$939,900
Toronto
16 McCowan Road, Toronto (Cliffcrest), Ontario, M1M3L8
This 5-bedroom, 4-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Listed at $939,900, it is attractively priced about 23% below the $1,224,900 median asking price in Toronto. It has been on the market 21 days, fresher than the Toronto average of 59 days.
Discover an exceptional opportunity in the highly desirable Cliffcrest neighbourhood! This beautifully updated home offers the perfect combination of style, functionality, and income potential. Step inside to a warm and inviting main floor featuring a cozy wood-burning fireplace, perfect for relaxing evenings with family and friends. Outside, escape to your own private backyard complete with mature fruit trees-ideal for entertaining or simply enjoying peaceful outdoor living. The oversized double car carport provides abundant parking and exceptional storage space. Thoughtful upgrades include basement waterproofing, added insulation for improved energy efficiency, a new front door, and a new concrete side pathway leading to the backyard. The fully renovated lower level is a standout feature, offering a separate entrance, a stunning modern kitchen with new appliances, two beautifully renovated ensuite washrooms, a new furnace, and a new washer and dryer. Whether you're accommodating extended family, creating the ultimate teen retreat, or exploring the potential for supplemental rental income, this flexible space offers endless possibilities. The main floor kitchen has also been refreshed with new appliances, making this home truly move-in ready. Enjoy an unbeatable lifestyle just a short walk to Cliffcrest Plaza with Shoppers Drug Mart, No Frills, LCBO, banks, a bakery, restaurants, and other everyday conveniences. Families will appreciate the excellent nearby schools, including R.H. King Collegiate Institute, St. Agatha Catholic School (French Immersion), and H.A. Halbert Public School. Commuters will love the easy access to TTC and Eglinton GO Station, while nearby parks and green spaces complete this outstanding location. A rare opportunity to own a beautifully updated home in one of Scarborough's most sought-after family neighbourhoods-this is one you won't want to miss! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 59 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 5-bed single family in Toronto (Cliffcrest) has been listed for 21 days, which is 38 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $939,900, about 10.8× the local median household income of $87,000.
Carrying it typically needs a household income of about $183,595 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1M)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.