56 Cedar Brae Boulevard, Toronto, ON

Eglinton East, Toronto · MLS® E14090468

$1,698,000
For Sale
Listed 2 days agoNo offer date stated
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4+3Bedrooms
5Bathrooms
2Garage · 12 parking
3000-3500Sq ft

About this home

In short

  • Prestigious Cedar Brae Blvd, known as Scarborough's Rosedale.
  • This well-maintained home sits on an extraordinary 50 x 250 ft premium lot, a size and setting that rarely become available.
  • The primary bedroom retreat features a walk-in closet and spacious 6-piece ensuite.
  • 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.

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®
E14090468
Bedrooms
4+3 (7 total)
Bathrooms
5
Size
3000-3500 sq ft
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
$7,811 / 2026
Days on market
2
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Bedroom 3Second4.31 × 3.82 m

hardwood floor · walk-in closet(s) · window

Dining RoomMain4.75 × 3.64 m

hardwood floor · combined w/living · overlooks frontyard

Living RoomBasement8.82 × 4.47 m

hardwood floor · combined w/dining · pot lights

Living RoomMain6.21 × 3.64 m

hardwood floor · combined w/dining · overlooks frontyard

KitchenMain3.34 × 3.15 m

ceramic floor · breakfast area · pantry

Dining RoomBasement8.82 × 4.47 m

tile floor · combined w/kitchen · pot lights

BedroomBasement4.31 × 3.68 m

hardwood floor · b/i closet · window

Bedroom 4Second4.13 × 3.83 m

hardwood floor · walk-in closet(s) · window

Family RoomMain5.72 × 4.41 m

hardwood floor · fireplace · pot lights

BreakfastMain4.57 × 4.49 m

hardwood floor · combined w/kitchen · w/o to patio

BedroomBasement4.75 × 3.54 m

hardwood floor · b/i closet · window

Primary BedroomSecond7.71 × 4.48 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

BedroomBasement5.34 × 3.97 m

hardwood floor · b/i closet · window

KitchenBasement8.82 × 4.47 m

tile floor · stainless steel appl · quartz counter

Bedroom 2Second4.51 × 3.64 m

hardwood floor · walk-in closet(s) · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Eglinton East · asking prices
$1.33Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $612/sqft; this home lists at $522/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.73M1.20M1.50M1.16M1.09MThis home vs active comparables

Neighbourhood & location

Eglinton East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bendale
$949K
Cliffcrest
$799K
Wexford-Maryvale
$849K
Rouge E11
$1.15M
Woodbine-Lumsden
$949K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near John McCrae Public School
54%
John McCrae Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 54% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Cedarbrook Public School · Public elementary0.4 km · 48% at standard
Scarborough Village Public School · Public elementary1.1 km · 65% at standard
Mason Road Junior Public School · Public elementary1.2 km · 43% at standard
Knob Hill Public School · Public elementary1.2 km · 57% at standard
St Rose of Lima Catholic School · Catholic elementary1.2 km · 73% at standard
St Boniface Catholic School · Catholic elementary1.4 km · 68% at standard
Cedar Drive Junior Public School · Public elementary1.7 km · 53% at standard
Bliss Carman Senior Public School · Public elementary1.8 km
Glen Ravine Junior Public School · Public elementary1.8 km · 62% at standard
Bendale Junior Public School · Public elementary1.9 km · 62% at standard
Walter Perry Junior Public School · Public elementary2.0 km · 66% at standard
Cornell Junior Public School · Public elementary2.0 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,739/mo
$318KIncome needed
5.3×Price ÷ income
$1,786Weekly cost
$60,870Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $7,739Property tax $651Total carry $8,390

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,511per month

Mortgage amount $1,358,400 · 4.49% over 25 years

$339,600Down payment (20.0%)
$1,358,400Loan before insurance
$0CMHC premium
$8,162Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,511
Property tax
$651
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,162

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$30,435
Toronto municipal land transfer tax
$30,435
Estimated closing costs
$60,870

Plus your down payment of $339,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,091/monthPayment at the qualifying rate

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

$894,848Total interest paid
$2,253,248Total of all payments
Principal $1,358,400 Interest $894,848
YearPrincipalInterestBalance
1$30,314$59,816$1,328,086
2$31,690$58,440$1,296,396
3$33,129$57,001$1,263,267
4$34,633$55,497$1,228,634
5$36,206$53,924$1,192,429
6$37,849$52,280$1,154,579
7$39,568$50,562$1,115,011
8$41,365$48,765$1,073,647
9$43,243$46,887$1,030,404
10$45,206$44,924$985,198
11$47,259$42,871$937,939
12$49,404$40,726$888,535
13$51,647$38,482$836,888
14$53,992$36,137$782,895
15$56,444$33,686$726,451
16$59,007$31,123$667,444
17$61,686$28,444$605,759
18$64,487$25,643$541,272
19$67,415$22,715$473,857
20$70,475$19,654$403,382
21$73,675$16,455$329,707
22$77,021$13,109$252,686
23$80,518$9,612$172,169
24$84,173$5,957$87,995
25$87,995$2,135$0

At the end of your 5-year term

Total paid over the term
$450,650
Principal paid down
$165,971
Interest paid
$284,678
Balance remaining
$1,192,429

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.

Let's connect

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

Rental yield
Estimate$6,300/mo
$75,600Gross annual rent
3.4%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

4.5%
Gross yield
− Property tax $7,811− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,073

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.

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