480 Ellerslie Ave, Toronto, Ontario M2R 1C4

Detached
2 + 2
2
~1100-1500 sqft
$1,499,000
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Detached
2 + 2
2
~1100-1500 sqft

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Highlights

Property Estimate

Estimated valueNot available

Price/Sqft$1,181/sqft

Monthly cost

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CMA Subject Property

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+13

Properties sold*

$2.2M

Median sold price*

*Based on last 30 days

Description

This property could be a starter home for those who want to get into this amazing neighbourhood and are not afraid of renovation work. Sitting on a spectacular 45 ft x 300 ft lot fronting onto Ellerslie Park and surrounded by custom homes, it offers exceptional potential. The home itself is filled with natural light and features a separate entrance basement. It can be renovated to suit personal use, transformed by a renovator, or rebuilt entirely by a builder on this rare, large and private lot. Windows on the main floor were replaced in April. Permit approval is already in place for conversion to a Fourplex, creating three one-bedroom units and a studio, all without any structural changes required to the exterior. Ideally located close to schools, public transit, shopping, and all amenities, this property combines size, location, and endless opportunity. Property is being sold in as-is, where-is condition.


Property Details

StyleBungalow
ViewClear, Park/Greenbelt
Age of property-
SqFt~1100-1500 SqFt
Lot Size13,500 SqFt(300 x 45)
Parking Spaces6
MLS ®NumberC12441006
Community NameWillowdale
Data SourceTRREB
Listing byROYAL LEPAGE YOUR COMMUNITY REALTY

Features

Heating: Forced Air
Fireplace
Basement: Sep Entrance, Finished

Main Floor

Kitchen

3.99 x 3.38

Eat-In Kitchen / Large Window

Living

4.41 x 4.75

Large Window / Combined W/Family

Dining

3.07 x 3.07

Large Window

Family

4.41 x 4.75

Large Window / Combined W/Living


Features

Lot size: 13,500 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Date unavailable
ListedActive
$1,499,000
< 1h on market
history photo preview26
Listing by trreb®

Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

25 days

2023

25 days

2022

28 days

New Listings

Past 30 days

101 listings

Compared to

2024

69 listings

2023

78 listings

2022

44 listings

Units sold

Past 30 days

26 units

Compared to

2024

13 units

2023

16 units

2022

15 units

Median Sold Price

Past 30 days

$1,714,400

Compared to

2024

$2,200,000

2023

$1,974,000

2022

$1,645,000


Population and Demographics

Overview

Total population 97265
Average household income $123,619

Age (%)

0 to 19
16%
20 to 34
27%
35 to 49
21%
50 to 64
18%
65 and plus
17%

Household composition (%)

Single family
57%
Single person
35%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
37%
Mandarin
15%
Iranian Persian
10%
Korean
10%
Yue (Cantonese)
8%
Russian
5%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Spanish
2%
Arabic
1%

House tenancy (%)

Owners
56%
Renters
44%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget