Half-Acre Bungalow on Cedar Brae Blvd in Scarborough

Property details for 87 Cedar Brae Boulevard Se, Toronto

Type: Residential
Style: Bungalow
Bedrooms: 4
Bathrooms: 2
Lot Size: 75.3 x 249 FT ; 75.33ft x 249 ft
Stories: 1
Basement: None, Other, See Remarks, N/A
Parking: Attached Garage, Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $6,666

This is a land play more than a house play. You're looking at a 1,500 sq ft bungalow sitting on a 75.33 x 249 ft lot-just under half an acre in Scarborough's established Cedar Brae pocket. Asking price is $1,777,700, which is steep, but you're paying for what's below the bungalow. The 4-bed, 2-bath home itself is dated, needs work, and is being sold as-is from an estate. But the real potential is the land. Zoned RD*374, there's room to expand, rebuild, or explore multiplex options. You've got 8 parking spots, which gives you an idea of the frontage. The lot's deep, the trees are mature, and it feels private, even though you're minutes from the GO station. Eglinton GO is a 15-minute walk or 5-minute drive. Future McCowan subway is about 1.7 km away. Scarborough Town Centre is 3.3 km, and Cedarbrae Mall is right at 1 km. The house has central air, a fireplace, and attached garage, but let's be real-you're here for the dirt. This is a rare find in Toronto. If you're imagining a new build, a family compound, or a land hold, this is your canvas.

About 87 Cedar Brae Boulevard Se, Toronto — Property Score

Great Location

Score: 59/100

Value

Priced 38% above area median of $1,288,000 based on 713 comparable properties nearby 13

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 fewer than similarly priced 5-bedroom homes nearby 48

2 bathrooms - 1 fewer than similarly priced properties nearby 48

18,750 sqft lot - an oversized lot for the area 90

Location

$83K median household income - above the Canadian average of $70K 72

71% of residents hold postsecondary credentials - a highly educated neighbourhood 80

90% homeownership rate - indicating a stable, owner-occupied community 93

44% of residents commute under 30 minutes - good commuting convenience 65

1,673/km² population density - a well-balanced suburban area 87

Market

Just listed - area average is 58 days on market 100

-99.1% median price change over 1 month - declining prices in the area 1

37.5 months of housing supply - 2961 active listings with 79 sold last month (buyer's market) 40

Features

8-car garage - more than the area average of 4.2 spots 95

None, Other, See Remarks, N/A basement 30

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Pool - premium features that add significant value 65

Investment

0.37% effective tax rate ($6,666/yr) - very low tax burden 89

16% renter population - primarily owner-occupied area 49

Quality

Condition

Listing

13 photos provided - below the area average of 36 photos 75

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.