334 Rimilton Avenue, Toronto, ON

Alderwood, Toronto · MLS® W13845140

$1,050,000
For Sale
Listed 20 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • First Time For Sale By Original Owners.
  • Detached 2 Storey Home In Highly Sought Alderwood.
  • Over 1700sqft Above Grade, Double The Size Of Bungalows That Are Selling Around One Million.
  • Potential To Renovate/Rebuild.
  • Walk To Connorvale Park, TTC.

First Time For Sale By Original Owners. Detached 2 Storey Home In Highly Sought Alderwood. Functional Layout. Kitchen Overlooking The Backyard. Walkout To Backyard From Oversized Family Room. South Facing Lot, Large Sunfilled Bedrooms. Oak Hardwood Throughout. Over 1700sqft Above Grade, Double The Size Of Bungalows That Are Selling Around One Million. Move In Ready. Potential To Renovate/Rebuild. Fantastic Location. Quiet Street. Walk To Connorvale Park, TTC. Easy Access To Highway, Go Train, Downtown, Humber College, Sherway Gardens.

Key facts

Property type
Detached, 2-Storey
MLS®
W13845140
Bedrooms
3
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
40.92 × 101.9 ft
Cross streets
Kipling and Horner
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,120 / 2025
Days on market
20
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

Family RoomMain6.32 × 4.57 m

ceramic floor · gas fireplace · w/o to deck

Primary BedroomSecond4.31 × 3.16 m

hardwood floor · his and hers closets · overlooks backyard

Living RoomMain4.78 × 4.03 m

hardwood floor · combined w/dining · window

Bedroom 3Second3.63 × 2.62 m

hardwood floor · closet · window

Dining RoomMain3.14 × 2.71 m

hardwood floor · combined w/living · window

KitchenBasement3.15 × 3.07 m

ceramic floor · window · open concept

Bedroom 2Second4.83 × 3.01 m

hardwood floor · closet · window

RecreationBasement4.62 × 4.00 m

ceramic floor · window

KitchenMain4.08 × 3.16 m

ceramic floor · stainless steel appl · overlooks living

LaundryBasement4.07 × 3.25 m

ceramic floor · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Lanor 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.

Neighbourhood & location

Alderwood, 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.

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 7 more schools within 2.5 km
Twentieth Street Junior School · Public elementary1.4 km · 70% at standard
Sir Adam Beck Junior School · Public elementary1.5 km · 86% at standard
James S Bell Junior Middle School · Public elementary1.5 km · 70% at standard
The Holy Trinity Catholic School · Catholic elementary1.6 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary1.9 km · 84% at standard
St Josaphat Catholic School · Catholic elementary2.2 km · 45% at standard
Seventh Street Junior School · Public elementary2.4 km · 73% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,786/mo
$199KIncome needed
5.3×Price ÷ income
$1,104Weekly cost
$34,950Land transfer tax, one-time (Ontario + Toronto)
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 $4,786Property tax $427Total carry $5,212

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,645per month

Mortgage amount $840,000 · 4.49% over 25 years

$210,000Down payment (20.0%)
$840,000Loan before insurance
$0CMHC premium
$5,071Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,645
Property tax
$427
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,071

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

One-time closing costs

Ontario land transfer tax
$17,475
Toronto municipal land transfer tax
$17,475
Estimated closing costs
$34,950

Plus your down payment of $210,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,621/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

$553,351Total interest paid
$1,393,351Total of all payments
Principal $840,000 Interest $553,351
YearPrincipalInterestBalance
1$18,745$36,989$821,255
2$19,596$36,138$801,658
3$20,486$35,248$781,172
4$21,416$34,318$759,756
5$22,389$33,345$737,368
6$23,405$32,329$713,962
7$24,468$31,266$689,495
8$25,579$30,155$663,916
9$26,740$28,994$637,176
10$27,954$27,780$609,221
11$29,223$26,511$579,998
12$30,550$25,184$549,447
13$31,937$23,797$517,510
14$33,388$22,346$484,122
15$34,903$20,831$449,219
16$36,488$19,246$412,731
17$38,145$17,589$374,586
18$39,877$15,857$334,709
19$41,687$14,047$293,021
20$43,580$12,154$249,441
21$45,559$10,175$203,882
22$47,628$8,107$156,255
23$49,790$5,944$106,465
24$52,051$3,683$54,414
25$54,414$1,320$0

At the end of your 5-year term

Total paid over the term
$278,670
Principal paid down
$102,632
Interest paid
$176,038
Balance remaining
$737,368

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$3,150/mo
$37,800Gross annual rent
2.6%Cap rate after taxes and upkeep

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.

3.6%
Gross yield
− Property tax $5,120− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,122

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

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