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$859,900
Toronto
2 Ellins Avenue, Toronto (Rockcliffe-Smythe), Ontario, M6N2A1
This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. Its $859,900 asking price sits right in line with the $879,000 median in Toronto. It has been on the market 26 days, fresher than the Toronto average of 48 days.
Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year. A recent updated survey is available, highlighting the property's strong potential for a conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 26 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 (Rockcliffe-Smythe) has been listed for 26 days, which is 22 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 $859,900, about 11.4× the local median household income of $75,500.
Carrying it typically needs a household income of about $167,969 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6N)
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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