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New4 hours ago

57 Riverhead Drive

Rexdale-Kipling, Toronto

$948,800

Detached|Bungalow
3 | 2 | 3
About this home

Set On One Of The Area's Most Sought-After Streets, This Move-In Ready Bungalow Combines Timeless Mid-Century Character With A Truly Exceptional Ravine Setting. A Bay Window Floods The Main Living Spaces With Natural Light And Showcases Stunning Humber River Ravine Views. Living Room With Exposed Brick Feature Wall And Walkout To Private Backyard, Creating A seamless flow For Relaxing Or Entertaining. The Spacious Primary Bedroom Features A Double Closet With Built-In Organizers, While The Versatile Third Bedroom Includes A Murphy Bed, Making It Ideal As A Guest Room, Home Office Or Both. The Lower Level Offers Exceptional Flexibility With A Spacious Recreation Room, Bonus Room, 4-Piece Bathroom, Workshop And Separate Side Entrance. Located Just Steps From Rivercrest Junior School And The Humber River Trail System, And Only Minutes To Hwy 401, Costco And Everyday Amenities, This Is A Rare Opportunity To Own One Of The Neighbourhood's Most Unique Ravine Properties.

Extras

No extras listed.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,282
Lot Size50.48 ft x 154 ft
mls© NumberW13670334
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,856
Property tax
$357
Heat allowance
$150
Housing costs
$5,363 / mo

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

Down payment20% · $189,760
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,993 / mo
Cash down
$189,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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