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121 PRESTON STREET, Toronto (Birchcliffe-Cliffside) — listed at $599,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
***Attention Investors & Builders!!*** An Exceptional Opportunity Awaits At 121 Preston St! Situated On A Deep 150-Ft Lot, This Charming Well-Maintained Bungalow Offers Endless Potential For Those Looking To Build Their Dream Home, With Plans Ready For A Magnificent Modern Residence. In The Meantime, The Existing Bungalow Provides A Reliable Income Stream, Offering The Opportunity To Offset Carrying Costs While You Prepare For Future Construction. Located In A Well-Established Scarborough Neighbourhood Surrounded By Parks, Recreation Facilities, Schools & Convenient Transit. Enjoy Easy Access To Woodrow Park, Highview Park & Sandown Park, Along With Multiple Playgrounds, Sports Fields, A Ball Diamond, Splash Pads & Trails Within A 20-Minute Walk. Public Transit Is Also Conveniently Close, With A Street-Level Transit Stop Just A 3-Minute Walk Away & Scarborough GO Approximately 17 Minutes Away. A Fantastic Opportunity To Invest, Build & Create Something Truly Special! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 3.4 x 4.61 meters |
| Sunroom | Main level | 1.34 x 2.93 meters |
| Kitchen | Main level | 3.41 x 2.54 meters |
| Primary Bedroom | Main level | 3.01 x 3 meters |
| Bedroom 2 | Main level | 2.86 x 2.88 meters |
| Study | Main level | 2.85 x 2.57 meters |
| Laundry room | Main level | 2.98 x 1.57 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,506.61, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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.
Who is 121 PRESTON STREET 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.
Is this a good starter home?+
At $599,000, this is priced in starter-home territory for Toronto (Birchcliffe-Cliffside). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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