108 Gradwell Drive, Toronto E08

Price: $1,099,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13810608

Welcome to the highly sought-after Cliffcrest community, where lifestyle and location come together. This meticulously maintained & updated 2-storey home offers over 1,900 sq. ft. (1300 sq. ft. of above ground living, plus 600+ square feet in the basement) of comfortable living space on a premium 40' x 136' lot. Surrounded by mature landscaping, beautiful gardens, lush lawns, a cozy firepit, two garden sheds, & a relaxing hot tub, this property is your own private backyard retreat. Inside, you'll find hardwood floors, an updated kitchen, & bright, inviting living spaces designed for everyday comfort. Step out to the spacious rear deck featuring a custom retractable awning-perfect for entertaining or enjoying quiet summer evenings. The basement offers excellent in-law suite potential with a separate entrance, tall ceilings, an additional bedroom, and a 3-piece bathroom. Amenities surround the Cliffcrest neighbourhood, and getting around the City is easy with 2 GO Train stations (Eglinton and Scarborough Stations) within a 5+ minute drive, TTC at your door step, and only 15 minutes away from the 401 East and West on-ramps. Enjoy being just steps from top-rated schools (RH King / St. Agatha / Fairmount PS), waterfront parks, marinas, restaurants, scenic bike trails, Blue Flag beaches, and the shores of Lake Ontario. Ideal for singles, retirees, small families, or growing families looking to enjoy one of Scarborough's most desirable lakeside neighbourhoods. OPEN HOUSE SATURDAY, OCTOBER 3RD from 2-4PM

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active

$1,099,000 - 108 Gradwell Drive, Scarborough

Detached for Sale in Scarborough

Neighbourhood: Cliffcrest

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
E13810608
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Scarborough Town Centre
Taxes (2025)
$4,917
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to the highly sought-after Cliffcrest community, where lifestyle and location come together. This meticulously maintained & updated 2-storey home offers over 1,900 sq. ft. (1300 sq. ft. of above ground living, plus 600+ square feet in the basement) of comfortable living space on a premium 40' x 136' lot. Surrounded by mature landscaping, beautiful gardens, lush lawns, a cozy firepit, two garden sheds, & a relaxing hot tub, this property is your own private backyard retreat. Inside, you'll find hardwood floors, an updated kitchen, & bright, inviting living spaces designed for everyday comfort. Step out to the spacious rear deck featuring a custom retractable awning-perfect for entertaining or enjoying quiet summer evenings. The basement offers excellent in-law suite potential with a separate entrance, tall ceilings, an additional bedroom, and a 3-piece bathroom. Amenities surround the Cliffcrest neighbourhood, and getting around the City is easy with 2 GO Train stations (Eglinton and Scarborough Stations) within a 5+ minute drive, TTC at your door step, and only 15 minutes away from the 401 East and West on-ramps. Enjoy being just steps from top-rated schools (RH King / St. Agatha / Fairmount PS), waterfront parks, marinas, restaurants, scenic bike trails, Blue Flag beaches, and the shores of Lake Ontario. Ideal for singles, retirees, small families, or growing families looking to enjoy one of Scarborough's most desirable lakeside neighbourhoods. OPEN HOUSE SATURDAY, OCTOBER 3RD from 2-4PM

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,861.25/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Cliffcrest

Discover Cliffcrest

Cliffcrest is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Cliffcrest

  • •Convenient location in Scarborough Town Centre
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Cliffcrest offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

108 Gradwell Drive, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$2,193

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $999/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Scarborough are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough. Good resale value as demand remains consistent.

About Cliffcrest

I know Cliffcrest well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    108 Gradwell Drive | $1,099,000 | Battaglia Team