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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

    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.
    45 days
    on Zillow
    |
    12
    |
    0
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    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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