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7 days on Market

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 Market7 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. 103 ft WIDE x 49 ft 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.


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 ®NumberE12070909
Community NameMalvern
Data SourceTRREB
Listing byHOMELIFE ELITE SERVICES REALTY INC.

Features

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

Main Floor

Living

2.52 x 3.69

Bay Window / Pot Lights / hardwood floor

Dining

1.86 x 3.7

Combined W/Living / Pot Lights / hardwood floor

Kitchen

4.06 x 3.03

Pot Lights / Quartz Counter / Pot Lights

4th Br

2.41 x 3.04


Features

Lot size: 5,112 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 3

Total parking spaces 5


Property History

Apr 9, 2025
ListedActive
$1,098,000
7 days 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

10 days

Compared to

2024

39 days

2023

9 days

2022

8 days

New Listings

Past 30 days

19 listings

Compared to

2024

11 listings

2023

7 listings

2022

27 listings

Units sold

Past 30 days

3 units

Compared to

2024

2 units

2023

6 units

2022

16 units

Median Sold Price

Past 30 days

$890,000

Compared to

2024

$990,000

2023

$1,057,500

2022

$1,202,500


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