$1,500,000
↓ $277,700 from $1,777,700
Est. payment $6,642/moCalculate yours
87 Cedar Brae Boulevard SE, Toronto, ON M1J 2K5
Eglinton East, Scarborough, ON M1J 2K5
- 4 Beds
- 2 Baths
- 2 Garage
- 1,500 Sq Ft
Listing courtesy of VALERY REAL ESTATE INC. MLS® E13761804
About this home
***Estate Sale *** A RARE OPPORTUNITY IN ONE OF SCARBOROUGH’S ESTABLISHED POCKETS A rare opportunity to acquire an exceptionally large residential parcel in an established Scarborough neighbourhood.Set among mature trees, established homes and nearby ravines, this nearly half-acre property offers a Muskoka-like sense of privacy and retreat within the city while remaining well connected to Toronto.The existing approximately 1,500 sq. ft. bungalow provides a starting point, but the land is the opportunity. Potential uses may include renovating the existing home, building a custom residence, creating a multigenerational home, or exploring multiplex and longer-term redevelopment opportunities, subject to zoning, approvals and the buyer’s independent due diligence. CONNECTED TO THE CITY Approximately a 15-minute walk / 5-minute drive to Eglinton GO StationApproximately 1.7 km to the future McCowan Road Subway StationClose to parks, ravines, schools, shops and TTC serviceEstablished residential setting with mature streetscapes and generous properties
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Half, Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Septic
Lot & Parking
- Lot Size
- 75.33 x 249 Feet
- Parking
- Attached garage · 8 total
- Zoning
- RD*374
Financial
- Property Taxes
- $6,666 (2025)
Location
- Neighbourhood
- Eglinton East
- Cross Street
- Bellamy / Lawrence
- Direction Faces
- South
Listing
- MLS® Number
- E13761804
- Days on Market
- 39
- Listed On
- 2026-09-09
- Possession
- Estate sale. Vacant property
- Listed By
- VALERY REAL ESTATE INC.
Rooms
Features
Interior
- Auto Garage Door Remote
- Water Heater
- Water Meter
Pool
- Outdoor
- Inground
- Rental items
- Hot water tank
Mortgage calculator
Estimated mortgage payment
$6,642 per month
- Principal and interest
- $6,642
- Property tax
- $556
- Condo fees
- $0
- Estimated monthly cost
- $7,197
Your mortgage
- Mortgage amount
- $1,200,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $792,503
Cash to close
- Down payment
- $300,000
- Land transfer tax (Ontario + Toronto)
- $52,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $352,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.