2 Ellins Avenue, Toronto W03

Price: $859,900

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13885260

Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year.A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants.

2 Ellins Avenue - Detached photo 1 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 2 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 3 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 4 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 5 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 6 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 7 of 8 in Keelesdale / Eglinton West, Ontario
2 Ellins Avenue - Detached photo 8 of 8 in Keelesdale / Eglinton West, Ontario
active
New Listing
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$859,900 - 2 Ellins Avenue, Keelesdale

Detached for Sale in Keelesdale

New — Listed 5 days ago

Neighbourhood: Rockcliffe-Smythe

5Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W13885260
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Keelesdale / Eglinton West
Lot Size
3,229 sqft
Taxes (2026)
$3,480
Listing Brokerage
FOREST HILL REAL ESTATE INC.
Description

Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year.A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants.

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Estimated Payment

$4,411.73/mo

Includes CMHC insurance ($23,991)

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5-yr fixed avg.

Principal: $773,910Interest: $525,619
Mortgage Amount$797,901
Total Interest$525,619
Est. Property Tax$609/mo
Total Cost$1,323,520

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)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$609
Insurance (est.)-$179
Net Cash Flow+$2,812

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 $1228/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 | $859,900 | Battaglia Team