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Listed 1 month ago

61 Minerva Avenue

Cliffcrest, Toronto

$1,549,000

Detached|2-Storey
4 | 5 | 6
About this home

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.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style2-Storey
Approx. Age6-15
Size2000-2500 sq. ft.
Property Tax$6,432
Lot Size34.45 ft x 131.99 ft
mls© NumberE13519074
Listed ByLPT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,928
Property tax
$536
Heat allowance
$150
Housing costs
$8,614 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $309,800
25-yr amortization

Income needed

$265,000

gross annual household income

Payment at 4%
$6,518 / mo
Cash down
$309,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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