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$859,000
Available - For Sale
Listing ID: W12236814
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.
Price $859,000
Taxes: $3,390
Occupancy by: Owner
Address: 62 Elder Aven , Toronto, M8W 1S4, Toronto
Directions/Cross Streets: Lakeshore Blvd W & Kipling Ave
Rooms: 4
Bedrooms: 2
Bedrooms +: 0
Washrooms: 1
Family Room: F
Basement: Full
Partially Fi
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: Bungalow
Exterior: Stone
Wood
Garage Type: Other
Drive Parking Spaces: 2
Pool: None
Approximatly Square Footage: < 700
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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KELLER WILLIAMS REAL ESTATE ASSOCIATES-BRADICA GROUP

62 Elder Aven , Toronto, M8W 1S4, Toronto

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Maria Tompson
Sales Representative
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Fax:
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W06
Neighbourhood: Long Branch
Style: Bungalow
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $3,390
Maintenance Fee: $0
Beds: 2
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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