121 Preston Street
Toronto E06, ON
- 2 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
- 11 days on market
***Attention Investors & Builders!!*** An Exceptional Opportunity Awaits At 121 Preston St! Situated On A Deep 150-Ft Lot, This Charming Well-Maintained Bungalow Offers Endless Potential For Those Looking To Build Their Dream Home, With Plans Ready For A Magnificent Modern Residence. In The Meantime, The Existing Bungalow Provides A Reliable Income Stream, Offering The Opportunity To Offset Carrying Costs While You Prepare For Future Construction. Located In A Well-Established Scarborough Neighbourhood Surrounded By Parks, Recreation Facilities, Schools & Convenient Transit. Enjoy Easy Access To Woodrow Park, Highview Park & Sandown Park, Along With Multiple Playgrounds, Sports Fields, A Ball Diamond, Splash Pads & Trails Within A 20-Minute Walk. Public Transit Is Also Conveniently Close, With A Street-Level Transit Stop Just A 3-Minute Walk Away & Scarborough GO Approximately 17 Minutes Away. A Fantastic Opportunity To Invest, Build & Create Something Truly Special!
Virtual Tour
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Listing Details
- Taxes (2026)
- $3,507
- Listed
- September 9, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Aluminum Siding, Brick Front
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- None
- Lot Size
- 24.58 x 150 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Birchmount & Danforth
- Parcel Number
- 064440192
- Possession
- 60-89 days
- Occupancy
- Tenant
Schools
Elementary
- Birch Cliff Heights Public School0.5 km
Public · Toronto DSB · 430 students
Grade 3 reading: 66% met the provincial standard · Grade 6 math: 52% met the provincial standard
- J G Workman Public School0.6 km
Public · Toronto DSB · 180 students
Grade 3 reading: 68% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Cliffside Public School0.8 km
Public · Toronto DSB · 160 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 9% met the provincial standard
Secondary
- Birchmount Park Collegiate Institute1 km
Public · Toronto DSB · 905 students
Grade 10 literacy: 72% met the provincial standard
- St John Henry Newman Catholic High School1.9 km
Catholic · Toronto CDSB · 915 students
Grade 10 literacy: 81% met the provincial standard
- Caring and Safe School 32.4 km
Public · Toronto DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M1N
- Population
- 22,976
- Private dwellings
- 10,056
- Median age
- 44.8
- Average household size
- 2.4
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto E06 · last 12 months
- Median sold price
- $890,000
- Homes sold
- 305
- Median days on market
- 15
- Sale-to-list price
- 99.3%
Based on 305 recorded sales of residential freehold properties in Toronto E06 over the last 12 months.
Rooms
4-piece on Main
Main
- Bedroom 29'5" x 9'5"
- Kitchen11'2" x 8'4"
- Laundry9'9" x 5'2"
- Living Room11'2" x 15'1"
- Primary Bedroom9'11" x 9'10"
- Study9'4" x 8'5"
- Sunroom4'5" x 9'7"
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$119,800
Estimated Monthly Payment
$2,943
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,943/mo (20% down, 5.5%)
Taxes: $292/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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