List of New Condos in Cliffcrest Neighbourhood

Why Invest in Cliffcrest Real Estate?

Cliffcrest is a former Scarborough suburb located east of the central core. The neighborhood is bounded by Bellamy Road to the east, Midland Avenue to the west, the Canadian National Railway to the north, and Lake Ontario to the south. This is an established neighbourhood, and the tree-lined streets exudes a cottage vibe. The housing style varies on the lake side of Kingston Road. Homes built between the 1940s and 1950s come in a variety of layouts, including bungalows, story and a half and two-story semi and detached homes. Smaller cottage-style houses with Lake Ontario views have often undergone interesting makeovers, and the existence of a few of well regarded schools has fuelled demand.

Why Buy New Condo Developments in Cliffcrest?

Condos account for just 150 of the 6,094 private residences in this neighbourhood, a figure that is significantly lower than the city average of 26 percent. However, there are a slew of new condo developments sprouting up in abandoned motels and car dealerships along the neighborhood’s main highway. Kingston Road demonstrates that a wave of renovation has arrived in Cliffcrest, igniting a new trend in local housing. Residents of this Scarborough neighborhood may connect with nature by exploring the enormous clay cliffs of Scarborough Bluffs or walking along Highland Creek and appreciating its natural beauty. Furthermore, North York and East York are located to the west of this master-planned neighbourhood.

  • 1
  • 1
  • 1
  • 1

Recreations in Cliffcrest

Along the shore of Lake Ontario, Bluffers Park offers a huge sandy beach and a number of beautiful picnic spots. A marina, boat clubs, and a famous waterfront restaurant are all part of this lakeside park. Bluffers Park is reachable by car through Brimley Road South. At the south end of this neighbourhood, Tots Park has a baseball diamond and a playground for kids. Halbert Park on Cliffcrest’s north end features an outdoor pool and a wading pool. The R.H. King Academy features an indoor pool that is accessible to the public for leisure and instructional swimming at certain hours.

Average Price for Condos in Cliffcrest

Cliffcrest presently has a balanced real estate market, with a medium inventory level of 4 months. Cliffcrest’s average selling price in July 2022 is $1,242,500, with most homes priced between $1M and $1.5M. Cliffcrest is dominated by detached houses, which account for 83% of sales, followed by condos (12%) and townhouses (5%). The majority of homes have three bedrooms. Cliffcrest condos sold for an average of $695,989 in July 2022, up 18.6% from the same month the previous year. Fewer people rent than own their homes, with 45.4% renting against 54.6% owning.