61 Minerva Avenue, Toronto, ON
Cliffcrest, Toronto · MLS® E14080138
About this home
In short
- Welcome to 61 Minerva Avenue, a Monarch-built detached home constructed in 2010, offering 4+2 bedrooms and 5 bathrooms, over 3000+ Sq.
- Upstairs you will find 4 bedrooms, three full bathrooms, and upper level laundry, with two bedrooms featuring private ensuites, including a spacious primary retreat...
- The fully renovated finished basement includes 2 bedrooms, a full bathroom, a kitchenette, a second living room, and two storage rooms, offering excellent flexibility...
- Updates include a brand new furnace in 2025, professionally steam-cleaned carpets, and the home has been fully painted in 2026.
- 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...
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®
- E14080138
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 5 (1 half)
- Size
- 2000-2500 sq ft
- 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
- 4
- Listing brokerage
- LPT REALTY
Rooms
laminate · closet · window
granite counters · stainless steel appl · double sink
electric fireplace · hardwood floor · w/o to garden
large window · large closet · broadloom
combined w/br · broadloom · large window
combined w/family · hardwood floor · large window
laundry sink · combined w/laundry
5 pc ensuite · walk-in closet(s) · large window
ceramic floor · combined w/kitchen
3 pc ensuite · closet · laminate
laminate · closet · window
4 pc ensuite · b/i closet · large window
laminate · stainless steel sink · granite counters
Listed at $1,450,000. 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 $1.40M, if it sells. A realistic range is $1.31M to $1.58M.
Independent value check: $1.36M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.27M and $1.42M).
Why $1.36M. 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 $6,432 a year; the typical home sold here pays about $4,500.
- ▲ Raises it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises it stronglyThe listing describes it as fully renovated or newly built.
- ▲ Raises it4+2 bedrooms and 5 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.40M, from 29 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 7 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $644/sqft against an area asking average of $684/sqft.
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 $1.32M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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
Priced above comparable homes overall, but the price per square foot ($644/sqft) is in line with the area, so you are paying for extra space rather than a premium.
Based on 29 comparable homes that sold in Cliffcrest over the past two years, from 187 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $655/sqft; this home lists at $644/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.03M | 11 |
| November 2025 | $1.16M | 7 |
| December 2025 | $933K | 5 |
| April 2026 | $929K | 8 |
| May 2026 | $936K | 8 |
| June 2026 | $813K | 8 |
| July 2026 | $990K | 6 |
| August 2026 | $853K | 8 |
| September 2026 | $883K | 12 |
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 $1,160,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,414
- Property tax
- $536
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,950
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,475
- Toronto municipal land transfer tax
- $25,475
- Estimated closing costs
- $50,950
Plus your down payment of $290,000. 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
- $384,830
- Principal paid down
- $141,731
- Interest paid
- $243,100
- Balance remaining
- $1,018,269
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 numbersThe last 6 whole-home leases in Cliffcrest signed at a median of $4,143 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,734. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LPT REALTY. MLS®/PropTx.