16 Cliff Street, Toronto, ON
Rockcliffe-Smythe, Toronto · MLS® W13506194
About this home
THOUSANDS SPENT $$ - a new electrical panel has been installed, and new wiring has been updated throughout. The original lead pipe in the home was removed. Discover a truly exceptional opportunity at 16 Cliff Street, a one-of-a-kind property cherished by the same family since 1970's. Set on an incredibly rare 90 x 120 ft lot, this this expansive, expansive, parcel offers a blend of privacy, elevation, and inspiring sight lines, including leafy park views and glimpses of the Toronto skyline. Its unique topography creates architectural possibilities rarely found in the city---whether you envision renovating the existing family home, designing and building a custom dream residence, or unlocking a compelling investment opportunity. Zoned RM (f12.0; u4; d0.8)(x252), the property provides notable flexibility and accommodates accommodates a variety variety of residential forms, supporting long-term potential in a neighbourhood poised for significant growth. The area is rapidly transforming with the arrival of the Eglinton Crosstown LRT, the new Mount Dennis Station, modernized streetscapes, and ongoing community investment. Residents enjoy unbeatable access to numerous parks, pools, playgrounds, skating rinks, recreation centres, libraries, and schools, creating a family-friendly and future-forward environment. With its size, zoning, location, and tremendous versatility, 16 Cliff Street presents presents a rare chance to secure an oversized property in one of Toronto's most promising and up-and-coming pockets--an opportunity not to be missed by end-users, builders, and investors alike!
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- W13506194
- Bedrooms
- 3
- Bathrooms
- 1
- Size
- 700-1100
- Lot
- 90 × 120 ft
- Cross streets
- Lampton and Weston Rd.
- Parking
- 3 parking
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- None
- Exterior
- Aluminum Siding
- Foundation
- Concrete Block, Poured Concrete, Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,426 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
hardwood floor · closet
eat-in kitchen · overlooks backyard · family size kitchen
hardwood floor · closet
4 Pc Bath
hardwood floor · closet
picture window · broadloom · overlooks frontyard
Listed at $850,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $831K, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $700K
- Bathrooms −$15K
- Adjusts to $685K
That comparable adjusts to $685K; the $714K estimate above is the median of all 19 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Dennis Avenue Community School. 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. Lambton Ave at Cashman Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $714K, median of 19 comparables.
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.
- Development potential: upside only if zoning permits, verify with the city before relying on it.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 2% above the area average of $924/sqft.
16 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rockcliffe-Smythe, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Lambton Ave at Cashman Cres, about 106 m away
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $680,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,629
- Property tax
- $286
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,914
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,475
- Toronto municipal land transfer tax
- $13,475
- Estimated closing costs
- $26,950
Plus your down payment of $170,000. 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
- $217,724
- Principal paid down
- $86,598
- Interest paid
- $131,126
- Balance remaining
- $593,402
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 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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.