31 Rivers Edge Drive, Toronto, ON

$788,900
MLS#:W8472940
3 beds
2 baths
1000-1199 sqft
2.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey condo townhouse located in the coveted neighborhood of Mount Dennis. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $788,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • Features a finished, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover this meticulously renovated condo townhome, nestled in the highly desirable and tranquil Mount Dennis neighborhood. The expansive living and dining room boasts new flooring, modern pot lights, and a large picture window that floods the space with natural light. The brand-new kitchen is a chef's dream, featuring quartz countertops, stainless steel appliances, and pot lights. The spacious breakfast area offers a perfect spot for morning coffee or family dinners. The upper level comprises three generously sized bedrooms, complemented by a fully renovated four-piece bathroom. The newly finished basement includes a sizable recreation room with laminate flooring, pot lights, and direct access to the fenced backyard, providing a perfect space for relaxation and entertainment. Conveniently located near Highways 400, 401, and 427, this property offers easy access to major transportation routes. Proximity to the Toronto Congress Centre, Pearson Airport, schools, lush parks, and a variety of amenities ensures an ideal blend of comfort and convenience. Experience the perfect combination of modern updates and serene living in this exquisite Mount Dennis condo townhome.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 6, 2024
Sold price information is available to members only
Listed Date6/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style3-Storey
ConstructionBrick, Stone
BasementFinished, Finished with Walk-Out
CountyToronto
Annual Tax$2,560.7

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Hospital, Fenced Yard, Park, Public Transit, School

Interior Features

None

Security Features

Community Features

Location

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31 Rivers Edge Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 31 Rivers Edge Drive, Toronto W04, ON M6M 5L4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$53,890 (6.8%)
* Minimum Canadian down payment required for this price is $53,890.
Amortization Period25 Years
Estimated Monthly Payment$4,380Based on a loan of $735,010 over 25 years.
Purchase Price$788,900
Loan Amount$735,010
Provincial Land Transfer Tax:$12,253
Toronto Municipal Land Transfer Tax:$12,253
Total Estimated Closing Taxes:$24,506

About Purchasing a Home in Toronto, ON

For a property listed at $788,900 in Toronto, the legal minimum down payment is $53,890 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 $12,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,253 also applies, bringing the total estimated land transfer taxes to $24,506.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mount Dennis, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$773,747

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Our Lady of Victory
Public70 Guestville Avenue, York, Toronto, Ontario, M6N 4N3
4.7
St Bernard
Public12 Duckworth Street, Toronto, Ontario, M6M 4W4
4.5
St Demetrius
Public125 La Rose Avenue, Etobicoke, Toronto, Ontario, M9P 1A6
7.9
Holy Angels
Public100 Allanhurst Drive, Etobicoke, Toronto, Ontario, M9A 5E4
5.6
Santa Maria
Public25 Avon Avenue, York, Toronto, Ontario, M6N 4X8
1.4

Secondary Schools

York Memorial
Public2690 Eglinton Avenue West, York, Toronto, Ontario, M6M 1T9
2.9
Weston
Public100 Pine Street, York, Toronto, Ontario, M9N 2Y9
3.0
Chaminade
Public490 Queen's Drive, Toronto, Ontario, M6L 1M8
5.1
Runnymede
Public569 Jane Street, York, Toronto, Ontario, M6S 4A3
4.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.