10 Thatcher Avenue, Toronto, ON
Cliffcrest, Toronto · MLS® E13173630
About this home
Rarely does an opportunity like this become available in the highly sought-after Scarborough Bluffs community. Located south of Kingston Rd on an approximately 40 x 135 ft lot, this unique property stretches between two streets, with the front on Thatcher Avenue and the rear backing directly onto Brimley Road with no residential property behind. An exceptional opportunity for builders, investors, contractors, or end users to create a custom home in one of Toronto's most desirable waterfront-adjacent neighbourhoods. Surrounded by many newly built custom homes and located on a street where properties rarely come to market, this area continues to experience strong long-term growth and redevelopment. Enjoy a unique lifestyle just minutes from Bluffer's Park Marina - take your boat from your driveway to the marina within minutes and enjoy waterfront trails, beaches, nature, and lakefront living while staying connected to the city. Conveniently located near schools, parks, colleges, shopping, TTC transit on Kingston Rd, Scarborough GO Station, and approximately 30 minutes to downtown Toronto. The property also benefits from excellent natural light exposure, with eastern sunrises and west-facing sunset views across the backyard. Surrounded by mature trees, established homes, and luxury redevelopment, this is a rare opportunity to secure a property in one of Scarborough's most coveted neighbourhoods. Property being sold in as-is condition.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13173630
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100
- Lot
- 40 × 135 ft
- Cross streets
- Kingston Rd & Brimley
- Parking
- 2 parking
- Driveway
- Front Yard Parking, Tandem
- Basement
- Unfinished
- Heating
- Forced Air
- A/C
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,906 / 2025
- Days on market
- 52
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
Listed at $799,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $791K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $599K
- Bathrooms −$15K
- Adjusts to $584K
That comparable adjusts to $584K; the $812K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The 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, this is a very walkable address with everyday errands close by. Brimley Rd at Barkdene Hills is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $812K, median of 6 comparables.
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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Worth verifying
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 14% below the area average of $1,030/sqft.
51 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Brimley Rd at Barkdene Hills, about 57 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 $639,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,411
- Property tax
- $326
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,737
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Estimated closing costs
- $24,910
Plus your down payment of $159,800. 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
- $204,661
- Principal paid down
- $81,402
- Interest paid
- $123,258
- Balance remaining
- $557,798
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.