51 Sloley Road, Toronto E08

Price: $1,099,000

6 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13635184

Exceptional opportunity to own a beautifully maintained 4-level side split in the highly sought-after Cliffcrest community. Situated on a premium 63.82 x 114.35 ft lot, this spacious home features a 3-bedroom, 2-bathroom main living area plus two additional basement living areas, each with its own private entrance, offering excellent potential for multi-generational living, rental income, or investment use, with the additional basement living areas awaiting applicable municipal approvals. Enjoy beautiful views of Lake Ontario from the kitchen and a functional layout that offers both comfort and flexibility. The lower level includes a 1-bedroom living area with its own kitchen and bathroom, while the basement features a 2-bedroom living area complete with a separate entrance, kitchen, and bathroom. Located within the highly desirable R.H. King Academy and Fairmount Public School catchment areas, this home is also just a short walk to Cathedral Bluffs Park, Cudia Park, and the iconic Bluffer's Park and Beach, where you can enjoy scenic waterfront trails, sandy beaches, playgrounds, splash pads, boating, and breathtaking lake views. With shopping, restaurants, public transit, GO Transit, and major highways all nearby, this property offers outstanding convenience, exceptional versatility, and an incredible opportunity to own in one of Toronto's most desirable lakeside neighbourhoods.

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$1,099,000 - 51 Sloley Road, Scarborough

Detached for Sale in Scarborough

Neighbourhood: Cliffcrest

6Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13635184
Property Type
Detached
Status
active
Days on Site
19
Bedrooms
6
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
DREAM VALLEY REALTY INC.
Description

Exceptional opportunity to own a beautifully maintained 4-level side split in the highly sought-after Cliffcrest community. Situated on a premium 63.82 x 114.35 ft lot, this spacious home features a 3-bedroom, 2-bathroom main living area plus two additional basement living areas, each with its own private entrance, offering excellent potential for multi-generational living, rental income, or investment use, with the additional basement living areas awaiting applicable municipal approvals. Enjoy beautiful views of Lake Ontario from the kitchen and a functional layout that offers both comfort and flexibility. The lower level includes a 1-bedroom living area with its own kitchen and bathroom, while the basement features a 2-bedroom living area complete with a separate entrance, kitchen, and bathroom. Located within the highly desirable R.H. King Academy and Fairmount Public School catchment areas, this home is also just a short walk to Cathedral Bluffs Park, Cudia Park, and the iconic Bluffer's Park and Beach, where you can enjoy scenic waterfront trails, sandy beaches, playgrounds, splash pads, boating, and breathtaking lake views. With shopping, restaurants, public transit, GO Transit, and major highways all nearby, this property offers outstanding convenience, exceptional versatility, and an incredible opportunity to own in one of Toronto's most desirable lakeside neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

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5%20%50%

5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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: Cliffcrest

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

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

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.

70
Walk Score
Varies
Price Range

51 Sloley Road, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,993

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

Competitive Pricing

At $733/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 19 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 6 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 4 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.

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    51 Sloley Road, Scarborough Town Centre | $1,099,000 | Battaglia Team