88 Riverdale Drive, Toronto, ON

Thistletown-Beaumonde Heights, Toronto · MLS® W13588710

$1,200,000
For Sale
Listed 1 day ago
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3Bedrooms
2Bathrooms
2Garage · 6 parking
2000-2500Sq Ft

About this home

Lucky Number 8s! Welcome to 88 Riverdale Drive in the heart of Etobicoke. Proudly offered for the first time, this custom-built bungalow, built in 1992, offers an impressive 2,114 sq. ft. of thoughtfully designed living space, all on one level! Nestled on a spectacular 50 x 200-foot private, treed lot, this home offers exceptional space, quality craftsmanship, and a timeless layout. Step through the custom front door into a grand foyer with skylight that sets the tone for the spacious interior. The elegant living room with a large bay window flows into the formal dining room, while the expansive family room features a soaring vaulted ceiling and oversized window overlooking the beautifully landscaped backyard. The bright eat-in kitchen is filled with natural light from two skylights and offers a generous breakfast area with a walkout to the deck. The spacious primary retreat features hardwood flooring, a walk-in closet, and a 4-piece ensuite. Two additional well-sized bedrooms, a main-floor laundry room with laundry tub, and convenient interior access to the attached double garage complete this exceptional home. Also, huge potential in the massive and bright, 8 foot tall open concept 2130 square foot basement! The deep, mature lot provides outstanding privacy and endless possibilities to enjoy or enhance the outdoor space. Ideally located close to parks, schools, shopping, restaurants, public transit, major highways, and Pearson International Airport. Furnace and AC both serviced in 2026. A rare opportunity to own this well maintained custom built bungalow on a premium oversized lot! Some photos have been virtually staged.

Key facts

Property type
Detached, Bungalow
MLS®
W13588710
Bedrooms
3
Bathrooms
2
Size
2000-2500
Lot
50 × 200 ft
Cross streets
Islington Ave & Barker Ave.
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,031 / 2026
Days on market
1
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Primary BedroomMain4.70 × 3.85 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Bedroom 2Main3.79 × 3.65 m

broadloom · double closet · large window

Bedroom 3Main3.63 × 2.72 m

broadloom · double closet · large window

BreakfastMain3.34 × 2.79 m

tile floor · skylight · w/o to deck

KitchenMain3.30 × 3.24 m

tile floor · pot lights · eat-in kitchen

Dining RoomMain3.64 × 3.64 m

hardwood floor · french doors · open concept

Living RoomMain4.01 × 3.96 m

hardwood floor · bay window · open concept

FoyerMain3.92 × 2.23 m

tile floor · skylight · access to garage

RecreationBasement14.64 × 12.22 m

Unfinished

LaundryMain3.78 × 1.84 m

vinyl floor · laundry sink · b/i shelves

Moe’s TakeTeam Asgarian · Broker
In line
$1.15Mest. value

Listed at $1,200,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Thistletown-Beaumonde Heights lately, sellers have been getting about 98% of asking and homes sell in about 34 days.

There were not many closely comparable homes right in Thistletown-Beaumonde Heights, so I widened the search to the surrounding area.

Based on 12 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 12 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.36M, a bit higher.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $1.04M
  • Bedrooms −$33K
  • Bathrooms −$16K
  • Adjusts to $990K

That comparable adjusts to $990K; the $1.15M estimate above is the median of all 12 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Beaumonde Heights Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$990KGreat deal$1.23MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 12 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.36Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

17 Greenyards Drive$1.30M418 Ossington Avenue$1.70M4 Jean Street$1.50M49 Woodville Avenue$1.30M139 King Edward Avenue$999k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.20MThis home1.30M1.70M1.50M1.30M999kThis home vs active comparables
Live market pulseActive comparables in Thistletown-Beaumonde Heights · median list $949K
$533this home / sqft
7active listings nearby
1days on market
71sold nearby · 90 days
$880Kmedian sold price
98%of asking, on average

This home lists 37% below the area average of $844/sqft.

0 days faster than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Thistletown-Beaumonde Heights, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Eringate-Centennial-West Deane
$1000K
Bedford Park-Nortown
$2.28M
Willowdale East
$3.00M
Alderwood
$1.40M
Leaside
$1.73M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Beaumonde Heights Junior Middle School
70%
Beaumonde Heights Junior Middle SchoolPublic · Elementary · 1.4 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$5,469/mo
$228KIncome needed
5.3×Price ÷ income
$1,262Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $5,469Property tax $503Total carry $5,972

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,123per month

Mortgage amount $960,000 · 4.14% over 25 years

$240,000Down payment (20.0%)
$960,000Loan before insurance
$0CMHC premium
$5,625Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,123
Property tax
$503
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,625

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,475
Toronto municipal land transfer tax
$20,475
Estimated closing costs
$40,950

Plus your down payment of $240,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,222/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$576,875Total interest paid
$1,536,875Total of all payments
Principal $960,000 Interest $576,875
YearPrincipalInterestBalance
1$22,489$38,986$937,511
2$23,430$38,045$914,080
3$24,410$37,065$889,670
4$25,431$36,044$864,239
5$26,495$34,980$837,744
6$27,603$33,872$810,140
7$28,758$32,717$781,383
8$29,961$31,514$751,422
9$31,214$30,261$720,208
10$32,520$28,955$687,688
11$33,880$27,595$653,808
12$35,297$26,178$618,511
13$36,773$24,702$581,738
14$38,312$23,163$543,426
15$39,914$21,561$503,512
16$41,584$19,891$461,928
17$43,323$18,152$418,605
18$45,135$16,340$373,470
19$47,023$14,452$326,447
20$48,990$12,485$277,457
21$51,039$10,436$226,418
22$53,174$8,301$173,244
23$55,398$6,077$117,845
24$57,716$3,759$60,130
25$60,130$1,345$0

At the end of your 5-year term

Total paid over the term
$307,375
Principal paid down
$122,256
Interest paid
$185,119
Balance remaining
$837,744

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
3.1%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.2%
Gross yield
− Property tax $6,031− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,425

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.

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