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Contemporary kitchen, ceramic/tile floor for 62 Rainbow Ridge Ave, Toronto Ontario M1B 2H9
2 days on Market

62 Rainbow Ridge Ave, Toronto, Ontario M1B 2H9

Detached
5 + 2
3
~1500-2000 sqft
$1,170,000
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$11,700Cashback
Detached
5 + 2
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$683/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$1.4M

Median sold price*

*Based on last 30 days

Description

**FREE ICE CREAM!!**AT OPEN HOUSE ON SATURDAY JUNE 28 FROM 2-4PM! ICE CREAM TRUCK WILL BE WAITING FOR YOU/YOUR FAMILY! **RARELY OFFERED 5-LEVEL BACKSPLIT DETACHED HOME* Sitting On A Large 50 FT Wide Lot In A High Demand Neighbourhood With No Neighbours Behind For Added Privacy. Inside, You'll Find A Thoughtful Well-Designed Layout With 3 Bedrooms On The Upper Level, 2 Bedrooms On The Ground Level And 2 More Bedrooms In The Basement. This Unique Backsplit Also Has Defined Functional Living Spaces For The Living, Dining & Family Room. Upgraded Kitchen, Bathrooms, Laminate Floors Throughout Makes This Home Maintenance Free & Move In Ready. What Makes This Home *SPECIAL & UNIQUE*? There Is Incredible *INCOME POTENTIAL $$* Each Level Offers Its Own Separate Entrances To Its Own Well-Appointed Spacious Apartment Space. Its Perfect For *MULTI-GENERATIONAL LIVING* Where Large Families Can Live Comfortably Together While Having Their Own Personal Space (Great For Those With Grandparents, Kids & Teenagers) Or *LUCRATIVE RENTAL INCOME* From 3 Potential Rental Units Which Is A Great Mortgage Helper! Or If You Need An Office, Redesign The Ground Floor To Fit Your Needs. Unbeatable Location, 8 Mins To University Of Toronto, Centennial College & Upcoming Scarborough Academy of Medicine & Integrated Health (SAMIH) Which Means You'll Always Have High Rental Demand, Steady Income & Higher Rent! Widen Driveway Allows For 3 Car Parking + 2 In The Garage. TTC At Your Doorstep & 401 is Just 1 Min Away. All Your Daily Amenities & Activities Are Quickly Accessible Such As Schools, Pan Am Centre, Rouge GO, Trails At Rouge National Park, Hospital, Shopping & Big Box Stores. **RARE OPPORTUNITY to own a BEAUTIFUL HOME with 3200 SQFT Of Functional Living Space that also serves as an AMAZING INCOME GENERATOR**


Upcoming Open Houses

Jun 28Sat2:00 PM - 4:00 PM
Jun 29Sun2:00 PM - 4:00 PM

Property Details

StyleBacksplit 5
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,241 SqFt(104.73 x 50.05)
Parking Spaces5
MLS ®NumberE12247076
Community NameRouge Hill
Data SourceTRREB
Listing bySUPERSTARS REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Lower Floor

Br

3.89 x 3.76

Laminate / Separate Rm / Window

Br

3.51 x 3.76

Laminate / Separate Rm / Window

Kitchen

2.81 x 3.09

Ceramic Floor / Separate Rm / Stainless Steel Appl


Features

Lot size: 5,241 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property History

Jun 26, 2025
ListedActive
$1,170,000
2 days on market
history photo preview32
Listing by trreb®

Market Data - Rouge Hill

Geo Zone Map ThumbnailRouge Hill

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

8 days

2023

6 days

2022

8 days

New Listings

Past 30 days

10 listings

Compared to

2024

12 listings

2023

4 listings

2022

14 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

2 units

2022

6 units

Median Sold Price

Past 30 days

$1,080,000

Compared to

2024

$1,410,000

2023

$1,288,500

2022

$1,146,944


Population and Demographics

Overview

Total population 23659
Average household income $127,447

Age (%)

0 to 19
21%
20 to 34
21%
35 to 49
18%
50 to 64
21%
65 and plus
19%

Household composition (%)

Single family
73%
Single person
19%
Multi person
5%
Multi family
2%

Mother tongue (%)

English
62%
Tamil
14%
Tagalog (Pilipino, Filipino)
6%
Urdu
3%
Others
3%
Bengali
1%
Punjabi (Panjabi)
1%
Yue (Cantonese)
1%
Gujarati
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget