80 Elmer Avenue, Toronto, ON

The Beaches, Toronto · MLS® E13765230

$2,299,000
For Sale
Listed 39 days agoNo offer date statedSitting longer than typical
4+1Bedrooms
4Bathrooms
1Parking
2000-2500Sq ft

About this home

In short

  • This fantastic Prime Beach home is perfect for family life and entertaining.
  • Deceivingly large with a generous 4 storey addition.
  • With approx 3300 sq ft of immaculate finished living space, there is nothing to do but move in.
  • The second level boasts 2 generous sized bedrooms, the 3rd bedroom on the second level was converted to a fab walk-in closet with custom cabinetry (easily converted...
  • The 3rd level is the Primary retreat with newly expanded large ensuite bath with double sink, freestanding soaker tub, and large walk in shower.

This fantastic Prime Beach home is perfect for family life and entertaining! Deceivingly large with a generous 4 storey addition. With approx 3300 sq ft of immaculate finished living space, there is nothing to do but move in. Detached with parking on a lovely low maintenance lot situated mid block north of Queen close enough to enjoy the fab shops and restos of Queen and a short stroll to the boardwalk, but just far enough away to enjoy the tranquility and guest street parking this street has to offer. This home is the perfect blend of form and function. The main level has perfect flow, large dining, and living space with built-ins and gas fireplace, fantastic eat in kitchen with large walk in pantry. The main floor family room with powder room are a must have on anyones list. An expansive floor to ceiling custom glass slider door floods the main floor with light over looking the pristine maintenance free back garden perfect for kids and pets. The lower level is the perfect family room/ in-law/ nanny suite space. The second level boasts 2 generous sized bedrooms, the 3rd bedroom on the second level was converted to a fab walk-in closet with custom cabinetry (easily converted back to accommodate a bedroom if desired). A large second floor laundry room and 5 piece bath complete the space. The 3rd level is the Primary retreat with newly expanded large ensuite bath with double sink, freestanding soaker tub, and large walk in shower.

Key facts

Property type
Detached, 3-Storey
MLS®
E13765230
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
21.5 × 116 ft
Cross streets
Queen St. E / Elmer Avenue
Parking
1 parking
Driveway
Front Yard Parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete, Brick
Roof
Shingles
Sewer
Sewer
Property tax
$9,354 / 2026
Days on market
39
Listing brokerage
ROYAL LEPAGE ESTATE REALTY

Rooms

LaundrySecond2.86 × 2.25 m

b/i shelves · tile floor · laundry sink

KitchenMain4.32 × 3.12 m

eat-in kitchen · modern kitchen · pantry

BreakfastMain2.32 × 1.66 m

hardwood floor · open concept

Primary BedroomThird4.55 × 3.88 m

Hardwood Floor

Utility RoomBasement4.66 × 2.29 m
BedroomSecond4.55 × 4.24 m

walk-in closet(s) · hardwood floor

BedroomBasement4.71 × 3.07 m

3 Pc Ensuite

Family RoomMain4.54 × 4.28 m

hardwood floor · w/o to yard · glass doors

BedroomSecond3.75 × 3.51 m

Hardwood Floor

OtherSecond3.38 × 2.39 m

hardwood floor · walk-in closet(s)

Family RoomBasement4.26 × 4.04 m
Dining RoomMain3.67 × 3.42 m

hardwood floor · open concept

BathroomThird3.42 × 3.88 m

soaking tub · double sink · separate shower

Living RoomMain4.39 × 4.08 m

pot lights · gas fireplace · hardwood floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$2.29Mlikely sale price

Listed at $2,299,000. Going by how homes in The Beaches and the wider GTA have actually closed against their asking prices (about 100%, 17 local closings in 90 days), the likely sale price is near $2.29M, if it sells. A realistic range is $2.15M to $2.58M.

Independent value check: $2.05M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.92M and $2.15M).

Why $2.05M. The typical detached home sold in The Beaches over the past year went for about $2.15M (93 sales). What sets this one apart:

  • ▲ Raises it4+1 bedrooms and 4 baths, against 4+1 and 3 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $9,354 a year; the typical home sold here pays about $9,600.

Longer on the market than typical. 39 days on the market against about 24 for homes like it here, and asking 12% above where comparable closings put it.

List price
$2.15MBelow recent closings$2.58MAbove recent closings

Total price vs nearby homes. Likely closing about $2.29M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$2.21Mmedian sold price
105%of asking, on average
+0%prices vs a year ago
~8 dayshomes like this take to sell
39days on market so far
$6,367/moest. rent · 19 leases
3.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.2 months of inventory: 7 detached homes for sale in the area against 17 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,022/sqft against an area asking average of $1,107/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.96M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Kew Beach Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,022/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 17 comparable homes that sold in The Beaches over the past two years, from 183 closings there.

What sellers nearby are askingCurrently listed nearby in The Beaches · asking prices
$2.54Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $1,129/sqft; this home lists at $1,022/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
2.30MThis home2.00M2.70M2.92MThis home vs active comparables

Sold price trend

Median sold price for detached homes in The Beaches: $2.30M in September 2026, down 2% from a year ago, on 86 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.98M14
November 2025$2.65M5
February 2026$1.65M5
March 2026$2.44M8
April 2026$2.33M13
May 2026$2.15M10
June 2026$2.52M9
July 2026$2.25M7
August 2026$1.83M8
September 2026$2.30M7

Neighbourhood & location

The Beaches, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Woodbine-Lumsden
$949K
Leaside
$2.48M
Cliffcrest
$799K
Wexford-Maryvale
$849K
Banbury-Don Mills
$5.50M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Kew Beach Junior Public School
85%
Kew Beach Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 85% meet the provincial standard
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Norway Junior Public School · Public elementary0.5 km · 85% at standard
Glen Ames Senior Public School · Public elementary0.6 km
Williamson Road Junior Public School · Public elementary0.7 km · 78% at standard
St John Catholic School · Catholic elementary1.2 km · 72% at standard
Beaches Alternative Junior School · Public elementary1.3 km
Kimberley Junior Public School · Public elementary1.3 km · 82% at standard
Balmy Beach Community School · Public elementary1.3 km · 88% at standard
Notre Dame Catholic High School · Catholic secondary1.4 km · 82% at standard
Equinox Holistic Alternative School · Public elementary1.5 km · 83% at standard
Roden Public School · Public elementary1.5 km · 65% at standard
Malvern Collegiate Institute · Public secondary1.5 km · 87% at standard
Duke of Connaught Junior and Senior Public School · Public elementary1.6 km · 71% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$10,478/mo
$426KIncome needed
5.4×Price ÷ income
$2,418Weekly cost
$87,900Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $10,478Property tax $779Total carry $11,258

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,169per month

Mortgage amount $1,839,200 · 4.49% over 25 years

$459,800Down payment (20.0%)
$1,839,200Loan before insurance
$0CMHC premium
$10,949Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,169
Property tax
$780
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,949

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$43,950
Toronto municipal land transfer tax
$43,950
Estimated closing costs
$87,900

Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,308/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,211,576Total interest paid
$3,050,776Total of all payments
Principal $1,839,200 Interest $1,211,576
YearPrincipalInterestBalance
1$41,043$80,988$1,798,157
2$42,907$79,124$1,755,250
3$44,855$77,176$1,710,395
4$46,891$75,140$1,663,504
5$49,020$73,011$1,614,484
6$51,246$70,785$1,563,238
7$53,573$68,458$1,509,665
8$56,005$66,026$1,453,659
9$58,548$63,483$1,395,111
10$61,207$60,825$1,333,905
11$63,986$58,045$1,269,919
12$66,891$55,140$1,203,028
13$69,928$52,103$1,133,100
14$73,103$48,928$1,059,998
15$76,422$45,609$983,576
16$79,892$42,139$903,684
17$83,519$38,512$820,164
18$87,311$34,720$732,853
19$91,276$30,755$641,577
20$95,420$26,611$546,157
21$99,752$22,279$446,405
22$104,282$17,749$342,123
23$109,016$13,015$233,107
24$113,966$8,065$119,141
25$119,141$2,890$0

At the end of your 5-year term

Total paid over the term
$610,155
Principal paid down
$224,716
Interest paid
$385,439
Balance remaining
$1,614,484

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 19 whole-home leases in The Beaches$6,367/mo
$76,404Gross annual rent
2.5%Cap rate after taxes and upkeep
$5,971 to $6,910Typical rent range
~17 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 19 whole-home leases in The Beaches signed at a median of $6,408 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,367. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.3%
Gross yield
− Property tax $9,354− Insurance $1,400− Vacancy & upkeep $8,404Net operating income $57,246

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE ESTATE REALTY. MLS®/PropTx.

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