- Bedrooms
- 4+2
- Bathrooms
- 10
- Size
- 3,000–3,500sq ft
- Per sq ft
- $523at the range’s middle
- Lot
- 46 x 112 ft
- Tax a year
- $8,6322025 tax year
- Built
- 6-15
- Parking
- 52 attached
- Days on market
- Members
The brief
About 124 Redwater Dr
124 Redwater Dr is a 4+2-bedroom, 10-bathroom detached house in Rexdale-Kipling, Toronto, listed for sale at an asking price of $1,699,999 (MLS® W14168734).
EXCEPTIONAL CUSTOM LUXURY RESIDENCE | OVER 4,400 SQ. FT. OF FINISHED LIVING SPACE. Discover an extraordinary fully customized luxury residence where modern sophistication meets exceptional craftsmanship. Offering over 3,000 sq. ft. above grade plus approximately 1,400 sq. ft. of beautifully finished lower-level living space, this extensively upgraded home showcases an uncompromising standard of quality and design. Featuring exquisite high-grade marble, premium custom millwork, beautifully crafted custom closets, designer finishes, and meticulous attention to detail throughout. Equipped with advanced smart-home technology and a whole-home generator, this residence seamlessly combines luxury, functionality, and modern convenience. Fully renovated kitchen with high end quartz countertops. Thoughtfully designed for elegant entertaining and comfortable family living, the home offers two additional sitting areas/dens, providing versatile spaces for relaxation, work, or reading your favourite book. Step outside into a tranquil backyard retreat, beautifully finished with low-maintenance turf, stone interlocking with an integrated sprinkler system and professionally landscaped. An exceptional highlight is the city-approved legal secondary suite, featuring two spacious bedrooms, a separate kitchen, washroom, and dedicated laundry facilities. Offering remarkable flexibility for multigenerational living, extended family, or potential rental income. Ideally situated in a private and desirable residential setting, with convenient access to all major highways. Excellent Schools and Public Transit ( TTC/KIPLING GO). A rare opportunity to own a truly custom, home. Come see for yourself. Rare Beauty you don't want to miss.
Insights
Condition Score
Good78/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$1,975/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 51 detached homes with 6 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,632 / 2025
- MLS® number
- W14168734
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 6-15
- Days on market
- Size
- 3000-3500 sqft
- Lot Size
- 46 x 112 ft
- Listed on
- Parking
- 2 Attached, 5 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Rexdale-Kipling
- Municipality
- Toronto
Building
- Size
- 3000-3500 sqft
- Building Age
- 6-15
- Construction
- Brick
Inside
- Bedrooms
- 4+2
- Bathrooms
- 10
- Bathroom Details
- 1 × 3pc Main, 2 × 3pc 2nd, 3 × 3pc, 4 × 4pc 2nd
- Basement Type
- Apartment
- Kitchens
- 1
Parking
- Driveway
- Available
- Garage Type
- Attached
- Garage
- 2
- Additional Parking
- 3
- Total Parking
- 5
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 46 ft
- Depth
- 112 ft
- Lot Size
- 46 x 112 ft
Additional
- Foundation
- Brick, Concrete, Stone
- Roof
- Asphalt Shingle
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 6.0 × 3.4 m | Marble Floor, Bay Window | Main |
| Foyer | 4.0 × 1.7 m | Marble Floor | Main |
| Sitting | 3.7 × 3.8 m | Marble Floor, Side Door | Main |
| Dining | 4.5 × 3.4 m | Marble Floor, Panelled, Large Window | Main |
| Family | 4.0 × 4.1 m | hardwood floor, Fireplace | Main |
| Breakfast | 4.0 × 2.5 m | Porcelain Floor | Main |
| Kitchen | 4.0 × 4.0 m | Porcelain Floor, Quartz Counter | Main |
| Primary | 4.0 × 5.4 m | Large Window, Ensuite Bath, His/Hers Closets | 2nd |
| Laundry | 1.7 × 2.7 m | — | 2nd |
| Br | 2.9 × 3.4 m | — | 2nd |
| Br | 3.6 × 3.1 m | Ensuite Bath, Closet | 2nd |
| Br | 4.3 × 3.5 m | Bay Window, Closet | 2nd |
| Den | 4.6 × 2.9 m | W/O To Balcony | 2nd |
| Kitchen | 4.1 × 4.7 m | — | Bsmt |
| Living | 7.7 × 3.2 m | Combined W/Dining | Bsmt |
| Dining | 7.7 × 3.2 m | 2 Way Fireplace | Bsmt |
| Family | 2.5 × 3.1 m | — | Bsmt |
Listing history
Buy/sell history for 124 Redwater Dr, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,699,999 | N/A | For Sale | W14168734 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $340,000
- Total mortgage amount
- $1,359,999
- Total interest payment
- $966,801
- Total purchase cost
- $2,666,800
- Mortgage payment
- $7,756/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
40%Monthly carrying cost
$8,475- Rent $6,500
- Shortfall $1,975
Rental income opens at $6,500, the median asking rent of 51 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $30,475
- Toronto municipal land transfer tax
- $30,475
- Total land transfer tax
- $60,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $52,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,699,999
- $26,000
- Ontario total
- $30,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,475.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 5,152 sq ft479 m²
- Street frontage
- 46 ft14 m
- Depth
- 112 ft34.1 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RD (f13.5; a510; d0.45)By-law
569-2013Municipality
Toronto1 f13.5
Frontage: at least 13.5 m.
2 a510
Lot area: at least 510 m² per dwelling unit.
3 d0.45
Density: floor area is capped at 0.45 times the lot area.
4 Where this is written
Chapter 10, section 10.20 of By-law 569-2013
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
6 building permits cleared at this address in the City’s file.
Second Suite (New)Closed
Proposal for interior alterations to the basement to create a secondary suite. Work to include non-load bearning partitions, plumbing, location of diffusers and return air and a new rear yard basement walkout.
Issued August 15, 2019
DemolitionClosed
Proposal to demolish existing single storey SFD, Detached.
Issued May 23, 2014
Building Permit Related(MS)Closed
HVAC - Proposal to construct new SFD, Detached with garage.
Issued May 20, 2014
Building Permit Related(PS)Closed
Plumbing - Proposal to construct new SFD, Detached with garage.
Issued May 20, 2014
New BuildingClosed
Proposal to construct new SFD, Detached with garage.Refer to ZZC 13-200038 and COA Decision A521/13EYK. See related DEMO permit 14-139504
Issued May 20, 2014
Building Permit Related (DR)Closed
Drain - Proposal to construct new SFD, Detached with garage.
Issued May 20, 2014
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
No open development applications within 800 m of this home.
The market
Detached homes for sale in Rexdale-Kipling right now
- For sale now
- 19
- Median asking price
- $889K
- New in 7 days
- 4
- Price cuts
- 26%
Middle half: $818K to $972K
9 in 28 days
5 listings
This home is asking 91% above the median, higher than three quarters of them.
See all homes in Rexdale-KiplingAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Etobicoke North GO | GO Transit train: Kitchener | 1.2 km |
| Martin Grove Station | TTC light rail: Line 6 Finch West | 3.1 km |
| Humber College Station | TTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles | 3.2 km |
| Mount Olive Station | TTC light rail: Line 6 Finch West | 3.3 km |
| Albion Station | TTC light rail: Line 6 Finch West | 3.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Benedict Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 900 m | 73%Grade 6 average |
| St Stephen Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 km | 64%Grade 6 average |
| The Elms Junior Middle SchoolToronto DSB | Public · grades JK–8 | 1.4 km | 57%Grade 6 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 3 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Caring and Safe School 1Toronto DSB | Public · grades 9–12 | 350 m | — |
| Monsignor Percy Johnson Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 700 m | 52%Grade 9 math |
| Thistletown Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 33%Grade 9 math |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 9.4 km | 57%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Rexdale-Kipling are shown to signed-in members.