1 / 45
Investment signal

$1,649,999

32B CEDAR DRIVE

Save this home

Beds

5

Baths

5 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Scarborough Village). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Spectacular 2,700 Sq Ft Detached Home On A Rare ~200 Ft Deep Lot!This meticulously maintained 2-storey home offers the perfect blend of luxury, space, and functionality. Featuring 4 spacious bedrooms, 5 bathrooms, and a fully finished walk-out basement, this home is designed for both comfortable family living and income potential.Step inside to find premium bamboo flooring, a stunning floating staircase, and sun-filled living spaces enhanced by large windows and skylights. The open-concept layout flows seamlessly into a gourmet kitchen with quartz countertops and black stainless steel appliances, overlooking a bright breakfast area and walk-out to a private deck-perfect for entertaining.The primary suite is a true retreat with a 5-piece ensuite (double sinks) and a large walk-in closet, while the second bedroom features its own 4-piece ensuite-ideal for guests or extended family.The 1,000 sq ft walk-out basement offers incredible versatility, complete with a spacious bedroom, modern bathroom, and rough-in for a kitchenette, making it perfect for in-law living or rental income potential.Situated on a premium, fully fenced lot with an exceptionally deep backyard, this home offers rare privacy and outdoor space not often found.Extras: Fridge, Stove, Dishwasher, Washer & Dryer, A/C. Double Car Garage. HWT Rental.**VIEW VIRTUAL TOUR** (id:65958)

Subtype
Single Family
Structure
House
Community
Scarborough Village
Common interest
Freehold
Lot dimensions
37.2 x 192.9 FT
Bedrooms
4 above grade, 1 below grade
Parking
6 total
Stories
2
Fireplace
Yes
On market
Mar 24, 2026
Status changed
Apr 21, 2026
Annual tax
$7,500
Photos
44
MLS#
E12914716
Area
TORONTO_(SCARBOROUGH_VILLAGE)

Features and systems

Parking

Garage

Basement

FinishedFullWalk out

Appliances

WasherRefrigeratorDishwasherStoveDryerWindow Coverings

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

LaminateMarbleBamboo

Foundation

Concrete
Negative cash flow ~$1,749/mo at these assumptions

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$10,092

Financing

Down payment$330,000
Loan amount$1,319,999
Mortgage$6,688/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$756
Insurance$80
Maintenance$1,375
CapEx reserve$687
Vacancy loss$413

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $6,688/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.