62 Rainbow Ridge Avenue, Toronto E11, ON

$1,170,000
MLS#:E12247076
7 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Backsplit 5"] detached located in the coveted neighborhood of Rouge E11. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,170,000 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.

  • 7 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 50.05 x 104.73 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

*RARELY OFFERED 5-LEVEL BACKSPLIT DETACHED HOME* Sitting On A Large 50 FT Wide Lot In A High Demand Neighbourhood With No Neighbours Behind For Added Privacy. Inside, You'll Find A Thoughtful Well-Designed Layout With 3 Bedrooms On The Upper Level, 2 Bedrooms On The Ground Level And 2 More Bedrooms In The Basement. This Unique Backsplit Also Has Defined Functional Living Spaces For The Living, Dining & Family Room. Upgraded Kitchen, Bathrooms, Laminate Floors Throughout Makes This Home Maintenance Free & Move In Ready. What Makes This Home *SPECIAL & UNIQUE*? There Is Incredible *INCOME POTENTIAL $$* Each Level Offers Its Own Separate Entrances To Its Own Well-Appointed Spacious Apartment Space. Its Perfect For *MULTI-GENERATIONAL LIVING* Where Large Families Can Live Comfortably Together While Having Their Own Personal Space (Great For Those With Grandparents, Kids & Teenagers) Or *LUCRATIVE RENTAL INCOME* From 3 Potential Rental Units Which Is A Great Mortgage Helper! Or If You Need An Office, Redesign The Ground Floor To Fit Your Needs. Unbeatable Location, 8 Mins To University Of Toronto, Centennial College & Upcoming Scarborough Academy of Medicine & Integrated Health (SAMIH) Which Means You'll Always Have High Rental Demand, Steady Income & Higher Rent! Widen Driveway Allows For 4 Car Parking + 2 In The Garage. TTC At Your Doorstep & 401 is Just 1 Min Away. All Your Daily Amenities & Activities Are Quickly Accessible Such As Schools, Pan Am Centre, Rouge GO, Trails At Rouge National Park, Hospital, Shopping & Big Box Stores. **RARE OPPORTUNITY to own a BEAUTIFUL HOME with 3200 SQFT Of Functional Living Space that also serves as an AMAZING INCOME GENERATOR**

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Key Features

Bedrooms
7
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 8, 2025
Sold price information is available to members only
Listed Date6/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size50.05 × 104.73 Feet
CountyToronto
Annual Tax$4,584.85
Legal DescriptionPARCEL 45-1, SECTION M1729 LOT 45, PLAN 66M1729, SUBJ TO COVENANTS IN A767900 SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Greenbelt/Conservation, Rec./Commun.Centre, School, Public Transit, Park, Hospital

Community Features

Location

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62 Rainbow Ridge Avenue, Toronto E11, 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 62 Rainbow Ridge Avenue, Toronto E11, ON M1B 2H9

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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Financial Audit

Estimated Costs

Loan Amount$936,000
Monthly Mortgage$5,438
Property Tax (Est.)$382
Utilities & Maint.$350
Total Monthly Cost$6,170

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E11.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rouge E11, Toronto E11.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$944,718

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

Alvin Curling
Public50 Upper Rouge Trail, Scarborough, Toronto, Ontario, M1B 6K4
7.7
Fleming
Public20 Littles Road, Scarborough, Toronto, Ontario, M1B 5B5
6.7
Alexander Stirling
Public70 Fawcett Trail, Scarborough, Toronto, Ontario, M1B 3A9
5.7
Emily Carr
Public90 John Tabor Trail, Scarborough, Toronto, Ontario, M1B 2V2
4.4
St Columba
Public10 John Tabor Trail, Scarborough, Toronto, Ontario, M1B 1M9
2.5

Secondary Schools

No secondary schools data loaded.

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.