377 Ellerslie Avenue, Toronto C07

Price: $1,530,000

5 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C13696864

Rare Opportunity: Premium L-Shaped Bungalow Lot with Endless Potential! Welcome to this exceptionally unique property, offering incredible versatility for investors, developers, and multi-generational families alike. Situated on an expansive, deeply private L-shaped stretching approximately 300 feet deep, this property features a 40 foot wide frontage that beautifully opens up to a massive 80 foot wide rear oasis for ultimately privacy and space. The main level boasts a classic, solid bungalow layout with bright, functional living spaces. Downstairs, this massive lower level suite comes complete with a full secondary kitchen and two generously sized, private bedrooms. Whether you are looking to move in, or explore future expansion possibilities on this one of a kind premium lot, the opportunities here are truly endless. Don't miss out on a rare real estate gem! home is being Sold AS IS.

377 Ellerslie Avenue - Detached photo 1 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 2 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 3 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 4 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 5 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 6 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 7 of 8 in Thornhill / Willowdale, Ontario
377 Ellerslie Avenue - Detached photo 8 of 8 in Thornhill / Willowdale, Ontario
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New Listing
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$1,530,000 - 377 Ellerslie Avenue, Willowdale

Detached for Sale in Willowdale

New — Listed 3 days ago

Neighbourhood: Willowdale West

5Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
C13696864
Property Type
Detached
Status
active
Days on Site
3
Bedrooms
5
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Thornhill / Willowdale
Listing Brokerage
GATE REAL ESTATE INC.
Description

Rare Opportunity: Premium L-Shaped Bungalow Lot with Endless Potential! Welcome to this exceptionally unique property, offering incredible versatility for investors, developers, and multi-generational families alike. Situated on an expansive, deeply private L-shaped stretching approximately 300 feet deep, this property features a 40 foot wide frontage that beautifully opens up to a massive 80 foot wide rear oasis for ultimately privacy and space. The main level boasts a classic, solid bungalow layout with bright, functional living spaces. Downstairs, this massive lower level suite comes complete with a full secondary kitchen and two generously sized, private bedrooms. Whether you are looking to move in, or explore future expansion possibilities on this one of a kind premium lot, the opportunities here are truly endless. Don't miss out on a rare real estate gem! home is being Sold AS IS.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,767.71/mo

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5-yr fixed avg.

Principal: $1,224,000Interest: $806,312
Mortgage Amount$1,224,000
Total Interest$806,312
Est. Property Tax$1,084/mo
Total Cost$2,030,312

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: Willowdale West

Discover Willowdale West

Willowdale West 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 Willowdale West

  • Convenient location in Thornhill / Willowdale
  • 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

Willowdale West 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

377 Ellerslie Avenue, Thornhill / Willowdale

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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)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$1,084
Insurance (est.)-$319
Net Cash Flow+$2,197

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 $2186/sqft, this property is priced above the Willowdale 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 Willowdale'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 Willowdale 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 Willowdale.

About Willowdale West

I know Willowdale West 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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    377 Ellerslie Avenue | $1,530,000 | Battaglia Team