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.
Welcome to 717 Octave Grove, a meticulously maintained double-garage bungalow built by the famous builder URBANDALE Construction, located in the desirable Riverside South community. Featuring no back neighbours, this home offers a peaceful backyard setting with beautiful views and exceptional privacy. A charming covered front porch welcomes you home. Step inside, beginning with the spacious tiled foyer, the open concept interior showcases extensive upgrades, presenting like a SHOWROOM with a refined blend of elegance, comfort, and modern convenience. The chef's kitchen features impressive high ceilings, quartz countertops, an oversized centre island with breakfast bar, upgraded solid wood cabinetry, abundant storage, and premium stainless steel appliances. Adjacent to the kitchen, the formal dining area offers an inviting setting for gatherings. The focal point of the main level is the spectacular great room, featuring an amazing 12-foot ceiling, a cozy fireplace, and a dramatic wall of oversized windows overlooking the backyard. The main level offers two bedrooms and two full bathrooms. The spacious primary suite features generous closet space and a luxurious 4-piece ensuite with a glass-enclosed shower and double vanity. The generously sized secondary bedroom includes a convenient semi-ensuite connection to the main bathroom. A functional mudroom with laundry provides direct access to the double garage. The FULLY FINISHED lower level adds valuable living space with a large recreation room and a dedicated storage room, with rough-in ready for a future bathroom. Step outside to your private BACKYARD OASIS, fully fenced and complete with a decorative interlock patio-ideal for relaxing or entertaining. Enjoy an exceptional location just minutes from the LRT, parks, trails, top-rated schools, and shopping. This is an outstanding opportunity to experience upscale bungalow living in Riverside South.
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Estimated Rental Income
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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$3,676/mo
Mortgage (principal + interest)$3,179
Property taxFrom listing: $5,959/yr$497
Minimum $59,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. 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$169,980
Ontario land transfer taxProvincial brackets, no first-time refund$13,473
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$186,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Blossom Park - Airport and Area has no municipal land transfer tax (Toronto does).
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.
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