87 Lakeside Avenue, Toronto, ON

$1,199,000
MLS#:E12056932
6 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
Loading property media...

This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of Birchcliffe-Cliffside. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $1,199,000 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.

  • 6 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 151 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Scarborough's hidden gem! Nestled on a quiet cul-de-sac w/no passthrough traffic & just 14 houses up from the sight & sounds of Lake Ontario. This home sits in the family community of Birchcliffe w/a 50 x 151 lot. A dream home for the owners who built wonderful memories these last 14yrs watching their children play in the front & backyard & take part in the annual street party in June. #87 is now ready for a new family to take over. Freshly painted w/all new flooring & updated LED lighting throughout. Excellent layout w/4 + 2 bedrooms & 3 bathrooms. The supersized eat-in kitchen was fully renovated w/permits in 2021 & offers an abundance of natural light from the large windows, skylights & walkout leading to the backyard. The family room is extremely sunfilled with plenty of windows, is spacious & has a wood-burning fireplace to make winter nights even cozier. The basement has been fully finished with underpinning, all new plumbing, electrical & necessary building permits needed. Several upgrades were completed throughout the home w/permits. Outside, you'll find an eco-friendly driveway that fits 3 cars & a single-car garage completely rebuilt w/permits. The backyard is a green thumb paradise w/its tranquil setting of peace & privacy, mature trees, plants & flowers. Enjoy the calmness while watching ducks & fish in your own pond, complemented by waterfalls, or host gatherings for years to come. This house exudes charm, & w/its proximity to nature, it feels like being at the cottage but w/the conveniences of city amenities. 3min drive to Rosetta McClain Gardens, one of the best spots for breathtaking views of Lake Ontario. Take a walk & immerse yourself among its beauty. Community Centre and schools are minutes away. The area offers a vibrant touch w/pubs, restaurants, shops & the Hunt Club. Only 20mins to downtown & TTC stop is steps away!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 9, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionOther
BasementFinished
Lot Size50 × 151 Feet
CountyToronto
Annual Tax$7,610.68
Legal DescriptionLT 33 PL 1538 SCARBOROUGH; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

School, Public Transit, Park, Lake/Pond, Clear View

Interior Features

Carpet Free

Security Features

Community Features

Location

Initializing map...
87 Lakeside Avenue, Toronto, ON
Loading local market trends...

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 87 Lakeside Avenue, Toronto E06, ON M1N 3C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Information Gain SEO Widget

Configure Loan Settings

Interest Rate5.25%
Down Payment$239,800 (20.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period25 Years
Estimated Monthly Payment$5,716Based on a loan of $959,200 over 25 years.
Purchase Price$1,199,000
Loan Amount$959,200
Provincial Land Transfer Tax:$20,455
Toronto Municipal Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$40,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.

Nearby Listings

Distance:

No current listings found in Toronto.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,404

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 Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.