$1,495,000 - 130 Elmer Avenue, The Beaches
Detached for Sale in The Beaches
137 days on market- MLS Number
- E12649936
- Property Type
- Detached
- Status
- active
- Days on Site
- 137
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A rare and compelling opportunity to own a detached residence in the very heart of The Beaches. Offering outstanding value in one of Toronto's most prestigious and tightly held neighbourhoods, this solid and well-built home presents limitless potential for those with vision. With generous proportions, impressive ceiling heights, and strong structural integrity, the home serves as an exceptional foundation-whether you choose to refine with simple and thoughtful upgrades or embark on a transformative renovation. The existing layout easily accommodates three bedrooms, a den or home office, and two bathrooms, while inviting the possibility of a more expansive open-concept redesign or a substantial rear addition, as exemplified by neighbouring properties.The lower level further enhances the home's appeal, boasting good ceiling height and abundant opportunity to create additional living space. Envision a sophisticated family room, guest suite, spa-inspired bathroom, in-law accommodation, or income-generating rental-the options are both flexible and refined. Complete with parking and set on a coveted street, this residence is moments from the lake, sandy beaches, vibrant cafés, boutique shopping, acclaimed schools, and scenic bike paths. The unique charm, walkability, and community spirit of The Beaches are all at your doorstep.130 Elmer Avenue is more than a home-it is an invitation to design something truly special in one of Toronto's most enduring and desirable markets. Property qualifies for a 2-storey garden suite under the City of Toronto's new garden suite program with potential for up to approximately 1,291 sq ft over two storeys (subject to City approvals).
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Estimated Payment
$6,612.89/mo
5-yr fixed avg.
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.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches 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 The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
The Beaches / Upper Beaches 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.
130 Elmer Avenue, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1359/sqft, this property is priced above the The Beaches 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.
Negotiation Opportunity
At 137 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in The Beaches 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.
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 The Beaches.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.