






Ken Matsumoto
Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
87 Cedar Brae Boulevard, Eglinton East M1J 2K5
Price
$1,777,700
Bedrooms
4 Beds
Bathrooms
2 Baths
Size
1500-2000 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$6666
Description
A RARE LAND OPPORTUNITY IN ONE OF SCARBOROUGH'S ESTABLISHED POCKETS Estate Sale | As-Is, Where-Is 19,396.55 SQ. FT. | NEARLY 0.5 ACREA true Muskoka-like retreat in the city, where mature trees, privacy and tranquillity create arare sense of escape on an exceptionally large residential parcel.Located on Cedar Brae Blvd, an established residential street in Scarborough, the property offers something increasingly difficult to find in Toronto: nearly half an acre of land within an established neighbourhood.The opportunity extends beyond the existing home. The land itself is the asset. Generous frontage, mature trees, established homes and nearby ravines create a private,natural setting that feels remarkably removed from the pace of the city while remaining well connected to transportation, amenities and the broader Toronto network.THE FEELING OF A RETREAT. THE CONNECTIONS OF THE CITY. The property combines the scale and privacy of an estate-like setting with convenient cityaccess. Approximately:15-minute walk / 5-minute drive to Eglinton GO Station1.7 km to the future McCowan Road Subway StationClose to parks, ravines, schools, shops and TTC service Within an established community characterized by mature streetscapes and generous properties Space and privacy, without giving up access to the city. A PROPERTY WITH POSSIBILITIES The scale and setting may appeal to builders, developers, investors and end users with different objectives.Potential strategies may include: Renovate the existing home Rebuild a custom residence designed around the property Create a multigenerational residenceExplore multiplex or multifamily opportunities Investigate longer-term redevelopment potential Acquire and hold as a land investment The appropriate strategy will depend on the buyer's objectives, applicable zoning, municipal requirements, approvals and independent due diligence.
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The Property Location
Calculate Your Monthly Mortgage Payments
Total Monthly Payment
$7,442 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,422,160
Total Interest Payments
$876,849
Total Payment (Principal + Interest)
$2,299,009
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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Meet Ken Matsumoto
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.









