161 Reiner Road, Toronto, ON

$999,995
MLS#:C9052911
3 beds
2 baths
5.0 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This listing is no longer active (Sold)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 Clanton Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $999,995 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 with 2 functional kitchens
  • Premium 43.8 x 165 ft lot size
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

The one you have been waiting for has arrived. Don't miss your chance to own this large 43 x 165 ft lot in the heart of Clanton Park. This extremely well kept bungalow offers endless potential. The spacious 3 bedroom layout is the perfect move in ready home, or is the perfect canvas for you to renovate/build your dream home. As you enter the home you are welcomed by a large eat in kitchen, spacious family room and 3 large bedrooms. The lower level includes a separate entrance, full kitchen and family recreation space. Walk to the back yard and envision the endless opportunities with this oversize yard. The perfect play area for kids, grow your own vegetable garden or create your backyard spa retreat...anything is possible. Location, location, location...at 161 Reiner you are steps to great schools, parks and only minutes from subway and transit access. Do not miss this great opportunity.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 31, 2024
Sold price information is available to members only
Listed Date7/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size43.8 × 165 Feet
CountyToronto
Annual Tax$5,922.59
Legal DescriptionPT LT 140 PL 1938 TWP OF YORK AS IN NY739001; TORONTO (N YORK) , CITY OF TORONTO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Auto Garage Door Remote, In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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161 Reiner Road, 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 161 Reiner Road, Toronto C06, ON M3H 2L8

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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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$75,000 (7.5%)
* Minimum Canadian down payment required for this price is $75,000.
Amortization Period25 Years
Estimated Monthly Payment$5,512Based on a loan of $924,995 over 25 years.
Purchase Price$999,995
Loan Amount$924,995
Provincial Land Transfer Tax:$16,475
Toronto Municipal Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$32,950

About Purchasing a Home in Toronto, ON

For a property listed at $999,995 in Toronto, the legal minimum down payment is $75,000 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 $16,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,475 also applies, bringing the total estimated land transfer taxes to $32,950.

Nearby Listings

Distance:

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 Clanton Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$952,190

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

Northmount
PublicNorthmount Avenue, Toronto, Ontario, M3H 1M1
10.0
St Norbert
Public60 Maniza Road, Toronto, Ontario, M3K 1R6
6.0
Bedford Park
PublicToronto, Ontario, M5M 1P6
9.3
John Wanless
PublicBrookdale Avenue, Toronto, Ontario, M5M 1P6
8.7
Our Lady of the Assumption
Public125 Glenmount Avenue, Toronto, Ontario, M6B 3C2
5.1

Secondary Schools

William Lyon Mackenzie
Public20 Tillplain Road, Toronto, Ontario, M3H 5R2
8.7
Loretto Abbey
Public101 Mason Boulevard, Toronto, Ontario, M5M 3E2
7.6
John Polanyi
Public640 Lawrence Avenue West, Toronto, Ontario, M6A 1B1
4.4
Madonna
Public20 Dubray Avenue, Toronto, Ontario, M3K 1V5
4.6
Downsview
Public7 Hawksdale Road, Toronto, Ontario, M3K 1W3
3.5

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.