This study aims to assess the ecological and human health risks associated with four heavy metals (Cd, Cr, Cu, and Zn) in the soil of a dumpsite in Targuist city, Morocco. In total, 16 surface soil samples were collected from the dumpsite and its nearby areas following leaching drain flows. The pollution load index (PLI), geo-accumulation index (Igeo), and potential ecological risk index (RI) were subsequently determined. In addition, hazard quotient (HQ) and health index (HI) were used to assess the non-carcinogenic and carcinogenic risks associated with the soil heavy metal contents. The PLI indicated significant contamination by the studied heavy metals. On the other hand, the Igeo values suggested no Cr contamination, moderate contamination by Cu and Zn, and severe contamination by Cd. The RI indicated a dominant contribution from Cd, with minor contributions from Cu, Zn, and Cr accounting for 92.47, 5.44, 1.11, and 0.96%, respectively, to the potential ecological risk in the study area. The non-carcinogenic health risks associated with exposure of the nearby population to the soil heavy metals at the dumpsite and burned solid waste-derived air pollution were below the threshold value of 1 for both children and adults. Although carcinogenic risks were observed in the study area, they were acceptable for both children and adults according to the United States Environmental Protection Agency (USEPA). However, carcinogenic risks associated with Cr were unacceptable according to the Italian Legislation. Finally, strategies to mitigate the risks posed by the dumpsite were also discussed in this study.