59 Redwater Dr is a 3-bedroom, 2-bathroom detached home in Toronto, listed for $899,000. It has 700-1100 sq ft of living space.
1This detached raised bungalow sits on a premium 45 ft frontage by 112 ft depth lot, offering unmatched versatility for multi-generational families and savvy investors.
2It's designed to bring in a lot of natural light.
3Enjoy an expansive, custom full-width sunroom extending your living space, plus a bonus basement sauna.
Exceptional opportunity in prime Rexdale-Kipling with outstanding income potential! This detached raised bungalow sits on a premium 45 ft frontage by 112 ft depth lot, offering unmatched versatility for multi-generational families and savvy investors. It's designed to bring in a lot of natural light. The functional 3+2 bedroom layout features a common split-entry foyer with a private basement access, 2 full washrooms, shared laundry, and 2 full kitchens-including a bright main-floor kitchen with a large skylight flooding the space with natural light. Enjoy an expansive, custom full-width sunroom extending your living space, plus a bonus basement sauna. Park up to 6 vehicles with ease, thanks to the 1-car garage and extra long 5-car driveway. Unbeatable location: minutes away from Costco, Humber College, Pearson Airport, North GO, TTC, and Hwy 401/427!
3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $1,284 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 59 Redwater Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Lot size
45.00 x 112.00 Feet
Parking
3 spacesYes garage
Basement
Finished, Apartment
Features & systems
Parking & garage
Garage
Yes
Parking spaces
3
Interior
Basement
Finished · Apartment
Lot & land
Lot dimensions
45.00 x 112.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
59 Redwater Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,417
/mo
based on the purchase price of $899,000
$179,800 cash
$719,200 financed
$605,755 total interest
Principal54%$719,200
Interest46%$605,755
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–4 bed homes for sale in Toronto around $899K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,835Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
59 Redwater Dr is listed at $899,000 (MLS® W13806310). Summitly updates the price as soon as the MLS® record changes.
Is $899,000 a good price for 59 Redwater Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 59 Redwater Dr changed?
Yes — it was first listed at $949,000 and is now $899,000, a drop of $50,000 (5.3%).
How many bedrooms and bathrooms does 59 Redwater Dr have?
59 Redwater Dr has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.
Is 59 Redwater Dr close to transit?
The nearest rapid-transit station is Etobicoke North GO Station (Kitchener GO), about 1.5 km (about a 18-minute walk) in a straight line. Rowntree Mills Station is about 3.0 km, and Mount Olive Station is about 3.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 59 Redwater Dr?
About $4,417 a month — principal and interest on $899,000 with 20% down ($179,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 59 Redwater Dr compare with other homes in Toronto?
Its asking price of $899,000 is about 7% above the median sold price in Toronto over the last 90 days, $840,000, across 9,067 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 59 Redwater Dr been sold before?
Summitly has no earlier MLS® sale or lease of 59 Redwater Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 59 Redwater Dr?
59 Redwater Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 59 Redwater Dr been on the market?
41 days — 59 Redwater Dr was listed on September 19, 2026.
What is the price per square foot of 59 Redwater Dr?
About $817 to $1,284 per square foot: the asking price of $899,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 59 Redwater Dr have parking or a garage?
Yes — the listing gives 3 parking spaces. Garage: Yes.
