MLS® listing
114 Elmcrest Road: detached house for sale
$1,199,999
From the listing brokerage
Beautiful Walk-Out Bungalow on a Spectacular 50 x 150 Ft Ravine Lot! Welcome to this spacious and inviting 3+1 bedroom walk-out bungalow, offering approximately 1,491 sq. ft. of living space on the main floor and an incredible private ravine setting. Perfectly suited for families, extended families, or those looking for additional living space and rental potential. The main floor features a bright and spacious layout with a large eat-in kitchen, ideal for everyday family meals, along with a separate dining room conveniently located across the hall, perfect for entertaining family and friends. The generously sized basement offers a walk-out to the private ravine, creating a seamless connection to nature and providing excellent potential for additional living space. The basement includes a comfortable family room with wet bar, an additional bedroom, ample storage closets, a dedicated storage room, and a large cantina/cold room. Outside, enjoy a large double driveway with parking for up to 6 vehicles, plus a 2-car garage with direct access into the home. Located just steps from Centennial Park and the Etobicoke Olympium, with easy access to golf, top-rated schools, shopping, parks, transit, and countless recreational amenities. Enjoy playgrounds, a wading pool, picnic areas, the beautiful glasshouse conservatory, pond and nature trails. Outdoor enthusiasts will appreciate the nearby tobogganing hills, CP Pan Am BMX Centre, soccer fields, and baseball diamonds. A rare opportunity to own a spacious home in an exceptional ravine setting, combining privacy, nature, space, and convenience in one of the area's most desirable locations. Whether you're looking for a family home, space for extended family, or future income potential, this property offers incredible possibilities. Don't miss your opportunity to make this special property your forever home! * Roof is 2 years old*
Facts on the listing
| Square feet | 1100-1500 |
|---|---|
| Style | Bungalow |
| Basement | Finished, Walk-Out |
| Lot width | 50.27 |
| Lot depth | 149.98 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 8 |
| Garage | Attached |
| Heating | Radiant |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $5,829 |
| Tax year | 2026 |
| Interior features | Primary Bedroom - Main Floor, Other |
Listing courtesy of MODERN SOLUTION REALTY INC.. MLS® W13813512.
About this detached house
114 Elmcrest Road is a 4 bedroom detached house in TRREB's Eringate-Centennial-West Deane community in Toronto, listed for sale at $1,199,999. The listing shows 2 bathrooms and 1100-1500 square feet. The style is given as bungalow. The lot is listed as 50.27 by 149.98 feet. The listing gives the basement as finished, walk-out. It comes with 8 parking spaces and an attached garage according to the listing. The nearest main intersection given is Rathburn & Centennial Park Blvd.
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 114 Elmcrest Road
At the asking price of $1,199,999, 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 | $1,199,999 |
|---|---|
| Ontario land transfer tax | $20,475 |
| Toronto municipal land transfer tax | $20,475 |
| Both taxes | $40,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $95,000 |
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) | $5,829 a year, about $486 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 $1,199,999, which is $29,999 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 radiant.
- 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, 50.27 by 149.98 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 114 Elmcrest Road
How much is land transfer tax on 114 Elmcrest Road?
At the asking price of $1,199,999 the Ontario tax is $20,475 and the Toronto tax is $20,475, $40,950 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 114 Elmcrest Road?
$95,000 at the asking price of $1,199,999, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 114 Elmcrest Road?
The listing shows $5,829 a year for 2026, about $486 a month.
Is 114 Elmcrest Road priced above or below the median?
It is listed at $1,199,999. 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 $29,999 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 114 Elmcrest Road?
Use the form on this page or call us. Quote MLS® W13813512. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 114 Elmcrest Road 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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