$1,299,000
Toronto
61 Minerva Avenue, Toronto (Cliffcrest), Ontario, M1M0C2
This 6-bedroom, 5-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 59 days.
Welcome to 61 Minerva Avenue, a Monarch-built detached home constructed in 2010 to LEED H standards in Monarch's Evergreen community, offering 4+2 bedrooms, 5 bathrooms and over 3,000 sq. ft. of finished living space designed to keep utility bills lower. The bright main level features hardwood floors, living and dining rooms, a breakfast area, and a family-sized kitchen with granite countertops, upgraded cabinetry, stainless steel appliances and a double sink. Upstairs offers 4 bedrooms, 3 full bathrooms and laundry, including two ensuites and a primary retreat with walk-in closet, glass-door shower, and a connected second bedroom ideal as a nursery or office. The renovated basement adds 2 bedrooms, a full bathroom, a kitchenette, second living room and two storage rooms, with future potential to legalize as a secondary suite by adding a separate entrance. Outside, enjoy one of the neighbourhood's deepest lots, a large backyard, an upgraded garden shed and a double car garage with electric opener. Updates include a new furnace (2025), basement renovation (2018), newer appliances, & a full professional paint (2026). Located in sought-after Cliffcrest near RH King Academy, TTC, shopping, parks and Scarborough GO, with an approximate 20-minute ride to Union Station. This investor-ready home has been leased at $4,750/month ($57,000/Year) + all utilities to AAA tenants starting December 1, 2026, ideal for investors or move-up buyers planning to upgrade in a few years who want rental income while they wait. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 6 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 6-bed single family in Toronto (Cliffcrest) has been listed for 6 days, which is 53 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 $1,299,000, about 14.9× the local median household income of $87,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 192% 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.