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.
Data was last updated August 4, 2026 at 10:15 PM (UTC)
Area Statistics
Listings on market:
64
Avg list price:
$1,364,500
Min list price:
$640,000
Max list price:
$5,299,000
Avg days on market:
40
Min days on market:
3
Max days on market:
358
These statistics are generated based on the current listing's property type
and located in
Cliffcrest. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.