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Listed 2 months ago

40 Holmcrest Trail

Centennial Scarborough, Toronto

$1,350,000

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

Tucked away on a prestigious, tree-lined street backing onto a pristine ravine, this multi-generational paradise offers an in-ground pool, nature at your doorstep, and true cottage-country tranquility-right in the city! Loved and meticulously maintained by the same owners for over 40 years, this deceptively spacious 5-level backsplit sits on a private, sun-drenched pie-shaped lot. Inside, enjoy 4 bedrooms and 3 upgraded bathrooms, including a primary suite overlooking the backyard and forest with its own private ensuite. The ground floor features formal living and dining rooms, a large eat-in kitchen with a garden window, a cozy family room with a wood fireplace, and a flexible 4th bedroom next to an updated 3-piece bath-perfect for guests, extended family, or a home office. Further down, the lower level offers direct walk-up access to the yard, bright above-grade windows, a cold cellar, and massive storage. The lowest level includes a dedicated workshop with 3 large above-grade windows. Step outside into your private backyard oasis backing onto the ravine stretching toward Lake Ontario. Host summer gatherings around the in-ground pool, stone patio, and perennial gardens. A fully fenced side lawn keeps kids and pets safe, with direct side-door access right next to the laundry room and ground-floor bath. On the opposite side, a dedicated parking pad with a double-gate entry gives you secure, out-of-sight space for your boat, trailer, or other toys! Located in Centennial/West Rouge-Toronto's only high-rise-free neighbourhood, surrounded by water on 3 sides-you're supported by the active CCRA (local community association), keeping residents connected and informed for over 75 years! Steps to Lake Ontario, top-rated schools, nature trails, U of T Scarborough, Rouge Hill GO, Kingston Rd, and Hwy 401.

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agent
Macallum Tepsich
(647) 326-2579
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

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  • No recent lease history for this listing.

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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

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