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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,186,868 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to 112 Riverhead Drive! This beautiful 3 bedroom bungalow is the perfect place to call home. Starting with a bright and updated kitchen, featuring a gas stove, upgraded appliances and a sleek quartz countertop- perfect for any home chef. The living room and dining room have hardwood floors and large windows that flood the space with warm natural light. Also on the main floor, you'll find a great room, which really is a great room! Boasting high ceilings, sky lights, a fireplace and walk out to the deck, this space is perfect for relaxing or entertaining. 3 bedrooms and a washroom complete this level. The finished basement offers access to the garage for added convenience and security. An entertainment room with a walk-out to the backyard and a large family room provide ample possibilities and additional living space- complimented by a second washroom. If you love spending time outdoors, then this backyard is for you. A fire pit, deck and hot-tub are just waiting to be enjoyed year round and a shed provides you with the convenience of additional storage. Nestled on a highly desirable street, in a quiet neighbourhood close to shopping, schools, parks and TTC, this home has it all!
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Data-driven valuation for 112 Riverhead Drive, Toronto W10, ON M9W 4G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,186,868 in Toronto, the legal minimum down payment is $237,374 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,212 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,212 also applies, bringing the total estimated land transfer taxes to $40,425.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.