$1,249,990 - 18 Edgewood Avenue, The Beaches
Detached for Sale in The Beaches
Popular Listing- MLS Number
- E13237382
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- POPE REAL ESTATE LIMITED
Rare opportunity in Toronto's highly sought-after Upper Beach neighbourhood. Built in 1920 and situated on a prominent corner lot at Edgewood Avenue and Maughan Crescent, this detached 2+2 bedroom duplex offers exceptional flexibility for investors, multi-generational families, or those seeking a home with income potential in one of the city's most desirable east-end communities. Featuring two self-contained units, this property presents an excellent opportunity for both end-users and investors.The vacant upper unit offers immediate occupancy or the opportunity to secure market rent, while the main floor is occupied by a long-standing family who have called the property home for nine years and have an established history of timely rent payments, providing dependable income from day one. Gas, hydro, and water are separately metered. The lower level is currently utilized as a laundry and storage area with a separate entrance. Recent improvements include a newer roof (2020), upgraded electrical service (2021), NAVIEN high-efficiency combi boiler (2022), updated upper-level kitchen with new appliances (2026), and new garage doors (2026).The beautifully landscaped corner lot was thoughtfully enhanced by the current owners and features mature Emerald Cedars, Beech, and Copper Beech trees, creating a private setting with outstanding curb appeal. A detached double-car garage, double private driveway, and parking for up to four vehicles complete this exceptional offering. Enjoy the best of Upper Beach living with easy access to The Beaches, parks, schools, community centres, local cafés, restaurants, shopping, and TTC transit. Minutes to downtown while surrounded by the charm and character of a well-established residential community. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a quality investment property to your portfolio, this versatile duplex offers long-term potential in a thriving neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$5,529.13/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.
18 Edgewood 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
Fair Market Value
At $1136/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.
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 $5,208 (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.