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New2 hours ago

226 Oakridge Drive

Cliffcrest, Toronto

$897,000

Detached|1 1/2 Storey
3 | 3 | 3
About this home

Exceptional Opportunity on a Premium 50 x 150 Ft Lot Near the Scarborough Bluffs! Discover this beautifully updated detached home offering the perfect blend of comfortable living, investment potential, and future development opportunities. Featuring 3+2 bedrooms and 3 Full bathrooms, this property boasts a renovated kitchen (2025), stainless steel appliances, and a modern, Renovated 2-bedroom Basement with a Separate Entrance and Legal Building Permit, which Providing Extra Income when you Rent out. Enjoy an expansive backyard with a stunning deck, updated fencing, and a customized, raised shed with skylight and 4 x 8 ft loft storage. Extensive upgrades include eaves, furnace and A/C , laundry set, 200-amp electrical service (2020), and upgraded insulation (2023). Conveniently located near the Scarborough Bluffs and University of Toronto Scarborough campus, with easy access to public transit and walking distance to GO Train service. Easy Access To All Essentials (Groceries, Banks, Restaurants, Schools and Parks etc.Ideal for families, investors, and builders seeking a comfortable move-in-ready home on a generous lot with exciting future possibilities. Live in, rent out, or explore the potential for a custom rebuild or garden suite, subject to municipal approvals. A Rare Opportunity With Endless Potential!

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agent
Mahta Nourbakhsh
(416) 953-9580
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,351
Lot Size50 ft x 150 ft
mls© NumberE13812316
Listed ByNU STREAM REALTY (TORONTO) INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,591
Property tax
$363
Heat allowance
$150
Housing costs
$5,104 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,400
25-yr amortization

Income needed

$157,000

gross annual household income

Payment at 4%
$3,775 / mo
Cash down
$179,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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