Renovated 4-bed house with income unit near Humber River Trail

Property details for 671 Scarlett Road, Toronto

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 30 x 116.5 FT
Stories: 1.5
Basement: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A
Parking: Garage
Heating: Heat Pump, Electric, Natural gas
Cooling: Wall unit
Exterior: Brick
Ownership: Freehold
Annual Taxes: $4,542

This is a 4-bed, 2-bath freehold house on a 30 x 116.5 ft lot in Humber Heights. The main floor got a full reno in 2013, so you're getting a modern kitchen with quartz counters and stainless steel appliances, plus hardwood floors and pot lights throughout. You'll find a living room, dining room, and kitchen up top, with three bedrooms on the second level. It's 1.5 storeys, with a brick exterior and a fenced yard. There's a garage and parking for two cars. But the real standout is the basement. It's a finished bachelor apartment that has its own separate entrance and a walkout. The suite has bamboo floors, a kitchen with stainless steel appliances, and a Murphy bed. That means you can rent it out to offset your mortgage, or use it for family. The property is already set up for that, with a full bath down there and a bedroom. Location-wise, you're close to schools like Scarlett Heights Entrepreneurial Academy (1.1 km) and Weston Collegiate (1.3 km), plus Humber River Regional Hospital (1.8 km). Public transit and the Humber River Trail are steps away, so you can bike or walk into the city. Priced at $999,000, which is around the median for the area. Recent sales nearby went for about $1.04M, so it's reasonably positioned. With 14 active listings and 4 sold in the last 30 days, the market is moving. If you're looking for a place with rental income potential that's move-in ready, this is worth a look.

About 671 Scarlett Road, Toronto — Property Score

Strong Investment Hot Market Well Priced

Score: 68/100

Value

Priced 33.2% below area median of $1,495,000 based on 890 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

3,495 sqft lot - a compact lot for the area 55

Location

$46K median household income - below the Canadian average of $70K 53

75% of residents hold postsecondary credentials - a highly educated neighbourhood 84

36% homeownership rate - a renter-majority neighbourhood 55

36% of residents commute under 30 minutes - longer average commute times 59

2,051/km² population density - a well-balanced suburban area 91

Market

Just listed - area average is 46 days on market 100

+14984.7% median price change over 1 month - rising prices in the area 100

33 months of housing supply - 3070 active listings with 93 sold last month (buyer's market) 40

Features

2-car garage - area average is 4.2 spots 80

Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A basement - adds valuable living space 85

Natural gas 60

None 30

No premium extras like pool, waterfront, or view 50

Investment

0.45% effective tax rate ($4,542/yr) - very low tax burden 87

64% renter population - strong rental demand in this area 100

Quality

Condition

Listing

50 photos provided - 39% more than the area average of 36 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.