24 Cedar Brae Boulevard, Toronto, ON
Eglinton East, Toronto · MLS® E13511362
About this home
One-of-a-kind custom-built residence on prestigious Cedar Brae Boulevard, offering luxury living in one of Cedarbrae's most sought-after pockets. Thoughtfully designed for luxury living and ideally suited to large or multigenerational families. Set on an impressive 50' x 120' lot, this exceptional home offers 4+3 spacious bedrooms, 6 bathrooms, two kitchens, and a finished walkout basement with a separate entrance. Quality craftsmanship is evident throughout, featuring 10-ft ceilings, ceramic flooring, extensive crown moulding, and custom cabinetry. The chef-inspired kitchen showcases a stunning waterfall island with apron-front sink, 36" gas cooktop, built-in wall oven, premium finishes, and a walk-out to the large rear deck-perfect for entertaining. The expansive primary suite features a private balcony with unobstructed views, while the walkout lower level includes three large bedrooms, a second kitchen, and outstanding flexibility for extended family or potential rental income. Additional highlights include a smart garage door opener, smart thermostat, smart doorbell, exterior security camera system, an extended driveway with ample parking, and a prime location just minutes to Eglinton GO Station, TTC, excellent schools, parks, shopping, and community amenities. A rare opportunity to own a quality custom home in one of Scarborough's most sought-after neighborhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13511362
- Bedrooms
- 7 (4 + 3)
- Bathrooms
- 6 (1 half)
- Size
- 3000-3500
- Lot
- 50.5 × 118 ft
- Cross streets
- Eglinton/ Brimley Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private
- Basement
- Apartment, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Brick, Stone
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,192 / 2025
- Days on market
- 15
- Listing brokerage
- HOMELIFE/VISION REALTY INC.
Rooms
6 pc ensuite · double closet · balcony
Window
centre island · w/o to deck
5 pc ensuite · closet · window
hardwood floor · 2 pc ensuite
4 pc ensuite · walk-in closet(s) · window
hardwood floor · combined w/dining
Closet
Closet
5 pc ensuite · closet · window
Listed at $1,990,000, this home is right in line with comparable homes. 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 $1.78M, a bit lower.
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 $1.80M
- Size difference +$617K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $2.46M
That comparable adjusts to $2.46M; the $2.05M 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. 130 Bellamy Rd North 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 $2.05M, 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.
- Walk-out basement: natural light and strong in-law or income potential.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Income potential
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 13% below the area average of $701/sqft.
14 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: 130 Bellamy Rd North, about 272 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 $1,592,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,496
- Property tax
- $766
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,262
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,275
- Toronto municipal land transfer tax
- $36,275
- Estimated closing costs
- $72,550
Plus your down payment of $398,000. 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
- $509,730
- Principal paid down
- $202,742
- Interest paid
- $306,989
- Balance remaining
- $1,389,258
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 HOMELIFE/VISION REALTY INC.. MLS®/PropTx.