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Cliffcrest, Toronto
$579,000
Developer/Builder Opportunity in Prime South Cliffcrest; 4-Plex + Garden Suite Potential. Unrivalled prime infill opportunity in highly sought-after South Cliffcrest (South of Kingston Rd). Situated on a deep, sun-filled lot with a long private drive, this property offers incredible versatility for developers, builders, and investors looking to maximize yield. High-Density Potential: Prime candidate for multi-unit redevelopment, ideal for a 4-plex plus an auxiliary/garden suite under current missing-middle planning guidelines (buyer to perform due diligence). Build new multi-family, reconstruct a luxury custom home, or collect steady holding income from the existing, 1.5-storey detached home and unspoiled basement while securing site plans and permits. Steps to Bluffer's Park, Scarborough Bluffs, top-tier schools, TTC transit connections, and Kingston Road retail/amenities. An exceptional redevelopment lot in a high-demand, inventory-scarce pocket. Act fast to secure this premium project site.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,336 |
| Lot Size | 40 ft x 133 ft |
| mls© Number | E13834972 |
| Listed By | Signature Elite 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%
- $2,964
- Property tax
- $361
- Heat allowance
- $150
- Housing costs
- $3,475 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,437 / mo
- Cash down
- $115,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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