2 Ellins Avenue, Toronto W03

Price: $984,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13524350

Prime Investment Opportunity perfectly suited for savvy investors, end-users, multi-generational families or for co-ownership enthusiasts. This unique property is packed with incredible value featuring two separate entrances,two kitchens, and two private driveways. Park with ease using the large detached 1 car-garage with private driveway parking accessible via Jane Street, or utilize the private driveway directly off Ellins Avenue, complete with an active City of Toronto Front-Yard Parking Permit ($374.18/year). Recent survey and conceptual plans readily available.This property boasts massive potential to be transformed into a lucrative 4-plex with a garden suite with tremendous upside in one of Toronto's most dynamic communities. Close to Bloor West Village, The Junction, The Stockyards Mall, TTC, Jane Station, schools, parks, golf, shopping & restaurants.

2 Ellins Avenue - Detached photo 1 of 1 in Keelesdale / Eglinton West, Ontario
active
New Listing
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$984,900 - 2 Ellins Avenue, Keelesdale

Detached for Sale in Keelesdale

New — Listed 2 days ago

Neighbourhood: Rockcliffe-Smythe

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13524350
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Keelesdale / Eglinton West
Lot Size
3,229 sqft
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Prime Investment Opportunity perfectly suited for savvy investors, end-users, multi-generational families or for co-ownership enthusiasts. This unique property is packed with incredible value featuring two separate entrances,two kitchens, and two private driveways. Park with ease using the large detached 1 car-garage with private driveway parking accessible via Jane Street, or utilize the private driveway directly off Ellins Avenue, complete with an active City of Toronto Front-Yard Parking Permit ($374.18/year). Recent survey and conceptual plans readily available.This property boasts massive potential to be transformed into a lucrative 4-plex with a garden suite with tremendous upside in one of Toronto's most dynamic communities. Close to Bloor West Village, The Junction, The Stockyards Mall, TTC, Jane Station, schools, parks, golf, shopping & restaurants.

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Estimated Payment

$5,053.05/mo

Includes CMHC insurance ($27,479)

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5-yr fixed avg.

Principal: $886,410Interest: $602,026
Mortgage Amount$913,889
Total Interest$602,026
Est. Property Tax$698/mo
Total Cost$1,515,914

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Rockcliffe-Smythe

Discover Rockcliffe-Smythe

Rockcliffe-Smythe is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Rockcliffe-Smythe

  • Convenient location in Keelesdale / Eglinton West
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Rockcliffe-Smythe offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

2 Ellins Avenue, Keelesdale / Eglinton West

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$698
Insurance (est.)-$205
Net Cash Flow+$2,697

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1407/sqft, this property is priced above the Keelesdale average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Keelesdale's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Keelesdale are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Keelesdale.

About Rockcliffe-Smythe

I know Rockcliffe-Smythe well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2 Ellins Avenue | $984,900 | Battaglia Team