81 Brooklawn Avenue, Toronto E08

Price: $899,999

0 bedrooms, 0 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13507468

Attention builders, investors, and contractors! Exceptional development opportunity in the prestigious Cliffcrest community, south of Kingston Rd. This fully serviced residential lot is approved and ready for development in a sought-after, family-oriented neighbourhood. A rare opportunity to build a custom home in an area surrounded by upscale residences. The seller will provide ready-to-build permits and cover applicable development fees, offering a convenient, shovel-ready opportunity. Building permits are expected on or before closing for a custom home of approximately 2,745 sq. ft., featuring 4+2 bedrooms and 5 washrooms. Ideally located next to R.H. King Academy, Fairmount Public School, the Scarborough Bluffs, and numerous local amenities, this offering is perfect for builders seeking their next signature project or investors looking for a turnkey development in one of Scarborough's most desirable communities.

81 Brooklawn Avenue - Detached photo 1 of 1 in Scarborough Town Centre, Ontario
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New Listing
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$899,999 - 81 Brooklawn Avenue, Scarborough

Detached for Sale in Scarborough

New — Listed 7 days ago

Neighbourhood: Cliffcrest

0Beds
0Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13507468
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
0
Bathrooms
0
Square Feet
700 - 1,099 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
RE/MAX ACE REALTY INC.
Description

Attention builders, investors, and contractors! Exceptional development opportunity in the prestigious Cliffcrest community, south of Kingston Rd. This fully serviced residential lot is approved and ready for development in a sought-after, family-oriented neighbourhood. A rare opportunity to build a custom home in an area surrounded by upscale residences. The seller will provide ready-to-build permits and cover applicable development fees, offering a convenient, shovel-ready opportunity. Building permits are expected on or before closing for a custom home of approximately 2,745 sq. ft., featuring 4+2 bedrooms and 5 washrooms. Ideally located next to R.H. King Academy, Fairmount Public School, the Scarborough Bluffs, and numerous local amenities, this offering is perfect for builders seeking their next signature project or investors looking for a turnkey development in one of Scarborough's most desirable communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,617.46/mo

Includes CMHC insurance ($25,110)

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5-yr fixed avg.

Principal: $809,999Interest: $550,129
Mortgage Amount$835,109
Total Interest$550,129
Est. Property Tax$637/mo
Total Cost$1,385,238

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

81 Brooklawn Avenue, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$1,576

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

Premium Pricing

At $1286/sqft, this property is priced above the Scarborough average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    81 Brooklawn Avenue | $899,999 | Battaglia Team