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Home with brick exterior material, street for 58 Griffen Dr, Toronto Ontario M1B 1A3
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Re-listed 1 day ago

58 Griffen Dr, Toronto, Ontario M1B 1A3

Detached
4 + 1
3
~1100-1500 sqft
$1,098,000
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Detached
4 + 1
3
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$865/sqft

Est. Mortgage$4,715/mo

Tax Amount (2025)$3,412/yr

Days On Market1 day

Total Days On Market30 days


Description

Welcome to 58 Griffen, a Spacious Corner Lot & Ideal property for Multi-Generational Living! Discover potential of this extra-wide corner lot ***approx. 110 ft WIDEx 34ft deep x62ft deep irregular lot)*** This home is designed for large, multi-generational families, featuring THREE KITCHENS on 3 floors to accommodate independent living under one roof. Don't MISS THIS OPPORTUNITY to secure such a rare, move-in ready property. The property has been lovingly updated with new Quartz counters, undermount lighting and potlights in the main floor kitchen, potlights in the living/dining and fresh paint throughout the house, new vanities in two of the washrooms, and new vinyl laminate flooring in the basement as well as brand new kitchen cabinets in the basement kitchen. The separate side entrance leads to a finished basement with in-law suite, making it easy for parents, grandparents, or extended family to have their own private space and be independent, yet remain close to their loved ones. The main floor is perfect for parents, while the upper level offers a comfortable retreat for the younger generation with their own private units. Imagine how much money you will save with this convenient set-up. With such a WIDE LOT, this property offers a fantastic opportunity to add a LANEWAY HOUSE OR GARDEN SUITE or even explore FUTURE DEVELOPMENT POSSIBILITES to generate extra income. This property features a rare, large detached two-car garage, which can be used for extra storage or even as a studio or workshop space. Live in the heart of Scarborough in this extremely convenient and central location, just steps to Sheppard Ave, and Neilson Rd., easy access to Hwy 401, 10 min to University of Toronto Scarborough campus where the new Medical School is being built, 10 min to Centenary Hospital and Centennial College, the Toronto Zoo, & also steps from the RT to the new Sheppard Ave./McCowan Road Metrolinx extension coming soon for easy connectivity to the downtown transit systems.


Upcoming Open House

May 11Sun2:00 PM - 4:00 PM

Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1100-1500 SqFt
Lot Size5,112 SqFt(103.96 x 49.18)
Parking Spaces5
MLS ®NumberE12131700
Community NameMalvern
Data SourceTRREB
Listing byHOMELIFE ELITE SERVICES REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Apartment

2nd Floor

Kitchen

3.53 x 2.32

Combined W/Laundry

3rd Br

2.36 x 3.56

Hardwood Floor

2nd Br

3.05 x 3.19

Hardwood Floor

Primary

3.43 x 3.19

Hardwood Floor


Features

Lot size: 5,112 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property History

May 7, 2025
ListedActive
$1,098,000
1 day on market
history photo preview49
Listing by trreb®
Property listed by HOMELIFE ELITE SERVICES REALTY INC., Brokerage

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Market Data - Malvern

Geo Zone Map ThumbnailMalvern

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

9 days

Compared to

2024

7 days

2023

12 days

2022

15 days

New Listings

Past 30 days

12 listings

Compared to

2024

14 listings

2023

10 listings

2022

12 listings

Units sold

Past 30 days

1 unit

Compared to

2024

8 units

2023

4 units

2022

6 units

Median Sold Price

Past 30 days

$875,000

Compared to

2024

$947,500

2023

$1,131,000

2022

$1,017,500


Population and Demographics

Overview

Total population 36648
Average household income $104,061

Age (%)

20 to 34
23%
0 to 19
22%
50 to 64
20%
35 to 49
18%
65 and plus
17%

Household composition (%)

Single family
71%
Single person
21%
Multi person
6%
Multi family
2%

Mother tongue (%)

English
52%
Tamil
12%
Tagalog (Pilipino, Filipino)
7%
Urdu
5%
Yue (Cantonese)
4%
Gujarati
3%
Mandarin
2%
Punjabi (Panjabi)
2%
Bengali
2%
Others
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget