97 Reidmount Avenue, Toronto E07

Price: $2,500,000

10 bedrooms, 6 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E12885484

Property offering approximately 3,500 sq. ft. of living space on a premium 60 ft wide (50+10) x 154 ft deep lot. Sought after Neighbourhood/ location! Located in a safe, established family-friendly neighbourhood minutes to Highway 401, Kennedy Road, Sheppard GO Station, transit routes, shopping, mall, strip mall, major business and Toronto Public Library. Close to Agincourt Collegiate Institute, other high-performing schools, and nearby Golf Course.

97 Reidmount Avenue - Detached photo 1 of 3 in Agincourt / Milliken, Ontario
97 Reidmount Avenue - Detached photo 2 of 3 in Agincourt / Milliken, Ontario
97 Reidmount Avenue - Detached photo 3 of 3 in Agincourt / Milliken, Ontario
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$2,500,000 - 97 Reidmount Avenue, Agincourt

Detached for Sale in Agincourt

87 days on market
10Beds
6Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E12885484
Property Type
Detached
Status
active
Days on Site
87
Bedrooms
10
Bathrooms
6
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Agincourt / Milliken
Lot Size
7,718 sqft
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Property offering approximately 3,500 sq. ft. of living space on a premium 60 ft wide (50+10) x 154 ft deep lot. Sought after Neighbourhood/ location! Located in a safe, established family-friendly neighbourhood minutes to Highway 401, Kennedy Road, Sheppard GO Station, transit routes, shopping, mall, strip mall, major business and Toronto Public Library. Close to Agincourt Collegiate Institute, other high-performing schools, and nearby Golf Course.

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Estimated Payment

$11,058.34/mo

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5-yr fixed avg.

Principal: $2,000,000Interest: $1,317,503
Mortgage Amount$2,000,000
Total Interest$1,317,503
Est. Property Tax$1,771/mo
Total Cost$3,317,503

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.

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Neighbourhood Guide: Agincourt / Milliken

Discover Agincourt / Milliken

Agincourt / Milliken 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 Agincourt / Milliken

  • Convenient location in Agincourt / Milliken
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Agincourt / Milliken 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.

70
Walk Score
Varies
Price Range

97 Reidmount Avenue, Agincourt / Milliken

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,700/mo
Range: $4,845 - $6,555
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,700
Maintenance Fees-$0
Property Tax (est.)-$1,771
Insurance (est.)-$521
Net Cash Flow+$3,408

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1250/sqft, this property is priced above the Agincourt average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 87 days on site, this property has exceeded the typical selling timeline for Agincourt. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in Agincourt 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 10 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 Agincourt.

Bathroom Count Matters

With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Investment Perspective

Looking at this as an investment: Agincourt properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    97 Reidmount Avenue, Agincour… — $2,500,000 | Battaglia Team