$899,999Asking Price
Attention builders, investors, and contractors! Exceptional development opportunity in the prestigious Cliffcrest community, south of Kingston Rd. This fully serviced residential lot is approved and ready for development in a sought-after, family-oriented neighbourhood. A rare opportunity to build a custom home in an area surrounded by upscale residences. The seller will provide ready-to-build permits and cover applicable development fees, offering a convenient, shovel-ready opportunity. Building permits are expected on or before closing for a custom home of approximately 2,745 sq. ft., featuring 4+2 bedrooms and 5 washrooms. Ideally located next to R.H. King Academy, Fairmount Public School, the Scarborough Bluffs, and numerous local amenities, this offering is perfect for builders seeking their next signature project or investors looking for a turnkey development in one of Scarborough's most desirable communities.
Attention builders, investors, and contractors! Exceptional development opportunity in the prestigious Cliffcrest community, south of Kingston Rd. This fully serviced residential lot is approved and ready for development in a sought-after, family-oriented neighbourhood. A rare opportunity to build a custom home in an area surrounded by upscale residences. The seller will provide ready-to-build permits and cover applicable development fees, offering a convenient, shovel-ready opportunity. Building permits are expected on or before closing for a custom home of approximately 2,745 sq. ft., featuring 4+2 bedrooms and 5 washrooms. Ideally located next to R.H. King Academy, Fairmount Public School, the Scarborough Bluffs, and numerous local amenities, this offering is perfect for builders seeking their next signature project or investors looking for a turnkey development in one of Scarborough's most desirable communities.
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Cliffcrest, Toronto is an east Toronto neighbourhood notable for its executives and tradespeople. It has a higher than average population of immigrants from Bangladesh. Residents tend to be older with a significant number of kids aged 10 to 14, youth aged 15 to 24, adults aged 45 to 64 and seniors aged 65 to 74.
Kids Per Family
1.3
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Toronto (50%)
25%
of residents
are renters.
25% renters
Toronto (47%)
38%
of residents are
university grads.
38% university grads
Toronto (48%)Average Household Income
$122K
is the average household
income in the neighbourhood.
Professions
| Sales | 12% |
| Business | 11% |
| Management | 8% |
| Government | 7% |
| Trades | 7% |
35%
of residents were
born outside of Canada.
35% immigrants
Toronto (48%)5.7% from Bangladesh
All-time
1.3% from Bangladesh
Recent
Foreign Languages
| Bengali | 5% |
| Tamil | 3% |
| Tagalog | 2% |
| Mandarin | 1% |
| Cantonese | 1% |
Religions
| Christian | 62% |
| Muslim | 7% |
| Hindu | 7% |
Social Housing Buildings
9
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.