38 Cresthaven Dr E, Toronto

38 Cresthaven Dr E

Toronto, Hillcrest Village
Cross St: Leslie And Finch
Detached | Backsplit 3 | Freehold

$1,888,000/ For Sale

Taxes : $5,710/2023
Bed : 3+2 | Bath : 4
Kitchen: 1

Details | 38 Cresthaven Dr E

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.

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).

Property Details:
  • HOOD : Hillcrest Village
  • Approx. Age : 31-50
  • Lot : 55.00 x 120.00 Feet
  • Fronting On : S
  • MLS #: C8248040
  • Pool : None
  • Taxes : $5,710 / 2023
  • Zoning : Residential
  • Exterior : Alum Siding / Brick
  • Water : Municipal
  • Sewer : Sewers
  • Amenities Nearby : Clear View, Fenced Yard, Hospital, Library, Park, Public Transit,
  • Building Details:
  • Sqft : 1100-1500
  • Bedroom : 3 + 2
  • BATH : 4
  • KITCHEN : 1
  • FAMILY ROOM : Y
  • BASEMENT : Crawl Space/Finished
  • APRX AGE : 31-50
  • GARAGE : Attached/1.0
  • PARKING SPACES : 4
  • HEATING : Forced Air/Gas
  • A/C : Central Air
  • FIRE PLACE : N
  • Room Details:

    Room Level Length (m) Width (m) Description 1 Description 2 Description 3
    Prim Bdrm Upper 2.82 3.50 Laminate 4 Pc Ensuite O/Looks Park
    2nd Br Upper 4.57 2.74 Laminate O/Looks Park
    3rd Br Upper 3.22 3.05 Laminate 2 Pc Bath Double Closet
    4th Br Lower 3.35 2.74 Laminate Above Grade Window
    5th Br Lower 3.12 2.50 Laminate Above Grade Window
    Kitchen Ground 3.66 2.81 O/Looks Garden Above Grade Window W/O To Garden
    Living Ground 4.57 2.74 O/Looks Park Large Window Laminate
    Dining Ground 3.00 2.98 Laminate Crown Moulding
    Family Lower 5.02 2.38 Laminate

    Listed By: ZEN HOME REALTY

    Neighbourhood Details: Hillcrest Village

    Hillcrest Village is a neighbourhood located in the district of North York at the northernmost tip of the city of Toronto, Ontario, Canada. Hillcrest Village is considered by some to be part of the Don Valley Village, the neighbourhood directly to the south; however, it is quite distinct. It is bordered by Finch to the South, Leslie Street to the West, Steeles to the North and Victoria Park to the East. Both neighbourhoods share the Don Valley as a point of reference in the Eastern border of the neighbourhoods. Hillcrest Village is home to one of Toronto's most popular Chinese areas. The top ethnicity in the area is by far Chinese and most recent immigrants to the area continue to arrive from China, Hong Kong and Korea. While there is social housing in the area and a large percentage of residents earning low incomes, many residents earn incomes in the top tax brackets. The 75%+ home ownership rate is another indicator of affluence in the area. However, with considerable little change to the lower income class in one of the census tracks, many people from the middle income class are gradually moving up to the upper income class. For comparison reasons, one of the census tracks within Hillcrest has roughly 64% of immigrant, 34% non-immigrant, and 2% non-permanent residents in the 2011 National Household survey. With a small increase in immigrant numbers from 2006, it is quite unnoticeable considering the large number of residents within Hillcrest Village. The Don Valley provides an interesting hillside landscape in the East end of the neighbourhood. In conjunction with Duncan Creek and numerous parks the area has some natural splendour to enjoy. Public transit in this area is only bus routes. Most of these are operated by the TTC, including the 42 Cummer, 53 Steeles East, 51 Leslie, 25 Don Mills, 39 Finch East, and 24 Victoria Park bus routes. YRT buses run along Don Mills Road en route to York Region, and also serve Seneca College's Newnham Campus.
    - Source: en.wikipedia.org
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    KAZI HOSSAIN
    Sales Representative
    Right At Home Realty Inc.
    "Serving The Community For Over 17 Years!"
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