129 Riverhead Drive, Toronto, ON
Property no longer active
This property was sold on July 31, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
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 $1,100,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40.5 x 120 ft lot
- Features a finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
A well maintained bungalow offering a spacious and functional layout in a sought-after Rexdale neighbourhood- this is 129 Riverhead Drive! The welcoming front entry features practical ceramic tile flooring and a double closet. The rest of the main level is filled with natural light, highlighted by a generous living room with a large picture window and hardwood flooring that continues into the adjoining dining room. From the dining area, step out onto the deck overlooking the expansive backyard and picturesque ravine. An ideal setting for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. This home offers 3 bedrooms on the main floor, plus an additional bedroom in the walk-out basement, along with a 5-piece bathroom on the main level and a 3-piece bathroom downstairs. The bright lower level provides excellent additional living space, featuring a cozy wood-burning fireplace, wet bar, walk-out access to the patio, and plenty of flexibility for extended family, guests, or recreation. Backing onto a beautiful ravine, the large backyard offers exceptional privacy and a tranquil natural setting rarely found in the city. Additional features include a 1 car attached garage with an automatic garage door opener and central vacuum inside the house. Ideally located close to parks, schools, shopping, public transit, and the scenic Humber River Trail, this home offers the perfect balance of comfort, convenience, and nature in a family-friendly community.
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Property Summary
This detached home located at 129 Riverhead Drive, Toronto is currently for sale and has been available on SousaSells for 28 days. This property is listed at $1,100,000 with an estimated mortgage of $3,661* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 129 Riverhead Drive, Toronto is in the Rexdale-Kipling neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rexdale-Kipling, Toronto.
- •4 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Rexdale-Kipling, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Ravine
- School
- Park
- River/Stream
Interior Features
- Auto Garage Door Remote
- Central Vacuum
- Primary Bedroom - Main Floor
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 129 Riverhead Drive, Toronto, ON
Q.What is the asking price for 129 Riverhead Drive, Toronto, ON ?
The current listing price for 129 Riverhead Drive, Toronto, ON in Rexdale-Kipling, Toronto is $1,100,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 129 Riverhead Drive, Toronto, ON ?
129 Riverhead Drive, Toronto, ON is a Detached (Bungalow) featuring a Finished, Walk-Out basement.
Q.What key property features does 129 Riverhead Drive, Toronto, ON offer?
Key property features include: Ravine, School, Park, River/Stream.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Central Vacuum, Primary Bedroom - Main Floor.
Q.Is parking available at this property?
Yes, this property offers parking space for 5.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 129 Riverhead Drive, Toronto, ON M9W 4H1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,100,000 in Toronto, the legal minimum down payment is $220,000 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 $18,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,475 also applies, bringing the total estimated land transfer taxes to $36,950.
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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.