$929,900 - 226 Oakridge Drive, Scarborough
Detached for Sale in Scarborough
Neighbourhood: Cliffcrest
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- MLS Number
- E13812316
- Property Type
- Detached
- Status
- active
- Days on Site
- 15
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Taxes (2026)
- $4,351
- Listing Brokerage
- NU STREAM REALTY (TORONTO) INC.
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!
Estimate your monthly payments for this property
Estimated Payment
$4,770.87/mo
Includes CMHC insurance ($25,944)
5-yr fixed avg.
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.
Discover Cliffcrest
Cliffcrest 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 Cliffcrest
- •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
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
Cliffcrest 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.
226 Oakridge Drive, Scarborough Town Centre
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $845/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Scarborough.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Cliffcrest
I know Cliffcrest well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.