Attention builders, investors & visionaries - your next opportunity awaits in scarborough village! Situated on a generous 45 x 101 ft. lot, this property offers an exciting opportunity to renovate, reimagine or build your custom dream home in one of Scarborough's established and highly desirable communities, subject to applicable municipal approvals.Whether you're a builder searching for your next project, an investor looking to add value, or an end-user ready to create a home tailored to your lifestyle, this property is packed with potential.Enjoy an excellent location surrounded by parks, schools, shopping, restaurants and everyday conveniences, with the beauty of the Scarborough Bluffs just minutes away. Steps to Mason Park and conveniently connected to TTC, GO Transit and major highways, making commuting throughout the city easy.45 x 101 FT. LOT. Prime scarborough location. Endless possibilities. Bring your plans, your vision and your creativity - opportunities like this are increasingly hard to find.Property is being sold in "As Is, Where Is" condition. Buyer/Buyer's Agent to conduct their own due diligence regarding zoning, building possibilities, intended use and all applicable municipal requirements.
4 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $499 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 40 Stanland Dr
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Lot size
45.00 x 101.00 Feet
Parking
2 spaces
Basement
Finished, Other
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished · Other
Lot & land
Lot dimensions
45.00 x 101.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
40 Stanland Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13721606$749,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 40 Stanland Dr Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,680
/mo
based on the purchase price of $749,000
$149,800 cash
$599,200 financed
$504,684 total interest
Principal54%$599,200
Interest46%$504,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
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.
For homeowners nearby
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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.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $749K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4974.6%On average, homes sold at or above asking.
Active listings12,263Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,537 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
40 Stanland Dr is listed at $749,000 (MLS® E13721606). Summitly updates the price as soon as the MLS® record changes.
Is $749,000 a good price for 40 Stanland Dr?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 40 Stanland Dr changed?
No — 40 Stanland Dr is still listed at its original asking price of $749,000.
How many bedrooms and bathrooms does 40 Stanland Dr have?
40 Stanland Dr has 4 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 40 Stanland Dr close to transit?
The nearest rapid-transit station is Eglinton GO Station (Lakeshore East GO), about 570 m (about a 7-minute walk) in a straight line. Guildwood GO Station is about 2.9 km, and Kennedy Station is about 3.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 40 Stanland Dr?
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), 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.
How does 40 Stanland Dr compare with other homes in Toronto?
Its asking price of $749,000 is about 12% below the median sold price in Toronto over the last 90 days, $849,000, across 9,537 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.
Has 40 Stanland Dr been sold before?
Summitly has no earlier MLS® sale or lease of 40 Stanland Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 40 Stanland Dr?
40 Stanland Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 40 Stanland Dr been on the market?
47 days — 40 Stanland Dr was listed on August 28, 2026.
What is the price per square foot of 40 Stanland Dr?
About $375 to $499 per square foot: the asking price of $749,000 over the 1,500–2,000 sq ft the listing gives as its size range.
