65 Rayside Drive, Toronto, ON

$1,095,000
MLS#:W9366622
3 beds
2 baths
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)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 Bungalow detached located in the coveted neighborhood of Markland Wood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,095,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 40 x 138 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Attractive well maintained spacious clean detached 3 bdrm 2 bathrm brick bungalow situated on a premium 40' x 138' lot and located in a desirable sought after neighbourhood within close proximity to all amenities. Owned by the same family since 1967. First time offered for sale in 57 years. Excellent floor plan. Formal entry, bright open concept living & dining rooms, cheerful family size eat-in kitchen, 3 good size bdrms, impressive quality doors & trim, hardwood flooring & 4pc bathrm on main floor. Separate side entrance to high finished basement features a large family rm with a cozy gas fireplace & bar, rec rm with pool table, second 4pc bathrm, laundry/furnace rm & workshop. Sunny west exposure big backyard with patio & garden shed.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 8, 2024
Sold price information is available to members only
Listed Date9/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size40 × 138 Feet
CountyToronto
Annual Tax$4,670.84
Legal DescriptionLot 22, Plan 4884

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Primary Bedroom - Main Floor, Central Vacuum

Security Features

Community Features

Location

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65 Rayside 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 65 Rayside Drive, Toronto W08, ON M9C 1S9

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 Rate5.25%
Down Payment$219,000 (20.0%)
* Minimum Canadian down payment required for this price is $219,000.
Amortization Period25 Years
Estimated Monthly Payment$5,220Based on a loan of $876,000 over 25 years.
Purchase Price$1,095,000
Loan Amount$876,000
Provincial Land Transfer Tax:$18,375
Toronto Municipal Land Transfer Tax:$18,375
Total Estimated Closing Taxes:$36,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,095,000 in Toronto, the legal minimum down payment is $219,000 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 $18,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,375 also applies, bringing the total estimated land transfer taxes to $36,750.

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 Markland Wood, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,103,478

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

Nativity of Our Lord
Public35 Saffron Crescent, Etobicoke, Toronto, Ontario, M9C 3T8
7.7
Josyf Cardinal Slipyj
Public35 West Deane Park Drive, Etobicoke, Toronto, Ontario, M9B 2R5
8.4
Our Lady of Peace
Public70 Mattice Avenue, Etobicoke, Toronto, Ontario, M9B 1T6
6.4
Mother Cabrini
Public720 Renforth Drive, Etobicoke, Toronto, Ontario, M9C 2N9
6.9
St Ambrose
Public20 Coules Court, Etobicoke, Toronto, Ontario, M8W 2N9
7.4

Secondary Schools

Silverthorn
Public291 Mill Road, Etobicoke, Toronto, Ontario, M9C 1Y5
6.3
Martingrove
Public50 Winterton Drive, Etobicoke, Toronto, Ontario, M9B 3G7
6.9

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.