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Renanza Realty
For sale

87 CEDAR BRAE BOULEVARD SE

Toronto (Eglinton East), Ontario

MLS® E13761804

$1,777,700

Status
Active
Property type
House
MLS® number
E13761804
Bedrooms
4
Bathrooms
2
Year built

Listing description

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.

Property summary

MLS® number
E13761804
Property type
Single Family
Building type
House
Title
Freehold
Land size
75.3 x 249 FT ; 75.33ft x 249 ft
Annual property taxes
$6,666.00
Parking
8 spaces · Attached Garage, Garage
Days on market
3 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
None, Other, See Remarks, N/A
Appliances
Water meter, Garage door opener remote(s), Water Heater
Exterior features
Brick
Pool
Inground pool, Outdoor pool
Architectural style
Bungalow

What would this home cost you?

Based on the $1,777,700 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,271 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of VALERY REAL ESTATE INC., VAUGHAN.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.