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New18 hours ago

215 Elm Avenue

Keswick South, Georgina

$439,900

Detached|Bungalow
2 | 2 | 6
About this home

An exceptional opportunity awaits with this spacious two-bedroom, two-bathroom bungalow offering over 1,000 square feet of well-proportioned living space. Ideal for savvy investors or first-time buyers eager to add personal touches, this property combines solid bones, major functional updates, and incredible long-term potential. The home features a bright and generous principal living room alongside an open kitchen and dining area equipped with stainless steel appliances and a gas range. The primary bedroom serves as a true retreat, complete with three closets and a convenient two-piece ensuite bath, while an updated 100-amp breaker panel and a partial basement housing the furnace, central air conditioning, hot water tank, washer, and dryer provide complete peace of mind. Set on an exceptionally deep lot, the expansive yard offers room for endless outdoor enjoyment and the future possibility of building a detached garage. Step outside to find a natural gas barbecue hookup, a pristine gazebo perfect for peaceful relaxation, and a dedicated firepit for gathering around a cozy evening campfire. Two large storage sheds in the backyard ensure ample space for tools and gear. Beyond the property itself, ownership includes exclusive access to the highly desirable Elmhurst Beach Association for a nominal yearly key fee. Residents enjoy two private neighborhood beaches: a dog-friendly park at the foot of Elm Avenue and a dog-free beach at the bottom of Bayview Avenue, which features a private boat launch. With great structural fundamentals and an unbeatable location, a little TLC will easily transform this versatile house into a dream starter home or a lucrative investment property.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$3,976
Lot Size50.02 ft x 193 ft
mls© NumberN13801250
Listed ByRE/MAX ALL-STARS TEAM TREVOR REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,252
Property tax
$331
Heat allowance
$150
Housing costs
$2,733 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $87,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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