55 Colonial Avenue, Toronto E08, ON

$1,250,000
MLS#:E11899418
8 beds
3 baths
6.0 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 and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,250,000 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.

  • 8 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 50.06 x 150.18 ft lot size
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Accessory Apartment, Carpet Free
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Stunning 3-bedroom bungalow located in the highly desirable Cliffcrest neighborhood, set on anexpansive 50x150 premium lot with a backyard oasis. The bright and spacious main floorfeatures a large, modern kitchen with a massive center island and hardwood flooringthroughout. Includes a separate 1-bedroom in-law suite offering potential rental income. Thebasement boasts 4 additional bedrooms with laminate flooring, providing a versatile layoutsuitable for multi-family living or a large family. Conveniently close to schools, shopping,transit, and parks.

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Key Features

Bedrooms
8
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 10, 2025
Sold price information is available to members only
Listed Date12/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size50.06 × 150.18 Feet
CountyToronto
Annual Tax$3,342.67
Legal DescriptionPCL 23-1, SEC M625 ; LT 23, PL M625 ; SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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55 Colonial Avenue, Toronto E08, ON
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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 55 Colonial Avenue, Toronto E08, ON M1M 2C4

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,000,000
Monthly Mortgage$5,810
Property Tax (Est.)$279
Utilities & Maint.$350
Total Monthly Cost$6,439

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cliffcrest, Toronto E08.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,240,846

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

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-Occupied48%
Rented52%

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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.