












87 Cedar Brae Boulevard SE
Eglinton East, Toronto
$1,777,700
A RARE LAND OPPORTUNITY IN ONE OF SCARBOROUGH'S ESTABLISHED POCKETS Estate Sale | As-Is, Where-Is 19,396.55 SQ. FT. | NEARLY 0.5 ACREA true Muskoka-like retreat in the city, where mature trees, privacy and tranquillity create arare sense of escape on an exceptionally large residential parcel.Located on Cedar Brae Blvd, an established residential street in Scarborough, the property offers something increasingly difficult to find in Toronto: nearly half an acre of land within an established neighbourhood.The opportunity extends beyond the existing home. The land itself is the asset. Generous frontage, mature trees, established homes and nearby ravines create a private,natural setting that feels remarkably removed from the pace of the city while remaining well connected to transportation, amenities and the broader Toronto network.THE FEELING OF A RETREAT. THE CONNECTIONS OF THE CITY. The property combines the scale and privacy of an estate-like setting with convenient cityaccess. Approximately:15-minute walk / 5-minute drive to Eglinton GO Station1.7 km to the future McCowan Road Subway StationClose to parks, ravines, schools, shops and TTC service Within an established community characterized by mature streetscapes and generous properties Space and privacy, without giving up access to the city. A PROPERTY WITH POSSIBILITIES The scale and setting may appeal to builders, developers, investors and end users with different objectives.Potential strategies may include: Renovate the existing home Rebuild a custom residence designed around the property Create a multigenerational residenceExplore multiplex or multifamily opportunities Investigate longer-term redevelopment potential Acquire and hold as a land investment The appropriate strategy will depend on the buyer's objectives, applicable zoning, municipal requirements, approvals and independent due diligence.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,666 |
| Lot Size | 75.33 ft x 249 ft |
| mls© Number | E13761804 |
| Listed By | VALERY REAL ESTATE INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,099
- Property tax
- $556
- Heat allowance
- $150
- Housing costs
- $9,805 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$302,000
gross annual household income
- Payment at 4%
- $7,481 / mo
- Cash down
- $355,540
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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