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$1,299,000
Toronto
130 Elmer Avenue, Toronto (The Beaches), Ontario, M4L3R8
This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,299,000, it is attractively priced about 25% below the $1,739,000 median asking price in Toronto. It has been on the market 44 days, fresher than the Toronto average of 48 days.
Imagine starting your morning with a walk to your favourite coffee shop on Queen Street, spending summer afternoons at the beach, and coming home to one of The Beaches' most loved neighbourhoods. With its charming streets, local shops and cafés, parks, the boardwalk and the lake all close by, 130 Elmer Avenue offers the kind of location where everyday life feels connected to the community around you. A rare detached century home on a deep 120-foot lot in the heart of The Beaches, offering 3+2 bedrooms, original character, parking and exceptional long-term flexibility. Original oak trim, a wood-burning fireplace and classic proportions give the home the warmth and charm that make established Beaches houses so special.The home offers generous principal rooms, a separate den and a finished lower level with additional bedrooms and living space. While the kitchen and bathrooms would benefit from updating, the property offers a wonderful opportunity for a thoughtful restoration over time, allowing a buyer to preserve its character while improving it to suit their own style and budget.The approximately 25 x 120-foot lot provides a substantial backyard and excellent future possibilities, including potential for a two-storey garden suite, subject to applicable approvals. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 5-bed single family in Toronto (The Beaches) has been listed for 44 days, which is 4 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 12.9× the local median household income of $101,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 151% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.