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New3 hours ago

108 Gradwell Drive

Cliffcrest, Toronto

$1,099,000

Detached|2-Storey
3 | 2 | 4
About this home

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.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,917
Lot Size40.2 ft x 136.87 ft
mls© NumberE13810608
Listed ByCENTURY 21 LEADING EDGE REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,625
Property tax
$410
Heat allowance
$150
Housing costs
$6,185 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $219,800
25-yr amortization

Income needed

$190,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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