87 Cedar Brae Boulevard
Toronto E08, ON
- 4 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
***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
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,666
- Originally Listed
- $1,777,700
- Listed
- September 9, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Unknown
- Interior
- Auto Garage Door Remote, Water Heater, Water Meter
- Lot Size
- 75.33 x 249 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 8
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bellamy / Lawrence
- Zoning
- RD*374
- Parcel Number
- 063660001
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Rental Items
- Hot water tank
Schools
Elementary
- St Rose of Lima Catholic School0.7 km
Catholic · Toronto CDSB · 400 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 46% met the provincial standard
- Cedarbrook Public School0.7 km
Public · Toronto DSB · 370 students
Grade 3 reading: 33% met the provincial standard · Grade 6 math: 39% met the provincial standard
- Académie Alexandre-Dumas0.9 km
French public · CS Viamonde · 185 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 65% met the provincial standard
Secondary
- Cedarbrae Collegiate Institute1 km
Public · Toronto DSB · 1170 students
Grade 10 literacy: 72% met the provincial standard
- ÉSC Père-Philippe-Lamarche1.4 km
French Catholic · CS catholique MonAvenir · 280 students
Grade 10 literacy: 91% met the provincial standard
- David and Mary Thomson Collegiate Institute1.9 km
Public · Toronto DSB · 1225 students
Grade 10 literacy: 72% met the provincial standard
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 M1J
- Population
- 37,002
- Private dwellings
- 13,253
- Median age
- 37.6
- Average household size
- 2.9
- Median household income
- $76,500
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 E08 · last 12 months
- Median sold price
- $806,750
- Homes sold
- 360
- Median days on market
- 24
- Sale-to-list price
- 97.6%
Based on 360 recorded sales of residential freehold properties in Toronto E08 over the last 12 months.
Rooms
2-piece on Ground, 4-piece on Ground
Main
- Bathroom8'1" x 5'7"
- Bathroom6'6" x 4'
- Bedroom8'8" x 9'4"
- Bedroom 212'1" x 11'4"
- Bedroom 310'2" x 9'7"
- Bedroom 411'4" x 9'
- Dining Room25'6" x 13'1"
- Kitchen15'5" x 9'7"
- Laundry7' x 3'11"
- Living Room21'8" x 17'7"
Listed by
VALERY REAL ESTATE INC.
Walk Score
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Location
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Mortgage Calculator
$300,000
Estimated Monthly Payment
$7,369
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: $7,369/mo (20% down, 5.5%)
Taxes: $556/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
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