81 Cree Avenue, Toronto, ON

$1,099,900
MLS#:E9254812
3 beds
2 baths
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 52 x 150 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Step into this stunning home located in the highly sought-after Cliffcrest area.You'll be greeted by a beautifully designed kitchen, perfect for culinary adventures, with a convenient walkout to a spacious deck ideal for outdoor dining and relaxation. The main floor boasts two generously sized bedrooms, making this home easily accessible and perfect for family living. Venture downstairs to discover a fully finished basement with a separate entrance. This open-concept space features a cozy gas fireplace and includes one additional bedroom, offering an excellent in-law suite. The backyard is an entertainers delight, providing ample space for gatherings and outdoor activities. Conveniently located just minutes from bus stops, Hwy 2A, and Hwy 401, this home offers easy access to all your commuting needs. The area is served by excellent schools including Bliss Carman Sr. PS and RH King Academy. Enjoy the natural beauty of nearby Bluffers Park and Beach, perfect for weekend getaways and leisure activities.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 28, 2024
Sold price information is available to members only
Listed Date8/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size52 × 150 Feet
CountyToronto
Annual Tax$3,855.41
Legal DescriptionPlan 3995, Lot 59

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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81 Cree Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 81 Cree Avenue, Toronto E08, ON M1M 1Z9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$219,980 (20.0%)
* Minimum Canadian down payment required for this price is $219,980.
Amortization Period25 Years
Estimated Monthly Payment$5,244Based on a loan of $879,920 over 25 years.
Purchase Price$1,099,900
Loan Amount$879,920
Provincial Land Transfer Tax:$18,473
Toronto Municipal Land Transfer Tax:$18,473
Total Estimated Closing Taxes:$36,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,099,900 in Toronto, the legal minimum down payment is $219,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,473 also applies, bringing the total estimated land transfer taxes to $36,946.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cliffcrest, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,251,114

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Agatha
Public49 Cathedral Bluffs Drive, Scarborough, Toronto, Ontario, M1M 2T6
4.3
St Henry
Public100 Brimley Road, Scarborough, Toronto, Ontario, M1M 3X4
8.0
St Theresa Shrine
Public2665 Kingston Road, Scarborough, Toronto, Ontario, M1M 1M2
7.3
St Maria Goretti
Public21 Kenmark Boulevard, Scarborough, Toronto, Ontario, M1K 3N8
5.3
J G Workman
Public487 Birchmount Road, Scarborough, Toronto, Ontario, M1K 1N7
4.7

Secondary Schools

R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
Birchmount Park
Public3663 Danforth Avenue, Scarborough, Toronto, Ontario, M1N 2G2
4.3
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
W A Porter
Public40 Fairfax Crescent, Scarborough, Toronto, Ontario, M1L 1Z9
7.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.