Bsmt-120 Phyllis Avenue, Toronto, ON
Cliffcrest, Toronto · MLS® E12974286
About this home
FULL PRIVATE BASEMENT! A bright and well-maintained unit located in a quiet, family-friendly neighbourhood in Scarborough. This functional space offers comfortable living with a practical layout, ideal for individuals or couples seeking convenience and accessibility. Enjoy being just minutes from everyday essentials with nearby shopping at Cliffcrest Plaza, Scarborough Town Centre, and a variety of grocery stores, restaurants, and cafes. Commuting is easy with nearby TTC bus routes and quick access to Kennedy Station (subway and GO Transit), as well as Highway 401 for added convenience.Families will appreciate proximity to schools such as H.A. Halbert Junior Public School, Anson Park Public School, and R.H. King Academy, along with nearby parks and community amenities.A great opportunity to live in a well-connected neighbourhood with everything you need close by. Tenant pays $75 for utilities (Heat, Hydro and water)
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- E12974286
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1100-1500
- Lot
- 62.08 × 97 ft
- Cross streets
- Kingston Road & Mccowan Rd
- Parking
- 2 parking
- Driveway
- Available
- Basement
- Separate Entrance, Finished
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick Front, Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 100
- Listing brokerage
- STRATA REAL ESTATE
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is R H King Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. McCowan Rd at Cree Ave is about a 3-minute walk away.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes99 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Cliffcrest, Toronto, ON
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Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: McCowan Rd at Cree Ave, about 241 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $880 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5
- Property tax
- $1
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6
- Toronto municipal land transfer tax
- $6
- Estimated closing costs
- $11
Plus your down payment of $220. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $282
- Principal paid down
- $112
- Interest paid
- $170
- Balance remaining
- $768
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of STRATA REAL ESTATE. MLS®/PropTx.