Detached in Toronto (Elms-Old Rexdale)
Browse 13 active listings
Market Analysis
In the Elms-Old Rexdale neighborhood, a diverse mix of buyers is drawn to the detached homes available in this well-established area. Families looking for spacious living often seek out properties along Elmhurst Drive and Rexdale Boulevard due to the proximity to reputable schools such as Elms Junior Middle School and St. Andrew Catholic School. Additionally, young professionals appreciate the balance of suburban tranquility with easy access to downtown Toronto via the nearby Highway 401 and public transport options. The community is a melting pot of cultures, which fosters a welcoming atmosphere ideal for anyone from first-time homebuyers to seasoned investors. Residents enjoy local amenities like the Elms Park, perfect for weekend picnics and outdoor activities. The mix of well-maintained homes and the community spirit available in this neighborhood make it an attractive option for those seeking a balanced lifestyle with both urban and suburban comforts.
Price Insights
The average price of detached homes in the Elms-Old Rexdale area is approximately $1,059,080, reflecting a balanced market where buyers can find properties across various price points. For this price, buyers typically gain access to homes featuring multiple bedrooms, generous backyard spaces, and modern amenities. Homes on streets like Silverstone Drive and Westmore Drive offer a combination of comfort and style, with some properties boasting recent renovations that include updated kitchens and bathrooms. Investors can find excellent value in this area, with potential for appreciation due to ongoing community developments and improvements in local infrastructure. The price range for detached homes varies, providing options for those on a tighter budget as well as those looking for luxury homes with expansive lots and premium finishes.
Available Properties
View all on map
About This Property Type
Detached homes in Elms-Old Rexdale are characterized by their spacious layouts and traditional designs. Many properties date back to the mid-20th century, showcasing classic architectural elements that appeal to buyers who appreciate character. Typical features include large front yards, private driveways, and generous backyard spaces, ideal for family gatherings or gardening. Homes found along streets such as Elmhurst and Weston Road often feature three to four bedrooms, making them suitable for growing families or those desiring extra space for home offices. Additionally, many detached homes in this area come equipped with basements, which can serve as recreation rooms or additional living spaces. The variety of lot sizes allows for a range of outdoor activities, enhancing the lifestyle offered in this vibrant neighborhood.
Location Highlights
Elms-Old Rexdale is well-positioned to provide residents with a blend of urban convenience and suburban serenity. The neighborhood is conveniently located near major transit routes, including the 407 ETR and Highway 427, making commutes to downtown Toronto manageable. Local parks, such as Elms Park and the nearby Humber River, provide green spaces for outdoor enthusiasts, while significant commercial hubs along Rexdale Boulevard cater to everyday shopping needs. Families can take advantage of the area's educational institutions, including Elms Junior Middle School and St. Andrew Catholic School, both noted for their community engagement and quality of education. The presence of diverse dining options and cultural establishments, such as the nearby Rexdale Plaza, enhances the community's appeal, making it a desirable area to live in.
Investment Advice
Investing in a detached home in Elms-Old Rexdale is a promising move, especially considering the area's current market stability. With an average price hovering around $1,059,080, buyers are presented with a solid opportunity for equity growth as the neighborhood continues to develop. The influx of improvements in local amenities and infrastructure, including new transit projects, signals a positive trajectory for property values. Moreover, the upcoming revitalization plans for Rexdale and surrounding areas are likely to enhance community features, attracting more families and professionals moving into the region. This demographic shift can lead to increased demand for homes in Elms-Old Rexdale, making it a smart investment choice for those looking to secure long-term value.
Buying Tips
When considering a purchase of a detached home in Elms-Old Rexdale, it’s essential to be well-prepared. Start by familiarizing yourself with the local real estate market, focusing on recent sales in neighborhoods like Silverstone and Weston, as this will help you gauge competitive pricing. Engaging with a local real estate agent who has experience in the area can provide valuable insights into the nuances of the market. Additionally, take the time to visit various properties and assess their condition, especially regarding potential renovation costs for older homes. Inspecting the neighborhood's amenities, including schools, parks, and transit options, will help ensure the location meets your lifestyle needs. Lastly, consider future development plans in the area, as these can significantly impact property values and your investment's potential.
Related Searches
Frequently Asked Questions About Toronto (Elms-Old Rexdale)
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.
The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.