78 Allister Avenue, Toronto E08

Price: $699,900

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13434702

Welcome to 78 Allister Ave., near by the intersection of Kingston Rd. & McCowan Rd., known as Cliffcrest. This detached 3-bedroom home is ready and waiting for renovation and personal touches to bring back the sparkle, and you will have made a smart investment. Large combined living/dining room featuring hardwood floors and a large picturesque window. Separate side entrance to a potential in-law suite. Partially finished basement featuring a large recreation room, stone wall fireplace, and a large sliding glass walk-out door to a 45 x 156 lot with endless opportunity for a vegetable garden or swimming pool. Conveniently located, near schools, parks, retail shopping, Eglinton "GO' Station, places of worship, and Toronto Transit buses. Don't miss out on this great opportunity!

78 Allister Avenue - Detached photo 1 of 4 in Scarborough Town Centre, Ontario
78 Allister Avenue - Detached photo 2 of 4 in Scarborough Town Centre, Ontario
78 Allister Avenue - Detached photo 3 of 4 in Scarborough Town Centre, Ontario
78 Allister Avenue - Detached photo 4 of 4 in Scarborough Town Centre, Ontario
active
New Listing
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$699,900 - 78 Allister Avenue, Scarborough

Detached for Sale in Scarborough

New — Listed 2 days ago
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13434702
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Welcome to 78 Allister Ave., near by the intersection of Kingston Rd. & McCowan Rd., known as Cliffcrest. This detached 3-bedroom home is ready and waiting for renovation and personal touches to bring back the sparkle, and you will have made a smart investment. Large combined living/dining room featuring hardwood floors and a large picturesque window. Separate side entrance to a potential in-law suite. Partially finished basement featuring a large recreation room, stone wall fireplace, and a large sliding glass walk-out door to a 45 x 156 lot with endless opportunity for a vegetable garden or swimming pool. Conveniently located, near schools, parks, retail shopping, Eglinton "GO' Station, places of worship, and Toronto Transit buses. Don't miss out on this great opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

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5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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: Scarborough Town Centre

Discover Scarborough Town Centre

Scarborough Town Centre 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 Scarborough Town Centre

  • Convenient location in Scarborough Town Centre
  • 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

Scarborough Town Centre 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

78 Allister Avenue, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$2,558

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

Competitive Pricing

At $636/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Scarborough'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 Scarborough 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (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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    78 Allister Avenue, Scarborough… — $699,900 | Battaglia Team