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The Beaches, Toronto
$1,299,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,609 |
| Lot Size | 24.34 ft x 120 ft |
| mls© Number | E13820270 |
| Listed By | KELLER WILLIAMS ADVANTAGE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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