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Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Rexdale-Kipling. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,049,000 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.
Detached bungalow with separate entrance on a private, cul-de-sac located in prime location with no neighbors behind, backing onto field. This 3+1 bedroom home boasts large windows for lots of natural light and an open concept main living area and 3 spacious bedrooms. The basement has its own separate entrance. Down the stairs leads to a shared laundry and utility room and past that is currently set up as a huge one bedroom basement apartment. A large rec room and equally large kitchen and bedroom leaves ample space to add a second bedroom for even higher income potential. Enjoy your extra long driveway that leads to your private, fenced in backyard looking out to a huge empty field behind. Minutes walk to Humber River trails and highly desired Rivercrest Junior School. Close to all highways and just minutes from new Costco shopping complex.
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Cul de Sac/Dead End, Fenced Yard, Library, Park, Public Transit, Ravine
Storage
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This could be the first listing for this address.
Data-driven valuation for 11 Restever Gate, Toronto W10, ON M9W 4B8
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 $1,049,000 in Toronto, the legal minimum down payment is $209,800 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 $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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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.