87 Cedar Brae Boulevard
Toronto E08, ON
- 4 bed
- 2 bath
- approx. 1500-2000 sqft
- Detached
- 9 days on market
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.
Listing Details
- Taxes (2025)
- $6,666
- 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
- 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
- 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
- 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
- $810,000
- Homes sold
- 367
- Median days on market
- 24
- Sale-to-list price
- 97.9%
Based on 367 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
$355,540
Estimated Monthly Payment
$8,733
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: $8,733/mo (20% down, 5.5%)
Taxes: $556/mo · Insurance: $444/mo
Estimates only. Consult a financial advisor.
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