Royal LePage Maximum Realty Brokerage

Greater Toronto Real Estate Listings

Brokerage Services For MLS Property listings in Greater Toronto

Brokerage Services For MLS Property listings in Greater Toronto

RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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5 / 5 stars – based on 121 reviews






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50 Elinor Avenue, Toronto E04, ON M1R 3H4

Detached Home For Sale | E13177558Sale

Listing ID: E13177558
$1,199,999
5 Bedrooms
3 Bathrooms
Listing ID #E13177558
Property Description

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.

Basic Details
Listing ID : E13177558
Listing Type : Sale
Price : $1,199,999
Bathrooms : 3
Status : Active
Property Sub Type : Detached
Roof : Asphalt Shingle
Map
Address Map
50
Elinor
US
ON
Toronto
Toronto E04
M1R 3H4
Avenue
West
North of Lawrence & East of Pharmacy
Property Area
Wexford-Maryvale
Features
: Wall Unit(s)
: None
: Finished, Apartment, Separate Entrance
: Private
: Bungalow
: Privacy, Patio, Landscaped, Security Gate
: Carpet Free, Storage, In-Law Suite, Primary Bedroom - Main Floor, Auto Garage Door Remote, Water Heater, Floor Drain, Solar Owned
: Sewer
Rooms
5
Additional Information
: Brick
: Block
https://www.winsold.com/tour/459625/branded/74415
https://www.winsold.com/tour/459625
Financial
4728.0
Listing Information
New
2026-05-30T19:49:47Z
TRREB

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