88 Waterford Drive, Toronto, ON

$1,599,900
MLS#:W12057815
5 beds
3 baths
< 700 sqft
8.0 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This listing is no longer active (Sold)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 3 detached located in the coveted neighborhood of Willowridge-Martingrove-Richview. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,900 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.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 56.1 x 125.17 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 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

Wonderful Home in Richmond Gardens...Discover your dream home nestled in the highly sought-after neighborhood. This remarkable property welcomes you with a spacious covered front porch and offers a perfect blend of comfort, and convenience, making it an ideal choice for families and individuals alike Enjoy 4+1 spacious bedrooms, including a primary suite with an ensuite bathroom, providing a private oasis for relaxation. The additional bedroom on the lower level offers flexibility for use as an office or guest room. The open concept living and dining areas are perfect for entertaining guests or enjoying family dinners. These spaces seamlessly overlook the renovated, family-sized eat-in kitchen, ensuring that no one is ever far from the action. Grand Family Room featuring a cozy fireplace and a walkout to a sunny yard, this grand family room is perfect for gatherings or quiet evenings at home. The lower level recreation room is a versatile space that can be transformed into a children's playroom, entertainment center, catering to your family's unique needs. Convenient amenities such as the two-car garage provides ample storage space, ensuring your vehicles and belongings are well protected. Located in a prime area, this home is just steps away from popular schools, shops, restaurants, and public amenities like the TTC, parks, library, public pool, and tennis courts. The area outdoor and lifestyle opportunities such as Walk/Bike Trails: Enjoy miles of scenic trails running east to The Beaches and west to Mississauga, perfect for outdoor enthusiasts. Experience the convenience of being minutes away from the subway and airport, making travel simple and stress-free. This spacious home in is truly a must-see. Just add your personal touches to make it your own, begin a new chapter in a vibrant and welcoming community. Love your life in this exceptional home!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 2, 2025
Sold price information is available to members only
Listed Date4/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBacksplit 3
ConstructionBrick
BasementFinished
Lot Size56.1 × 125.17 Feet
CountyToronto
Annual Tax$6,831.01
Legal DescriptionLT 23 Plan 6564 S/T EB268731

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Library, Park, Place Of Worship, Public Transit, School

Interior Features

Other

Security Features

Community Features

Location

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88 Waterford 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 88 Waterford Drive, Toronto W09, ON M9R 2N6

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$319,980 (20.0%)
* Minimum Canadian down payment required for this price is $319,980.
Amortization Period25 Years
Estimated Monthly Payment$7,627Based on a loan of $1,279,920 over 25 years.
Purchase Price$1,599,900
Loan Amount$1,279,920
Provincial Land Transfer Tax:$28,473
Toronto Municipal Land Transfer Tax:$28,473
Total Estimated Closing Taxes:$56,946

About Purchasing a Home in Toronto, ON

For a property listed at $1,599,900 in Toronto, the legal minimum down payment is $319,980 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 $28,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,473 also applies, bringing the total estimated land transfer taxes to $56,946.

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 Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,260

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 Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

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.