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Listed 23 days ago

344 Rimilton Avenue

Alderwood, Toronto

$1,100,000

Detached|Bungalow
2 | 2 | 2
About this home

Fall in love with 344 Rimilton Ave, a stunning turnkey bungalow nestled on a premium 46ft lot in South Etobicoke's desirable Alderwood neighbourhood. Meticulously and thoughtfully renovated in 2020, the main floor features an airy, light-filled open-concept design that effortlessly flows into a spectacular chef's kitchen with quartz countertops,the ultimate backdrop for entertaining. Extend your gatherings outdoors to the private backyard, featuring beautiful patio stones installed in 2021 that have been specially reinforced to support a future hot tub. Downstairs, discover a rare find: a finished basement with impressive 7'3" ceiling heights. Fully integrated as a Smart Home and engineered for energy efficiency with premium R-60 insulation (2020). Enjoy an unbeatable location close to parks, waterfront trails, Toronto Pearson Airport, and easy commuting routes. Full list of updates available via separate attachment!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$5,287
Lot Size46.08 ft x 108.62 ft
mls© NumberW13558490
Listed ByROYAL LEPAGE PORRITT REAL ESTATE

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%
$5,630
Property tax
$441
Heat allowance
$150
Housing costs
$6,221 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$191,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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