40 Rexdale Boulevard 3, Toronto W10

$449,800
40 Rexdale Boulevard 3

$449,800

Price Change
21d
Condo Townhouse2-Storey

40 Rexdale Boulevard 3, Toronto W10

Total Monthly Obligation $2,592

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
21d
Score
34
Yield
8.2%
Cash on Cash
7.7%
Cap Rate
6.2%
5Y IRR
21.8%
10Y IRR
19.8%
Property Type-Condo Townhouse
MLS® Number-W13856024
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$1,388 (2026)
Maintenance-$461.97/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-immediate
Neighbourhood-Rexdale-Kipling
Title-Residential Condo & Other

No agent assigned

Beautifully Updated 3-Bedroom Townhouse in Prime Location! Very well-maintained 3-bedroom, 2-washroom townhouse in an exceptionally convenient location. This carpet-free unit features modern laminate flooring throughout and a bright open-concept kitchen. Both washrooms include newer vanities (2026). Freshly painted in neutral tones (2026) with most light fixtures updated (2026), offering a stylish, move-in-ready interior. Enjoy a walk-out balcony and unbeatable access to Hwy 401, TTC, and Costco just steps away. Close to all amenities including schools, Walmart, Canadian Tire, and grocery stores. An excellent opportunity for first-time home buyers, downsizers, or investors. Move-in condition. Why pay rent when you can build your own equity?

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$
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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,840
Land Transfer Taxes$5,471
Legal Fees (Est.)
$
Total cash required for closing$96,931

Total Monthly Obligation

$2,592/mo
Mortgage $1,814
Monthly Loss $2,115
Principal$477
Interest$1,337
Property Tax$116
Condo Fees$462
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.3%41
Cash-on-Cash
2.0%12
5-Year IRR
17.4%84
10-Year IRR
16.6%
Returns Index
46.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
34/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,720/yr
NOI
$23,716/yr
Net Cash Flow
$162/mo
Cash Margin
5.3%13
Cash Flow Index
12.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0934
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo63
Risk Index
38.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 40 Rexdale Boulevard 3

Time

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Data last updated within the past 24 hours.