57 Riverhead Drive, Toronto, ON

$948,800
MLS#:W13670334
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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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 $948,800 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 1100-1500 sqft on a premium 50.48 x 154 ft lot
  • Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient carport configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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.

Upcoming Open Houses

Saturday, August 15, 20262:00 PM - 4:00 PMPublic
Sunday, August 16, 20262:00 PM - 4:00 PMPublic
Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 57 Riverhead Drive, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $948,800 with an estimated mortgage of $3,158* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 57 Riverhead Drive, Toronto is in the Rexdale-Kipling neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rexdale-Kipling, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date8/13/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFull, Separate Entrance
Lot Size50.48 × 154 Feet
CountyToronto
Annual Tax$4,281.6
Legal DescriptionPARCEL 562-1, SECTION M670 LOT 562, PLAN M670 SUBJECT TO LT586994 ETOBICOKE , CITY OF TORONTO

Parking & Garage

Parking Total3.0
Parking Space2
Garage TypeCarport

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 57 Riverhead Drive, Toronto, ON

Q.What is the asking price for 57 Riverhead Drive, Toronto, ON ?

The current listing price for 57 Riverhead Drive, Toronto, ON in Rexdale-Kipling, Toronto is $948,800.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 57 Riverhead Drive, Toronto, ON ?

57 Riverhead Drive, Toronto, ON is a Detached (Bungalow) featuring a Full, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Carport).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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57 Riverhead 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 57 Riverhead Drive, Toronto, ON M9W 4G3

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.

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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 Rate4.00%
Down Payment$284,640 (30.0%)
* Minimum Canadian down payment required for this price is $69,880.
Amortization Period30 Years
Estimated Monthly Payment$3,158Based on a loan of $664,160 over 30 years.
Purchase Price$948,800
Loan Amount$664,160
Provincial Land Transfer Tax:$15,451
Toronto Municipal Land Transfer Tax:$15,451
Total Estimated Closing Taxes:$30,902

About Purchasing a Home in Toronto, ON

For a property listed at $948,800 in Toronto, the legal minimum down payment is $69,880 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 $15,451 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,451 also applies, bringing the total estimated land transfer taxes to $30,902.

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Rexdale-Kipling, Toronto Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$987,891

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%

Best Schools in Rexdale-Kipling, Toronto

Elementary Schools

St Benedict
Public2202 Kipling Avenue, Etobicoke, Toronto, Ontario, M9W 4K9
5.8
St Stephen
Public55 Golfdown Drive, Etobicoke, Toronto, Ontario, M9W 2H8
4.8
West Humber
Public1675 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S3
5.1
St John Vianney
Public105 Calstock Drive, Etobicoke, Toronto, Ontario, M9V 1J5
5.9
St Dorothy
Public155 John Garland Boulevard, Etobicoke, Toronto, Ontario, M9V 1N7
5.1

Secondary Schools

Monsignor Percy Johnson
Public2170 Kipling Avenue, Etobicoke, Toronto, Ontario, M9W 4K9
5.4
Thistletown
Public20 Fordwich Crescent, Etobicoke, Toronto, Ontario, M9W 2T4
4.9
West Humber
Public1675 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S3
6.2
Father Henry Carr
Public1760 Martin Grove Road, Etobicoke, Toronto, Ontario, M9V 3S4
4.4
St. Basil The Great
Catholic20 Starview Lane, Toronto, Ontario, M9M 3B2
4.7

Rexdale-Kipling, Toronto Demographic Home information

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.