4 Drake Crescent, Toronto E08, ON

$799,000
MLS#:E11886364
3 beds
1 baths
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Cliffcrest. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $799,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Premium 52 x 126 ft lot size
  • Features a ["full"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with ["none"] central cooling and highly efficient radiant heating via oil

Rare opportunity for renovators, builders, and visionaries! This property is being sold **as-is, where-is** with no warranties, offering a chance to transform it into your ideal home in a sought-after location. Situated directly across from Scarboro Crescent Park, this lot features a clear view of Lake Ontario and is surrounded by newly built two-story homes, showcasing the potential of the area. Enjoy being within walking, biking, or driving distance to the stunning Scarborough Bluffs, and take advantage of nearby amenities like St. John Henry Newman Catholic High School, Fairmont Public School, Chine Drive Public School, and local hotspots like Birchmount Stadium, Variety Village, and Cliffside Plaza. Commuting is easy with TTC bus access to Kennedy, Warden, and Victoria Park subway stations, as well as quick access to Kingston Road for a fast route to downtown Toronto. Currently, the home includes 3 bedrooms and 1 bathroom, ready for renovation or redevelopment. This is your chance to secure a prime location with endless potential!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 12, 2024
Sold price information is available to members only
Listed Date12/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size52 × 126 Feet
CountyToronto
Annual Tax$5,815.3
Legal DescriptionPT LT 398 PL 1566 SCARBOROUGH AS IN SC267153; TORONTO, CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeRadiant
Cooling["None"]

Features

Property Features

Clear View, Lake/Pond, Park, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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4 Drake Crescent, Toronto E08, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Cliffcrest, Toronto E08.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$1,159,958

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Fairmount
Public31 Sloley Road, Scarborough, Toronto, Ontario, M1M 1C7
5.7
St Agatha
Public49 Cathedral Bluffs Drive, Scarborough, Toronto, Ontario, M1M 2T6
4.3
St Henry
Public100 Brimley Road, Scarborough, Toronto, Ontario, M1M 3X4
8.0
Anson Park
Public30 MacDuff Crescent, Scarborough, Toronto, Ontario, M1M 1X5
5.3
H A Halbert
Public25 Halbert Place, Scarborough, Toronto, Ontario, M1M 0E1
4.1

Secondary Schools

R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 4 Drake Crescent, Toronto E08, ON M1M 1A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$639,200
Monthly Mortgage$3,714
Property Tax (Est.)$485
Utilities & Maint.$350
Total Monthly Cost$4,549

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E08.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.