$1,299,000
8.80 BTC
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Map
5 Peace Drive, Toronto
$1,299,000
PRICE
3 + 3
BEDROOMS
5
BATHROOMS
E12237746
MLSID

5 Peace Drive, Toronto

Fully Renovated Turnkey Gem with High Rental Potential | Prime Scarborough Location Near UofT & Centennial College Welcome to your dream home or next smart investment. This fully gutted and meticulously renovated bungalow offers 6 bedrooms, 5 full bathrooms, and a separate entrance ideal for multi-generational living or high-yield rental income. Located minutes from University of Toronto Scarborough, Centennial College, Hwy 401, STC, TTC, and GO Station, this home sits in a high-demand rental area perfect for student tenants or extended families. The main floor features 3 spacious bedrooms, 2 elegant bathrooms with marble accents, and a chef-inspired kitchen boasting custom Persian cabinetry, a waterfall island, and engineered hardwood floors. The basement includes 3 more bedrooms, 3 full bathrooms, a second full kitchen, laundry, and private entrancemaking it a textbook example of a rent hack opportunity. Enjoy peace of mind with a new roof, new HVAC system, owned hot water tank, brand new windows throughout, and professionally rebuilt attic. The home also features a striking wide front door entrancea rare upscale touch that enhances both curb appeal and functionality, making every arrival feel grand. Fresh landscaping, brand-new interlock, and new driveway asphalt complete the stunning exterior. With parking for up to 6 vehicles and a private backyard with no rear neighbors, this home blends comfort with unbeatable urban access. Whether you're looking to live in style or cash flow smartlythis home delivers. Rental income of $5,500/month in today's market, with historical highs of $6,500/month, makes this property a top pick for savvy buyers.
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Sold History

SOLD
28 January 2020
$920,000
SOLD
3 September 2015
$581,000
SOLD
21 April 2014
$521,109

Summary

Address
5 Peace Drive
Community
MLSID
E12237746
Property Type
Detached
Property Category
Bedrooms
3 + 3
Bathrooms
5
Kitchens
1 + 1
Taxes (Annual)
$4,690.42
Tax Year
2025
Published
June 21, 2025
Days on Market
16 Days
Possession Type
Flexible
Possession Details
Immediately
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Inclusions

All Electrical Light Fixtures, All New S/S Appliance, 2 Fridges, 2 Stoves, 2 Range Hood, 1 Dishwasher, & 2 Washer/Dryer. Furnace, A/C, & Hot Water Tank (Own). New Roof (2025)

Exclusions

None

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
3-Piece Main Level
Bathroom 3
4-Piece Basement Level
Bathroom 4
3-Piece Basement Level
Parking Spaces
4
Parking Total
5
Parking Features
Private
Architectural Style
Bungalow
Lot Width
45 Feet
Lot Depth
113 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HOMELIFE TOP STAR REALTY INC.
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