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Elms-Old Rexdale, Toronto
$769,000
Smoking good deal on this 1.5-storey detached home that smells like opportunity. Main floor has a full bathroom and a large living and dining space which could be closed in to offer a third bedroom. Two large upstairs bedrooms have lots of light and storage. An addition at the back serves as a separate entrance to a basement apartment, making this property ideal for multi-generational living, generating rental income, or creating a private space for extended family or guests. Fantastic Large garage at the back is ready for your next project, classic car or storage. Ideally located just minutes from Highway 401 making your commute anywhere across the GTA quick and easy. Minutes from everyday essentials like Costco, Walmart and shopping. Outdoor enthusiasts will love the abundance of nearby parks, trails, and the scenic Humber River, offering endless opportunities for walking, cycling, and enjoying nature. Whether you're a first-time buyer or an investor, this location offers an exceptional balance of urban convenience and green space. Don't miss your chance to own in one of Etobicoke's most accessible and well-connected communities.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,672 |
| Lot Size | 47 ft x 107 ft |
| mls© Number | W13617604 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,936
- Property tax
- $306
- Heat allowance
- $150
- Housing costs
- $4,392 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$135,000
gross annual household income
- Payment at 4%
- $3,236 / mo
- Cash down
- $153,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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