Brick exterior with stone accents, bay window, white railing, paved driveway, and solar panels Features: porch, lawn, fence, shingle roof, solar panels, parking pad, stoop, brick siding

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Brick facade with stone accent detailing and a prominent bay window Features: brick siding, shingle roof, solar panels

Bright living area featuring a large bay window, wood-finish flooring, and recessed lighting Features: wood finish floor, natural light, tv, crown molding, baseboards wall, wall mounted ac, fireplace, baseboard radiator, drywall

Spacious living area featuring a large bay window, crown molding, wood-finish flooring, and a built-in electric fireplace media console Features: drywall, wood finish floor, tv, crown molding, wall mounted ac, natural light

Bright living area featuring a wide bay window with multiple panes, hardwood flooring, and crown molding Features: baseboards wall, ceiling fan, baseboard radiator, tv, wood finish floor, crown molding, fireplace, wall mounted ac, natural light, drywall

Light-filled interior featuring hardwood-finish flooring, crown molding, and a built-in media console with an integrated electric fireplace Features: crown molding, wood finish floor, wall mounted ac, drywall, notable chandelier, fireplace, baseboards wall, tv, baseboard radiator

Bright living area with rich wood-finish flooring Features: baseboards wall, wood finish floor, notable chandelier, crown molding, microwave, drywall

Hardwood-finish flooring extending into the living area, featuring a contemporary sputnik chandelier Features: wall mounted ac, drywall, tv, notable chandelier, wood finish floor, baseboards wall, natural light

Dining area featuring wood-finish flooring, a modern sputnik-style ceiling light fixture, and a pass-through opening to the kitchen Features: baseboards wall, microwave, wood finish floor, drywall, recessed lighting, natural light, notable chandelier

Dining area featuring wood-finish flooring, a contemporary chandelier, and a pass-through window to the kitchen Features: sink, notable chandelier, baseboard radiator, drywall, baseboards wall, wood finish floor, textured ceiling, natural light

Bright kitchen featuring white cabinetry, stainless steel appliances, a double basin sink, stone countertops, and tile flooring Features: refrigerator, crown molding cabinets, drywall, range oven, natural light, raised cabinets, countertops, tile floor, white cabinets, sink, arched cabinets, backsplash, dishwasher

Kitchen featuring white shaker cabinetry, stainless steel appliances, a double basin sink, stone-finish countertops, and tile flooring Features: fireplace, baseboard radiator, raised cabinets, baseboards wall, stone countertops, dishwasher, sink, refrigerator, tile floor, tv, crown molding cabinets, natural light, backsplash, wall mounted ac, white cabinets, drywall, arched cabinets

White shaker cabinetry with dark hardware and a dual-basin stainless steel sink Features: microwave, stone countertops, raised cabinets, tile floor, sink, baseboards wall, white cabinets, crown molding cabinets, drywall, range oven, baseboard radiator, backsplash, natural light, arched cabinets

White shaker-style cabinetry with black hardware, a grey stone countertop, and light tile flooring Features: countertops, kitchen bar, tile floor, white cabinets, crown molding cabinets, raised cabinets, arched cabinets, kitchen peninsula, baseboard radiator, natural light, baseboards wall, drywall

Bright room featuring wood-finish flooring, a white window frame with blinds, a white baseboard heater, and a flush-mount ceiling light Features: baseboard radiator, baseboards wall, drywall, natural light, wood finish floor

Bedroom featuring two white doors with dark hardware, hardwood flooring, and white baseboards Features: wood finish floor, two closets, drywall, baseboards wall

Bedroom featuring wood-finish flooring, a baseboard heating unit, and a window with blinds Features: wood finish floor, baseboard radiator, natural light, baseboards wall, drywall

Bedroom featuring wood-finish flooring, white walls, and a ceiling-mounted light fixture Features: closet, drywall, wood finish floor, baseboards wall, baseboard radiator

Interior room featuring wood-finish flooring and light-toned walls Features: baseboard radiator, drywall, tv, wood finish floor, office area, baseboards wall

Bright room featuring lustrous wood-finish flooring, a window with horizontal blinds, and a neutral color palette Features: drywall, baseboards wall, wood finish floor, office area, baseboard radiator, natural light

Bathroom vanity featuring a light speckled countertop, undermount sink, and brushed nickel faucet Features: tile wall, tile floor, vanity, full bathroom, sink, vent, shower, drywall, toilet, wainscot wall

Bathroom featuring a spacious vanity with white cabinetry, a light-toned countertop, and a single basin sink Features: shower, tile wall, wainscot wall, drywall, natural light, sink, toilet, full bathroom, vanity, tile floor

Spacious lower-level living area featuring recessed lighting, a full kitchen with white cabinetry, tile flooring, and multiple horizontal windows providing natural light Features: refrigerator, drywall, recessed lighting, l shaped kitchen, tv, natural light, range oven, basement, tile floor

Spacious room featuring wood-finish flooring, light gray walls, a window with horizontal blinds, and a flush-mount ceiling light fixture Features: wood finish floor, baseboards wall, basement, drywall, natural light

Bathroom vanity featuring a white undermount sink, marble-finish countertop, and white cabinetry with brushed nickel hardware Features: sink, toilet, wainscot wall, mirror, wallpaper wall, shower, tile wall, drywall, full bathroom, vanity

Dedicated laundry area featuring a stacked washer and dryer Features: basement, drywall, stacked washer dryer, baseboards wall, tile floor, natural light, laundry

Bright kitchen featuring white subway tile backsplash, white cabinetry, light-colored countertops, and white appliances including a refrigerator and range Features: range oven, sink, white cabinets, countertops, backsplash, tile floor, drywall, microwave, natural light, refrigerator

Interior space featuring wood-finish flooring, white walls, and a recessed ceiling light Features: tv, drywall, smoke carbon monoxide detector, wood finish floor, natural light, baseboards wall

Bathroom vanity with a white rectangular sink, chrome faucet, and integrated storage cabinet Features: tile floor, drywall, tile wall, sink, shower, toilet, full bathroom, vanity

Brick exterior featuring white-framed windows and a white entry door Features: gutters, fence, concrete foundation, downspout, electric meter, brick siding

Brick exterior with a side entrance door and multiple windows Features: brick siding, fence, concrete foundation, detached garage, security camera, outdoor structure

Brick exterior with light-colored siding accent Features: horizontal siding, gas meter, chimney, brick siding, concrete foundation, parking pad

Attached single-car garage featuring a white paneled door and light-toned siding Features: fence, detached garage

Sunroom with brick accent wall, wood paneling, and light wood-finish flooring Features: natural light

Enclosed sunroom featuring wood-finish flooring and extensive natural light Features: natural light

Exterior showcasing a combination of brick and siding, multiple windows, and a sliding glass door Features: brick siding, outdoor living space, chimney, window mounted ac, horizontal siding, patio, fence, concrete foundation

Paved patio area with a wooden fence featuring lattice detailing Features: fence, patio

Wood plank privacy fence featuring a decorative circular insert with intricate metalwork, black hardware, and a matching black handle

Spacious backyard featuring a large grass area, a stone patio, and perimeter fencing Features: patio, lawn, grill, fence

Spacious backyard featuring a paver patio with a central umbrella stand, a manicured lawn area, mature trees, and privacy fencing Features: lawn, outdoor dining area, patio, fence

Expansive backyard featuring a lush lawn, concrete paver pathway, and mature trees providing natural shade Features: grill, fence, patio, lawn, horizontal siding

Expansive stone patio featuring a utility sink and a white paneled door Features: outdoor dining area, lawn, sink, grill, patio, fence

Garage featuring speckled epoxy flooring, white cabinetry, overhead shelving, and a dedicated utility area Features: garage, garage door opener, drywall, refrigerator

Spacious multi-purpose room featuring a light speckled floor finish, exposed wood ceiling beams, and large picture windows Features: office area, tv, drywall

Spacious room featuring broad windows, exposed wood-beam ceiling, and speckled gray flooring Features: beamed ceiling, natural light, tv, aggregate floor, office area, wood ceiling, drywall

Spacious garage featuring a finished floor and white sectional garage door Features: drywall, tv, garage

Spacious garage featuring light-colored siding, a brown gutter system, and a concrete floor Features: garage, fence

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For Sale - 50 Elinor Avenue, Toronto, Ontario

50 Elinor Avenue

Toronto , Ontario

5 3 $1,199,999

Est payment $5,762/mo

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Time on Jump 60 day

AI Summary *

Charming 3+2 bedroom bungalow with great income potential and redevelopment opportunities.
Updated kitchen with new quartz countertops and appliances for modern living.
Finished basement with two separate rental units generating significant monthly income.
Expansive lot offers possibilities for a garden suite or custom new build.
Large garage with water and power, ideal for conversion into rental units.

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$ 59,999 ( 5% )

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Welcome to a rare opportunity offering charm, space, strong income potential, and future redevelopment possibilities - all situated on an exceptional 40 x 193 ft lot. This beautifully maintained 3+2 bedroom bungalow delivers incredible flexibility for investors, multi-generational families, or buyers seeking the perfect blend of comfortable living and significant rental income. The main level features a warm and functional layout highlighted by an updated kitchen with quartz countertops (2025), new main floor kitchen appliances (2025), and bright, inviting living spaces filled with natural light. The finished basement includes two separate tenanted units - a bachelor suite and a 1-bedroom, 1-bath suite - currently generating $3,140/month in rental income, with total projected rental income potential of approximately $6,140/month including the main level. What truly elevates this property is the exceptional lot size and future potential. The expansive backyard presents exciting opportunities for a future garden suite, rear addition, or even a custom new-build opportunity (buyer to complete their own due diligence). The large detached 2-car garage already features existing water and power supply, offering outstanding potential for a future garage conversion into one or possibly two additional income-generating units. Pride of ownership is evident throughout with numerous recent updates including a new roof (2025), repaired and cleaned gutters (2026), basement renovations (2021), and epoxy garage flooring (2023). Existing solar panels help offset utility costs by approximately $300-$400/month on average. Whether you're looking for a turnkey investment, a multi-income property, or a home with long-term redevelopment potential, this property offers exceptional value, versatility, and endless possibilities on an oversized lot in a highly desirable setting.

Listing IDE13177558

Address50 Elinor Avenue

CityToronto, Ontario

Price$1,199,999

Bed / Bath5 / 3 Full

StyleBungalow, Detached

ConstructionBrick

TypeResidential

StatusFor Sale

Extras

Subtype DetachedIndoor Features Auto Garage Door Remote, Carpet Free, Floor Drain, In-Law Suite, Primary Bedroom - Main Floor, Solar Owned, Storage, Water HeaterOutdoor Features Patio, Landscaped, Privacy, Security GateAmenities Fenced YardOwnership FreeholdBasement Apartment, Finished, Separate EntranceFoundation BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

Market Info

Parking 9.00

Listing Agency:
RE/MAX PROFESSIONALS INC.

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Listing Agency:
RE/MAX PROFESSIONALS INC.

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For Sale - 50 Elinor Avenue, Toronto, Ontario

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