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CAONScarborough50 Elinor Avenue
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50 Elinor Avenue, Scarborough, ON

House

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$X
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537

MLS® E13177558

  • Key Facts
  • Description
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Detached
Taxes $4,728
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E13177558

Property Address: 50 Elinor Avenue, Scarborough, ON, M1R3H4

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

Description

Welcome to a rare opportunity that blends charm, space, income potential, and future upside - all on an exceptional 40 x 193 ft lot. This beautifully maintained 3+2 bedroom bungalow offers versatility for investors, multi-generational families, or buyers looking to live while generating substantial rental income. The main level features a warm and inviting layout with an updated kitchen complete with quartz countertops (2025), new appliances (2025), and bright living spaces. The finished basement includes two separate tenanted units - a bachelor suite and a 1-bedroom, 1-bath suite - currently generating $3, 140/month in rental income, with total projected income potential of approximately $6, 140/month including the main level. What truly sets this property apart is the land and future development potential. The massive backyard offers exciting possibilities for a future garden suite, rear addition, or even a custom new-build opportunity (buyer to complete their own due diligence). The large detached 2-car garage already includes existing water and power supply, creating excellent potential for a future garage conversion into one or possibly two additional income-generating units. Extensively updated and well cared for, this property features a new roof (2025), repaired and cleaned gutters (2026), basement renovations (2021), and epoxy garage flooring (2023). Solar panels help offset utility costs by approximately $300-$400/month on average. Whether you're searching for a smart investment, a multi-income property, or a home with long-term redevelopment potential, this property delivers endless possibilities on an oversized lot in a highly desirable setting.Show Description
MLS® NumberE13177558
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementApartment, Finished, Separate Entrance
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,007,000 and $1,297,000.
Similar properties in this area sold on average for: $1,007,968
Expected to sell in 22 days. Similar properties sold in 22 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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50 Elinor Avenue, Scarborough, ON

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