226 Oakridge Drive, Toronto, ON
Cliffcrest, Toronto · MLS® E13812316
About this home
In short
- Exceptional Opportunity on a Premium 50 x 150 Ft Lot Near the Scarborough Bluffs.
- Discover this beautifully updated detached home offering the perfect blend of comfortable living, investment potential, and future development opportunities.
- Featuring 3+2 bedrooms and 3 Full bathrooms, this property boasts a renovated kitchen (2025), stainless steel appliances, and a modern, Renovated 2-bedroom Basement...
- Enjoy an expansive backyard with a stunning deck, updated fencing, and a customized, raised shed with skylight and 4 x 8 ft loft storage.
- Live in, rent out, or explore the potential for a custom rebuild or garden suite, subject to municipal approvals.
Legal Basement !!! Exceptional Opportunity on a Premium 50 x 150 Ft Lot Near the Scarborough Bluffs! Discover this beautifully updated detached home offering the perfect blend of comfortable living, investment potential, and future development opportunities. Featuring 3+2 bedrooms and 3 Full bathrooms, this property boasts a renovated kitchen (2025), stainless steel appliances, and a modern, Renovated 2-bedroom Basement with a Separate Entrance and Legal Building Permit, which Providing Extra Income when you Rent out. Enjoy an expansive backyard with a stunning deck, updated fencing, and a customized, raised shed with skylight and 4 x 8 ft loft storage. Extensive upgrades include eaves, furnace and A/C , laundry set, 200-amp electrical service (2020), and upgraded insulation (2023). Conveniently located near the Scarborough Bluffs and University of Toronto Scarborough campus, with easy access to public transit and walking distance to GO Train service. Easy Access To All Essentials (Groceries, Banks, Restaurants, Schools and Parks etc.Ideal for families, investors, and builders seeking a comfortable move-in-ready home on a generous lot with exciting future possibilities. Live in, rent out, or explore the potential for a custom rebuild or garden suite, subject to municipal approvals. A Rare Opportunity With Endless Potential!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- E13812316
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 50 × 150 ft
- Cross streets
- Eglinton & Mccowan
- Parking
- 3 parking
- Basement
- Separate Entrance, Apartment
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,351 / 2026
- Days on market
- 27
- Listing brokerage
- NU STREAM REALTY (TORONTO) INC.
Rooms
Hardwood Floor
laminate · stainless steel appl · stainless steel sink
laminate · led lighting · overlooks frontyard
laminate · window
laminate · led lighting · open concept
Hardwood Floor
laminate · window
laminate · led lighting · overlooks frontyard
laminate · led lighting · open concept
laminate · overlooks backyard
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe 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.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $980/sqft; this home lists at $673/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Cliffcrest, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $700,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,870
- Property tax
- $363
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,233
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,975
- Toronto municipal land transfer tax
- $13,975
- Estimated closing costs
- $27,950
Plus your down payment of $175,000. 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
- $232,225
- Principal paid down
- $85,527
- Interest paid
- $146,698
- Balance remaining
- $614,473
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
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 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 NU STREAM REALTY (TORONTO) INC.. MLS®/PropTx.