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502 Scarborough Road

502 Scarborough Road

Toronto E02, ON

  • 2 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Detached
$1,394,000Price reduced 7%

Discover a truly unique 2-storey home offering over 3100.sg ft. of living space, plus a fully finished basement with full ceiling height. Do not be fooled by the 1 bedroom - this is a large home with a thoughtfully designed 2-storey addition, completed approximately 20 years ago! Transform this home into a bright, spacious and incredibly versatile property. Beautiful newly large front constructed porch! The open-concept main floor is filled with natural light and offers plenty of room to live, work and entertain. The home was designed with a future elevator configuration, adding exciting potential for accessibility and long-term flexibility.Upstairs, the generous layout offers the possibility of enclosing an existing space to create a second bedroom, allowing the home to evolve with your needs.Outside, enjoy a 33' x 106' lot, private driveway and parking for 2 - 3 cars - a rare luxury in the city.And the location? Just a 12-minute walk to Main GO Station, putting you only 13 minutes from Union Station by GO train. Easy access to transit, shops, parks and everything the east end has to offer. Unique. Spacious. Flexible. Connected. A home with possibilities. 4 Fireplaces- are "as-is". Perfect home for artists/ art enthusiasts- perfect home to hang large artwork throughout! Possibility to make second bedroom upstairs by enclosing area on 2nd floor.

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Listing Details

Taxes (2026)
$8,479
Originally Listed
$1,499,000
Listed
September 30, 2026

Price History

Property

Style
2-Storey
Construction
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Carpet Free
Lot Size
33 x 107 Feet

Parking

Garage
None
Covered Spaces
2
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Victoria Park Ave/ Gerrard St E
Parcel Number
210100826
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
2 fridges, 1 Stove, Dishwasher, Stacked Washer & Dryer, All Electrical Light Fixtures,

Schools

Elementary

  • Adam Beck Junior Public School0.3 km

    Public · Toronto DSB · 450 students

    Grade 3 reading: 91% met the provincial standard · Grade 6 math: 40% met the provincial standard

  • Blantyre Public School0.5 km

    Public · Toronto DSB · 340 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • St John Catholic School0.7 km

    Catholic · Toronto CDSB · 380 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 38% met the provincial standard

Secondary

  • Malvern Collegiate Institute0.4 km

    Public · Toronto DSB · 1140 students

    Grade 10 literacy: 96% met the provincial standard

  • Notre Dame Catholic High School0.6 km

    Catholic · Toronto CDSB · 510 students

    Grade 10 literacy: 97% met the provincial standard

  • Neil McNeil High School0.9 km

    Catholic · Toronto CDSB · 770 students

    Grade 10 literacy: 83% 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 M4E

Population
25,473
Private dwellings
11,581
Median age
42.8
Average household size
2.3
Median household income
$112,000

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 E02 · last 12 months

Median sold price
$1,212,750
Homes sold
522
Median days on market
10
Sale-to-list price
105.0%

Based on 522 recorded sales of residential freehold properties in Toronto E02 over the last 12 months.

Rooms

3-piece on Main, 3-piece on Second, 4-piece on Lower

Second

  • Bathroom9'8" x 7'
  • Primary Bedroom19'1" x 15'5"
  • Sitting17'7" x 11'5"

Main

  • Bathroom6'10" x 4'11"
  • Dining Room11'5" x 10'5"
  • Family Room26'6" x 13'8"
  • Kitchen10'8" x 9'11"
  • Living Room19'5" x 14'

Lower

  • Bathroom8'4" x 7'4"
  • Bedroom11'11" x 8'2"
  • Dining Room16'11" x 15'9"
  • Kitchen10'11" x 8'7"
  • Recreation26'6" x 13'6"

Listed by

Johnston & Daniel

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$278,800

Estimated Monthly Payment

$6,848

Land transfer tax

Estimated land transfer tax$24,355

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: $6,848/mo (20% down, 5.5%)

Taxes: $707/mo · Insurance: $349/mo

Estimates only. Consult a financial advisor.

R

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