Welcome to this remarkable land located in the coveted neighborhood of Clairlea-Birchmount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
3431-3449 St Clair Ave E and 67 Elfreda Blvd in Scarborough is located less than a 10 minute walk from Warden Station, the 1-acre Site presents an exciting investment opportunity with redevelopment potential. 3431 St Clair Ave E, which is located at the southeast corner of St Clair Ave E & Elfreda Blvd, has multiple improvements that provide opportunity for a range of users, investors and developers. Included is a 3,890 sq. ft. freestanding structure and a 5,101 sq. ft. strip retail plaza that is currently partitioned with 6 units. 3449 St Clair Ave E, which is located at the southwest corner of St Clair Ave E and Birchmount Rd, is currently vacant and unimproved and provides excellent, high-exposure redevelopment whether on a stand-alone basis or along with the entire Site. 67 Elfreda Blvd is improved with a single detached dwelling on an oversized 5,575 sq. ft. lot., that is currently vacant. Offers to be reviewed starting Thursday, May 7, 2026.
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Data-driven valuation for 3431* St Clair Avenue E, Toronto E04, ON M1L 1W6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.