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New3 hours ago

16 Scarboro Street

Malton, Mississauga

$835,000

Detached|2-Storey
3 | 4 | 4
About this home

Step into a piece of Malton Village history at 16 Scarboro Street, a designated heritage home filled with character, charm and exceptional potential. Known historically as the Tomlinson/Johnston House, this distinctive property blends the warmth and craftsmanship of its original design with a substantial 1984 addition, creating a home that offers far more space and flexibility than its charming exterior might suggest.From the beautiful century brick and decorative gingerbread detailing to the impressive nine-foot ceilings in the original principal rooms, this is a home with personality. The spacious kitchen features quartz countertops, a large island and work surface, porcelain flooring, stainless steel appliances including a wall oven and cooktop, and a bright bow window overlooking the rear garden. Walk out directly to the deck and enjoy an easy connection to the backyard.The main level also features a full bathroom with a whirlpool tub, while the home's flexible layout offers a variety of options for extended or multi-generational living.Upstairs, a separate entrance, additional kitchen and two bathrooms, including one 2-piece bathroom, provide excellent potential for an in-law suite or private family living space.The lower level adds even more versatility, featuring a walkout recreation room, kitchen and direct access to the yard. With its separate lower-level feel and existing amenities, this space could be reimagined as a studio-style living area, in-law space, guest retreat, home office or entertainment zone.With generous living space, multiple kitchens, separate access points and a walkout lower level, this is a truly unique home ready for its next chapter. A little updating will allow you to add your own personal touch while preserving the character and charm that make this property so special.A rare opportunity to own a piece of Malton's history while creating a home that works beautifully for today's lifestyle.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,162
Lot Size54.36 ft x 112.66 ft
mls© NumberW13778772
Listed ByRE/MAX HALLMARK YORK GROUP REALTY LTD.

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%
$4,274
Property tax
$514
Heat allowance
$150
Housing costs
$4,937 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $167,000
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,514 / mo
Cash down
$167,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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