385 Centennial Road, Toronto, ON

$350,000
MLS#:E12213162
0 beds
0 baths
Residential Freehold
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Added:Jun 11, 2025(444 days ago)
Updated:Jul 8, 2026(52 days ago)
Last Checked:25 minutes ago

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of Centennial Scarborough. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $350,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 128 x 250 ft lot size
  • Notable attributes: None

Description

The Property is centrally located within Scarborough's Port Union area which is primarily an established residential neighbourhood. The Site is adjacent to Highway 2A and Highway 401, which are both a 3-minute drive or 2km. There are numerous amenities in the immediate vicinity, including Sir Oliver Mowat Collegiate Institute (3-min drive), Lake Ontario (5-min drive), the Rouge Valley National Urban Park (5-min drive), University of Toronto Scarborough Campus (6-minute drive), Scarborough Town Centre (10-min drive) and the Toronto Zoo (8-min drive). Additionally there are countless restaurants, grocery stores, banks and schools. Rouge Hill GO Train Station is a 5-minute drive from the Site and offers 2-way service between Toronto's Union Station and Oshawa Station along the Lakeshore East GO Line.

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Property Summary

This vacant land located at 385 Centennial Road, Toronto is currently for sale and has been available on SousaSells for 444 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 385 Centennial Road, Toronto is in the Centennial Scarborough neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Centennial Scarborough, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Vacant Land architecture in Centennial Scarborough, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJun 11, 2025 (444 days ago)
UpdatedJul 8, 2026 (52 days ago)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size128 × 250 Feet
CountyToronto
Annual Tax$0.01
Legal DescriptionPT LT 2, CON 1 ; PT 1, PL 66R21887 ; SCARBOROUGH CITY OF TORONTO

Parking & Garage

Heating & Cooling

Features

Property Features

  • Park
  • Waterfront

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 385 Centennial Road, Toronto, ON

Q.What is the asking price for 385 Centennial Road, Toronto, ON ?

The current listing price for 385 Centennial Road, Toronto, ON in Centennial Scarborough, Toronto is $350,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 385 Centennial Road, Toronto, ON ?

385 Centennial Road, Toronto, ON is a Vacant Land () featuring a basement.

Q.What key property features does 385 Centennial Road, Toronto, ON offer?

Key property features include: Park, Waterfront.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

Virtual Tour & 3D Walkthrough

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Location

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385 Centennial Road, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Centennial Scarborough, Toronto

SAFETY RATING9.6 / 10
Low Incident Area
Total Annual Incidents145 incidents / yr
Average Per Month12.1 incidents / mo
Population Benchmark14,695 residents
Personal Safety
Low

50 assaults (338.0/100k)

Property Security
Moderate

19 B&E (128.4/100k)

Auto Theft Risk
Elevated

29 thefts (196.0/100k)

1-Year Trend
â–² +3.6%

Stable vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 385 Centennial Road, Toronto, ON M1C 2A4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$105,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,500.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $245,000 over 30 years.
Purchase Price$350,000
Loan Amount$245,000
Provincial Land Transfer Tax:$3,725
Toronto Municipal Land Transfer Tax:$3,725
Total Estimated Closing Taxes:$7,450

About Purchasing a Home in Toronto, ON

For a property listed at $350,000 in Toronto, the legal minimum down payment is $17,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,725 also applies, bringing the total estimated land transfer taxes to $7,450.

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Centennial Scarborough, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Centennial Scarborough, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,255,011

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Centennial Scarborough, Toronto

Elementary Schools

Saint-Michel
Public29 Meadowvale Road, Scarborough, Toronto, Ontario, M8Y 1R7
6.2
St Dominic Savio
Public50 Tideswell Boulevard, Scarborough, Toronto, Ontario, M1B 5X3
5.4
St Malachy
Public80 Bennett Road, Scarborough, Toronto, Ontario, M1E 3Y3
5.6
Cardinal Leger
Public600 Morrish Road, Scarborough, Toronto, Ontario, M1C 4Y1
6.7
St Jean de Brebeuf
Public101 Dean Park Road, Scarborough, Toronto, Ontario, M1B 2X2
7.7

Secondary Schools

Sir Oliver Mowat
Public5400 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1C 2C6
7.0
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

Centennial Scarborough, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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