Welcome to 6 Riverwood Dr, Timberlea - A Rare Riverfront Legal 2-Unit Home with Room to Grow, Earn, and Enjoy. Tucked away in the family-friendly Greenwood Heights community, this beautifully maintained home offers the perfect blend of comfort, income potential, and waterfront living. Sitting on a massive 28,000+ sq ft lot with nearly 60 feet of direct frontage on the peaceful Nine Mile River, this R2000 energy-efficient home has been thoughtfully upgraded and legally converted into two units, each with its own private entry, laundry, power meter, and mailbox. From the moment you enter into this home and you’ll instantly feel the warmth. The bright living room with a propane fireplace flows seamlessly into a large kitchen with walk-in pantry and dining area featuring high ceilings, perfect for family meals or entertaining guests. Also has dedicated family area, powder room, and access to a huge deck overlooking the river. Upstairs, enjoy a spacious primary bedroom with ensuite, plus two additional bedrooms and a full bath. Recent updates include new main level flooring & soundproofing, fresh paint, three new high-efficiency heat pumps, and Wi-Fi controlled smart heaters, making this home stylish, functional, and energy smart. New Lower-level unit features an open-concept living area, full kitchen, space for a home office, two bedrooms, its own laundry, and full bath. Comfort meets efficiency with spray foam insulation, a new ERV system, and a heat pump. Whether you’re looking for multi-generational living, long-term rental income, or a turn-key Airbnb, this unit offers endless flexibility. Out back, you’ll find a storage shed, fully developed yard and a private walkway leading to the water, ideal for kayaking, fishing, or quiet morning coffees. There’s plenty of space to add a fire pit area, greenhouse, gazebo, or even a double garage. If you’re looking for a family home with rental income, this home delivers unmatched value, space, and waterfront lifestyle.
St Margarets Bay Road to Brentwood Ave to Eisener Street to Riverwood Dr at the end of cut de sac. Drive is beside the blue container.
Listing Sub-Area:
40-Timberlea, Prospect, St. Marg
Property Type:
Residential
Residential Type:
Single Family
Residential Style:
Detached
Title To Land:
Freehold
Home Style:
2 Storey
Exterior Finish:
Vinyl
Year built:
2012
(Age: 13)
Age:
13
Bedrooms:
5
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Full Bathrooms:
3
Half Bathrooms:
1
Main Living Area:
1,961 sq. ft.182 m2
Floor Area:
2,760 sq. ft.256 m2
Building Dimenions:
35'5" X 28'6" +- Jog
Prop Size:
0.5 to 0.99 Acres
Lot Size:
0.65 acre(s)0.26 hectare(s)
Zoning:
R-2 - RESIDENTIAL MEDIUM DENISTY/P-4
Water Supply:
Municipal
Sewer:
Municipal
Foundation:
Poured Concrete
Floor Finish:
Carpet, Ceramic, Hardwood, Vinyl Plank
Roof:
Asphalt Shingle
New Constr.:
No
Basement:
Fully Developed, Walkout
Heating:
Baseboard, Fireplace, Heat Pump -Ductless, Space Heater
Fuel:
Electric, Propane
Utilities:
Cable, Electricity, High Speed Internet, Telephone, Other
Data was last updated July 7, 2025 at 07:20 AM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$725,000
Min list price:
$279,900
Max list price:
$3,999,000
Avg days on market:
48
Min days on market:
3
Max days on market:
626
Avg price per sq.ft.:
$317.75
These statistics are generated based on the current listing's property type
and located in
40-Timberlea, Prospect, St. Marg. Average values are
derived using median calculations.