$1,180,000 - 108 Gradwell Drive, Scarborough
Detached for Sale in Scarborough
New — Listed 2 days ago- MLS Number
- E13223552
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough Town Centre
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
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.
Estimate your monthly payments for this property
Estimated Payment
$5,219.54/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Scarborough Town Centre
Scarborough Town Centre is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Scarborough Town Centre
- •Convenient location in Scarborough Town Centre
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Scarborough Town Centre offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
108 Gradwell Drive, Scarborough Town Centre
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1073/sqft, this property is priced in line with current Scarborough market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Scarborough's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Scarborough are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Scarborough. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Scarborough properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,917 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.