







52 Neilson Avenue
Cliffcrest, Toronto
$1,120,000
Prime Bluffs Location A Rare Opportunity for Builders, Renovators & Investors! An exceptional opportunity awaits in the prestigious Cliffcrest community, one of Scarborough's most sought-after neighborhoods. This expansive 50 x 133 ft lot offers limitless potential, whether you choose to renovate and customize the existing home or build a brand-new luxury residence. With an approved building permit (22 156822 BLD 00 NH) in place for a stunning approx. 4,000 sq. ft. detached home, you can bring your vision to life without delay. Nestled in a vibrant, family-friendly community, this prime location is known for its charm, character, and convenience. Enjoy the best of both worlds with top-rated schools, scenic trails, parks, shopping, and public transit all within walking distance. A truly rare chance to create something extraordinary in the heart of the Bluffs!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,773 |
| Lot Size | 50 ft x 133 ft |
| mls© Number | E14158326 |
| Listed By | REALTY 21 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%
- $5,733
- Property tax
- $398
- Heat allowance
- $150
- Housing costs
- $6,280 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$193,000
gross annual household income
- Payment at 4%
- $4,713 / mo
- Cash down
- $224,000
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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