18 Thatcher Avenue, Toronto, ON

Cliffcrest, Toronto · MLS® E14004590

$1,899,990
For Sale
Listed 6 days agoNo offer date stated
4+1Bedrooms
3Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to this beautifully updated detached home in one of Scarborough's most coveted neighbourhoods, just moments from the breathtaking scenery at Scarborough...
  • 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...
  • The elegant interior is further enhanced by new wrought iron staircase railings, pot lights throughout, updated interior doors, renovated main-floor mudroom with...
  • 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...

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®
E14004590
Bedrooms
4+1 (5 total)
Bathrooms
3 (1 half)
Size
2500-3000 sq ft
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
Days on market
6
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BedroomMain2.82 × 3.33 m

window · hardwood floor

KitchenMain3.91 × 3.07 m

b/i appliances · glass doors · tile floor

BreakfastMain2.79 × 3.81 m

w/o to deck · centre island

Living RoomMain3.76 × 5.11 m

fireplace · pot lights · vaulted ceiling(s)

Bedroom 2Second3.33 × 3.07 m

closet · window · hardwood floor

Bedroom 4Second3.68 × 3.99 m

closet · window · hardwood floor

Bedroom 3Second3.02 × 3.86 m

closet · window · hardwood floor

Primary BedroomSecond13.30 × 6.32 m

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

Dining RoomMain3.76 × 3.84 m

open concept · combined w/living · hardwood floor

Family RoomMain4.17 × 3.81 m

stone fireplace · pot lights · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

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.

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
$900K
Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M

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
Also nearby: 12 more schools within 2.5 km
St John Henry Newman Catholic High School · Catholic secondary0.1 km · 63% at standard
Chine Drive Public School · Public elementary0.7 km · 90% at standard
John A Leslie Public School · Public elementary0.8 km · 60% at standard
St Agatha Catholic School · Catholic elementary1.1 km · 72% at standard
Anson Park Public School · Public elementary1.1 km · 60% at standard
H A Halbert Junior Public School · Public elementary1.4 km · 46% at standard
Norman Cook Junior Public School · Public elementary1.5 km · 56% at standard
Cliffside Public School · Public elementary1.6 km · 54% at standard
Robert Service Senior Public School · Public elementary1.7 km
South East Secondary Alternative School · Public secondary1.9 km
Caring and Safe School 3 · Public secondary1.9 km
Scarborough Centre for Alternative Studi · Public secondary1.9 km

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

Affordability & Mortgage

Affordability
$8,660/mo
$354KIncome needed
5.4×Price ÷ income
$1,998Weekly cost
$68,950Land 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.

93%mortgage
Mortgage $8,660Property tax $677Total carry $9,336

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.

4.49%
%
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)
$8,404per month

Mortgage amount $1,519,992 · 4.49% over 25 years

$379,998Down payment (20.0%)
$1,519,992Loan before insurance
$0CMHC premium
$9,081Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,404
Property tax
$677
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,081

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

One-time closing costs

Ontario land transfer tax
$34,475
Toronto municipal land transfer tax
$34,475
Estimated closing costs
$68,950

Plus your down payment of $379,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,172/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

$1,001,297Total interest paid
$2,521,289Total of all payments
Principal $1,519,992 Interest $1,001,297
YearPrincipalInterestBalance
1$33,920$66,932$1,486,072
2$35,460$65,392$1,450,612
3$37,070$63,782$1,413,543
4$38,753$62,099$1,374,790
5$40,513$60,339$1,334,277
6$42,352$58,500$1,291,925
7$44,275$56,577$1,247,650
8$46,285$54,566$1,201,365
9$48,387$52,465$1,152,978
10$50,584$50,268$1,102,395
11$52,880$47,971$1,049,514
12$55,281$45,570$994,233
13$57,791$43,060$936,442
14$60,415$40,436$876,026
15$63,158$37,693$812,868
16$66,026$34,826$746,842
17$69,024$31,828$677,818
18$72,158$28,694$605,660
19$75,434$25,417$530,226
20$78,859$21,992$451,367
21$82,440$18,412$368,928
22$86,183$14,669$282,745
23$90,096$10,756$192,649
24$94,186$6,665$98,463
25$98,463$2,389$0

At the end of your 5-year term

Total paid over the term
$504,258
Principal paid down
$185,715
Interest paid
$318,543
Balance remaining
$1,334,277

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%Cap rate after taxes and upkeep

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.

3.3%
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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