8 Wolcott Avenue, Toronto E06

Price: $899,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13019534

Welcome to this beautifully upgraded, move-in ready home on a rare oversized lot with 6 car parking & expansive backyard. Offering exceptional indoor/outdoor living outstanding potential: separate basement entrance for future in-law suite or rental income & a versatile garage with heat & hydro for storage and/or workshop use. Garage also qualifies for the largest possible garden suite-ideal for rental income, multigenerational living & exceptional added value. The bright, welcoming living room features a large front window & architectural wall cutouts, creating an open, seamless main floor flow. Renovated kitchen includes quartz countertops, stainless appliances, recessed & under-cabinet lighting. Sliding doors lead to sun deck, private stone patio & lovely low-maintenance landscaped gardens. Two main floor bedrooms offer closets plus updated 4pc washroom offers new vanity, faucet, lighting & shelving. Enjoy ultimate relaxation in the deep soaker tub. The finished basement offers flexibility with a large rec room, cozy fireplace, high ceiling & huge above-grade window overlooking the backyard. A third bedroom features extensive built-in storage. Second washroom includes step-in shower w/glass enclosure, new vanity & faucet, plus two surprisingly deep B/I cabinets. Separate side entry supports in-law suite or future apartment potential. Ample storage throughout: six closets, two deep cabinets & built-ins. The impressive multi-zone garage offers parking, high-capacity storage & workshop potential, with built-in counters, cabinetry, loft storage & secure, dual-access rear storage. Clean concrete floors, three entry doors, bright lighting & gas heater. Prime location near transit, shopping, restaurants, rec centres, places of worship, trails, parks & the iconic Scarborough Bluffs. Close to two GO stations, two beaches & highway. A rare turn-key opportunity with long-term value.

8 Wolcott Avenue - Detached photo 1 of 33 in Birch Cliff / Cliffside, Ontario
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active
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$899,000 - 8 Wolcott Avenue, Birch Cliff

Detached for Sale in Birch Cliff

78 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13019534
Property Type
Detached
Status
active
Days on Site
78
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Birch Cliff / Cliffside
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to this beautifully upgraded, move-in ready home on a rare oversized lot with 6 car parking & expansive backyard. Offering exceptional indoor/outdoor living outstanding potential: separate basement entrance for future in-law suite or rental income & a versatile garage with heat & hydro for storage and/or workshop use. Garage also qualifies for the largest possible garden suite-ideal for rental income, multigenerational living & exceptional added value. The bright, welcoming living room features a large front window & architectural wall cutouts, creating an open, seamless main floor flow. Renovated kitchen includes quartz countertops, stainless appliances, recessed & under-cabinet lighting. Sliding doors lead to sun deck, private stone patio & lovely low-maintenance landscaped gardens. Two main floor bedrooms offer closets plus updated 4pc washroom offers new vanity, faucet, lighting & shelving. Enjoy ultimate relaxation in the deep soaker tub. The finished basement offers flexibility with a large rec room, cozy fireplace, high ceiling & huge above-grade window overlooking the backyard. A third bedroom features extensive built-in storage. Second washroom includes step-in shower w/glass enclosure, new vanity & faucet, plus two surprisingly deep B/I cabinets. Separate side entry supports in-law suite or future apartment potential. Ample storage throughout: six closets, two deep cabinets & built-ins. The impressive multi-zone garage offers parking, high-capacity storage & workshop potential, with built-in counters, cabinetry, loft storage & secure, dual-access rear storage. Clean concrete floors, three entry doors, bright lighting & gas heater. Prime location near transit, shopping, restaurants, rec centres, places of worship, trails, parks & the iconic Scarborough Bluffs. Close to two GO stations, two beaches & highway. A rare turn-key opportunity with long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

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5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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: Birch Cliff / Cliffside

Discover Birch Cliff / Cliffside

Birch Cliff / Cliffside 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 Birch Cliff / Cliffside

  • 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

Birch Cliff / Cliffside 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

8 Wolcott Avenue, Birch Cliff / Cliffside

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,976

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

Premium Pricing

At $1284/sqft, this property is priced above the Birch Cliff average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 78 days on site, this property has exceeded the typical selling timeline for Birch Cliff. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    8 Wolcott Avenue, Birch Cliff / Cliffside | $899,000 | Battaglia Team