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Elms-Old Rexdale, Toronto
$799,900
Priced to Sell !!! Set on a rare 50 x 150 ft ravine lot, this property is enveloped by mature trees and rolling hills, providing unmatched privacy and a true backyard retreat. the expansive ravine-backed lot creates a serene, Cottage-like atmosphere perfect for outdoor living. This charming bungalow offers three well-proportioned bedrooms and a partially finished basement with a recreation room and separate entrance, presenting excellent Potential for additional income. A large backyard with charming cottage Feel-Perfect for Summer entertaining, barbecues, and soaking in the beauty of nature Conveniently located near Highway 401, with easy access to schools, the Humber River Trail, Parks, and dining.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,778 |
| Lot Size | 50 ft x 150 ft |
| mls© Number | W13635288 |
| Listed By | CENTURY 21 PEOPLE`S CHOICE REALTY 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%
- $4,094
- Property tax
- $315
- Heat allowance
- $150
- Housing costs
- $4,559 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $3,366 / mo
- Cash down
- $159,980
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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