18 Thatcher Avenue, Toronto, ON

Cliffcrest, Toronto · MLS® E13575566

$1,975,000
For Sale
Just listed today
5Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq Ft

About this home

Welcome to this beautifully updated detached home in one of Scarborough's most coveted neighbourhoods, just moments from the breathtaking scenery at Scarborough Bluffs, Bluffer's Park Beach, and Cathedral Bluffs Yacht Club. Designed for modern family living, the home features four spacious bedrooms on the upper level plus a versatile main-floor room that can serve as a fifth bedroom, home office, or den. Extensively renovated with hundreds of thousands invested in upgrades, every detail has been thoughtfully curated. At the heart of the home is a spectacular custom kitchen completed in 2024, boasting solid wood cabinetry, quartz countertops and full-height backsplash, a massive waterfall island, and premium built-in JennAir appliances - a stunning $90,000 renovation that seamlessly blends style and functionality. The elegant interior is further enhanced by new wrought iron staircase railings, pot lights throughout, updated interior doors, renovated main-floor mudroom with laundry & laundry sink, custom tiled gas fireplace, and new blinds installed in 2024. Step outside to your private backyard oasis where over $100,000 has been invested in creating the ultimate outdoor retreat. Enjoy a huge saltwater swimming pool surrounded by new coping stone and interlocking, sleek glass deck railings, a new privacy fence, professionally landscaped grounds, and a striking front-yard fountain. A newly installed interlocking driveway, new garage doors, exterior pot lights, and refreshed front landscaping provide exceptional curb appeal. Additional updates include all new exterior doors (2024), newly caulked vinyl windows, and a roof approximately 10 years old. Offering luxurious indoor and outdoor living in a prestigious setting close to parks, beaches, marinas, schools, and amenities, this is a rare opportunity to own a truly turnkey family home in one of Toronto's most desirable east-end communities. *listing contains virtually staged photo*

Key facts

Property type
Detached, 2-Storey
MLS®
E13575566
Bedrooms
5 (4 + 1)
Bathrooms
3 (1 half)
Size
2500-3000
Lot
47 × 135 ft
Cross streets
Brimley Rd S and Kingston Rd
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Unfinished, Full, Development Potential
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Pool
Inground, Outdoor, Salt
Property tax
$8,122 / 2025
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Bedroom 4Second3.68 × 3.99 m

closet · window · hardwood floor

Bedroom 2Second3.33 × 3.07 m

closet · window · hardwood floor

Dining RoomMain3.76 × 3.84 m

open concept · combined w/living · hardwood floor

Bedroom 3Second3.02 × 3.86 m

closet · window · hardwood floor

BreakfastMain2.79 × 3.81 m

w/o to deck · centre island

Living RoomMain3.76 × 5.11 m

fireplace · pot lights · vaulted ceiling(s)

KitchenMain3.91 × 3.07 m

b/i appliances · glass doors · tile floor

Primary BedroomSecond13.30 × 6.32 m

walk-in closet(s) · 4 pc ensuite · hardwood floor

BedroomMain2.82 × 3.33 m

window · hardwood floor

Family RoomMain4.17 × 3.81 m

stone fireplace · pot lights · large window

Listing history

  1. Jun 15, 2026Listed$2,125,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

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.

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.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Weigh carefully
  • Worth verifying
Comparable listingsCurrently listed nearby in Cliffcrest · asking prices
$2.07Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

18 Thatcher Avenue$2.13M92 Gradwell Drive$1.93M2 Ledge Road$2.00M2 Pine Ridge Drive$1.90M1 Pine Ridge Drive$2.39M

The 5 closest of 6 active listings nearby.

See all comparable homes
1.98MThis home2.13M1.93M2.00M1.90M2.39MThis home vs active comparables
Live market pulseActive comparables in Cliffcrest · median list $2.00M
$718this home / sqft
6active listings nearby

This home lists 5% above the area average of $682/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Cliffcrest, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

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 84 m away

20+ transit stops6 grocery20+ dining20+ parks5 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Fairmount Public School
68%
Fairmount Public SchoolPublic · Elementary · 0.8 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$9,001/mo
$367KIncome needed
5.4×Price ÷ income
$2,077Weekly cost
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $9,001Property tax $677Total carry $9,678

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,431per month

Mortgage amount $1,580,000 · 4.14% over 25 years

$395,000Down payment (20.0%)
$1,580,000Loan before insurance
$0CMHC premium
$9,108Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,431
Property tax
$677
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,108

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$35,975
Toronto municipal land transfer tax
$35,975
Estimated closing costs
$71,950

Plus your down payment of $395,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,241/monthPayment at the qualifying rate

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

$949,440Total interest paid
$2,529,440Total of all payments
Principal $1,580,000 Interest $949,440
YearPrincipalInterestBalance
1$37,014$64,164$1,542,986
2$38,562$62,615$1,504,424
3$40,175$61,002$1,464,249
4$41,856$59,322$1,422,393
5$43,606$57,571$1,378,787
6$45,430$55,747$1,333,356
7$47,331$53,847$1,286,026
8$49,310$51,867$1,236,715
9$51,373$49,805$1,185,342
10$53,522$47,656$1,131,820
11$55,761$45,417$1,076,060
12$58,093$43,085$1,017,967
13$60,523$40,655$957,444
14$63,055$38,123$894,389
15$65,692$35,486$828,697
16$68,440$32,738$760,257
17$71,303$29,875$688,955
18$74,285$26,893$614,670
19$77,392$23,785$537,277
20$80,629$20,548$456,648
21$84,002$17,176$372,646
22$87,516$13,662$285,130
23$91,176$10,001$193,954
24$94,990$6,187$98,963
25$98,963$2,214$0

At the end of your 5-year term

Total paid over the term
$505,888
Principal paid down
$201,213
Interest paid
$304,675
Balance remaining
$1,378,787

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.

Let's connect

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

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.4%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.2%
Gross yield
− Property tax $8,122− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,548

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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