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Elms-Old Rexdale, Toronto
$685,000
Opportunity is knocking! Attention first-time buyers, renovators and investors-this charming 1.5-storey home is being offered for the first time in over 60 years. Ideally located in Etobicoke near the Humber River, it sits on a generous 49 x 132-ft lot offering space, flexibility and exciting potential. Renovate the existing home, reimagine the layout, add an addition or explore the possibility of building something larger-the possibilities are yours to explore. The main level features a spacious living area, good-sized kitchen with a dining area, 4-piece bathroom and convenient main-floor bedroom. Upstairs are two well-sized bedrooms, while the finished basement provides additional living space and a separate workshop. The expansive, extra-deep backyard provides a wonderful setting for summer entertaining and outdoor enjoyment. Enjoy exceptional everyday convenience with Costco and Walmart just a short walk away. Easy access to Highways 401, 427 and 400 makes commuting a breeze, with Toronto Pearson Airport approximately 10 minutes away. Pine Point Park, tennis club, banquet hall and outdoor pool are located just off the street, while the Humber River Trail is just minutes away. Whether you're looking to renovate, invest or create your forever home, this is a rare opportunity to bring your vision to life on a larger-than-average lot in a well-connected Etobicoke neighbourhood.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,378 |
| Lot Size | 49 ft x 132 ft |
| mls© Number | W13848582 |
| Listed By | Royal LePage Real Estate Associates |
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%
- $3,506
- Property tax
- $282
- Heat allowance
- $150
- Housing costs
- $3,938 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$121,000
gross annual household income
- Payment at 4%
- $2,883 / mo
- Cash down
- $137,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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