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Listed 11 days ago

130 Elmer Avenue

The Beaches, Toronto

$1,299,000

Detached|2-Storey
3 | 2 | 1
About this home

Imagine starting your morning with a walk to your favourite coffee shop on Queen Street, spending summer afternoons at the beach, and coming home to one of The Beaches' most loved neighbourhoods. With its charming streets, local shops and cafés, parks, the boardwalk and the lake all close by, 130 Elmer Avenue offers the kind of location where everyday life feels connected to the community around you. A rare detached century home on a deep 120-foot lot in the heart of The Beaches, offering 3+2 bedrooms, original character, parking and exceptional long-term flexibility. Original oak trim, a wood-burning fireplace and classic proportions give the home the warmth and charm that make established Beaches houses so special.The home offers generous principal rooms, a separate den and a finished lower level with additional bedrooms and living space. While the kitchen and bathrooms would benefit from updating, the property offers a wonderful opportunity for a thoughtful restoration over time, allowing a buyer to preserve its character while improving it to suit their own style and budget.The approximately 25 x 120-foot lot provides a substantial backyard and excellent future possibilities, including potential for a two-storey garden suite, subject to applicable approvals.

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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,609
Lot Size24.34 ft x 120 ft
mls© NumberE13820270
Listed ByKELLER WILLIAMS ADVANTAGE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,649
Property tax
$634
Heat allowance
$150
Housing costs
$7,433 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $259,800
25-yr amortization

Income needed

$229,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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