15 Riant Street, Toronto, ON

$1,299,900
MLS#:E9282794
4 beds
2 baths
4.0 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This listing is no longer active (Sold)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 Backsplit 5 detached located in the coveted neighborhood of Scarborough Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,299,900 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.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Premium 45.25 x 110.55 ft lot size
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover the endless potential of 15 Riant St., a versatile property located in the highly sought-after Scarborough Bluffs neighborhood. This spacious and solid home, featuring 4 bedrooms, 2 bathrooms, and 2 kitchens, is the perfect canvas for those looking to personalize their living space or invest in a property with income-generating potential. The generous living spaces, including the kitchen and dining areas, offer ample room for your design ideas, whether you're envisioning a modern renovation or a more traditional update. Each of the four bedrooms provides comfortable accommodations, with plenty of room to adapt the spaces to your needs. The unfinished basement is a blank slate ready for transformation and the two separate entrances from the side and rear makes it primed for a conversion into a self-contained apartment, providing an ideal option for rental income or multi-generational living. The potential for a separate unit offers a smart way to offset mortgage costs or generate additional revenue. Situated in the Scarborough Bluffs, this property is conveniently located within walking distance to schools, shopping, Eglinton GO Station and TTC transit and just minutes away from scenic parks, trails, and the breathtaking waterfront. This is more than just a house, its an opportunity to create the home for any growing family or investment property you've always envisioned. Whether you're looking to make this your forever home or capitalize on its potential for income generation, this property is a rare find in a highly desirable neighborhood.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 6, 2024
Sold price information is available to members only
Listed Date8/28/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 5
ConstructionBrick
BasementUnfinished
Lot Size45.25 × 110.55 Feet
CountyToronto
Annual Tax$4,384.72
Legal DescriptionPCL 17-1, SEC M1603 ; LT 17, PL M1603 ; SCARBOROUGH , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, Carpet Free, Other

Security Features

Community Features

Location

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15 Riant Street, 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 15 Riant Street, Toronto E08, ON M1M 3S8

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$259,980 (20.0%)
* Minimum Canadian down payment required for this price is $259,980.
Amortization Period25 Years
Estimated Monthly Payment$6,197Based on a loan of $1,039,920 over 25 years.
Purchase Price$1,299,900
Loan Amount$1,039,920
Provincial Land Transfer Tax:$22,473
Toronto Municipal Land Transfer Tax:$22,473
Total Estimated Closing Taxes:$44,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,299,900 in Toronto, the legal minimum down payment is $259,980 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 $22,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,473 also applies, bringing the total estimated land transfer taxes to $44,946.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$833,439

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

St Ursula
Public215 Livingston Road, Scarborough, Toronto, Ontario, M1E 1L8
6.7
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Agatha
Public49 Cathedral Bluffs Drive, Scarborough, Toronto, Ontario, M1M 2T6
4.3
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Margaret
Public235 Galloway Road, Scarborough, Toronto, Ontario, M1E 1X5
7.4

Secondary Schools

Sir Wilfrid Laurier
Public145 Guildwood Parkway, Scarborough, Toronto, Ontario, M1E 1P5
6.2
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0
R H King
Public3800 St Clair Avenue East, Scarborough, Toronto, Ontario, M1M 1V3
7.3
West Hill
Public299 Morningside Avenue, Scarborough, Toronto, Ontario, M1E 3G1
4.9

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.