441 Rimilton Avenue, Toronto, ON

Alderwood, Toronto · MLS® W13845510

$940,000
For Sale
Listed 19 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 2 parking
700-1100Sq ft

About this home

In short

  • An Affordable Detached Home Offering The Perfect Opportunity For A Young Couple To Get Into The Market While Keeping Family Close.
  • Charming 2+1 Bedroom, 2 Bathroom Detached Bungalow In The Sought-After Alderwood Community.
  • The Main Floor Has Been Tastefully Renovated And Features A Modern Kitchen With Granite Counters , Wood Floors Throughout, And A Walkout From The Bedrooms To The...
  • Conveniently Located Close To Great Local Schools, GO Transit, Highways, Airport And Shopping.

An Affordable Detached Home Offering The Perfect Opportunity For A Young Couple To Get Into The Market While Keeping Family Close. The Beautifully Finished Lower-Level In-Law Suite Is Ideal For Mom Or Dad, Providing Comfortable Separate Living Space While Still Being Part Of The Home. Charming 2+1 Bedroom, 2 Bathroom Detached Bungalow In The Sought-After Alderwood Community. The Main Floor Has Been Tastefully Renovated And Features A Modern Kitchen With Granite Counters , Wood Floors Throughout, And A Walkout From The Bedrooms To The Sundeck And Beautifully Landscaped Backyard. Conveniently Located Close To Great Local Schools, GO Transit, Highways, Airport And Shopping.

Key facts

Property type
Detached, Bungalow
MLS®
W13845510
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
25.55 × 125.44 ft
Cross streets
Corner of Alderbrae / Rimilton
Parking
1 garage · 2 parking (detached)
Driveway
Private
Basement
Finished, Full, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,321 / 2026
Days on market
19
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

BathroomBasement2.23 × 2.40 m

3 Pc Bath

Dining RoomMain2.40 × 3.15 m

combined w/living · vinyl floor

LaundryBasement2.69 × 2.59 m

Cushion Floor

KitchenMain3.55 × 2.54 m

granite counters · vinyl floor

BathroomMain2.00 × 1.50 m

Separate Shower

KitchenBasement3.12 × 1.82 m

b/i stove · b/i oven

Bedroom 2Main3.25 × 2.61 m

w/o to sundeck · vinyl floor

BedroomBasement2.83 × 2.80 m

Large Window

Primary BedroomMain3.55 × 3.15 m

w/o to sundeck · vinyl floor · w/o to garden

Living RoomMain4.20 × 3.15 m

combined w/dining · bay window

Dining RoomBasement3.25 × 2.64 m

pot lights · open concept

RecreationBasement4.64 × 3.15 m

pot lights · open concept

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood 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.

What sellers nearby are askingCurrently listed nearby in Alderwood · asking prices
$1.03Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,143/sqft; this home lists at $1,044/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
940kThis home899k1.05M1.20M899k1.10MThis home vs active comparables

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.

Nearby neighbourhoods

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

Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Lanor Junior Middle School
79%
Lanor Junior Middle SchoolPublic · Elementary · 0.6 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 6 more schools within 2.5 km
Sir Adam Beck Junior School · Public elementary0.6 km · 86% at standard
James S Bell Junior Middle School · Public elementary1.5 km · 70% at standard
St Josaphat Catholic School · Catholic elementary1.6 km · 45% at standard
Twentieth Street Junior School · Public elementary1.9 km · 70% at standard
The Holy Trinity Catholic School · Catholic elementary2.1 km · 82% at standard
Father John Redmond Catholic Secondary School · Catholic secondary2.3 km · 84% at standard

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

Affordability & Mortgage

Affordability
$4,284/mo
$178KIncome needed
5.3×Price ÷ income
$989Weekly cost
$30,550Land 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 $4,284Property tax $360Total carry $4,644

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)
$4,158per month

Mortgage amount $752,000 · 4.49% over 25 years

$188,000Down payment (20.0%)
$752,000Loan before insurance
$0CMHC premium
$4,518Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,158
Property tax
$360
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,518

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

One-time closing costs

Ontario land transfer tax
$15,275
Toronto municipal land transfer tax
$15,275
Estimated closing costs
$30,550

Plus your down payment of $188,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,033/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

$495,381Total interest paid
$1,247,381Total of all payments
Principal $752,000 Interest $495,381
YearPrincipalInterestBalance
1$16,781$33,114$735,219
2$17,543$32,352$717,675
3$18,340$31,555$699,335
4$19,173$30,723$680,163
5$20,043$29,852$660,119
6$20,953$28,942$639,166
7$21,905$27,991$617,262
8$22,899$26,996$594,363
9$23,939$25,956$570,424
10$25,026$24,870$545,398
11$26,162$23,733$519,236
12$27,350$22,545$491,886
13$28,592$21,304$463,295
14$29,890$20,005$433,405
15$31,247$18,648$402,158
16$32,666$17,230$369,492
17$34,149$15,746$335,343
18$35,699$14,196$299,644
19$37,320$12,575$262,324
20$39,015$10,881$223,309
21$40,786$9,109$182,523
22$42,638$7,257$139,885
23$44,574$5,321$95,311
24$46,598$3,298$48,713
25$48,713$1,182$0

At the end of your 5-year term

Total paid over the term
$249,476
Principal paid down
$91,881
Interest paid
$157,596
Balance remaining
$660,119

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$1,450/mo
$17,400Gross annual rent
1.0%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.9%
Gross yield
− Property tax $4,321− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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