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59 REDWATER DRIVE, Toronto (Rexdale-Kipling) — listed at $899,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional opportunity in prime Rexdale-Kipling with outstanding income potential! This detached raised bungalow sits on a premium 45 ft frontage by 112 ft depth lot, offering unmatched versatility for multi-generational families and savvy investors. It's designed to bring in a lot of natural light. The functional 3+2 bedroom layout features a common split-entry foyer with a private basement access, 2 full washrooms, shared laundry, and 2 full kitchens-including a bright main-floor kitchen with a large skylight flooding the space with natural light. Enjoy an expansive, custom full-width sunroom extending your living space, plus a bonus basement sauna. Park up to 6 vehicles with ease, thanks to the 1-car garage and extra long 5-car driveway. Unbeatable location: minutes away from Costco, Humber College, Pearson Airport, North GO, TTC, and Hwy 401/427! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4 x 3.6 meters |
| Dining room | Main level | 3.12 x 2.95 meters |
| Kitchen | Main level | 3.2 x 2.86 meters |
| Solarium | Ground level | 6.46 x 3.6 meters |
| Primary Bedroom | Main level | 4.1 x 2.59 meters |
| Bedroom 2 | Main level | 3.64 x 2.85 meters |
| Bedroom 3 | Main level | 3.04 x 2.97 meters |
| Sunroom | Main level | 2.5 x 1 meters |
| Recreational, Games room | Basement | 6.4 x 4.84 meters |
| Office | Basement | 6.96 x 3.2 meters |
What's the parking situation?+
This property includes 3 spaces — Attached Garage, Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,859.57, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Rexdale-Kipling) before counting on it.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Separate entrance, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
Is 59 REDWATER DRIVE a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
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