ON > Toronto W06 > Long Branch
Toronto W06, ON M8W 1S4,62 Elder AVE
Toronto W06, ON M8W 1S4,62 Elder AVE
Toronto W06, ON M8W 1S4,62 Elder AVE
Toronto W06, ON M8W 1S4,62 Elder AVE
Toronto W06, ON M8W 1S4,62 Elder AVE
Toronto W06, ON M8W 1S4,62 Elder AVE
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 859,000
Est. payment | /mo

2 Beds

1 Bath

Save
$ 859,000
Est. payment | /mo
Save

2 Beds

1 Bath

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft < 700

Subdivision Long Branch

MLS Listing ID W12236814

Style Bungalow

Bedrooms 2

Annual Tax Amount $3,390

Tax Year 2024

Property Sub-Type Detached

Property 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.

Location

Province ON

County Toronto

Community Long Branch

Area Toronto

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 1

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 36.0

Lot Depth 125.0

Total Parking Spaces 2

Building

Foundation Unknown

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES-BRADICA GROUP
advisor-avatar

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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62 Elder AVE