$ 998,000
17 Madrid Street
University Supermarket Costco Subway

17 Madrid Street

Detached
Toronto, Ontario M1P 4L7
3+2 4 1+1 1+3(4) 1100-1500 sqft
3+2 4 1+1 1+3(4)
1100-1500 sqft
$ 998,000
Sale
Taxes $4,426 2025
Maintenance None
Estimated Monthly Mortgage $2590
Estimated Closing Costs $--
University Supermarket Costco Subway

History

MLS®# E12949368

MLS®# E12949368

2026.04.02 New $998,000

Other Records

2024.07.12 - 2024.09.06 Leased $2,500
2014.04.05 - 2014.04.11 Sold $535,000

OPEN HOUSE

04-11 / Saturday 02:00 PM - 04:00 PM
04-12 / Sunday 02:00 PM - 04:00 PM

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
Bungalow
Size (sqft)
1100-1500
Lot Size
44 × 110 Feet
Parking
4 Total Parking Spaces
1 Built-In Garage
3 Parking Spaces
Last Update
2026-04-07
Possession Date
Flexible
Listing Date
2026-04-02
Basement
Separate Entrance, Finished, Apartment
Fireplace
Y
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
RE/MAX COMMUNITY REALTY INC.

About

Don't miss this exceptional opportunity to own a well-kept bungalow with a legal two-bedroom basement apartment in the highly sought after Glen Andrew community of North Bendale. Situated on a quiet street with no houses behind, this home offers privacy and a functional open concept layout featuring a bright family room and a spacious modern kitchen. The main floor showcases hardwood flooring throughout, a convenient powder room and a full bathroom, three well sized bedrooms, and its own separate laundry for added convenience. One of the bedrooms features a walkout to the backyard through patio doors, creating easy outdoor access. The finished basement includes a separate entrance and a fully self-contained legal apartment. It features a large living and dining area with laminate flooring, oversized windows that bring in plenty of natural light, and a cozy fireplace that adds warmth and character. The primary bedroom includes its own ensuite bathroom, along with an additional bedroom, another full bathroom, and separate laundry. The layout offers ample space and comfort, ideal for extended family or rental income. This home is equipped with a 200-amp electrical panel and has been well maintained by the owner with numerous upgrades over the years, including furnace and air conditioner replaced in 2016, roof updated in 2019, and eavestrough replaced in 2022. The legal basement apartment was previously rented for $2500 plus utilities, making this an excellent income generating opportunity. Conveniently located with quick access to Scarborough General Hospital, Highway 401, Scarborough Town Centre, McCowan Subway Station, and a variety of nearby amenities, this property is perfect for families and investors alike. 2 Refrigerator, 2 Stove, 2 dishwasher, 2 Washer & Dryer, All existing light fixtures.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $4,426 2025 year
Community:Bendale
DetachedMarket Stat
Avg. Sold Price
$860,350.17
YoY -13.54 %
Avg. Rent
$2,131.25
YoY -15.44 %

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 392 / 3052 English
Fraser Rank(2018) 1426 / 3052 Catholic English
Fraser Rank(2018) 1850 / 3052 Catholic English
Fraser Rank(2018) 1567 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 178 / 747 Secondary French
Fraser Rank(2023) 620 / 747 Secondary English AP
Fraser Rank(2023) 582 / 747 Secondary Catholic English
Fraser Rank(2023) 390 / 747 Secondary Catholic French
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Centennial College - Community Employment Services 1.2 km
1163 Ellesmere Road (at Midland), Scarborough, ON M1P 2X6
(416)289-5258

Neighbourhood

Subway Groceries
Scarborough Centre line: Line 3:Scarborough 730 m
McCowan line: Line 3:Scarborough 825 m
Top Food Supermarket 1.8 km
2715 Lawrence Ave E, Scarborough, ON M1P 2S2
Foody World 2 km
8 William Kitchen RdScarborough, ON M1P 5B7
Shengthai Fresh Foods 2.3 km
1255 Markham Rd, Scarbrough, ON, M1H 2Z5
Jian Hing Foodmart 2.4 km
678 Markham Rd, Scarborough, ON M1H 2A7
Farm Fresh Supermarket 2.5 km
4466 Sheppard Ave. E., Scarborough, ON M1S 2V7
Skyland supermarket 3.1 km
3715 Lawrence Ave. East, Scarborough, ON, M1G 1P7
Bestco Food Mart 3.4 km
175 Commander Blvd, Scarborough, ON M1S 3M7
Costco Scarborough 3.5 km
1411 WARDEN AVESCARBOROUGH, ON M1R 2S3
Food Depot Supermarket 4.4 km
3331 Sheppard Ave E, Scarborough, ON M1T 1V6
Costco Scarborough Business Centre 4.7 km
50 THERMOS RDSCARBOROUGH, ON M1L 0E6
Al Premium 4.8 km
1970 Eglinton Ave. East, Scarborough ON. M1L 2M6
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