62 Elder Avenue

Toronto, ON M8W 1S4 ( Long Branch)

Quick Facts

Type: Detached

Style: Bungalow

Size: Sq Ft

Age: Years

Taxes: $ 3,390 ( 2024)

Updated: 2025-08-15 16:21:37

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.

Extras

Detached

Property

Status: For Sale

MLS #: W12346871

Price: $ 799,900

Address: 62 Elder Avenue

Type:

Style: Bungalow

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 3,390

Tax Year: 2024

Lot Size:

Neighbourhood: Long Branch

Nearest Intersection: Lakeshore Blvd W & Kipling Ave

City: Toronto

Postal Code: M8W 1S4

DOM: 5 Days

Last Update: 2025-08-15 16:21:37

 

Building

Interior

Bedrooms: 2

Bathrooms: 1

Rooms: 0

Kitchens: 1

Family Room:

Fireplace:

Basement: Full Partially Finished,

Central Vacuum:

 

Exterior

Exterior: Stone Wood ,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 2.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Baseboard

Heat Source: Electric

Air Conditioning: None

Water:

Sewers:

 

Features

 

Rooms