56 Cedar Brae Boulevard, Toronto, ON
Eglinton East, Toronto · MLS® E13491696
About this home
Prestigious Cedar Brae Blvd, known as Scarborough's Rosedale. Welcome to 56 Cedar Brae Blvd, a rare opportunity to own a truly exceptional property in the heart of Eglinton East. Nestled on one of the Scarborough most sought-after streets. This well-maintained home sits on an extraordinary 50 x 250 ft premium lot, a size and setting that rarely become available. Offering over 5,000 sq ft of total living space, this home features 4+3 bedrooms and 5 bathrooms, making it ideal for large families or multi-generational living. The main level offers a spacious, functional layout with bright living and dining areas, an updated kitchen with a generous breakfast area overlooking the backyard, and a walkout to a large deck perfect for indoor-outdoor living. The family room, complete with a fireplace and currently used as a bedroom or office, adds flexibility to suit your needs. An elegant curved staircase with open risers and custom wrought-iron pickets adds architectural character throughout. The primary bedroom retreat features a walk-in closet and spacious 6-piece ensuite. Three additional generously sized bedrooms each offer their own walk-in closet, providing exceptional storage and convenience, and are served by a beautifully appointed 5-piece bathroom. The finished basement offers excellent in-law potential with a separate entrance, two kitchens, three bedrooms, and two full bathrooms. Step outside to your private backyard oasis, beautifully landscaped to create a true Muskoka-like retreat in the city. Enjoy a large deck, interlock patio, and expansive green space, perfect for entertaining, families, pets, or future customization. A private long double driveway accommodates up to 10 vehicles. Ideally located within walking distance to the GO Station, TTC, parks, ravines, schools, and shops, this home combines space, lifestyle, and location in one unbeatable package. A rare offering on a premier street, this is where your search ends.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13491696
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 5
- Size
- 3000-3500
- Lot
- 50.22 × 249.93 ft
- Cross streets
- Bellamy & Eglinton
- Parking
- 2 garage · 12 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Finished
- Kitchens
- 3 (1 + 2)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,677 / 2025
- Days on market
- 22
- Listing brokerage
- RE/MAX COMMUNITY REALTY INC.
Rooms
hardwood floor · walk-in closet(s) · window
hardwood floor · 6 pc ensuite · walk-in closet(s)
hardwood floor · combined w/dining · overlooks frontyard
hardwood floor · combined w/living · overlooks frontyard
hardwood floor · walk-in closet(s) · window
hardwood floor · walk-in closet(s) · window
hardwood floor · fireplace · pot lights
hardwood floor · b/i closet · window
hardwood floor · b/i closet · window
tile floor · combined w/kitchen · pot lights
tile floor · stainless steel appl · quartz counter
ceramic floor · breakfast area · pantry
hardwood floor · combined w/dining · pot lights
hardwood floor · b/i closet · window
hardwood floor · combined w/kitchen · w/o to patio
Listed at $1,699,000, this home is about 17% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Eglinton East, so I widened the search to the surrounding area.
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 $1.53M, lower than the comparables and worth a second look.
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 $1.74M
- Size difference +$309K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $2.09M
That comparable adjusts to $2.09M; the $2.04M 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 Cedarbrae Collegiate Institute. 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. Bellamy Rd North at Braeburn Blvd South Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.04M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Value driver
- Lifestyle
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 27% below the area average of $719/sqft.
21 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Eglinton East, 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: Bellamy Rd North at Braeburn Blvd South Side, about 353 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,359,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,253
- Property tax
- $640
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,893
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Toronto municipal land transfer tax
- $30,455
- Estimated closing costs
- $60,910
Plus your down payment of $339,800. 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
- $435,192
- Principal paid down
- $173,094
- Interest paid
- $262,097
- Balance remaining
- $1,186,106
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 RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.