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MLS® 40760800

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 611 sqft
Garage No
Taxes $3,390
Lot Size 
Approx. Age 
Avg. Price Per Sqft $1,309
MLS® Number 40760800

Property Address: 62 Elder Ave, Etobicoke, ON, M8W1S4

Average square foot calculated using Size range provided by listing agent.

Description

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 (details available at CMHC.Ca). 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.Show Description
MLS® Number40760800
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFull, Partially Finished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Dryer, Refrigerator, Stove, Washer

Rooms

Show Details
Kitchen:Main FloorNot available

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  • Commute

Commute

Starting Address
Destination Address
62 Elder Ave, Etobicoke, ON

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