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Elms-Old Rexdale, Toronto
$799,990
Welcome to The Elms! Located on a quiet, family-friendly court in the established Elms-Old Rexdale neighbourhood, this well-kept bungalow is being offered for sale by the estate of its original owner. Lovingly maintained over the years and largely in its original condition, this is an excellent opportunity for buyers looking to renovate, update or create their own vision. The home offers 3 bedrooms, 2 bathrooms and a finished basement, providing a versatile layout with plenty of potential. Situated on an impressive pie-shaped, fully fenced lot measuring approximately 44.10' x 120.15' x 75.09' x 126.80', there is an abundance of outdoor space for children, pets, gardening and entertaining. A double attached garage provides excellent parking and storage. The location offers an exceptional combination of nature, recreation and convenience. The Humber River runs through the area, providing walking trails and abundant greenspace, with Pine Point Park, Elms Community Pool, Berry Creek and Humber Valley Golf Course all nearby. Conveniently located close to Humber College & Arboretum, Etobicoke General Hospital, Woodbine Racetrack & Entertainment Complex and Toronto Pearson International Airport, with TTC bus service, Finch LRT, Etobicoke North GO and Highway 401 providing excellent transportation options. An extensive selection of shopping and everyday amenities is also close at hand, including Costco, Walmart, Home Depot, Canadian Tire, Woodbine Mall, Giant Tiger and Dollarama. A rare opportunity to acquire an original-owner home on an exceptional lot in a quiet court, with tremendous potential to renovate and make it your own.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,750 |
| Lot Size | 44.1 ft x 120.15 ft |
| mls© Number | W13681118 |
| Listed By | POPE REAL ESTATE LIMITED |
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%
- $4,095
- Property tax
- $396
- Heat allowance
- $150
- Housing costs
- $4,641 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$143,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,998
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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