47 Preston Street, Toronto E06

Price: $979,888

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E12911278

***FULLY RENOVATED GEM IN ONE OF TORONTO'S MOST SOUGT-AFTER NEIGHBOURHOODS*** This 3 Bed & 2 Bath detached home has been extensively upgraded throughout, offering quality upgrades worth of $$$ and showcasing exceptional details. Perfectly set among custom homes, it combines classic charm with contemporary comfort in a family-friendly, highly desirable community. Arrive to a newly built front porch that adds a curb appeal before entering the main floor, which welcomes you with a spacious foyer featuring pot lights and a smooth flow into a bright living and dining area, perfect for entertaining or family gatherings. Spacious kitchen area offers both functionality and privacy, featuring a new sliding door walk-out to the newly built deck and fully fenced backyard that provides privacy, comfort, and space for entertaining or quiet evenings. Backyard shed adds extra storage. Updated bathroom on main level adds everyday convenience. Upstairs, you'll find 3 bedrooms and an updated bathroom, creating family-friendly layout. Throughout the home, you'll find fully upgraded flooring, with hardwood throughout the living & dining area and 2nd level, complemented by ceramic tile in the kitchen, foyer, and bathrooms for lasting style and function. Fully upgraded kitchen features custom marble countertops, a designer ceramic backsplash, new faucet and stove, freshly painted cabinets, and pot lights that enhance its refined design. The home has been fully painted and features all-new lights, creating a bright and refreshed atmosphere throughout. Additional upgrades include new doors and windows, new stucco exterior and gutters, all reflecting meticulous attention to detail. Located just minutes from Lakeshore, Highview Park and schools. Easy access to the beach, Scarboro GO, Subway, Bluffs, shops, cafes, and restaurants. Experience the perfect combination of modern upgrades, lasting quality, and prime Toronto living! ***OFFERS ANYTIME***

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$979,888 - 47 Preston Street, Birch Cliff

Detached for Sale in Birch Cliff

85 days on market
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E12911278
Property Type
Detached
Status
active
Days on Site
85
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Birch Cliff / Cliffside
Lot Size
3,750 sqft
Listing Brokerage
REALTY WEALTH GROUP INC.
Description

***FULLY RENOVATED GEM IN ONE OF TORONTO'S MOST SOUGT-AFTER NEIGHBOURHOODS*** This 3 Bed & 2 Bath detached home has been extensively upgraded throughout, offering quality upgrades worth of $$$ and showcasing exceptional details. Perfectly set among custom homes, it combines classic charm with contemporary comfort in a family-friendly, highly desirable community. Arrive to a newly built front porch that adds a curb appeal before entering the main floor, which welcomes you with a spacious foyer featuring pot lights and a smooth flow into a bright living and dining area, perfect for entertaining or family gatherings. Spacious kitchen area offers both functionality and privacy, featuring a new sliding door walk-out to the newly built deck and fully fenced backyard that provides privacy, comfort, and space for entertaining or quiet evenings. Backyard shed adds extra storage. Updated bathroom on main level adds everyday convenience. Upstairs, you'll find 3 bedrooms and an updated bathroom, creating family-friendly layout. Throughout the home, you'll find fully upgraded flooring, with hardwood throughout the living & dining area and 2nd level, complemented by ceramic tile in the kitchen, foyer, and bathrooms for lasting style and function. Fully upgraded kitchen features custom marble countertops, a designer ceramic backsplash, new faucet and stove, freshly painted cabinets, and pot lights that enhance its refined design. The home has been fully painted and features all-new lights, creating a bright and refreshed atmosphere throughout. Additional upgrades include new doors and windows, new stucco exterior and gutters, all reflecting meticulous attention to detail. Located just minutes from Lakeshore, Highview Park and schools. Easy access to the beach, Scarboro GO, Subway, Bluffs, shops, cafes, and restaurants. Experience the perfect combination of modern upgrades, lasting quality, and prime Toronto living! ***OFFERS ANYTIME***

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,027.33/mo

Includes CMHC insurance ($27,339)

$
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5%10%50%

5-yr fixed avg.

Principal: $881,899Interest: $598,962
Mortgage Amount$909,238
Total Interest$598,962
Est. Property Tax$694/mo
Total Cost$1,508,200

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

47 Preston Street, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$694
Insurance (est.)-$204
Net Cash Flow+$1,902

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

Fair Market Value

At $891/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.

Negotiation Opportunity

At 85 days on site, this property has exceeded the typical selling timeline for Birch Cliff. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

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 $4,083 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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