50 Meldazy Drive

Welcome to the splendid house for sale in Scarborough , located at 50 Meldazy Drive, Scarborough. This remarkable detached bungalow is nestled on one of the most breathtaking ravine lots in the area, offering a unique combination of space, privacy, and income potential. With its generous dimensions and thoughtful design, this home is perfect for families or those looking for a property that can accommodate multi-generational living or provide rental income.

As you step inside this charming residence, you will immediately appreciate the bright and spacious layout. The house boasts three bedrooms and three additional rooms, including a den, providing ample space for relaxation and creativity. The main kitchen is well-appointed, and there is an additional kitchen that enhances the versatility of this home. With a total of three bathrooms, including one that has been updated, you will find that convenience is at the forefront of this property.

The inviting open-concept design is complemented by quality laminate flooring throughout, creating a warm and welcoming atmosphere. The main-floor windows were replaced in 2024 and are adorned with custom California shutters, which not only add a touch of elegance but also ensure privacy and energy efficiency. This house for sale in Scarborough truly embodies comfort and style.

One of the standout features of this property is the finished full basement, which offers two distinct apartment spaces, each with separate entrances. This setup is ideal for extended family living or as a source of rental income. The basement includes a second kitchen, which was updated in 2021, and an additional bathroom, making it a self-sufficient living space.

For those who enjoy outdoor living, the house for sale in Scarborough is set on a beautifully landscaped, pie-shaped lot measuring 48 x 142 feet. With no rear neighbours, the home backs directly onto a serene ravine, surrounded by mature trees and nature. This tranquil setting provides a perfect backdrop for relaxation or outdoor activities. The property also features a private driveway that accommodates up to three cars, along with a carport for added convenience.

Additional highlights of this delightful home include an owned hot water tank, upgraded attic insulation (completed in 2024), and a robust 200-amp electrical service. The presence of a greenhouse beside the carport and a backyard shed further enhances the appeal of this property, providing additional storage and gardening opportunities.

While the house does not have a pool or a central vacuum system, it compensates with its other features, including central air conditioning to keep you comfortable throughout the warmer months. The lack of a family room is more than made up for by the versatility of the additional rooms and the spacious layout.

In summary, 50 Meldazy Drive, Scarborough, is not just a house; it is a home that offers an exceptional opportunity to own a property that combines space, income potential, and unmatched privacy in a prime location. This house for sale in Scarborough is perfect for anyone looking to invest in a property that meets their needs while providing a peaceful retreat from the hustle and bustle of city life. Don’t miss out on this rare gem; it truly is a remarkable find!

Bendale, nestled within the vibrant city of Scarborough in Toronto, is a diverse and welcoming neighbourhood characterised by its blend of residential areas, parks, and local amenities. The community is primarily residential, featuring a mix of single-family homes, townhouses, and apartment buildings, making it an appealing choice for families, young professionals, and retirees alike. With convenient access to public transport, including the nearby Scarborough Centre, residents enjoy easy connectivity to the rest of the city. The area boasts several green spaces, such as the expansive Bendale Park, perfect for outdoor activities and leisurely strolls. Additionally, the local shopping centres and schools contribute to the neighbourhood's family-friendly atmosphere, making Bendale a delightful place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of 0.6 km, you will find Bendale Junior Public School, which caters to students from Junior Kindergarten to Grade 6 and has a school rating of 6.9. St Andrews Public School, also just 0.6 km away, offers education from JK to Grade 8 and boasts a higher rating of 8. For secondary education, David and Mary Thomson Collegiate Institute is located 1.1 km away, although it currently has a school rating of 0. Additionally, Tredway Woodsworth Public School, 1.4 km from the property, provides a French language curriculum for grades JK to 8 with a rating of 5.5. The area also features St. Rose of Lima Catholic School, 1.0 km away, which serves grades JK to 8 and has a rating of 5.2, along with St. Joan of Arc Catholic Academy, 2.6 km away, for high school students with a rating of 4. Overall, the proximity to various public and Catholic schools, along with their diverse language offerings, enhances the appeal of this property for potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 604 residents, with an average household size of 2.9. The demographic profile reveals an average age of 44.1 years, indicating a mature community. The average household income stands at a substantial $116,000, with only 6% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $980,000. The community is diverse, with 49.18% of residents being immigrants, and a significant portion, 45.45%, living in households with children. Social dynamics show that 46.23% of the population is single, while renters make up 14.63% of households, and there are no condominiums in the area. Education levels are high, with 57.94% of residents holding a college or university degree. However, it is notable that 42.99% of the population is not in the labor force, which may reflect various lifestyle choices or demographic trends. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for families and professionals alike.