87 Cedar Brae Boulevard SE, Toronto, ON M1J 2K5

$1,777,700
4
BD
2
BA
1,500
SqFt

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List Price
$1,777,700
MLS#
E13761804
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
4
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Eglinton East
Subdivision
Bellamy / Lawrence

Property Description

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.

Additional Information

Taxes
$6,666
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
1
Exterior
Brick
Garage Spaces
2
Garage Type
Attached
Pool
Outdoor, Inground
Parking Spaces
8
Parking Type
Private Double

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Calculator source: Real Geeks

Listing courtesy of VALERY REAL ESTATE INC..