A rare opportunity in the heart of Long Branch - 62 Elder Ave offers the perfect blend of lifestyle and long-term potential, appealing to both new homebuyers and savvy investors. This detached bungalow sits on a wide and deep 36 ft x 125 ft lot, making it an ideal choice for first-time buyers looking to settle in a vibrant lakeside neighbourhood with room to grow. Located on a peaceful, tree-lined street just a short walk from the waterfront, parks, beaches, and the cafes and shops of Lake Shore Boulevard, this home offers a relaxed, walkable lifestyle with excellent transit access via Long Branch GO Station and quick connections to major highways. For developers, builders, or investors, the upside is significant. As-of-right zoning under Toronto’s new EHON program allows for up to four residential units plus a garden suite, with $0 development charges for up to five units, saving hundreds of thousands. The lot is primed to maximize density while keeping costs down. Eligible builds may also qualify for CMHC’s MLI Select program, offering up to 95% loan-to-cost financing, lower interest rates, and 50-year amortizations. A detailed development report is available upon request. Whether you're envisioning your first home with future growth potential or seeking a high-performing investment in one of Toronto's most evolving communities, 62 Elder Ave delivers unmatched flexibility and value.
For sale
C$859,000
62 Elder Ave, Toronto, ON M8W 1S4
2beds
630sqft
Single Family Residence, Residential
Built in ----
4,500 Square Feet Lot
$-- Zestimate®
C$1,363/sqft
C$-- HOA
What's special
- 45 days
- on Zillow |
- 12 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 31, 2025 at 01:46pm
Listed by:
David Bradica, Broker,
Royal Lepage Real Estate Associates
Source: ITSO,MLS®#: 40743293Originating MLS®#: Mississauga Real Estate Board
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Other
- Level: Main
Bedroom
- Level: Main
Bathroom
- Features: 3-Piece
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Other
Appliances
- Included: Dryer, Refrigerator, Stove, Washer
Features
- None
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 630
- Total interior livable area: 630 sqft
- Finished area above ground: 630
Property
Parking
- Total spaces: 2
- Parking features: Private Drive Single Wide
- Uncovered spaces: 2
Features
- Frontage type: South
- Frontage length: 36.00
Lot
- Size: 4,500 Square Feet
- Dimensions: 36 x 125
- Features: Urban, Park, Schools, Shopping Nearby
Details
- Parcel number: 075900219
- Zoning: RD(f12;a370;d0.35)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence, Residential
Materials
- Stone, Wood Siding
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Toronto
Financial & listing details
- Price per square foot: C$1,363/sqft
- Annual tax amount: C$3,390
- Date on market: 6/20/2025
- Inclusions: Dryer, Refrigerator, Stove, Washer
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