$1,990,000 - 24 Cedar Brae Boulevard, Scarborough
Detached for Sale in Scarborough
New — Listed 5 days agoNeighbourhood: Eglinton East
- MLS Number
- E13511362
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- HOMELIFE/VISION REALTY INC.
One-of-a-kind custom-built residence on prestigious Cedar Brae Boulevard, offering luxury living in one of Cedarbrae's most sought-after pockets. Thoughtfully designed for luxury living and ideally suited to large or multigenerational families. Set on an impressive 50' x 120' lot, this exceptional home offers 4+3 spacious bedrooms, 6 bathrooms, two kitchens, and a finished walkout basement with a separate entrance. Quality craftsmanship is evident throughout, featuring 10-ft ceilings, ceramic flooring, extensive crown moulding, and custom cabinetry. The chef-inspired kitchen showcases a stunning waterfall island with apron-front sink, 36" gas cooktop, built-in wall oven, premium finishes, and a walk-out to the large rear deck-perfect for entertaining. The expansive primary suite features a private balcony with unobstructed views, while the walkout lower level includes three large bedrooms, a second kitchen, and outstanding flexibility for extended family or potential rental income. Additional highlights include a smart garage door opener, smart thermostat, smart doorbell, exterior security camera system, an extended driveway with ample parking, and a prime location just minutes to Eglinton GO Station, TTC, excellent schools, parks, shopping, and community amenities. A rare opportunity to own a quality custom home in one of Scarborough's most sought-after neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$8,802.44/mo
5-yr fixed avg.
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.
Discover Eglinton East
Eglinton East 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 Eglinton East
- •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
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
Eglinton East 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.
24 Cedar Brae Boulevard, Scarborough Town Centre
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $663/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Scarborough.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.