126 Portsdown Road

Welcome to this fantastic house for sale in Scarborough , located at 126 Portsdown Road, Scarborough. This newly and legally renovated bungalow is not just a home; it’s a brilliant investment opportunity with strong income potential. Nestled in the desirable Dorset Park community, this detached house boasts a spacious and open-concept layout that is perfect for modern living.

As you step inside this charming abode, you’ll immediately appreciate the thoughtfully designed main floor. The heart of the home features a contemporary kitchen equipped with sleek quartz countertops and a central island, making it an ideal space for cooking and entertaining. The living and dining areas are generous in size, offering plenty of room for family gatherings or quiet evenings in. A convenient powder room is also located on this level, adding to the practicality of the space.

The main floor of this house for sale in Scarborough includes three well-sized bedrooms, each fitted with closets and stylish pot lights, ensuring a bright and welcoming atmosphere. You’ll also find two spacious walk-in closets that provide ample storage, as well as a brand-new electrical panel for peace of mind. The 4-piece washroom is modern and functional, catering to the needs of a busy household. Additionally, there’s a separate laundry area on the main floor, making chores a breeze.

One of the standout features of this property is the finished legal basement, which comes with its own separate entrance. This space is perfect for generating rental income or accommodating extended family members. With an estimated rental income of approximately £2,500 per month, it’s an excellent opportunity for savvy investors. The basement includes a full kitchen, also with quartz countertops, three bedrooms, and two additional 4-piece washrooms, ensuring comfort and convenience for everyone.

At 126 Portsdown Road, Scarborough, you’ll find additional highlights that enhance the appeal of this house for sale in Scarborough. The property features 200-amp ESA-approved electrical service, thermal windows that help maintain a comfortable temperature year-round, and a brand-new stove in the kitchen. The interiors are bright and well-maintained, creating a welcoming environment throughout. You’ll also appreciate the brand-new tankless water heater and shingles that were replaced in 2023, ensuring that the home is in excellent condition.

Outside, the property boasts a double garage with remote control access, providing secure parking for your vehicles. The long driveway allows for parking up to five vehicles, making it ideal for larger families or guests. The spacious backyard offers a lovely outdoor space for relaxation or entertaining, perfect for summer barbecues or simply enjoying the fresh air.

This house for sale in Scarborough is conveniently located close to Highway 401, making commuting a breeze. You’ll find yourself just a stone’s throw away from downtown Scarborough, Kennedy Subway Station, and various TTC routes. The area is rich in amenities, including places of worship, schools, and shopping centres, ensuring that all your daily needs are met within easy reach.

In summary, if you’re looking for a versatile and well-appointed property, look no further than this house for sale in Scarborough. With its prime location at 126 Portsdown Road, Scarborough, and an array of features that cater to both comfortable living and investment potential, this home is truly a gem in the heart of Dorset Park. Don’t miss out on the opportunity to make this wonderful property your own!

Dorset Park, nestled in the vibrant borough of Scarborough, offers a diverse and welcoming environment for prospective residents. This suburban neighbourhood is characterised by its tree-lined streets, a mix of residential housing, and ample green spaces, making it ideal for families and individuals alike. With convenient access to public transport, shopping centres, and local amenities, Dorset Park provides a balanced lifestyle that combines the tranquillity of suburban living with the vibrancy of urban conveniences. The area is also home to several parks and recreational facilities, promoting an active lifestyle and community engagement. Overall, Dorset Park is a charming and accessible place to call home, with a strong sense of community spirit and a variety of cultural influences.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of academic needs. The closest school is Ellesmere-Statton Public School, just 0.7 km away, offering both English and French instruction for grades JK to 8, with a school rating of 5.9. Another nearby option is St. Lawrence Catholic School, located 1.0 km away, which provides English instruction for the same grade levels and boasts a slightly higher rating of 6.2. For secondary education, David and Mary Thomson Collegiate Institute is situated 1.7 km from the property, although it currently holds a rating of 0. Alternatively, Senator O'Connor College School, 2.8 km away, offers both English and French instruction for grades 9 to 12, with a commendable rating of 7.3. Additionally, Our Lady of Wisdom Catholic School, also 2.0 km away, offers French instruction for JK to 8 but has a rating of 0. Overall, the area presents a range of educational options, ensuring that families can find suitable schools for their children within a short distance.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 672 residents, with an average household size of 3.4 individuals. The demographic profile indicates a mature community, with an average age of 40.8 years. The average household income is a robust $116,000, reflecting a relatively affluent population, though 9.2% of residents fall under the low-income bracket. The housing market is characterized by an average property price of $880,000, suggesting a competitive real estate environment. Socially, the community is diverse, with 56.93% of residents being immigrants and 54.29% of households having children. The population is predominantly single, comprising 46.9% of residents, while 20% are renters, indicating a stable homeownership trend as there are no condominiums in the area. Educational attainment is noteworthy, with nearly half (49.57%) of the population holding a college or university degree. However, a significant portion, 41.03%, is not in the labor force, which may reflect various socio-economic factors. Overall, this community presents a blend of diversity, educational achievement, and a solid economic foundation, making it an appealing location for potential homeowners.