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New2 hours ago

454 Rimilton Avenue

Alderwood, Toronto

$1,089,000

Detached|Bungalow
3 | 2 | 2
About this home

This intriguing, solid brick bungalow is a true treasure with loads of potential! Renovate, top up, split/sever the lot, build new, or simply move-in and enjoy! Ideally situated on a WIDE 45 x 130 ft corner lot on postcard-pretty, tree-lined street in family-friendly Alderwood, this spacious 3+1-bedroom home has been lovingly owned by the same family for over 70 years! Uniquely positioned on a corner, the property offers welcoming front and side entrances from both Rimilton and Hallmark Ave. The freshly painted main floor offers 1,196 sq ft (per MPAC), plus an additional 1,129 sq ft in the unfinished lower level (per floor plans). Decorated in Benjamin Moore's trendy 'Dune White', the main floor feels bright and inviting. Updated lighting complements the solid oak hardwood floors, recently refinished in 'Special Walnut'. The spacious living/dining room features a large south-facing window that floods the space with natural light. The generously sized kitchen offers abundant cabinetry, a floor-to-ceiling pantry, ceramic backsplash and built-in desk. Two west-facing windows overlook the side yard, filling the kitchen with warm afternoon light and spectacular sunset hues. Three good-sized main-floor bedrooms feature fresh paint and beautifully refinished hardwood floors. The high, unspoiled basement awaits your personal touch, offering excellent potential for additional family living space or future income opportunities ($$$)! Outside, enjoy an enormous, pool-sized 45 x 130 ft lot with private drive, attached garage and lush green backyard-perfect for relaxing in the afternoon sunshine or entertaining family & friends. The location is exceptional! Steps to local parks and schools, and a short walk to French immersion, scenic hiking/biking trails, Farm Boy and Long Branch GO Station. A short drive to local shopping, big-box stores and Sherway Gardens, with easy access to highways and the airport. A fantastic opportunity in much-loved East Alderwood! See attached survey.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,980
Lot Size45 ft x 130 ft
mls© NumberW14102734
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,574
Property tax
$415
Heat allowance
$150
Housing costs
$6,139 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $217,800
25-yr amortization

Income needed

$189,000

gross annual household income

Payment at 4%
$4,583 / mo
Cash down
$217,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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