221 Clonmore Drive, Toronto E06

Price: $799,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13142444

Beautifully Renovated Bungalow Situated On A Large Lot With Private Driveway! This Charming Home Features A Bright Open-Concept Main Floor With Front Hall Closet, Stylish Renovated Kitchen Complete With Stone Countertops & Centre Island, Two Spacious Bedrooms With Closets.The Bright & Spacious Lower-Level Suite Offers A Separate Side Entrance And Walk-Out, Plus Access To A Large Laundry Area With Ample Storage. Basement Is Currently Tenanted And Generating $1,800 Per Month, With Tenant Willing To Stay - An Excellent Income Opportunity For Investors Or End Users. Vacant Possession Is Also Available. Enjoy A Large Private Fenced Backyard In A Fantastic Family-Friendly Neighbourhood And School District. Conveniently Located Close To Schools, Parks, Shopping, TTC, Subway, The Beach, And The Vibrant Shops & Restaurants Along Danforth, Kingston Rd & Queen St. A Turnkey Home With Excellent Income Potential In A Highly Desirable Location!

221 Clonmore Drive - Detached photo 1 of 25 in Birch Cliff / Cliffside, Ontario
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New Listing
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$799,900 - 221 Clonmore Drive, Birch Cliff

Detached for Sale in Birch Cliff

New — Listed 3 days ago
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13142444
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Birch Cliff / Cliffside
Listing Brokerage
RE/MAX EXPERTS
Description

Beautifully Renovated Bungalow Situated On A Large Lot With Private Driveway! This Charming Home Features A Bright Open-Concept Main Floor With Front Hall Closet, Stylish Renovated Kitchen Complete With Stone Countertops & Centre Island, Two Spacious Bedrooms With Closets.The Bright & Spacious Lower-Level Suite Offers A Separate Side Entrance And Walk-Out, Plus Access To A Large Laundry Area With Ample Storage. Basement Is Currently Tenanted And Generating $1,800 Per Month, With Tenant Willing To Stay - An Excellent Income Opportunity For Investors Or End Users. Vacant Possession Is Also Available. Enjoy A Large Private Fenced Backyard In A Fantastic Family-Friendly Neighbourhood And School District. Conveniently Located Close To Schools, Parks, Shopping, TTC, Subway, The Beach, And The Vibrant Shops & Restaurants Along Danforth, Kingston Rd & Queen St. A Turnkey Home With Excellent Income Potential In A Highly Desirable Location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

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5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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.

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Neighbourhood Guide: Birch Cliff / Cliffside

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

221 Clonmore Drive, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,066

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1143/sqft, this property is priced above the Birch Cliff average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Birch Cliff's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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