388 Rimilton Avenue, Toronto, ON
This listing is no longer active (Sold)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 4 detached located in the coveted neighborhood of Alderwood. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,498,000 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.
- 5 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 45 x 132 ft lot
- Features a apartment, separate entrance 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: Water Heater, Auto Garage Door Remote, Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
First time on the market and this home will NOT disappoint. 388 Rimilton Ave was a family-built home for the family who still reside there today! The main floor has a large and welcoming foyer and a spacious living room overlooking the front veranda with a beautiful maple tree. The dining room is combined with the living room and is across from the eat-in kitchen. The kitchen walks out to a covered and spacious terrace for your early morning coffee or afternoon/evening vino! The split level offers the 4th bedroom, a 3 PC washroom, 2 closets, a side entrance, and a large family room with a fireplace and a walk-out to the patio for BBQs and a fully fenced yard. The primary bedroom has a 3 PC ensuite, and double closet, and the 2nd & 3rd bedrooms also have double closets and share the updated 4 PC washroom. This home continues to the basement which has a wonderful Rec room with updated laminate floors. The laundry & utility room is combined and has a 2 PC washroom. Aside from the main house, this home also has a self-contained 1 bedroom apartment, a large living room with a fireplace, a spacious bedroom with a closet, an eat-in kitchen, a 4 PC washroom, a laundry room with a sink, a mudroom, and a cold cellar. Great for additional income, extended family, or the in-laws. Let's not forget about the double-car attached garage and 2 additional parking in the driveway. This home has over 2000 sq ft above grade & 1734 sq ft in the basement. 388 is looking for a new family to call home and give it the love this family has since 1977. Steps to Schools, Franklin Horner Community Centre, Connorvale Park, Sherway, Shoppes of Alderwood, FarmBoy, 427 & Gardiner
Schedule a Tour
Contact us to schedule a private viewing of this property.
Contact Agent
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Rec./Commun.Centre, School, School Bus Route, Park, Place Of Worship
Interior Features
Water Heater, Auto Garage Door Remote, Central Vacuum, In-Law Capability, In-Law Suite
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Location
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 388 Rimilton Avenue, Toronto W06, ON M8W 2G2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
Configure Loan Settings
About Purchasing a Home in Toronto, ON
For a property listed at $1,498,000 in Toronto, the legal minimum down payment is $299,600 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 $26,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,435 also applies, bringing the total estimated land transfer taxes to $52,870.
Nearby Listings
No current listings found in Toronto.
Similar Listings Nearby
City & Neighborhood Guide
Comprehensive city-wide demographics, local real estate stats, and school rankings for Alderwood, Toronto.
People & Families
Age Distribution
Household Composition
Top Ethnic Origins
Local Schools Guide
Elementary Schools
Secondary Schools
Homes & Housing
Structural Home Types
Tenure (Ownership vs Rental)
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.
