$869,999
16 Ayre Point Road, Toronto, ON M1M 1G5
Cliffcrest · E08
Cliffcrest · E08 · M1M 2N2
$739,000
$672 / sq ft1 months on market
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$869,999
Cliffcrest · E08
Rarely does a 35 x 137 ft lot in one of Scarborough's most coveted lakeside enclaves availablein the market. Tucked into the Cliffside-Bluffs pocket of Cliffcrest, this detached bungalowsits minutes from Bluffer's Park, the Scarborough Bluffs, and the marina - the same stretch of shoreline that's drawn a wave of custom-home building as buyers compete for proximity to the lake.This is a property with three distinct paths forward. Move in and enjoy solid bones with room to update at your own pace. Hold and rent - the existing layout offers two separate units, a bachelor suite with its own front entrance plus a second unit with side entrance, giving immediate income potential or multi-generational flexibility. Or take the lot and start fresh: with builders actively reshaping this street with custom infill homes, 138 Gradwell offers the frontage and depth to design something entirely new, steps from the water.Inside: 1+1 bedrooms, 2 bathrooms, 5 rooms across 1,100-1,500 sq ft, with a partially finished basement adding further living or rental space. Vacant and available for immediate possession. Sold in as-is condition.Location is the real asset here - a short walk to the Bluffs' trails and beaches, close to St. Clair Ave E and Kingston Rd for transit and shopping, and within reach of local schools. Whether you want to renovate, invest, or build your dream home on one of the last accessible lots in this lakeside community, 138 Gradwell Dr delivers the land and the location that make it possible.
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This home is priced below most comparable listings — about 7% of comparable detached listings in Cliffcrest are asking less.
Based on 58 comparable active detached listings in Cliffcrest. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $739,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of HOMELIFE OPTIMUM REALTY
$850,000
Cliffcrest · E08
Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.
$749,000
Cliffcrest · E08
Listing courtesy of Signature Elite Realty Ltd.
$749,000
Cliffcrest · E08
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$699,999
Cliffcrest · E08
Listing courtesy of RE/MAX ACE REALTY INC.
$699,999
Cliffcrest · E08
Listing courtesy of RE/MAX ACE REALTY INC.