37 Meadowcliffe Drive, Toronto E08

Price: $2,100,900

6 bedrooms, 3 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13174392

Bright - Spacious - Vacant - Over 6,000 square feet (as per MPAC) of living space. High vaulted ceilings, 5 skylights, wide and deep garages, inground pool. Breathtaking setting and views - the Bluffs, Lake Ontario, Cudia Park. Update/Renovate to your taste.

37 Meadowcliffe Drive - Detached photo 1 of 6 in Scarborough Town Centre, Ontario
37 Meadowcliffe Drive - Detached photo 2 of 6 in Scarborough Town Centre, Ontario
37 Meadowcliffe Drive - Detached photo 3 of 6 in Scarborough Town Centre, Ontario
37 Meadowcliffe Drive - Detached photo 4 of 6 in Scarborough Town Centre, Ontario
37 Meadowcliffe Drive - Detached photo 5 of 6 in Scarborough Town Centre, Ontario
37 Meadowcliffe Drive - Detached photo 6 of 6 in Scarborough Town Centre, Ontario
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$2,100,900 - 37 Meadowcliffe Drive, Scarborough

Detached for Sale in Scarborough

6Beds
3Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E13174392
Property Type
Detached
Status
active
Days on Site
16
Bedrooms
6
Bathrooms
3
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Scarborough Town Centre
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Bright - Spacious - Vacant - Over 6,000 square feet (as per MPAC) of living space. High vaulted ceilings, 5 skylights, wide and deep garages, inground pool. Breathtaking setting and views - the Bluffs, Lake Ontario, Cudia Park. Update/Renovate to your taste.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,292.99/mo

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5-yr fixed avg.

Principal: $1,680,720Interest: $1,107,177
Mortgage Amount$1,680,720
Total Interest$1,107,177
Est. Property Tax$1,488/mo
Total Cost$2,787,897

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.

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Neighbourhood Guide: Scarborough Town Centre

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

37 Meadowcliffe Drive, Scarborough Town Centre

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,488
Insurance (est.)-$438
Net Cash Flow+$2,924

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $600/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Scarborough.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    37 Meadowcliffe Drive, Scarbo… — $2,100,900 | Battaglia Team