28 Rexdale Boulevard Unit 16, Toronto W10

Price: $499,000

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W12567544

Great Opportunity For First-Time Home Buyers, Downsizers Or Investors. 3 Bedroom 2 Washroom Condo Townhouse With Parking Situated In The 401/ Islington Ave Neighborhood. Steps Away From Many Amenities, Shopping Plaza, Walmart, Transit, Schools & Parks. Costco and other major stores located across from the building **EXTRAS** Property currently tenanted, can provide vacant possession with proper notice to tenant

28 Rexdale Boulevard Unit 16 - Condo photo 1 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 2 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 3 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 4 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 5 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 6 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 7 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 8 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 9 of 10 in Etobicoke (West Mall / Rexdale), Ontario
28 Rexdale Boulevard Unit 16 - Condo photo 10 of 10 in Etobicoke (West Mall / Rexdale), Ontario
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$499,000 - 28 Rexdale Boulevard Unit 16, Etobicoke

Condo for Sale in Etobicoke

140 days on market
3Beds
2Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12567544
Property Type
Condo
Status
active
Days on Site
140
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Etobicoke (West Mall / Rexdale)
Locker
None
Exposure
North East
Balcony
Juliette
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Great Opportunity For First-Time Home Buyers, Downsizers Or Investors. 3 Bedroom 2 Washroom Condo Townhouse With Parking Situated In The 401/ Islington Ave Neighborhood. Steps Away From Many Amenities, Shopping Plaza, Walmart, Transit, Schools & Parks. Costco and other major stores located across from the building **EXTRAS** Property currently tenanted, can provide vacant possession with proper notice to tenant

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Etobicoke (West Mall / Rexdale)

Discover Etobicoke (West Mall / Rexdale)

Etobicoke (West Mall / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Etobicoke (West Mall / Rexdale)

  • Convenient location in Etobicoke (West Mall / Rexdale)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Etobicoke (West Mall / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

28 Rexdale Boulevard Unit 16, Etobicoke (West Mall / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
4.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,743

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $312/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 140 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    28 Rexdale Boulevard Unit 16 | $499,000 | Battaglia Team