108 Gradwell Drive, Toronto, ON
Cliffcrest, Toronto · MLS® E13223552
About this home
Welcome to the highly sought-after Cliffcrest community, where lifestyle and location come together. This meticulously maintained & updated 2-storey home offers over 1,900 sq. ft. (1300 sq. ft. of above ground living, plus 600+ square feet in the basement) of comfortable living space on a premium 40' x 136' lot. Surrounded by mature landscaping, beautiful gardens, lush lawns, a cozy firepit, two garden sheds, & a relaxing hot tub, this property is your own private backyard retreat. Inside, you'll find hardwood floors, an updated kitchen, & bright, inviting living spaces designed for everyday comfort. Step out to the spacious rear deck featuring a custom retractable awning-perfect for entertaining or enjoying quiet summer evenings. The basement offers excellent in-law suite potential with a separate entrance, tall ceilings, an additional bedroom, and a 3-piece bathroom. Amenities surround the Cliffcrest neighbourhood, and getting around the City is easy with 2 GO Train stations (Eglinton and Scarborough Stations) within a 5+ minute drive, TTC at your door step, and only 15 minutes away from the 401 East and West on-ramps. Enjoy being just steps from top-rated schools (RH King / St. Agatha / Fairmount PS), waterfront parks, marinas, restaurants, scenic bike trails, Blue Flag beaches, and the shores of Lake Ontario. Ideal for singles, retirees, small families, or growing families looking to enjoy one of Scarborough's most desirable lakeside neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13223552
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 40.2 × 136.87 ft
- Cross streets
- Kingston Rd & Gradwell
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Separate Entrance, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $4,917 / 2025
- Days on market
- 46
- Listing brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
Rooms
closet · hardwood floor
large window · crown moulding · hardwood floor
closet · hardwood floor
Broadloom
closet · hardwood floor
walk-out · crown moulding · hardwood floor
large window · double closet · hardwood floor
Listed at $1,180,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.10M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.10M
- Bathrooms −$15K
- Adjusts to $1.08M
That comparable adjusts to $1.08M; the $1.08M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is R H King Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Barkdene Hills at Gradwell Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.08M, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 12% above the area average of $812/sqft.
45 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Barkdene Hills at Gradwell Dr, about 224 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $944,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,038
- Property tax
- $410
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,447
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,075
- Toronto municipal land transfer tax
- $20,075
- Estimated closing costs
- $40,150
Plus your down payment of $236,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $302,252
- Principal paid down
- $120,219
- Interest paid
- $182,033
- Balance remaining
- $823,781
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.