31 Days on Market

62 Elder Ave, Toronto, Ontario M8W 1S4

$1,200,000
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Detached
2
1
~630 sqft

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Highlights

Estimated Value$822,000*

Price/Sqft$1,904/sqft

Days On Market31 days

Est. Mortgage$5,153/mth

Tax Amount (2023)$3,158/yr

*Last updated on: 24/05/02

Description

Fantastic opportunity for builders and developers in the sought-after Long Branch area! We are pleased to present two adjacent properties for sale, each boasting a generous lot size of 36x125 feet. 62 Elder Ave. is listed together with 64 Elder Ave. MLS# 40561244. Each lot priced at $1,200,000. These two properties together offer the potential to become three separate building lots upon city approval. This prime land offers the chance to create custom-built homes or multi-unit residences in a desirable neighbourhood known for its charm and convenience. Many lots in this neighbourhood have undergone similar types of transformation. Reach out and we can share details. The prime and vibrant Long Branch community is known for picturesque tree-lined streets, proximity to the lake, and a friendly atmosphere. Residents enjoy leisurely strolls along the nearby waterfront, exploring quaint local shops and eateries along Lake Shore Boulevard, and soaking up the sun at several parks and beaches. Don't miss out on this exceptional opportunity to shape the future of this coveted area with your next project.


Property Details

StyleBungalow
View-
Age of property1941
SqFt~630 SqFt
Lot Size4,500 SqFt(125 x 36)
Parking Spaces2
MLS ®Number40561300
Community NameLong Branch
Board NameITSO

Features

Heating: Baseboard, Electric
Basement: Full, Partially Finished

Main Floor

Living Room

4.01 x 3.48

Kitchen

2.97 x 3.35

Bedroom Primary

2.84 x 3.35

Bedroom

2.49 x 3.48


Features

Lot size: 4,500 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Now
Listed for$1,200,000
31 days on market
history photo preview11
Now
Listed for$1,200,000
31 days on market
history photo preview11
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Property listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES BRADICA GROUP, Brokerage

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Market DataFor the past 30 days in Long Branch

Median Selling Price

$1,400,000

5.26% more than GTA:

$1,330,000

Median Bidding

Underbidding - Trending to buyer market

-$20,000

GTA median: -$1,999

Median Number of Sales

9 sales

2906 sales less than GTA:

2915 sales

Median Number of Days on Market

16 days

7 days more than GTA:

9 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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