61 Minerva Avenue, Toronto, ON
Cliffcrest, Toronto · MLS® E13519074
About this home
Welcome to 61 Minerva Avenue, a Monarch-built detached home constructed in 2010, offering 4+2 bedrooms and 5 bathrooms, over 3000+ Sq. Feet of finished living space, ideal for growing families, multi-generational living, or buyers who want extra room for working from home. The main level features a bright, layout that floods the living areas with natural light all day, with hardwood flooring, and a spacious living room, dining room, breakfast area, and kitchen. The family-sized kitchen includes granite countertops, upgraded cabinetry, stainless steel appliances, and a double stainless steel sink. Upstairs you will find 4 bedrooms, three full bathrooms, and upper level laundry, with two bedrooms featuring private ensuites, including a spacious primary retreat with a walk-in closet and an upgraded ensuite with a stand-up shower and glass door. A rare highlight is the primary bedroom connected to the second bedroom, perfect for a nursery or home office. The fully renovated finished basement includes 2 bedrooms, a full bathroom, a kitchenette, a second living room, and two storage rooms, offering excellent flexibility and income potential. Step outside to one of the deepest lots in the neighbourhood, a large backyard with plenty of room to entertain and unwind, plus an upgraded garden shed and a double car garage with electric opener. Updates include a brand new furnace in 2025, professionally steam-cleaned carpets, and the home has been fully painted in 2026. This home is also built to LEED H Standard in Monarch's Evergreen community, designed for better efficiency and comfort, helping keep utility bills lower over time. Located in the sought-after Cliffcrest neighbourhood, close to RH King Academy, TTC, shopping, parks, and around the corner from Scarborough GO Station with an approximate 20-minute ride to Union Station.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13519074
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500
- Lot
- 34.45 × 131.99 ft
- Cross streets
- St. Clair Ave E & Midland Avenue
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,432 / 2025
- Days on market
- 14
- Listing brokerage
- LPT REALTY
Rooms
combined w/family · hardwood floor · large window
combined w/br · broadloom · large window
electric fireplace · hardwood floor · w/o to garden
laundry sink · combined w/laundry
ceramic floor · combined w/kitchen
3 pc ensuite · closet · laminate
laminate · closet · window
5 pc ensuite · walk-in closet(s) · large window
laminate · stainless steel sink · granite counters
4 pc ensuite · b/i closet · large window
granite counters · stainless steel appl · double sink
large window · large closet · broadloom
laminate · closet · window
Listed at $1,549,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.45M, a bit lower.
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 $1.93M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.98M
That comparable adjusts to $1.98M; the $1.80M estimate above is the median of all 7 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. St Clair Ave East at Jeanette St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.80M, median of 7 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
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 homesThis home lists 11% below the area average of $777/sqft.
13 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: St Clair Ave East at Jeanette St, about 189 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,239,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,613
- Property tax
- $536
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,149
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,455
- Toronto municipal land transfer tax
- $27,455
- Estimated closing costs
- $54,910
Plus your down payment of $309,800. 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
- $396,770
- Principal paid down
- $157,812
- Interest paid
- $238,957
- Balance remaining
- $1,081,388
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 LPT REALTY. MLS®/PropTx.