$963,000 Sold Price
$975,000Asking Price
Outstanding Investment Opportunity! This spacious semi-detached is a perfect addition to any real estate portfolio, featuring an exceptional current rental income of approximately $89,000annually, 9% Cap rate. Situated on a generous premium pie-shaped 1/4 acre lot backing onto a serene park, this property combines tranquility and convenience. This property includes six one-bedroom units, each fully equipped with individual kitchens and bathrooms. The exterior offers ample parking spaces (over 15 available) along with a detached two-car garage and no side-walk. The property is steps away from TTC, schools, Rexdale Shopping Mall, Costco, Smart Centres, and provides easy access to major highways including 401 and 409. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers unmatched versatility and promising returns.
Outstanding Investment Opportunity! This spacious semi-detached is a perfect addition to any real estate portfolio, featuring an exceptional current rental income of approximately $89,000annually, 9% Cap rate. Situated on a generous premium pie-shaped 1/4 acre lot backing onto a serene park, this property combines tranquility and convenience. This property includes six one-bedroom units, each fully equipped with individual kitchens and bathrooms. The exterior offers ample parking spaces (over 15 available) along with a detached two-car garage and no side-walk. The property is steps away from TTC, schools, Rexdale Shopping Mall, Costco, Smart Centres, and provides easy access to major highways including 401 and 409. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers unmatched versatility and promising returns.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.17' x 10.17' | Laminate, Eat-in Kitchen, Window |
| 2 | Kitchen | Main | 11.61' x 7.41' | Laminate, Eat-in Kitchen, Window |
| 2 3-Piece Bathrooms on Upper | ||||
| 2 3-Piece Bathrooms on Main Floor | ||||
| 2 3-Piece Bathrooms | ||||
Rexdale, Toronto is a west Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from India, and Spanish speakers. Residents tend to be older with a significant number of babies, youth aged 15 to 24 and adults aged 50 to 64.
Kids Per Family
1.3
kids per family
in the neighbourhood.
48%
of residents are
single and loving it.
48% singles
Toronto (50%)
37%
of residents
are renters.
37% renters
Toronto (47%)
30%
of residents are
university grads.
30% university grads
Toronto (48%)Average Household Income
$99K
is the average household
income in the neighbourhood.
Professions
| Sales | 17% |
| Trades | 11% |
| Business | 10% |
| Government | 6% |
| Manufacturing | 5% |
51%
of residents were
born outside of Canada.
51% immigrants
Toronto (48%)11.4% from India
All-time
2.3% from India
Recent
Foreign Languages
| Spanish | 7% |
| Gujarati | 4% |
| Italian | 4% |
| Tagalog | 3% |
| Punjabi | 3% |
Religions
| Christian | 62% |
| Hindu | 9% |
| Muslim | 7% |
| Sikh | 4% |
| Buddhist | 3% |
Social Housing Buildings
15
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.