The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Attention builders, developers and investors! One of very few homes backing directly onto Rippleton Park. Don't miss this warm and inviting family home in the highly desirable Banbury-Don Mills neighbourhood! Rarely offered, bungalow detached home with new paint - move right in, or take advantage of the exceptional potential to renovate, reimagine, or build your dream home on this premium 70 x 110 ft lot! Detached garage plus parking for 4. This spacious home boasts a very functional layout with generous principal rooms - perfect for entertaining. A functional galley kitchen with large living and dining room with wood-burning fireplace, overlooking backyard & park, laminate flooring throughout. The finished basement with separate entrance features two bedrooms, one bathroom, walkup to backyard - ideal for in-law suite or future rental potential. The mature treed lot features an oversized backyard stepped out to the park! Situated within steps to many nearby parks, ravines & trails, minutes from Hwy 404 & 401,Shops at Don Mills, Don Mills trails. The location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and botanical garden (Edwards Gardens). And the very best that York Mills has to offer!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$9,380/mo
Mortgage (principal + interest)$8,529
Property taxFrom listing: $10,210/yr$851
Minimum 20% ($456,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$456,000
Ontario land transfer taxProvincial brackets, no first-time refund$43,475
Toronto land transfer taxMunicipal brackets, no first-time refund$43,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$545,750
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
