$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 MoreRoom | 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 |
How Far is Too Far?
See personalized commute details for each listing by adding your favourite places (like work or daycare) and mode of travel.
Sign up to see commute timesAlready signed up? Sign in
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.