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Cliffcrest, Toronto
$799,000
Discover the charm of South Scarborough living in this established, sought-after lakeside community. Enjoy a wonderful balance of residential tranquillity, natural beauty and everyday convenience, with the spectacular Scarborough Bluffs, scenic waterfront parks and Bluffer's Park Beach nearby. The area offers a relaxed, almost cottage-like atmosphere while keeping you connected to the amenities of the city. Enjoy convenient access to shopping, restaurants and everyday essentials along Kingston Road, as well as nearby schools, parks and recreational facilities. Commuters will appreciate access to TTC transit and nearby GO Train connections for travel throughout Toronto and beyond. Whether you enjoy outdoor adventures, peaceful neighbourhood walks or the convenience of city living, this location offers an appealing opportunity to experience the best of Scarborough's lakeside lifestyle. Opportunity awaits! This 3-bedroom bungalow offers excellent potential for buyers looking to renovate and create a home tailored to their own taste and style. Versatile layout with potential for extended family living or income opportunities featuring an auxillary apartment with 2 separate entrances - one from backyard and the other from garage. Bring your vision and explore the possibilities! Seller has never occupied the property and has limited knowledge of its history and condition. Property requires extensive updating and renovations. Smoke odour is present. Property is being sold in as-is, where-is condition.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,641 |
| Lot Size | 50 ft x 125 ft |
| mls© Number | E14142802 |
| Listed By | RE/MAX ROUGE RIVER REALTY LTD. |
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%
- $4,090
- Property tax
- $470
- Heat allowance
- $150
- Housing costs
- $4,710 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$145,000
gross annual household income
- Payment at 4%
- $3,362 / mo
- Cash down
- $159,800
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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