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Cliffcrest, Toronto
$1,199,000
Discover the potential of this exceptional property in the highly sought-after Cliffcrest neighbourhood. Situated on an expansive 60.43 x 124.50 ft lot, this home offers endless possibilities for homeowners, investors, and builders alike. Thoughtfully updated throughout with extensive high-quality renovations, it is move-in ready while also presenting an outstanding opportunity to design and build a custom residence in an area surrounded by prestigious luxury homes. The finished basement apartment provides excellent income potential or additional living space, making it an attractive option for first-time buyers and investors. Ideally located close to the GO Station, TTC, Highway 401, schools, shopping, parks, and a full range of everyday amenities, this is a rare chance to secure a prime property in one of Scarborough's most desirable communities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,749 |
| Lot Size | 60.43 ft x 124.5 ft |
| mls© Number | E13579708 |
| Listed By | RE/MAX ACE REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,137
- Property tax
- $396
- Heat allowance
- $150
- Housing costs
- $6,683 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$206,000
gross annual household income
- Payment at 4%
- $5,046 / mo
- Cash down
- $239,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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