scarborough General Hospital. The upcoming Lawrence and McCowan subway station is only a 5-minute walk away, offering a convenient 30-minute commute to downtown Toronto. Scarborough Town Center is within a 5-minute drive. Income Potential. The property features two separate entrances and a 2 fully self-contained basement apartments, with potential dual-family rental arrangements at $3,500 per month. Don't miss this
Listing Details
- Taxes (2026)
- $4,166
- Originally Listed
- $999,900
- Listed
- July 8, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Concrete, Brick
- Interior
- Upgraded Insulation, Separate Heating Controls, In-Law Suite
- Lot Size
- 50 x 100 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 1
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Lawrence and McCowan
- Parcel Number
- 063650077
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- Blinds ,Appliances (Washer, Dryer, Refrigerators, Stoves, Dish Washer)
- Rental Items
- Hot water tank
Schools
Elementary
- St Rose of Lima Catholic School0.3 km
Catholic · Toronto CDSB · 400 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Bendale Junior Public School0.9 km
Public · Toronto DSB · 370 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 52% met the provincial standard
- Tredway Woodsworth Public School0.9 km
Public · Toronto DSB · 590 students
Grade 3 reading: 55% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- Cedarbrae Collegiate Institute0.9 km
Public · Toronto DSB · 1170 students
Grade 10 literacy: 72% met the provincial standard
- David and Mary Thomson Collegiate Institute1.8 km
Public · Toronto DSB · 1225 students
Grade 10 literacy: 72% met the provincial standard
- ÉSC Père-Philippe-Lamarche2 km
French Catholic · CS catholique MonAvenir · 280 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M1H
- Population
- 23,964
- Private dwellings
- 9,021
- Median age
- 38.4
- Average household size
- 2.7
- Median household income
- $80,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto E09 · last 12 months
- Median sold price
- $750,000
- Homes sold
- 629
- Median days on market
- 22
- Sale-to-list price
- 98.4%
Based on 629 recorded sales of residential freehold properties in Toronto E09 over the last 12 months.
Rooms
4-piece on Main, 2-piece on Main, 4-piece on Basement, 4-piece on Basement
Main
- Bathroom
- Bathroom16'5" x 13'1"
- Bedroom49'3" x 59'1"
- Bedroom 232'10" x 32'10"
- Bedroom 332'10" x 45'11"
- Dining Room26'3" x 29'6"
- Kitchen32'10" x 26'3"
- Laundry13'1" x 13'1"
- Living Room62'4" x 52'6"
Basement
- Bathroom
- Bathroom
- Bedroom
- Bedroom
- Bedroom 232'10" x 39'4"
- Kitchen32'10" x 16'5"
- Kitchen23' x 23'
- Laundry32'10" x 16'5"
- Living Room
- Living Room16'5" x 19'8"
Listed by
RIGHT AT HOME REALTY
Walk Score
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Location
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Mortgage Calculator
$199,800
Estimated Monthly Payment
$4,908
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,908/mo (20% down, 5.5%)
Taxes: $347/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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