34 Riverlea Drive, Toronto, ON

$1,539,000
MLS#:W9014052
3 beds
3 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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of Humber Heights. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,539,000 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 3 Bathrooms
  • Premium 60 x 130 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 attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Prime Etobicoke Location; Premium 60 X 130' Lot With Large Private Backyard Oasis. Beautiful European Inspired Home W/ Plank Hardwood Flooring Through Out , Fantastic Family Sized Great Room Wi 20 Ft Ceilings, Original Wood Beams, Fireplace , Marble Staircase & Built-Ins. Gorgeous Kitchen W/ Quartz Countertops, High End Appliances Wi Walk Out To Stone Patio Surrounded By Mature Trees As Well As A Workshop/Art Studio. Primary Bedroom Features A Luxurious Marble Ensuite, Juliette Balcony & Walk-In Closet. A Home You Will Fall In Love With! Steps To Parks, Humber River, Ttc & Up Express & Weston Village Shops & Restaurants.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 23, 2024
Sold price information is available to members only
Listed Date7/5/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionStucco (Plaster)
BasementFinished, Separate Entrance
Lot Size60 × 130 Feet
CountyToronto
Annual Tax$6,622
Legal DescriptionLot 1, Plan 3027 W PT LOT 2

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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34 Riverlea 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 34 Riverlea Drive, Toronto W09, ON M9P 2H4

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$307,800 (20.0%)
* Minimum Canadian down payment required for this price is $307,800.
Amortization Period25 Years
Estimated Monthly Payment$7,337Based on a loan of $1,231,200 over 25 years.
Purchase Price$1,539,000
Loan Amount$1,231,200
Provincial Land Transfer Tax:$27,255
Toronto Municipal Land Transfer Tax:$27,255
Total Estimated Closing Taxes:$54,510

About Purchasing a Home in Toronto, ON

For a property listed at $1,539,000 in Toronto, the legal minimum down payment is $307,800 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 $27,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,255 also applies, bringing the total estimated land transfer taxes to $54,510.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,078,971

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 Demetrius
Public125 La Rose Avenue, Etobicoke, Toronto, Ontario, M9P 1A6
7.9
Holy Angels
Public100 Allanhurst Drive, Etobicoke, Toronto, Ontario, M9A 5E4
5.6
St Eugene
Public30 Westroyal Road, Etobicoke, Toronto, Ontario, M9P 2C3
7.7
Father Serra
Public111 Sun Row Drive, Etobicoke, Toronto, Ontario, M9P 3J3
8.6
St Bernard
Public12 Duckworth Street, Toronto, Ontario, M6M 4W4
4.5

Secondary Schools

Weston
Public100 Pine Street, York, Toronto, Ontario, M9N 2Y9
3.0
Richview
Public1738 Islington Avenue, Etobicoke, Toronto, Ontario, M9A 3N2
8.7
Chaminade
Public490 Queen's Drive, Toronto, Ontario, M6L 1M8
5.1
York Memorial
Public2690 Eglinton Avenue West, York, Toronto, Ontario, M6M 1T9
2.9

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.