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$749,000
Toronto
10 Thatcher Avenue, Toronto (Cliffcrest), Ontario, M1M2M2
This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $749,000, it is attractively priced about 39% below the $1,224,900 median asking price in Toronto.
Rare opportunity in the highly sought-after Scarborough Bluffs community! Situated south of Kingston Rd on an impressive approximately 40 x 135 ft lot, this unique property spans two streets, with frontage on Thatcher Ave and rear access from Brimley Rd., with no residential property directly behind. Offering exceptional potential for builders, developers, contractors, investors, or first-time buyers ready to put some love into a detached home and make it their own. The existing two-bedroom home also features a very large unfinished basement with a separate entrance, offering excellent storage and significant potential for future living space, subject to municipal approvals. Renovate the existing home, explore an addition, finish the basement, or consider future redevelopment possibilities on this large and distinctive lot. Located on a quiet street where properties rarely become available, surrounded by mature trees, established residences, and many newly built custom homes. Minutes from Bluffer's Park Marina, beaches, waterfront trails, parks, schools, colleges, shopping, TTC service along Kingston Rd, and Scarborough GO Station, with convenient access to downtown Toronto. A property with land, location, and tremendous potential-whether you are looking to create your first home, undertake your next renovation project, or build something new. Some Pictures Are Virtually Staged (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 94 days on market, against an average age of 61 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Cliffcrest) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $749,000, about 8.6× the local median household income of $87,000.
Carrying it typically needs a household income of about $146,306 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice