$724,900 - 138 August Avenue, Birch Cliff
Detached for Sale in Birch Cliff
- MLS Number
- E13160650
- Property Type
- Detached
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Birch Cliff / Cliffside
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Welcome to 138 August Ave, a meticulously maintained and updated Oakridge bungalow, on a quiet dead end street that has been cherished by the same owners for over forty years. With beautiful attention to detail, this home is move-in ready, offering incredible peace of mind with upgrades including basement waterproofing completed in 2017, some newer windows in 2019, a new roof in 2020, and upgraded attic insulation in 2010. The good sized bedrooms both offer built-in storage with one of the bedrooms featuring a murphy bed and a large closet with a window. The interior is highlighted by two gas fireplaces, one on each level, an updated kitchen overlooking the back yard and a space saving tankless hot water system. This home's layout allows for the easy addition of an extra door to create separate basement living space or finish it off later to double your personal living area. Situated on a beautiful, substantial 34.49ft X 131ft lot, the exterior features an impeccably kept interlock back patio, perfect for entertaining, a small mudroom for convenience and sunny afternoons and is surrounded by abundant green space. Residents enjoy being minutes away from the Oakridge Community Centre, Taylor Creek Park, Dentonia Park Golf Course, Byng Park, the Gus Harris Trail, and the Warden Woods off-leash dog park. With a transit score of 86, a walk score of 79, and a bike score of 74, this location offers seamless access to the Victoria Park Subway and various biking trails. The home is also perfectly positioned for families within the catchment area for Oakridge Junior Public School, Samuel Hearne Middle School, and Birchmount Park Collegiate. Offers anytime.
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Birch Cliff / Cliffside
Birch Cliff / Cliffside is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Birch Cliff / Cliffside
- •Convenient location in Birch Cliff / Cliffside
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Birch Cliff / Cliffside offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
138 August Avenue, Birch Cliff / Cliffside
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1036/sqft, this property is priced in line with current Birch Cliff market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Birch Cliff are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.