$1,399,000 - 182 Reiner Road, North York
Detached for Sale in North York
35 days on market- MLS Number
- C13111932
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- North York (Bathurst Manor / Clanton Park)
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to 182 Reiner Rd - a meticulously maintained and deceptively spacious raised bungalow/side-split nestled on an impressive oversized lot 52 X 161 Ft. in a highly sought-after Toronto neighbourhood. Much larger than it appears from the exterior thanks to a thoughtfully designed rear addition, this charming home offers an exceptions blend of comfort, functionality, and timeless appeal. Featuring hardwood flooring throughout, modern LED lighting, and tastefully renovated bathrooms. The updated kitchen is both stylis and functional, complete with granite countertops, a breakfast bar, and ample space for everyday living and entertaining. The expansive family room seamlessly extends to a walk-out deck with awning, overlooking a lush, private fenced backyard surrounded by mature trees - an incredible outdoor retreat with plenty of space for entertaining, gardening, or simple enjoying the tranquility of the oversized property. Ideally located just steps to parks, schools, shopping, TTC bus routes and subway access, with close proximity to Yorkdale Shopping Center, Costco, Metro, No Frills, and convenience access to HWy 401 and Allen Road. A rear opportunity to own a lovingly cared-for home on a substantial lot in an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover North York (Bathurst Manor / Clanton Park)
North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in North York (Bathurst Manor / Clanton Park)
- •Convenient location in North York (Bathurst Manor / Clanton Park)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
182 Reiner Road, North York (Bathurst Manor / Clanton Park)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $933/sqft, this property is priced in line with current North York market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in North York are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in North York.
Investment Perspective
Looking at this as an investment: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.