The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 61 Minerva Avenue, a Monarch-built detached home constructed in 2010 to LEED H standards in Monarch's Evergreen community, offering 4+2 bedrooms, 5 bathrooms and over 3,000 sq. ft. of finished living space designed to keep utility bills lower. The bright main level features hardwood floors, living and dining rooms, a breakfast area, and a family-sized kitchen with granite countertops, upgraded cabinetry, stainless steel appliances and a double sink. Upstairs offers 4 bedrooms, 3 full bathrooms and laundry, including two ensuites and a primary retreat with walk-in closet, glass-door shower, and a connected second bedroom ideal as a nursery or office. The renovated basement adds 2 bedrooms, a full bathroom, a kitchenette, second living room and two storage rooms, with future potential to legalize as a secondary suite by adding a separate entrance. Outside, enjoy one of the neighbourhood's deepest lots, a large backyard, an upgraded garden shed and a double car garage with electric opener. Updates include a new furnace (2025), basement renovation (2018), newer appliances, & a full professional paint (2026). Located in sought-after Cliffcrest near RH King Academy, TTC, shopping, parks and Scarborough GO, with an approximate 20-minute ride to Union Station. This investor-ready home has been leased at $4,750/month ($57,000/Year) + all utilities to AAA tenants starting December 1, 2026, ideal for investors or move-up buyers planning to upgrade in a few years who want rental income while they wait.
Property Details
Listing
MLS® number
E14129414
Status
For Sale
Listed
Oct 29, 2026
Last updated
Oct 29, 2026
Possession
Flexible
Building
Type
Detached
Style
2-Storey
Approx. age
6-15
Approx. size
2,000–2,500 ft²
Basement
Finished
Lot
Frontage
34.45 ft
Depth
131.99 ft
Lot area
≈ 4,547 ft² (calculated)
View
South
Community
Cliffcrest
Parking & utilities
Garage
Built-In, Garage, 2 spaces
Driveway
Private Double, 4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$6,432 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
LPT REALTY
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 4
Bedrooms below grade: 2
Kitchens: 1 above grade · 1 below grade
Basement: Finished
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Exterior
Pool features: None
Property features: Fenced Yard, Park, Public Transit, School, Rec./Commun.Centre, Hospital
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$5,396/mo
Mortgage (principal + interest)$4,860
Property taxFrom listing: $6,432/yr$536
Minimum $104,900 down for this price; the slider moves in whole percent, starting at 9%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$259,800
Ontario land transfer taxProvincial brackets, no first-time refund$22,455
Toronto land transfer taxMunicipal brackets, no first-time refund$22,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$307,510
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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