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10 THATCHER AVENUE, Toronto (Cliffcrest) — listed at $749,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rare opportunity in the highly sought-after Scarborough Bluffs community! Situated south of Kingston Rd on an impressive approximately 40 x 135 ft lot, this unique property spans two streets, with frontage on Thatcher Ave and rear access from Brimley Rd., with no residential property directly behind. Offering exceptional potential for builders, developers, contractors, investors, or first-time buyers ready to put some love into a detached home and make it their own. The existing two-bedroom home also features a very large unfinished basement with a separate entrance, offering excellent storage and significant potential for future living space, subject to municipal approvals. Renovate the existing home, explore an addition, finish the basement, or consider future redevelopment possibilities on this large and distinctive lot. Located on a quiet street where properties rarely become available, surrounded by mature trees, established residences, and many newly built custom homes. Minutes from Bluffer's Park Marina, beaches, waterfront trails, parks, schools, colleges, shopping, TTC service along Kingston Rd, and Scarborough GO Station, with convenient access to downtown Toronto. A property with land, location, and tremendous potential-whether you are looking to create your first home, undertake your next renovation project, or build something new. Property is being sold in as-is condition. Buyers to conduct their own due diligence regarding future use, basement conversion, and development potential. Some Pictures Are Virtually Staged (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.1 x 3.1 meters |
| Kitchen | Main level | 3.9 x 2.2 meters |
| Primary Bedroom | Main level | 3 x 3 meters |
| Bedroom 2 | Main level | 3 x 2.2 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,906, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full, Separate entrance, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Who is 10 THATCHER AVENUE best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Could this work as an investment property?+
The basement description mentions: Unfinished, Full, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Cliffcrest) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 2 spaces — No Garage, Tandem.
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