$1,150,000

For sale

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334 Rimilton Avenue, Toronto (Alderwood) - Single Family for Sale

334 Rimilton Avenue, Toronto (Alderwood), Ontario, M8W2E4

3 beds3 baths3 parking ft²

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2 bd1 ba1 pkLot size 25 × 115 ft (2,875 sq ft)

Listed by RE/MAX REALTY SPECIALISTS INC.

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3 Gair Drive, Toronto (Alderwood), Ontario, M8W4P2

For sale

9 days ago

$1.65M

3 Gair Drive, Toronto (Alderwood), Ontario, M8W4P2

5 bd4 ba10 pk2,250 ft²Lot size 40 × 133 ft (5,300 sq ft)

Listed by RE/MAX PROFESSIONALS INC.

12 Silvercrest Avenue, Toronto (Alderwood), Ontario, M8W2S4

For sale

9 days ago

$888K

12 Silvercrest Avenue, Toronto (Alderwood), Ontario, M8W2S4

5 bd2 ba4 pk900 ft²Lot size 40 × 125 ft (5,000 sq ft)

Listed by CENTURY 21 PERCY FULTON LTD.

Investment analysis

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$1,150,000

Toronto

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Description

First Time For Sale By Original Owners. Detached 2 Storey Home In Highly Sought Alderwood. Functional Layout. Kitchen Overlooking The Backyard. Walkout To Backyard From Oversized Family Room. South Facing Lot, Large Sunfilled Bedrooms. Oak Hardwood Throughout. Over 1700sqft Above Grade, Double The Size Of Bungalows That Are Selling Around One Million. Move In Ready. Potential To Renovate/Rebuild. Fantastic Location. Quiet Street. Walk To Connorvale Park, TTC. Easy Access To Highway, Go Train, Downtown, Humber College, Sherway Gardens. (id:66096)

Property Details

MLS®: W13845140
Property Type: Single Family
Zoning: RM (U3*18)
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 41 × 102 ft (4,168 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $5,120.25/yr
Listed: 36 days ago

Rooms

Main level

Family room: 6.32 x 4.57 meters
Living room: 4.78 x 4.03 meters
Dining room: 3.14 x 2.71 meters
Kitchen: 4.08 x 3.16 meters

Second level

Primary Bedroom: 4.31 x 3.16 meters
Bedroom 3: 3.63 x 2.62 meters
Bedroom 2: 4.83 x 3.01 meters

Basement

Kitchen: 3.15 x 3.07 meters
Recreational, Games room: 4.62 x 4 meters
Laundry room: 4.07 x 3.25 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

36d

Toronto (Alderwood) listings, avg age

45d

Price / ft²

$657

List price

$1.15M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M8W)

This home lists at $1,150,000, about 12.1× the local median household income of $95,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 136% above the area median.

Median household income: $95,000
Population: 22,381
Median age: 41.6
Owner / renter: 65% / 36%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M8W)

$1,150,000· $657/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$427/mo

Total monthly$6,304

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$38,950

Est. closing costs$5,950

Total cash needed$134,900

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334 Rimilton Avenue, Toronto (Alderwood) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M8W)

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