30A Cedar Drive, Toronto E08

Price: $1,299,000

7 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13669062

Location! Location!! Absolutely Spectacular And Stylish Residence That Boasts An Open Concept Floor Plan With 10 Ft. Main Flr Ceiling, Stunning Chef's Kitchen W Gas Stove, Quartz Counters, & Large Island Opens Up To Fabulous Family Rm. Open Riser Oak Staircase Leads Up To 4 Generous Bedrooms. Master Br W 5 Pc Ensuite Bath & W/I Closet. Adorned With California Shutters, Skylight, Elegant Light Fixtures & Fireplace. Lower Level W 3 Bedrooms, Rec Room, 3 Pce Bath & W/O To Fenced Yard. Income Potential, Option To Build Nanny Quarter. Huge Backyard, Close To Public School, TTC Bus Service, Shopping Plaza, Metro Store, and Community Centre, Place Of Worship. Ideal Location Rare to Find. Tesla car charge is installed in the house

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$1,299,000 - 30A Cedar Drive, Scarborough

Detached for Sale in Scarborough

Popular Listing

Neighbourhood: Scarborough Village

7Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13669062
Property Type
Detached
Status
active
Days on Site
11
Bedrooms
7
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
RE/MAX METROPOLIS REALTY
Description

Location! Location!! Absolutely Spectacular And Stylish Residence That Boasts An Open Concept Floor Plan With 10 Ft. Main Flr Ceiling, Stunning Chef's Kitchen W Gas Stove, Quartz Counters, & Large Island Opens Up To Fabulous Family Rm. Open Riser Oak Staircase Leads Up To 4 Generous Bedrooms. Master Br W 5 Pc Ensuite Bath & W/I Closet. Adorned With California Shutters, Skylight, Elegant Light Fixtures & Fireplace. Lower Level W 3 Bedrooms, Rec Room, 3 Pce Bath & W/O To Fenced Yard. Income Potential, Option To Build Nanny Quarter. Huge Backyard, Close To Public School, TTC Bus Service, Shopping Plaza, Metro Store, and Community Centre, Place Of Worship. Ideal Location Rare to Find. Tesla car charge is installed in the house

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,745.92/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,039,200Interest: $684,575
Mortgage Amount$1,039,200
Total Interest$684,575
Est. Property Tax$920/mo
Total Cost$1,723,775

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.

Ready to get pre-approved?

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Neighbourhood Guide: Scarborough Village

Discover Scarborough Village

Scarborough Village 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 Scarborough Village

  • 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

Scarborough Village 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

30A Cedar Drive, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$920
Insurance (est.)-$271
Net Cash Flow+$3,559

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

Competitive Pricing

At $520/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.

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.

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 5 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.

About Scarborough Village

I know Scarborough Village 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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    30A Cedar Drive, Scarborough Town Centre | $1,299,000 | Battaglia Team