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$1,888,000Asking Price

38 Cresthaven Dr E

Hillcrest Village - North York, Toronto

Detached
3 + 2
Bedrooms
4
Baths
5
Parking
Days on Market

Attention families! Incredible opportunity! Conveniently located near top-rated schools & Seneca College, next to Cresthaven PS! Walking distance to Go Train! 2.5 min. walk to TTC Bus Station! Steps to Public Library and Tim Hortons for your morning Coffee. Act fast! Huge Potential in North York, Toronto. Ideal for families or investors not currently qualified for conventional mortgage with assumption of current tenancy agreement & high rental income. Don't miss out on this value-packed easy mortgage qualifier property / redevelopment opportunity in a sought-after neighborhood! Charming, fully renovated 3+2 Bdrm (5 beds in total), 4 Bath side-split with the largest deck in town & amazing outdoor space, ideal for entertaining. Rented fully furnished! Don't miss out! Attention: Investors and developers | Income Property $5,500 monthly rental income + Utilities. Ideal for lower income buyers to qualify for a mortgage to buy now before prices are up to the roof, refinance after the mortgage rates are much down later in 2025. Can build 3 units, each with their own civic address: 1 Tristan Cres, 36 & 38 Cresthaven Drive (without severence). Rebuild 3 units incl. garden suite on sloped lot, setback is less than the current building's widest area which is great! Prime location with new mansions nearby.

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Attention families! Incredible opportunity! Conveniently located near top-rated schools & Seneca College, next to Cresthaven PS! Walking distance to Go Train! 2.5 min. walk to TTC Bus Station! Steps to Public Library and Tim Hortons for your morning Coffee. Act fast! Huge Potential in North York, Toronto. Ideal for families or investors not currently qualified for conventional mortgage with assumption of current tenancy agreement & high rental income. Don't miss out on this value-packed easy mortgage qualifier property / redevelopment opportunity in a sought-after neighborhood! Charming, fully renovated 3+2 Bdrm (5 beds in total), 4 Bath side-split with the largest deck in town & amazing outdoor space, ideal for entertaining. Rented fully furnished! Don't miss out! Attention: Investors and developers | Income Property $5,500 monthly rental income + Utilities. Ideal for lower income buyers to qualify for a mortgage to buy now before prices are up to the roof, refinance after the mortgage rates are much down later in 2025. Can build 3 units, each with their own civic address: 1 Tristan Cres, 36 & 38 Cresthaven Drive (without severence). Rebuild 3 units incl. garden suite on sloped lot, setback is less than the current building's widest area which is great! Prime location with new mansions nearby.

Key Info

  • Backsplit Detached
  • 4-Car Driveway
  • 1-Car Attached Garage
  • Leslie And Finch
  • 1100-1500 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • Basement: Crawl Space, Finished
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 55 x 120 Feet
  • Aluminum Siding/Brick Exterior
  • No Waterfront Access
  • Taxes were $5,709 in 2023
  • Possession: 33 days! TBA

Details

  • No Fireplace
  • Family Room
  • Lower Laundry
  • Sewers
  • Municipal Water
  •  
  • MLS #C8248040
  • ZEN HOME REALTY

Extras

  • If rebuild, a corner lot with 3m Cresthaven setback, exceeding current wall width enabling a large build of 39.25ft width, typical luxury dimensions when building it facing Tristan CRES. Sold last time in Aug. 2017 (MLS No. C3764302).
Room Floor Dimensions Details
1 Primary Bedroom Upper 9.25' x 11.48' 4-PieceEnsuite, Laminate, O/Looks Park
2 2nd Bedroom Upper 14.99' x 8.99' Laminate, O/Looks Park
3 3rd Bedroom Upper 10.56' x 10.01' 2-PieceBath, Laminate, Double Closet
4 4th Bedroom Lower 10.99' x 8.99' Laminate, Above Grade Window
5 5th Bedroom Lower 10.24' x 8.20' Laminate, Above Grade Window
6 Kitchen Ground 12.01' x 9.22' Above Grade Window, O/Looks Garden, Walkout To Garden
7 Living Room Ground 14.99' x 8.99' Large Window, O/Looks Park, Laminate
8 Dining Room Ground 9.84' x 9.78' Crown Moulding, Laminate
9 Family Room Lower 16.47' x 7.81' Laminate
Washroom2 4-Piece Bathrooms on Upper
Washroom1 2-Piece Bathroom on Upper
Washroom1 2-Piece Bathroom on Lower

Who lives here?

Hillcrest Village - North York, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from China and Hong Kong, and Cantonese and Mandarin speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 45 to 54 and 45 to 54 and seniors aged 65 to 79.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

45% of residents are
single and loving it.

45% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

24% of residents
are renters.

24% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

58% of residents are
university grads.

58% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$115K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 11%
Sales 11%
Sciences 9%
Government 6%
Management 5%

Immigrants

67% of residents were
born outside of Canada.

67% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 25.5% of immigrants.
Hong Kong 7.6%
India 4.6%
Iran 4.3%
South Korea 2.3%

25.5% from China
All-time

Birthplace - Recent

China was once home to 3.7% of immigrants.
Iran 0.5%
Philippines 0.5%
India 0.4%
South Korea 0.3%

3.7% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 19%
Cantonese 16%
Persian 4%
Korean 3%
Chinese 2%

Religions

Religions

Christian 40%
Muslim 6%
Jewish 6%
Buddhist 4%
Hindu 2%

Social Housing

Social Housing Buildings

6

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)