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For SaleDetached · 2-StoreyMLS® #W14168734 · TRREB MLS®

124 Redwater Dr, Toronto, Ontario

Rexdale-Kipling, Toronto, Ontario M9W 2A2

Bedrooms
4+2
Lot Size
46 x 112 ft
Bathrooms
5
Type
Detached
Basement
Apartment

$1,699,999

Estimated market value

About 124 Redwater Dr

124 Redwater Dr is a 4+2-bedroom, 5-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

    Good
    78out of 100

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    37out of 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.

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
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

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.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$1,699,999—For SaleW14168734

Members see the full history. Prices are hidden from signed-out visitors.

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 Kishan Patel for a full comparative market analysis.

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
5
Bathroom Details
1 × 3pc Main, 1 × 3pc 2nd, 1 × 3pc 2nd, 1 × 4pc 2nd, 1 × 3pc Bsmt
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

RoomSizeFeaturesLevel
Living6.0 × 3.4 mMarble Floor, Bay WindowMain
Foyer4.0 × 1.7 mMarble FloorMain
Sitting3.7 × 3.8 mMarble Floor, Side DoorMain
Dining4.5 × 3.4 mMarble Floor, Panelled, Large WindowMain
Family4.0 × 4.1 mhardwood floor, FireplaceMain
Breakfast4.0 × 2.5 mPorcelain FloorMain
Kitchen4.0 × 4.0 mPorcelain Floor, Quartz CounterMain
Primary4.0 × 5.4 mLarge Window, Ensuite Bath, His/Hers Closets2nd
Laundry1.7 × 2.7 m—2nd
Br2.9 × 3.4 m—2nd
Br3.6 × 3.1 mEnsuite Bath, Closet2nd
Br4.3 × 3.5 mBay Window, Closet2nd
Den4.6 × 2.9 mW/O To Balcony2nd
Kitchen4.1 × 4.7 m—Bsmt
Living7.7 × 3.2 mCombined W/DiningBsmt
Dining7.7 × 3.2 m2 Way FireplaceBsmt
Family2.5 × 3.1 m—Bsmt

Map and tour

Detached homes for sale in Rexdale-Kipling right now

For sale now
19
Median asking price
$889K

Middle half: $818K to $972K

This home is asking 91% above the median, higher than three quarters of them.

See all homes in Rexdale-Kipling

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

No open development application found on this home’s street within 800m in the City’s file. Applications on nearby streets are not searched here.

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.

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.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

18 records · 11 on fileMatched 2026-11-11
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 7 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 5,160 sq ft18 building permits issued within 250 m in the last 2 yearsNearest airport: 4.4 kmNearest rail line: 930 mA trail or path within 1 kmAt least 3 licensed child care centres within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m2 facilities within 1 km report pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record No record found in the source searched

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.At the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 7 m below ground nearbyThe middle water level in the well records within 500 m (97 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
  • 18 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 4.4 km4.4 km
  • Mapped parcel: about 5,160 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · City of Toronto property boundaries

Around the home3

  • Nearest rail line: 930 m930 m
  • A trail or path within 1 km1 km
  • At least 3 licensed child care centres within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.1 km

Province of Ontario open data · Provincial and municipal trail maps

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Voyant Beauty, Inc. — Plant #2, 720 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

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.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Benedict Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion900 m73%Grade 6 average
St Stephen Catholic SchoolToronto CDSBCatholic · grades JK–81.2 km64%Grade 6 average
The Elms Junior Middle SchoolToronto DSBPublic · grades JK–81.4 km57%Grade 6 average
École élémentaire Félix-LeclercConseil scolaire ViamondeFrench-language public · grades JK–63 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Caring and Safe School 1Toronto DSBPublic · grades 9–12350 m—
Monsignor Percy Johnson Catholic High SchoolToronto CDSBCatholic · grades 9–12700 m52%Grade 9 math
Thistletown Collegiate InstituteToronto DSBPublic · grades 9–121.3 km33%Grade 9 math
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–129.4 km57%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.

Transit nearby

StationLinesDistance
Etobicoke North GOGO Transit train: Kitchener1.2 km
Martin Grove StationTTC light rail: Line 6 Finch West3.1 km
Humber College StationTTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles3.2 km
Mount Olive StationTTC light rail: Line 6 Finch West3.3 km
Albion StationTTC light rail: Line 6 Finch West3.3 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.

Zoning

Zone

RD (f13.5; a510; d0.45)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f13.5

    Frontage: at least 13.5 m.

  2. 2 a510

    Lot area: at least 510 m² per dwelling unit.

  3. 3 d0.45

    Density: floor area is capped at 0.45 times the lot area.

  4. 4 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013

  5. 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.

Lot

Lot area
5,152 sq ft479 m²
Street frontage
46 ft14 m
Depth
112 ft34.1 m
46 × 112 ftREDWATER DR

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.

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.

Mortgage Calculator

Plan with the current asking price

20% · $340,000

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
−$1,975per month
  • 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.

Market area · filters apply to the charts below

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Sold prices in Rexdale-Kipling are shown to signed-in members.

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