Toronto, Elms-Old Rexdale, M9W 1V3
$999,999
Listed by HOMELIFE WOODBINE REALTY INC..
This exquisitely renovated LEGAL DUPLEX in Toronto's Elms-Old Rexdale neighborhood offers a spacious bungalow with 3 plus 1 bedrooms and 3.5 bathrooms, making it an ideal choice for first-time homebuyers seeking both comfort and income potential. The owners unit in basement feature a full bathroom and wet bar, providing versatile living or office space with a separate entrance. The one-bedroom basement unit, currently rented to AAA tenants for $1,800 monthly, ensures a steady income stream and mortgage helper. The modern kitchen is equipped with high-end appliances, a spacious island, and ample cabinetry. The property also includes a oversized detached double garage, which can be converted into a garden suite for additional income, subject to Toronto's regulations. Situated in a tranquil neighborhood, it offers easy access to major highways, shopping centers like Costco and Walmart, top-rated schools, new Microsoft facilty, parks, dining, transit, and is just minutes from Toronto Pearson Airport.
The bsmt owners unit can be rented out as well for additional income, office space or nanny suite.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: