Exceptional opportunity to acquire a high-potential land-holding in the heart of Blackburn Hamlet. This massive 53' x 223' deep parcel is perfectly positioned for "Missing Middle" intensification. Redevelopment. Zoning: Currently R4Z with Official Plan NB3 re-designation proposal, specifically supporting multi-unit residential projects. Rare 223+ ft depth provides a substantial footprint for creative, high-density site plans. Backs directly onto NCC Greenspace (FAC Zoning), offering privacy and a premium "park-like" backdrop-a massive value-add for future resale/rentals. Municipal water, sewer, and gas are already on-site serving a occupied home. Ideally located in a "15-minute neighborhood" walking distance to Greenbelt trails, transit, and schools. While you secure permits and site plan approval, the existing detached home serves as a functional income-generating rental or holding property. Properties of this scale with direct NCC adjacency and favorable zoning are increasingly rare. Don't miss this strategic addition to your portfolio.
4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $841 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 2478 Cleroux Cres
Every detail from the listing, in one place.
Type
Land
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished with Walk-Out, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished with Walk-Out · Finished
Lot & land
Lot size (sqft)
11281
Listing & possession
Property style
2-Storey
Property class
Vacant Land
2478 Cleroux Cres Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,544
/mo
based on the purchase price of $925,000
$185,000 cash
$740,000 financed
$623,274 total interest
Principal54%$740,000
Interest46%$623,274
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 2478 Cleroux Cres
Market pulse · Blackburn Hamlet
Median sold price$590,000Last 90 days
Average days on market24Homes sold in about 24 days on average.
Sale-to-list ratio98.5%On average, homes sold below asking.
Active listings22Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 33 sales from Jul 24 – Oct 22, 2026 (24 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2478 Cleroux Cres is listed at $925,000 (MLS® X12910086). Summitly updates the price as soon as the MLS® record changes.
Is $925,000 a good price for 2478 Cleroux Cres?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Blackburn Hamlet. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2478 Cleroux Cres changed?
Yes — it was first listed at $985,000 and is now $925,000, a drop of $60,000 (6.1%).
How many bedrooms and bathrooms does 2478 Cleroux Cres have?
2478 Cleroux Cres has 4 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a lot in Blackburn Hamlet.
Is 2478 Cleroux Cres close to transit?
The nearest rapid-transit station is Blair Station (O-Train Line 1), about 4.8 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 2478 Cleroux Cres?
About $4,544 a month — principal and interest on $925,000 with 20% down ($185,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2478 Cleroux Cres compare with other homes in Blackburn Hamlet?
Its asking price of $925,000 is about 57% above the median sold price in Blackburn Hamlet over the last 90 days, $590,000, across 33 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2478 Cleroux Cres been sold before?
Summitly has no earlier MLS® sale or lease of 2478 Cleroux Cres on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2478 Cleroux Cres?
2478 Cleroux Cres is in Blackburn Hamlet, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2478 Cleroux Cres been on the market?
213 days — 2478 Cleroux Cres was listed on March 23, 2026.
What is the price per square foot of 2478 Cleroux Cres?
About $617 to $841 per square foot: the asking price of $925,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 2478 Cleroux Cres have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.