$1,238,800 - 71 South Bonnington Avenue, Birch Cliff
Multi-Family for Sale in Birch Cliff
New — Listed 3 days ago- MLS Number
- E13425862
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Birch Cliff / Cliffside
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to 71 South Bonnington Ave in the sought-after Birch Cliff/Cliffside community, this beautifully renovated 2-storey home offers a rare opportunity w 3/self-contained living spaces, exceptional flexibility for extended families, investors, or live in one with additional living spaces offering excellent income potential to help offset mortgage costs.. Each unit features modern finishes, renovated kitchens & stylish bathrooms, all freshly painted & move-in ready. The 2-bed upper-level suite is a true showstopper, featuring high ceilings, spectacular chef-inspired kitchen w/oversized island, high-end finishes, and a seamless open-concept flow into a warm & welcoming living area. The main floor continues the impressive design with a spacious 2 bed layout, a family-sized kitchen, and walkout to a private backyard oasis w/in-ground pool. The fully renovated lower level offers a comfortable 1-bed + 1 den suite with multiple windows, including a large egress window, providing excellent natural light & added flexibility. Set on a beautifully landscaped corner lot, the home enjoys a peaceful setting, w/window views framed by mature trees & a calm streetscape, creating a sense of openness, quiet & privacy. It features a fully fenced backyard, inground pool & a private driveway w/parking for 4 cars. Upgrades include most windows, furnace, roof & more. Located just steps to schools, GO station, grocery stores, parks, a playground, baseball diamonds, & community centre w/pool & skating rink, this family-friendly location offers everything within easy reach, convenient access to transit, the Beaches, & downtown TO. Don't miss out on this rare turnkey opportunity offering space & flexibility. Live in one unit in this great family-friendly neighbourhood and supplement your mrtge costs with approx$45,000/ yr in income for the 2 units!
Estimate your monthly payments for this property
Estimated Payment
$5,479.63/mo
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.
71 South Bonnington 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 $826/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.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Birch Cliff.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,162 (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.