$599,000
Est. payment $2,652/moCalculate yours
121 Preston Street, Toronto, ON M1N 3N4
Birchcliffe-Cliffside, Scarborough, ON M1N 3N4
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® E13761892
About this home
***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!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Total Rooms
- 7
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Aluminum Siding, Brick Front
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 24.58 x 150 Feet
- Parking
- None garage · 2 total
Financial
- Property Taxes
- $3,507 (2026)
Location
- Neighbourhood
- Birchcliffe-Cliffside
- Cross Street
- Birchmount & Danforth
- Direction Faces
- East
Listing
- MLS® Number
- E13761892
- Days on Market
- 39
- Listed On
- 2026-09-09
- Possession
- 60/90 Days
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Features
Interior
- None
Property
- Park
- School
- Public Transit
- Fenced Yard
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,652 per month
- Principal and interest
- $2,652
- Property tax
- $292
- Condo fees
- $0
- Estimated monthly cost
- $2,944
Your mortgage
- Mortgage amount
- $479,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $316,473
Cash to close
- Down payment
- $119,800
- Land transfer tax (Ontario + Toronto)
- $16,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $136,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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