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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Humber Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $950,000 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.
Welcome to 4 Riverlea Dr, a solid red brick bungalow set on an impressive 50 x 132 ft lot, offering outstanding opportunity for renovators, investors, or those looking to build new. Surrounded by new-build custom and renovated homes, the property features 3 well-proportioned bedrooms, each offering comfortable space for family living, home office use, or guests, along with 2 bathrooms thoughtfully laid out for everyday functionality. The bright main level features a generous kitchen, and a walkout to the side deck, perfect for entertaining. The large finished basement with a separate side door entrance creates excellent potential for an income-generating suite, multi-generational living, or future expansion. A built in garage adds everyday convenience, providing secure parking and valuable storage. Located close to well regarded schools, the 401 highway, and Pearson International Airport, with the Weston UP Express station to the east, and Starbucks to the west, both a 10-minute walk away, making commuting and daily errands effortless.Whether you're looking to move in, invest, or redevelop, this deep lot and well-located bungalow present a rare opportunity in a growing, well-connected neighbourhood.
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Fenced Yard, Hospital, Place Of Worship, Public Transit
Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 4 Riverlea Drive, Toronto W09, ON M9P 2H1
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 $950,000 in Toronto, the legal minimum down payment is $70,000 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 $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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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.