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Rexdale-Kipling, Toronto
$849,000
Welcome to 45 Redwater Dr, a detached bungalow in the Rexdale-Kipling west Humber- Clairsville area. With 5 bedrooms and 2 bathrooms: 3 bedrooms on the main floor plus a finished 2-bedroom basement apartment. A 45 x 112 ft lot. main floor features a new kitchen, hardwood flooring, large windows, and access from the primary bedroom to the patio. The finished basement apartment has its own kitchen, living area, two bedrooms and laundry, making it suitable for extended family or rental income.4 private parking spaces. A major backing onto a park, providing a more private setting with no immediate rear neighbours. The long park nearby provides a convenient neighbourhood green space. Islington Ave bus service is nearby, including connections toward the parts of Etobicoke and Toronto. Local shops are within walking distance, with Fresh Value listed about a 6-minute walk, Tim Hortons, McDonald's, Mr. Sub, and Golden Gate Restaurant nearby. Hwy access to the 409 is approx. 4 min away. St. Stephen elementary, the elms elementary, Monsignor Parcy Johnson secondary and others nearby. The area is also nearby parks/recreation facilities, childcare, grocery stores, and so much more! 45 Redwater Dr is attractive for family, investors due to the layout: 5 bedrooms and a separate basement, 4-car-parking spots, park-facing backyard and proximity to shopping and transit access. Don't miss this one!
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,622 |
| Lot Size | 45 ft x 112 ft |
| mls© Number | W13795804 |
| Listed By | ROYAL LEPAGE IGNITE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,346
- Property tax
- $302
- Heat allowance
- $150
- Housing costs
- $4,797 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$148,000
gross annual household income
- Payment at 4%
- $3,573 / mo
- Cash down
- $169,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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