31 Thora Avenue, Toronto E06

Price: $639,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Semi-Detached

MLS#: E13855862

STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity? This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner!Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at home. The separate, formal kitchen is a dream for those who love to cook (and a great place to close the door and hide the mess!). With tons of cupboard and counter space, there is plenty of room for family meals and entertaining friends. The main floor keeps getting better. One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.Need more room? You've got it! The basement offers excellent ceiling height and above-grade windows, making it incredibly versatile for guests, in-laws, family, a home office or additional living space. Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted use and requirements. Outside, you've got a mutual drive, parking and a sizeable garage - a rare and valuable bonus in the city.And then there's the location! You get the best of both worlds - tucked into a great neighbourhood while being just minutes from the funky shops, restaurants and cafés of Kingston Road/Upper Beach-with the Danforth right at the end of the street. TTC is close by, and a quick walk gets you to the GO Train, making commuting to the core a breeze. Add in great schools, parks, shopping, big-box stores and plenty of everyday conveniences, and you've got a home that checks a whole lot of boxes.Whether you're a first-time buyer, downsizer, investor or simply looking for a great place to call home, 31 Thora Avenue is one you don't want to miss!

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active
New Listing

$639,900 - 31 Thora Avenue, Birch Cliff

Semi-Detached for Sale in Birch Cliff

New — Listed 5 days ago

Neighbourhood: Oakridge

2Beds
2Baths
700 - 1,099Sq Ft
Semi-Detached

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Property Details
MLS Number
E13855862
Property Type
Semi-Detached
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Birch Cliff / Cliffside
Taxes (2025)
$3,341
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

STOP THE SEARCH-YOUR PERFECT STARTER HOME IS HERE!Tired of paying rent when you could be building equity? This super-cute 2-bedroom, 2-bathroom semi-detached bungalow is packed with possibilities and ready for its next owner!Step inside to a bright, open-concept living and dining area featuring spectacular new flooring - the perfect space for relaxing, entertaining and making yourself at home. The separate, formal kitchen is a dream for those who love to cook (and a great place to close the door and hide the mess!). With tons of cupboard and counter space, there is plenty of room for family meals and entertaining friends. The main floor keeps getting better. One bedroom offers a walkout to a spacious deck and private backyard, creating an ideal spot for morning coffee, summer BBQs or simply enjoying your own outdoor space.Need more room? You've got it! The basement offers excellent ceiling height and above-grade windows, making it incredibly versatile for guests, in-laws, family, a home office or additional living space. Plus, with a separate entrance, kitchen and 3-piece bathroom, there is potential for a secondary living arrangement or rental opportunity - buyer to verify permitted use and requirements. Outside, you've got a mutual drive, parking and a sizeable garage - a rare and valuable bonus in the city.And then there's the location! You get the best of both worlds - tucked into a great neighbourhood while being just minutes from the funky shops, restaurants and cafés of Kingston Road/Upper Beach-with the Danforth right at the end of the street. TTC is close by, and a quick walk gets you to the GO Train, making commuting to the core a breeze. Add in great schools, parks, shopping, big-box stores and plenty of everyday conveniences, and you've got a home that checks a whole lot of boxes.Whether you're a first-time buyer, downsizer, investor or simply looking for a great place to call home, 31 Thora Avenue is one you don't want to miss!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,283.02/mo

Includes CMHC insurance ($17,853)

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5%10%50%

5-yr fixed avg.

Principal: $575,910Interest: $391,142
Mortgage Amount$593,763
Total Interest$391,142
Est. Property Tax$453/mo
Total Cost$984,906

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.

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Neighbourhood Guide: Oakridge

Discover Oakridge

Oakridge 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 Oakridge

  • •Convenient location in Birch Cliff / Cliffside
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Oakridge 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.

70
Walk Score
Varies
Price Range

31 Thora Avenue, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$1,814

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $914/sqft, this property is priced in line with current Birch Cliff 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.

Just Listed - Act Strategically

This property hit the market within the last week. In Birch Cliff's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Birch Cliff 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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Oakridge

I know Oakridge 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.

Investment Perspective

Looking at this as an investment: Birch Cliff properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    31 Thora Avenue, Birch Cliff / Cliffside | $639,900 | Battaglia Team