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226 OAKRIDGE DRIVE, Toronto (Cliffcrest) — listed at $875,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Legal Basement !!! Exceptional Opportunity on a Premium 50 x 150 Ft Lot Near the Scarborough Bluffs! Discover this beautifully updated detached home offering the perfect blend of comfortable living, investment potential, and future development opportunities. Featuring 3+2 bedrooms and 3 Full bathrooms, this property boasts a renovated kitchen (2025), stainless steel appliances, and a modern, Renovated 2-bedroom Basement with a Separate Entrance and Legal Building Permit, which Providing Extra Income when you Rent out. Enjoy an expansive backyard with a stunning deck, updated fencing, and a customized, raised shed with skylight and 4 x 8 ft loft storage. Extensive upgrades include eaves, furnace and A/C , laundry set, 200-amp electrical service (2020), and upgraded insulation (2023). Conveniently located near the Scarborough Bluffs and University of Toronto Scarborough campus, with easy access to public transit and walking distance to GO Train service. Easy Access To All Essentials (Groceries, Banks, Restaurants, Schools and Parks etc.Ideal for families, investors, and builders seeking a comfortable move-in-ready home on a generous lot with exciting future possibilities. Live in, rent out, or explore the potential for a custom rebuild or garden suite, subject to municipal approvals. A Rare Opportunity With Endless Potential! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.25 x 3.54 meters |
| Dining room | Main level | 3.61 x 2.43 meters |
| Kitchen | Main level | 3.55 x 3.2 meters |
| Bedroom 3 | Main level | 3.5 x 2.98 meters |
| Primary Bedroom | Upper Level | 3.97 x 3.84 meters |
| Bedroom 2 | Upper Level | 3.76 x 2.99 meters |
| Living room | Basement | 3.68 x 2.52 meters |
| Kitchen | Basement | 3.68 x 2.93 meters |
| Bedroom 4 | Basement | 3.58 x 2.73 meters |
| Bedroom 5 | Basement | 3.28 x 2.38 meters |
What's the parking situation?+
This property includes 3 spaces — No Garage.
Is 226 OAKRIDGE DRIVE a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 1.5-storey layout keeps living and sleeping areas separated.
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 are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,350.65, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, 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.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
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