MLS® listing
40 Holmcrest Trail: detached house for sale
$1,350,000
From the listing brokerage
Tucked away on a prestigious, tree-lined street backing onto a pristine ravine, this multi-generational paradise offers an in-ground pool, nature at your doorstep, and true cottage-country tranquility-right in the city! Loved and meticulously maintained by the same owners for over 40 years, this deceptively spacious 5-level backsplit sits on a private, sun-drenched pie-shaped lot. Inside, enjoy 4 bedrooms and 3 upgraded bathrooms, including a primary suite overlooking the backyard and forest with its own private ensuite. The ground floor features formal living and dining rooms, a large eat-in kitchen with a garden window, a cozy family room with a wood fireplace, and a flexible 4th bedroom next to an updated 3-piece bath-perfect for guests, extended family, or a home office. Further down, the lower level offers direct walk-up access to the yard, bright above-grade windows, a cold cellar, and massive storage. The lowest level includes a dedicated workshop with 3 large above-grade windows. Step outside into your private backyard oasis backing onto the ravine stretching toward Lake Ontario. Host summer gatherings around the in-ground pool, stone patio, and perennial gardens. A fully fenced side lawn keeps kids and pets safe, with direct side-door access right next to the laundry room and ground-floor bath. On the opposite side, a dedicated parking pad with a double-gate entry gives you secure, out-of-sight space for your boat, trailer, or other toys! Located in Centennial/West Rouge-Toronto's only high-rise-free neighbourhood, surrounded by water on 3 sides-you're supported by the active CCRA (local community association), keeping residents connected and informed for over 75 years! Steps to Lake Ontario, top-rated schools, nature trails, U of T Scarborough, Rouge Hill GO, Kingston Rd, and Hwy 401.
Facts on the listing
| Square feet | 2000-2500 |
|---|---|
| Style | Backsplit 5 |
| Basement | Finished, Walk-Up |
| Lot width | 60 |
| Lot depth | 144 |
| Lot measured in | Feet |
| Faces | South |
| Parking spaces | 4 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $6,200 |
| Tax year | 2026 |
| Parking | Private Double |
| Interior features | Auto Garage Door Remote, In-Law Capability, Workbench, Central Vacuum |
| Features | Fenced Yard, Greenbelt/Conservation, Lake/Pond, Rec./Commun.Centre, Public Transit, Ravine |
| View | Trees/Woods, Forest, Creek/Stream |
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS® E13597790.
About this detached house
40 Holmcrest Trail is a 4 bedroom detached house in TRREB's Centennial Scarborough community in Toronto, listed for sale at $1,350,000. The listing shows 3 bathrooms and 2000-2500 square feet. The style is given as backsplit 5. The lot is listed as 60 by 144 feet. The listing gives the basement as finished, walk-up. It comes with 4 parking spaces and an attached garage according to the listing. The nearest main intersection given is Cherryhill & Lawrence.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 40 Holmcrest Trail
At the asking price of $1,350,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,350,000 |
|---|---|
| Ontario land transfer tax | $23,475 |
| Toronto municipal land transfer tax | $23,475 |
| Both taxes | $46,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $110,000 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $6,200 a year, about $517 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,350,000, which is $180,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 60 by 144 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 40 Holmcrest Trail
How much is land transfer tax on 40 Holmcrest Trail?
At the asking price of $1,350,000 the Ontario tax is $23,475 and the Toronto tax is $23,475, $46,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 40 Holmcrest Trail?
$110,000 at the asking price of $1,350,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 40 Holmcrest Trail?
The listing shows $6,200 a year for 2026, about $517 a month.
Is 40 Holmcrest Trail priced above or below the median?
It is listed at $1,350,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $180,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 40 Holmcrest Trail?
Use the form on this page or call us. Quote MLS® E13597790. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 40 Holmcrest Trail still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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