Toronto, ON · M1C 2A4 · MLS® E12213162Updated
$175,000Est. $860/mo mortgage
385 Centennial Rd is a land in Toronto, listed for $175,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Toronto land priced at $175,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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464-468 Winona Drive
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1600 Finch Avenue
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291 Indian Road
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360B Lawrence Avenue
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1972 Brimley Road
3 bd · 2 ba · Land
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133 Jersey Avenue
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6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home385 Centennial Road 0 bd · 0 ba | $175,000asking | — | — | — |
| 464-468 Winona Drive 0 bd · 0 ba | ||||
| 1600 Finch Avenue 0 bd · 0 ba | ||||
| 291 Indian Road 0 bd · 0 ba | ||||
| 360B Lawrence Avenue 0 bd · 0 ba | ||||
| 1972 Brimley Road 3 bd · 2 ba · 1,100 sqft | ||||
| 133 Jersey Avenue 0 bd · 0 ba |
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
0 bd · 0 ba
3 bd · 2 ba · 1,100 sqft
0 bd · 0 ba
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From 385 Centennial Rd. Typical times without traffic delays; transit times aren't available yet.
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Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Listing brokerage: CBRE LIMITED, BrokerageMLS® E12213162 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Homes for sale in Toronto
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Based on 9,142 sales from Aug 6 – Nov 4, 2026 (7,119 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
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385 Centennial Rd is listed at $175,000 (MLS® E12213162). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $750,000 and is now $175,000, a drop of $575,000 (76.7%).
The listing for 385 Centennial Rd doesn't publish its bedroom and bathroom count. It is a lot in Toronto.
The nearest rapid-transit station is Rouge Hill GO Station (Lakeshore East GO), about 2.2 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
About $860 a month — principal and interest on $175,000 with 20% down ($35,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
Its asking price of $175,000 is about 79% below the median sold price in Toronto over the last 90 days, $840,000, across 9,142 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 385 Centennial Rd on record from the last two years. Older records aren't shown under TRREB rules.
385 Centennial Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
511 days — 385 Centennial Rd was listed on June 11, 2025.
The lot is 25.995 acres, as published in the listing.
About $2,950 at the asking price of $175,000: $1,475 Ontario land transfer tax plus $1,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
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