2 Ellins Avenue, Toronto, ON

Rockcliffe-Smythe, Toronto · MLS® W13885260

$859,900
For Sale
Listed 9 days agoNo offer date stated
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2+3Bedrooms
2Bathrooms
1Garage · 2 parking
700-1100Sq ft

About this home

In short

  • Opportunity knocks at 2 Ellins Ave.
  • This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income...
  • The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level.
  • The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels.
  • A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to...

Opportunity knocks at 2 Ellins Ave! This solid 2+3 bedroom detached bungalow presents an excellent opportunity for investors, end-users and multi-generational families seeking flexibility, income potential and future upside. The functional layout features 2 bedrooms on the main level and 3 additional bedrooms in the finished lower level. A separate rear entrance from the kitchen provides direct access to a covered deck & a spacious backyard perfectly suited for outdoor enjoyment. The home offers 2 separate entrances, 2 kitchens and a 4-piece bathroom on both the main and lower levels. A rare parking configuration includes a large detached garage with private driveway access from Jane Street, plus a second driveway directly off Ellins Ave. with an active City of Toronto Front-Yard Parking Permit at $374.18/year.A recent updated survey and conceptual plans for a proposed 4-unit residential property are available, highlighting the property's strong potential for conversion to a 4-plex, together with the possibility of a garden suite, subject to applicable municipal approvals. Located close to Bloor West Village, The Junction, Stock Yards Village, TTC, Jane Station, schools, parks, golf, shopping and restaurants.

Key facts

Property type
Detached, Bungaloft
MLS®
W13885260
Bedrooms
2+3 (5 total)
Bathrooms
2
Size
700-1100 sq ft
Lot
28.03 × 115.21 ft
Cross streets
Jane St & St.Clair Ave W.
Parking
1 garage · 2 parking (detached)
Driveway
Private
Basement
Apartment, Separate Entrance, Walk-Up, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,480 / 2026
Days on market
9
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

BedroomBasement3.00 × 2.00 m

Window

KitchenBasement3.00 × 2.25 m

tile floor · window

BathroomBasement1.00 × 1.00 m

4 pc bath · tile floor

Living RoomMain4.30 × 3.20 m

open concept · large window

KitchenMain3.25 × 3.10 m

eat-in kitchen · large window

Primary BedroomMain3.90 × 3.20 m

hardwood floor · closet · large window

BedroomBasement3.50 × 3.30 m

Window

BedroomBasement3.70 × 2.75 m

Window

BathroomMain1.00 × 1.00 m

4 pc bath · tile floor

Bedroom 2Main3.20 × 3.10 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Lambton Park Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Rockcliffe-Smythe, 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.

Stonegate-Queensway
$2.25M
Dovercourt-Wallace Emerson-Junction
$1.25M
Islington-City Centre West
$1.54M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M

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 Lambton Park Community School
52%
Lambton Park Community SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 52% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Frank Oke Secondary School · Public secondary0.4 km
George Syme Community School · Public elementary0.5 km · 48% at standard
Roselands Junior Public School · Public elementary1.0 km · 50% at standard
Warren Park Junior Public School · Public elementary1.2 km · 74% at standard
King George Junior Public School · Public elementary1.2 km · 91% at standard
Our Lady of Victory Catholic School · Catholic elementary1.2 km · 62% at standard
St Oscar Romero Catholic Secondary School · Catholic secondary1.3 km · 61% at standard
Harwood Public School · Public elementary1.3 km · 55% at standard
Humbercrest Public School · Public elementary1.4 km · 80% at standard
Dennis Avenue Community School · Public elementary1.4 km · 57% at standard
James Culnan Catholic School · Catholic elementary1.5 km · 64% at standard
Santa Maria Catholic School · Catholic elementary1.6 km · 35% at standard

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

Affordability & Mortgage

Affordability
$3,919/mo
$162KIncome needed
5.3×Price ÷ income
$904Weekly cost
$27,346Land 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 $3,919Property tax $290Total carry $4,209

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$3,804per month

Mortgage amount $687,920 · 4.49% over 25 years

$171,980Down payment (20.0%)
$687,920Loan before insurance
$0CMHC premium
$4,094Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,804
Property tax
$290
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,094

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

One-time closing costs

Ontario land transfer tax
$13,673
Toronto municipal land transfer tax
$13,673
Estimated closing costs
$27,346

Plus your down payment of $171,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,604/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

$453,168Total interest paid
$1,141,088Total of all payments
Principal $687,920 Interest $453,168
YearPrincipalInterestBalance
1$15,351$30,292$672,569
2$16,048$29,595$656,520
3$16,777$28,866$639,743
4$17,539$28,105$622,204
5$18,335$27,308$603,869
6$19,168$26,476$584,701
7$20,038$25,606$564,663
8$20,948$24,696$543,715
9$21,899$23,745$521,816
10$22,893$22,750$498,923
11$23,933$21,711$474,991
12$25,019$20,624$449,971
13$26,155$19,488$423,816
14$27,343$18,301$396,473
15$28,584$17,059$367,889
16$29,882$15,761$338,007
17$31,239$14,405$306,768
18$32,657$12,986$274,111
19$34,140$11,503$239,971
20$35,690$9,953$204,280
21$37,311$8,333$166,970
22$39,005$6,639$127,965
23$40,776$4,868$87,189
24$42,627$3,017$44,562
25$44,562$1,081$0

At the end of your 5-year term

Total paid over the term
$228,218
Principal paid down
$84,051
Interest paid
$144,167
Balance remaining
$603,869

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
Estimate$1,450/mo
$17,400Gross annual rent
1.2%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.0%
Gross yield
− Property tax $3,480− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,606

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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