82 Scarborough Heights Boulevard, Toronto, ON

Cliffcrest, Toronto · MLS® E13856858

$998,800
For Sale
Listed 17 days agoNo offer date stated
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3+1Bedrooms
2Bathrooms
6Parking
1100-1500Sq ft

About this home

The Perfect 3+1 Bedroom & 2 Bathroom Detached* South Of Kingston Road & Surrounded By Multi-Million-Dollar Homes* Premium 55 X 138 Ft Deep Lot W/ Ultimate Privacy & No Neighbors Behind* Move In Ready Home* Where You Can Live Or Rent* Eventually Build Your Dream Home* Building Permit Issued For A Brand-New 3,004 Sqft Above-Grade Detached Home W/ 2-Car Garage* Enjoy Approximately 2,000 Sqft Of Living W/ Rare Main Floor Primary Bedroom* Ideal For Multi-Generational Living* Massive Living & Dining Areas Perfect For Entertaining* Large Sun Filled Window Overlooking Front Yard* Brand New Main Floor Kitchen W/ Tall White Cabinetry* Quartz Counters* Modern Backsplash* Undermount Sink Overlooking The Backyard & All-New Appliances* New Vinyl Flooring Throughout Key Living Areas* Smooth Ceilings Throughout * Crown Molding* Modern LED Pot Lights* Upgraded 4PC Bathroom On 2nd* All Spacious Bedrooms W/ Closet Space* Finished Basement W/ Separate Entrance* Large Sun-Filled Windows* Brand-New Kitchen Cabinets* Double Sink* Extendable Faucet & New Appliances* Excellent In-Law Suite Or Income Potential* Modern Black Windows * Beautifully Landscaped Backyard W/ Interlocked Seating Area Leading To Separate Basement Entrance* Large Garden Shed* New Eavestroughs* Newly Sealed Private Driveway W/ Ample Parking* An Exceptional Move-In Ready Home* Premium Lot & Permit-Ready Development Opportunity In One Of Scarborough's Most Desirable Neighborhoods* Must See! Don't Miss*

Key facts

Property type
Detached, 2-Storey
MLS®
E13856858
Bedrooms
3+1 (4 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
55 × 137.79 ft
Cross streets
South Of Kingston & MCcowan
Parking
6 parking
Driveway
Private
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,437 / 2025
Days on market
17
Listing brokerage
HOMELIFE EAGLE REALTY INC.

Rooms

BedroomBasement3.35 × 3.35 m

vinyl floor · large window · closet

Bedroom 3Second3.96 × 3.35 m

vinyl floor · window · closet

BreakfastMain5.18 × 2.74 m

vinyl floor · led lighting · combined w/kitchen

Living RoomMain5.79 × 3.35 m

vinyl floor · pot lights · open concept

Dining RoomMain5.79 × 3.35 m

vinyl floor · large window · combined w/living

KitchenMain5.18 × 2.74 m

vinyl floor · quartz counter · stainless steel appl

Bedroom 2Second3.04 × 4.26 m

vinyl floor · window · closet

Primary BedroomMain3.04 × 3.35 m

vinyl floor · window · closet

RecreationBasement5.48 × 5.33 m

open concept · large window · combined w/kitchen

Our TakeTeam Asgarian · Broker
A small discount is typical
$965Klikely sale price

Listed at $998,800. Going by how homes in Cliffcrest and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $965K, if it sells. A realistic range is $905K to $1.09M.

Independent value check: $966K. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $905K and $1.01M).

Why $966K. The typical detached home sold in Cliffcrest over the past year went for about $950K (81 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $5,437 a year; the typical home sold here pays about $4,500.
  • ▲ Raises it slightlyThe listing presents it as a home to renovate or rebuild.
List price
$905KBelow recent closings$1.09MAbove recent closings

Total price vs nearby homes. Likely closing about $965K, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$915Kmedian sold price
94%of asking, on average
−19%prices vs a year ago
~28 dayshomes like this take to sell
17days on market so far
$3,364/moest. rent · 23 leases
4.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 2 months of inventory: 19 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $768/sqft against an area asking average of $739/sqft.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Cliffcrest: 26 of the 93 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.03M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Cliffcrest, so I widened the search to the surrounding area.

Based on 29 comparable homes that sold in Cliffcrest over the past two years, from 187 closings there.

What sellers nearby are askingCurrently listed nearby in Cliffcrest · asking prices
$955kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $966K, which is where my estimate comes from.

Per square foot, these ask about $702/sqft; this home lists at $768/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home909k1.10M1.10M819k850kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Cliffcrest: $883K in September 2026, down 16% from a year ago, on 73 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.03M11
November 2025$1.16M7
December 2025$933K5
April 2026$929K8
May 2026$936K8
June 2026$813K8
July 2026$990K6
August 2026$853K8
September 2026$883K12

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.

Nearby neighbourhoods

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

Bendale
$949K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Rouge E11
$1.15M
Leaside
$2.15M

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 · 0.7 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
H A Halbert Junior Public School · Public elementary0.3 km · 46% at standard
Bliss Carman Senior Public School · Public elementary0.8 km
Anson Park Public School · Public elementary0.9 km · 60% at standard
St John Henry Newman Catholic High School · Catholic secondary1.4 km · 63% at standard
St Theresa Shrine Catholic School · Catholic elementary1.5 km · 67% at standard
Mason Road Junior Public School · Public elementary1.5 km · 43% at standard
Robert Service Senior Public School · Public elementary1.8 km
St Boniface Catholic School · Catholic elementary1.8 km · 68% at standard
Walter Perry Junior Public School · Public elementary1.9 km · 66% at standard
Chine Drive Public School · Public elementary2.0 km · 90% at standard
John A Leslie Public School · Public elementary2.0 km · 60% at standard
George P Mackie Junior Public School · Public elementary2.1 km · 81% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,552/mo
$191KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$32,902Land transfer tax, one-time (Ontario + Toronto)
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.

91%mortgage
Mortgage $4,552Property tax $453Total carry $5,005

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,418per month

Mortgage amount $799,040 · 4.49% over 25 years

$199,760Down payment (20.0%)
$799,040Loan before insurance
$0CMHC premium
$4,871Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,418
Property tax
$453
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,871

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

One-time closing costs

Ontario land transfer tax
$16,451
Toronto municipal land transfer tax
$16,451
Estimated closing costs
$32,902

Plus your down payment of $199,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,347/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

$526,369Total interest paid
$1,325,409Total of all payments
Principal $799,040 Interest $526,369
YearPrincipalInterestBalance
1$17,831$35,185$781,209
2$18,641$34,376$762,568
3$19,487$33,529$743,081
4$20,372$32,644$722,709
5$21,297$31,719$701,412
6$22,264$30,752$679,148
7$23,275$29,742$655,873
8$24,332$28,685$631,542
9$25,436$27,580$606,106
10$26,591$26,425$579,515
11$27,799$25,218$551,716
12$29,061$23,956$522,655
13$30,380$22,636$492,275
14$31,760$21,257$460,516
15$33,202$19,815$427,314
16$34,709$18,307$392,605
17$36,285$16,731$356,320
18$37,932$15,084$318,388
19$39,655$13,362$278,733
20$41,455$11,561$237,278
21$43,337$9,679$193,940
22$45,305$7,711$148,635
23$47,362$5,654$101,273
24$49,513$3,504$51,761
25$51,761$1,256$0

At the end of your 5-year term

Total paid over the term
$265,082
Principal paid down
$97,628
Interest paid
$167,454
Balance remaining
$701,412

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
From 23 whole-home leases in Cliffcrest$3,364/mo
$40,368Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,183 to $3,938Typical rent range
~20 daysTo find a tenant, on average

The suite is real income here: basements rent in Cliffcrest (26 of 93 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 23 whole-home leases in Cliffcrest signed at a median of $3,332 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,364. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.0%
Gross yield
− Property tax $5,437− Insurance $1,400− Vacancy & upkeep $4,440Net operating income $29,091

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

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