$899,999
22 Brigham Court
Toronto (Elms-Old Rexdale), Ontario
5bed2bath
detached in Toronto (Elms-Old Rexdale)
Browse 6 active listings
Market Analysis
In the competitive market of Toronto's Elms-Old Rexdale, buyers of detached homes are often families seeking space and comfort. Many are drawn to the area's affordability in comparison to other parts of Toronto. Young families and first-time home buyers frequently explore this market segment, looking for homes that offer both a yard and proximity to local amenities. With a median price of around $850,000, these buyers are generally middle-income professionals who appreciate the community feel of neighborhoods like Elms and Old Rexdale. Moreover, many are drawn to the area's cultural diversity, which enriches the community atmosphere.
Price Insights
In the Elms-Old Rexdale area, buyers can expect to find a range of detached homes that cater to various needs and budgets. For those looking to invest under $1,000,000, properties often feature three to four bedrooms, making them ideal for growing families. Homes on streets like St. Andrews Boulevard and Satterly Road offer spacious layouts and decent-sized backyards, which are highly sought after. Buyers may find older homes that require some renovation but provide opportunities for customization, while newer builds may offer modern amenities and energy-efficient features. The average price of $856,378 reflects the competitive nature of the market, which often leads to multiple offers on well-maintained properties.
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About This Property Type
Detached homes in Elms-Old Rexdale are characterized by a mix of traditional and modern designs. Many homes date back to the mid-20th century, featuring brick exteriors and generous lot sizes, while some newer constructions highlight contemporary architectural styles. Properties along highways like Highway 401 show varied styles—from bungalows to two-storey homes, catering to different family sizes and preferences. Features such as private driveways, garages, and outdoor spaces are common, providing ample room for recreational activities and gardening. This diversity in property types allows buyers to select homes that best fit their lifestyle and family needs.
Location Highlights
Elms-Old Rexdale boasts several community-focused amenities, enriching the living experience for its residents. Schools such as Elms Junior Middle School and Father Henry Carr Catholic Secondary School are well-regarded, making the area attractive for families with children. Green spaces like Rexdale Park and Elms Park provide residents with outdoor recreational opportunities, including trails and playgrounds. Public transportation is easily accessible, with nearby access to the Kipling subway station and bus routes along Rexdale Boulevard, facilitating commutes to downtown Toronto. The neighborhood's blend of cultural diversity and community spirit adds to its unique charm, making it a desirable locale for many.
Investment Advice
Investing in a detached home in Elms-Old Rexdale presents a promising opportunity, especially given the ongoing demand for housing in Toronto. The limited supply of homes in this price range, combined with the area's potential for growth, makes it a smart choice for buyers looking to build equity. The community's developments and infrastructure improvements bolster the likelihood of property value appreciation over the coming years. Furthermore, the competitive nature of the market suggests that homes here are likely to maintain their desirability, making it a sound investment for both first-time buyers and seasoned investors alike.
Buying Tips
Buyers considering a detached home in Elms-Old Rexdale should start by familiarizing themselves with the local market trends. Given the competitive landscape, it's crucial to get pre-approved for a mortgage to enhance negotiation power. Target properties that align with personal needs and be ready to act quickly, as homes on popular streets like Mowat Avenue and Kipling Avenue may attract multiple offers. Additionally, consider engaging a local real estate agent who knows the area well to help navigate the nuances of the market. Lastly, don't overlook the potential for renovations; homes needing minor updates can often be purchased at a lower price and can offer significant returns on investment.
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Frequently Asked Questions About Toronto (Elms-Old Rexdale)
How many detached homes are for sale in Toronto (Elms-Old Rexdale)?
There are currently 6 detached homes listed for sale in Toronto (Elms-Old Rexdale) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are detached listings updated in Toronto (Elms-Old Rexdale)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.