Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

43 Riverlea Drive, Toronto, ON M9P 2B1

4+1 beds · 4 baths · 1+1 kitchens · 1+2 rooms · 6 parking spaces · 2000-2500 sq ft · Laundry on the main level level · Detached
$1,988,000
Property tax
$7,160 / year

WELCOME TO BRIGHT HOME FILLED WITH NATURAL LIGHT, SITUATED IN ONE OF ETOBICOKE'S MOST PRESTIGIOUS NEIGHBOURHOODS. THE MAIN FLOOR OFFERS A RELAXING LIVING ROOM WITH A FIREPLACE THATCREATES AN INVITING ATMOSPHERE, AN ENTERTAINER'S KITCHEN THAT A WALK-OUT TO A SPACIOUS DECK AND PATIO OVERLOOKING A LANDSCAPED YARD AND PERENNIAL GARDEN THAQT RETURNS ANNUALLY, THE HOUSE HAS HARDWOOD FLOOR THRU-OUT. THE UPPER LEVEL INCLUDED 4 SPACIOUS BEDROOMS AND A WALK-IN CLOSETS. ONE BEDROOM IS CURRENTLY BEING USED AS AN OFFICE. THE LOWER LEVEL OFFERS A COZY APARTMENT, WHICH PRESENTLY RENTED AND A LOT OF STORAGE SPACE. THERE ARE 4 BATHROOMS IN THE HOUSE, ONE CONVIENTLY LOCATED ON MAIN LEVEL. 3 FULL BATHROOMS ON SECOND AND BASEMENT LEVEL. STEPS TO TTC: 5 MIN WALK TO ROYAL YORK, SCARLETT SUBWAY, UP, GO, BUS ON THE CORNER. THE KINGSWAY SHOPS & RESTAURANTS AND ROYAL YORK PLAZA, YORKDALE MALL. CLOSE TO 2 GOLF AND COUNTRY CLUB, AND TOP-RANKED SCHOOLS. WALK OR BIKE ALONG THE SCENIC TRAILS OF PRESTIGIOUS JAMES GARDEN. HOUSE IS FRESHLY PAINTED MOVE IN AND ENJOY!

MLS number
W13730624
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
M9P 2B1
Photos
74
Laundry
Main Level level
12days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Westmount Junior School5.3 / 10
Elementary · Regular Track
TDSB boundary
Hilltop Middle School6.2 / 10
Intermediate · Regular Track
TDSB boundary
Kipling Collegiate Institute4.6 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
H J Alexander Community School
Toronto DSB
Elementary447 m6.8 / 10
68% met the standard · 3 of 6 measures
St John the Evangelist Catholic School
Toronto CDSB
Elementary522 m6.1 / 10
61% met the standard
New Earth WondersElementary535 mNot reported
Islamic Education Guidance CentreElementary577 mNot reported
Acacia International High SchoolSecondary672 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Toronto W09361 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$1.08M$1.54M$2.01M20252026this home’s asking price
$1.19Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%99%103%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d12d24d20252026
12dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in toronto w09. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 426 people.

$66,000Median household income
16.1%Own their home
18.8%Detached houses
36.4Median age
53.2%Born outside Canada
15.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35202970 — the few blocks around this address, home to 426 people. It describes the area, not this property.

426Population
37.1Average age
2.7Household size
$88,000Average household income
$66,000Median household income
16%Own their home
84%Rent
0%Condominiums
53%Born outside Canada
15%University degree
$1,200,000Average home value
20%Low income
91%Not in the labour force
46%Never married
$20,000 to $24,9995%
$25,000 to $29,9995%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,9995%
$60,000 to $69,9998%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9998%
$100,000 and over22%
$100,000 to $124,9998%
$125,000 to $149,9993%
$150,000 to $199,9995%
$200,000 and over3%

Percentages are of the 185 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$397,600 · minimum here is $397,600
$8,802.43per month
Borrowed before insurance$1,590,400
Total borrowed$1,590,400
Interest over 25 years at 4.5%$1,050,330

If you rented it out

-$9,399.10per month out of pocket
Rent$0.00
Everything it costs to hold$9,399.10
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 3 still in progress.

1984 WESTON RD294 m
Under Review · applied December 17, 2025

Proposed mixed-use development with 45- and 39-storey towers with a shared podium.The applications pertain to the assembly of properties municipally known as 1956-1986 Weston Road and 1, 3, 3a & 5 Little Avenue

City planning file →
21 JOHN ST489 m
Council Approved · applied October 18, 2022

Proposal to construct a new 42 storey mixed-use building with commercial uses at grade.

City planning file →
1986 WESTON RD291 m
Under Review · applied September 30, 2021

To permit a mixed-use development including two tall buildings with heights of 29-storeys (approximately 99 m in height, measured to the top of the mechanical penthouse) connected by a 12-storey podium (approximately 41 m in height, measured to the top of the …

City planning file →
1986 WESTON RD291 m
Closed · applied September 12, 2019

Proposal for two residential towers with heights of 35-storeys and 29-storeys, including a 3 to 8-storey podium with three levels of parking below grade.…

City planning file →
954-970 SCARLETT RD304 m
Closed · applied January 17, 2018

To construct a gas station and a one-storey commercial building (convenience store).

City planning file →
2059 WESTON RD146 m
Closed · applied April 5, 2017

Proposed standard condominium for the construction of 48 3-storey back-to-back stacked townhouse development in three building blocks with a one-level below grade garage.

City planning file →
23 GEORGE ST338 m
Closed · applied December 17, 2015

Proposal to replace the existing St. John the Evangelist Elementary School. The existing school site has been expanded to accommodate a larger school to service the community within this area, including expanded open space and play areas, parking and including…

22 JOHN ST450 m
Closed · applied June 9, 2015

Proposed amendments to the Official Plan and Zoning By-laws to permit the development of a 31 storey, 370-unit rental apartment building with seven at-grade townhouses and outdoor community open space at 22 John Street.…

What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by HOMELIFE/CIMERMAN REAL ESTATE LIMITED. Listing data provided by the Toronto Regional Real Estate Board.