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Cliffcrest, Toronto
$2,200,000
Welcome To This Exceptional & RARE Ravine Lot In The Heart Of The Scarborough Bluffs Community! Situated On A 60ft X 250ft Lot. This Home Offers Endless Possibilities For Investors, Multi-Generational Living Or Conversion Back To Single Family Hm, W/ 6 Beds, 4 Baths & 2 Family Rm's. Surrounded by nature, enjoy a private backyard oasis with deer and serene ravine views. Reno In 2016, This Unique Hm Offers 3 Well-Appointed Suites + A Bsmt Apartment. Each Suite w/ its own Laundry & W/O To Deck/Yard, Offering Privacy & Comfort. The Hm Also has 200 Amp Electrical Service. Spacious Main Flr Suite Features A Functional Layout With a Living, Dining & Family Rm, Eat-In Kitchen, 3-Pc Bath & a Generous Primary Bedrm With Wall-To-Wall Closets. Can open up To Make A Large Open Concept Kitchen And Family Rm with Wonderful Views Of The Garden. The 2nd Flr Features 2 Bright & Airey Suites, Each w/ a Walk-Out To a Large Deck & Ravine-Backed Yard. Both Units Include Living & Dining Areas, Eat-In Kitchen, 2 Bedrms & 2 Bathrms, Enhanced W Engineered Maple Flooring, Vaulted Ceilings & Large Skylights. The 2nd Flr Also Has Its Own Washer & Dryer For Added Convenience. Open Concept Bsmt Suite Provides a Comfortable 1 Bed Layout w a Living, Dining & Kitchen Area, Its Own Washer/Dryer & a 3-Piece Bathrm W/ a Glass Shower. The Attached Garage & Ample Parking Make This Property Ideal For Both Families And Investors. Located In The Highly Regarded Chine Drive School District & Just Minutes From The Bluffs, Beaches, Lake Ontario, And Scenic Trails Including; Scarborough Heights Waterfront Trail, Gates Gully, And Doris McCarthy Trail. This Hm Blends Comfort, Funtionality & Convenience, A Truly Unique Opportunity For Comfortable Living While Generating Income To Offset Your Mortgage, Configured For Multi-Generational Living, Offering Family/Friends The Comfort Of Separate Private Suites While Sharing One Exceptional Hm. A Rare Opportunity With Strong Long-Term Value & Versatile Living Potential!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 3500-5000 sq. ft. |
| Property Tax | $10,888 |
| Lot Size | 60 ft x 250 ft |
| mls© Number | E13760646 |
| Listed By | MCCANN REALTY GROUP 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%
- $11,261
- Property tax
- $907
- Heat allowance
- $150
- Housing costs
- $12,318 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$379,000
gross annual household income
- Payment at 4%
- $9,258 / mo
- Cash down
- $440,000
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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